Standex International Stock Market Value
| SXI Stock | USD 204.62 2.82 1.40% |
| Symbol | Standex |
Standex International Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Standex International. If investors know Standex 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 Standex International 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 6.613 | Dividend Share 1.2 | Earnings Share 6.14 | Revenue Per Share 59.989 | Quarterly Revenue Growth 0.266 |
The market value of Standex International is measured differently than its book value, which is the value of Standex that is recorded on the company's balance sheet. Investors also form their own opinion of Standex International's value that differs from its market value or its book value, called intrinsic value, which is Standex International'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 Standex International's market value can be influenced by many factors that don't directly affect Standex International'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 Standex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standex International'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.
Standex International '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 Standex International'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 Standex International.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Standex International on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Standex International or generate 0.0% return on investment in Standex International over 660 days. Standex International is related to or competes with Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, T Rowe, Jpmorgan Smartretirement*, and 70082LAB3. Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for ... More
Standex International 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 Standex International'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 Standex International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0791 | |||
| Maximum Drawdown | 13.5 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.94 |
Standex International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standex International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standex International's standard deviation. In reality, there are many statistical measures that can use Standex International historical prices to predict the future Standex International's volatility.| Risk Adjusted Performance | 0.1151 | |||
| Jensen Alpha | 0.0683 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1014 | |||
| Treynor Ratio | 0.1587 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Standex International's 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.
Standex International Backtested Returns
Standex International appears to be very steady, given 3 months investment horizon. Standex International 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 thirty technical indicators for Standex International, which you can use to evaluate the volatility of the company. Please review Standex International's Semi Deviation of 1.33, risk adjusted performance of 0.1151, and Coefficient Of Variation of 704.79 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Standex International holds a performance score of 10. The entity has a beta of 1.8, 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, Standex International will likely underperform. Please check Standex International's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Standex International's existing price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Standex International has modest predictability. Overlapping area represents the amount of predictability between Standex International time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 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 Standex International price movement. The serial correlation of 0.5 indicates that about 50.0% of current Standex International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 188.27 |
Standex International lagged returns against current returns
Autocorrelation, which is Standex International 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 Standex International's stock expected returns. We can calculate the autocorrelation of Standex International returns to help us make a trade decision. For example, suppose you find that Standex International 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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Standex International 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 Standex International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standex International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standex International stock over time.
Current vs Lagged Prices |
| Timeline |
Standex International Lagged Returns
When evaluating Standex International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standex International stock have on its future price. Standex International 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, Standex International autocorrelation shows the relationship between Standex International stock current value and its past values and can show if there is a momentum factor associated with investing in Standex International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Standex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standex International'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 Standex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standex International Stock:Check out Standex International Correlation, Standex International Volatility and Standex International Alpha and Beta module to complement your research on Standex International. For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Standex International 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.