Sacks Parente Golf, Stock Market Value
| SPGC Stock | 1.63 0.01 0.62% |
| Symbol | Sacks |
Sacks Parente Golf, Price To Book Ratio
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sacks Parente. If investors know Sacks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sacks Parente listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.70) | Revenue Per Share 0.973 | Quarterly Revenue Growth 16.298 | Return On Assets (1.41) | Return On Equity (17.71) |
The market value of Sacks Parente Golf, is measured differently than its book value, which is the value of Sacks that is recorded on the company's balance sheet. Investors also form their own opinion of Sacks Parente's value that differs from its market value or its book value, called intrinsic value, which is Sacks Parente's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sacks Parente's market value can be influenced by many factors that don't directly affect Sacks Parente's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sacks Parente's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sacks Parente is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sacks Parente's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sacks Parente 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sacks Parente's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sacks Parente.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Sacks Parente on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Sacks Parente Golf, or generate 0.0% return on investment in Sacks Parente over 540 days. Sacks Parente is related to or competes with Algorhythm Holdings,, Arlo Technologies, Trugolf, Empire State, Bristol-Myers Squibb, Sitio Royalties, and Palantir Technologies. Sacks Parente is entity of United States More
Sacks Parente Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sacks Parente's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sacks Parente Golf, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 64.7 | |||
| Value At Risk | (7.54) | |||
| Potential Upside | 9.66 |
Sacks Parente Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sacks Parente's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sacks Parente's standard deviation. In reality, there are many statistical measures that can use Sacks Parente historical prices to predict the future Sacks Parente's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | 10.34 |
Sacks Parente Golf, Backtested Returns
Sacks Parente Golf, owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0602, which indicates the firm had a -0.0602% return per unit of risk over the last 3 months. Sacks Parente Golf, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sacks Parente's Risk Adjusted Performance of (0.04), variance of 62.11, and Coefficient Of Variation of (1,692) to confirm the risk estimate we provide. The entity has a beta of -0.046, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sacks Parente are expected to decrease at a much lower rate. During the bear market, Sacks Parente is likely to outperform the market. At this point, Sacks Parente Golf, has a negative expected return of -0.48%. Please make sure to validate Sacks Parente's total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if Sacks Parente Golf, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Sacks Parente Golf, has poor predictability. Overlapping area represents the amount of predictability between Sacks Parente time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sacks Parente Golf, price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Sacks Parente price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Sacks Parente Golf, lagged returns against current returns
Autocorrelation, which is Sacks Parente stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sacks Parente's stock expected returns. We can calculate the autocorrelation of Sacks Parente returns to help us make a trade decision. For example, suppose you find that Sacks Parente has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sacks Parente regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sacks Parente stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sacks Parente stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sacks Parente stock over time.
Current vs Lagged Prices |
| Timeline |
Sacks Parente Lagged Returns
When evaluating Sacks Parente's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sacks Parente stock have on its future price. Sacks Parente autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sacks Parente autocorrelation shows the relationship between Sacks Parente stock current value and its past values and can show if there is a momentum factor associated with investing in Sacks Parente Golf,.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sacks Parente Golf, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sacks Parente's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sacks Parente Golf, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sacks Parente Golf, Stock:Check out Sacks Parente Correlation, Sacks Parente Volatility and Sacks Parente Alpha and Beta module to complement your research on Sacks Parente. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Sacks Parente technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.