Servotronics Stock Market Value
| SVT Stock | USD 11.43 0.02 0.17% |
| Symbol | Servotronics |
Is Electrical Components & Equipment 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 Servotronics. If investors know Servotronics 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 Servotronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Servotronics is measured differently than its book value, which is the value of Servotronics that is recorded on the company's balance sheet. Investors also form their own opinion of Servotronics' value that differs from its market value or its book value, called intrinsic value, which is Servotronics' 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 Servotronics' market value can be influenced by many factors that don't directly affect Servotronics' 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 Servotronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Servotronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Servotronics' 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.
Servotronics '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 Servotronics' 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 Servotronics.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Servotronics on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Servotronics or generate 0.0% return on investment in Servotronics over 30 days. Servotronics is related to or competes with Energizer Holdings, Acuity Brands, Espey Mfg, Preformed Line, Kimball Electronics, NeoVolta Common, and Novonix. Servotronics, Inc. designs, manufactures, and markets control components and consumer products in the United States and ... More
Servotronics 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 Servotronics' 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 Servotronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.72 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 4.88 |
Servotronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Servotronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Servotronics' standard deviation. In reality, there are many statistical measures that can use Servotronics historical prices to predict the future Servotronics' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Servotronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Servotronics Backtested Returns
Servotronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.012, which indicates the firm had a -0.012% return per unit of risk over the last 3 months. Servotronics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Servotronics' Coefficient Of Variation of (8,363), insignificant risk adjusted performance, and Variance of 9.82 to confirm the risk estimate we provide. The entity has a beta of 0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Servotronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Servotronics is expected to be smaller as well. At this point, Servotronics has a negative expected return of -0.0375%. Please make sure to validate Servotronics' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Servotronics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Servotronics has very weak reverse predictability. Overlapping area represents the amount of predictability between Servotronics time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Servotronics price movement. The serial correlation of -0.02 indicates that only 2.0% of current Servotronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Servotronics lagged returns against current returns
Autocorrelation, which is Servotronics 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 Servotronics' stock expected returns. We can calculate the autocorrelation of Servotronics returns to help us make a trade decision. For example, suppose you find that Servotronics 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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Servotronics 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 Servotronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Servotronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Servotronics stock over time.
Current vs Lagged Prices |
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Servotronics Lagged Returns
When evaluating Servotronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Servotronics stock have on its future price. Servotronics 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, Servotronics autocorrelation shows the relationship between Servotronics stock current value and its past values and can show if there is a momentum factor associated with investing in Servotronics.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Servotronics Stock Analysis
When running Servotronics' price analysis, check to measure Servotronics' 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 Servotronics is operating at the current time. Most of Servotronics' value examination focuses on studying past and present price action to predict the probability of Servotronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Servotronics' price. Additionally, you may evaluate how the addition of Servotronics to your portfolios can decrease your overall portfolio volatility.