Suburban Propane Partners Stock Market Value
| SPH Stock | USD 21.24 1.19 5.94% |
| Symbol | Suburban |
Suburban Propane Partners Price To Book Ratio
Is Gas Utilities 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 Suburban Propane. If investors know Suburban 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 Suburban Propane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.062 | Earnings Share 1.14 | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets |
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane'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 Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane'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 Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane'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.
Suburban Propane '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 Suburban Propane'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 Suburban Propane.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Suburban Propane on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Suburban Propane Partners or generate 0.0% return on investment in Suburban Propane over 30 days. Suburban Propane is related to or competes with Northwest Natural, NewJersey Resources, Atmos Energy, Chesapeake Utilities, One Gas, RGC Resources, and Spire. Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, ... More
Suburban Propane 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 Suburban Propane'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 Suburban Propane Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.56 | |||
| Information Ratio | 0.0636 | |||
| Maximum Drawdown | 10.8 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.73 |
Suburban Propane Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suburban Propane's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suburban Propane's standard deviation. In reality, there are many statistical measures that can use Suburban Propane historical prices to predict the future Suburban Propane's volatility.| Risk Adjusted Performance | 0.1 | |||
| Jensen Alpha | 0.1631 | |||
| Total Risk Alpha | 1.0E-4 | |||
| Sortino Ratio | 0.0505 | |||
| Treynor Ratio | 0.3504 |
Suburban Propane Partners Backtested Returns
Suburban Propane appears to be very steady, given 3 months investment horizon. Suburban Propane Partners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Suburban Propane Partners, which you can use to evaluate the volatility of the company. Please review Suburban Propane's Coefficient Of Variation of 887.92, semi deviation of 2.22, and Risk Adjusted Performance of 0.1 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Suburban Propane holds a performance score of 10. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Suburban Propane's returns are expected to increase less than the market. However, during the bear market, the loss of holding Suburban Propane is expected to be smaller as well. Please check Suburban Propane's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Suburban Propane's existing price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
Suburban Propane Partners has very good predictability. Overlapping area represents the amount of predictability between Suburban Propane time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Suburban Propane Partners price movement. The serial correlation of 0.85 indicates that around 85.0% of current Suburban Propane price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Suburban Propane Partners lagged returns against current returns
Autocorrelation, which is Suburban Propane 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 Suburban Propane's stock expected returns. We can calculate the autocorrelation of Suburban Propane returns to help us make a trade decision. For example, suppose you find that Suburban Propane 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 |
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Suburban Propane 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 Suburban Propane stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suburban Propane stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suburban Propane stock over time.
Current vs Lagged Prices |
| Timeline |
Suburban Propane Lagged Returns
When evaluating Suburban Propane's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suburban Propane stock have on its future price. Suburban Propane 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, Suburban Propane autocorrelation shows the relationship between Suburban Propane stock current value and its past values and can show if there is a momentum factor associated with investing in Suburban Propane Partners.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane'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 Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:Check out Suburban Propane Correlation, Suburban Propane Volatility and Suburban Propane Alpha and Beta module to complement your research on Suburban Propane. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Suburban Propane 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.