Siriuspoint Stock Market Value
| SPNT Stock | USD 15.37 0.07 0.46% |
| Symbol | Siriuspoint |
Siriuspoint Price To Book Ratio
Is Property & Casualty Insurance 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 Siriuspoint. If investors know Siriuspoint 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 Siriuspoint 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 (0.92) | Earnings Share 1.64 | Revenue Per Share 16.146 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0206 |
The market value of Siriuspoint is measured differently than its book value, which is the value of Siriuspoint that is recorded on the company's balance sheet. Investors also form their own opinion of Siriuspoint's value that differs from its market value or its book value, called intrinsic value, which is Siriuspoint'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 Siriuspoint's market value can be influenced by many factors that don't directly affect Siriuspoint'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 Siriuspoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siriuspoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siriuspoint'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.
Siriuspoint '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 Siriuspoint'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 Siriuspoint.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Siriuspoint on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Siriuspoint or generate 0.0% return on investment in Siriuspoint over 180 days. Siriuspoint is related to or competes with Maiden Holdings, Reinsurance Group, Oxbridge, Greenlight Capital, SCOR PK, and SiriusPoint. SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide More
Siriuspoint 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 Siriuspoint'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 Siriuspoint upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.0027 | |||
| Maximum Drawdown | 13.03 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.19 |
Siriuspoint Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siriuspoint's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siriuspoint's standard deviation. In reality, there are many statistical measures that can use Siriuspoint historical prices to predict the future Siriuspoint's volatility.| Risk Adjusted Performance | 0.0441 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.003 | |||
| Treynor Ratio | 0.0518 |
Siriuspoint Backtested Returns
Currently, Siriuspoint is not too volatile. Siriuspoint owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0403, which indicates the firm had a 0.0403% return per unit of risk over the last 3 months. We have found thirty technical indicators for Siriuspoint, which you can use to evaluate the volatility of the company. Please validate Siriuspoint's Risk Adjusted Performance of 0.0441, coefficient of variation of 1991.58, and Semi Deviation of 1.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.0823%. Siriuspoint has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.76, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Siriuspoint will likely underperform. Siriuspoint right now has a risk of 2.04%. Please validate Siriuspoint downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Siriuspoint will be following its existing price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Siriuspoint has virtually no predictability. Overlapping area represents the amount of predictability between Siriuspoint time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Siriuspoint price movement. The serial correlation of 0.03 indicates that only 3.0% of current Siriuspoint price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Siriuspoint lagged returns against current returns
Autocorrelation, which is Siriuspoint 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 Siriuspoint's stock expected returns. We can calculate the autocorrelation of Siriuspoint returns to help us make a trade decision. For example, suppose you find that Siriuspoint 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 |
Siriuspoint 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 Siriuspoint stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siriuspoint stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siriuspoint stock over time.
Current vs Lagged Prices |
| Timeline |
Siriuspoint Lagged Returns
When evaluating Siriuspoint's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siriuspoint stock have on its future price. Siriuspoint 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, Siriuspoint autocorrelation shows the relationship between Siriuspoint stock current value and its past values and can show if there is a momentum factor associated with investing in Siriuspoint.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Siriuspoint Stock Analysis
When running Siriuspoint's price analysis, check to measure Siriuspoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.