Slm Corp Stock Market Value
| SLM Stock | USD 21.93 0.61 2.86% |
| Symbol | SLM |
SLM Corp Price To Book Ratio
Is SLM Corp's industry 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 SLM Corp. If investors know SLM 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 SLM Corp 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 (0.62) | Dividend Share 0.44 | Earnings Share 2.41 | Revenue Per Share 6.326 | Quarterly Revenue Growth 8.819 |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp'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 SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp'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 SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp'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.
SLM Corp '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 SLM Corp'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 SLM Corp.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in SLM Corp on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding SLM Corp or generate 0.0% return on investment in SLM Corp over 30 days. SLM Corp is related to or competes with Visa, Mastercard, and 70082LAB3. SLM Corporation, through its subsidiaries, originates and services private education loans to students and their familie... More
SLM Corp 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 SLM Corp'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 SLM Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.28 | |||
| Information Ratio | 0.0982 | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.44 |
SLM Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SLM Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SLM Corp's standard deviation. In reality, there are many statistical measures that can use SLM Corp historical prices to predict the future SLM Corp's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 0.1211 | |||
| Total Risk Alpha | 0.0355 | |||
| Sortino Ratio | 0.1104 | |||
| Treynor Ratio | 0.176 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SLM Corp'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.
SLM Corp Backtested Returns
We consider SLM Corp very steady. SLM Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for SLM Corp, which you can use to evaluate the volatility of the company. Please validate SLM Corp's coefficient of variation of 623.4, and Risk Adjusted Performance of 0.1045 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. SLM Corp has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 1.25, 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, SLM Corp will likely underperform. SLM Corp currently has a risk of 1.41%. Please validate SLM Corp expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if SLM Corp will be following its existing price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
SLM Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between SLM Corp time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 SLM Corp price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current SLM Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
SLM Corp lagged returns against current returns
Autocorrelation, which is SLM Corp 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 SLM Corp's stock expected returns. We can calculate the autocorrelation of SLM Corp returns to help us make a trade decision. For example, suppose you find that SLM Corp 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 |
SLM Corp 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 SLM Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SLM Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SLM Corp stock over time.
Current vs Lagged Prices |
| Timeline |
SLM Corp Lagged Returns
When evaluating SLM Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SLM Corp stock have on its future price. SLM Corp 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, SLM Corp autocorrelation shows the relationship between SLM Corp stock current value and its past values and can show if there is a momentum factor associated with investing in SLM Corp.
Regressed Prices |
| Timeline |
SLM Corp Investors Sentiment
The influence of SLM Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SLM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SLM Corp's public news can be used to forecast risks associated with an investment in SLM. The trend in average sentiment can be used to explain how an investor holding SLM can time the market purely based on public headlines and social activities around SLM Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SLM Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SLM Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SLM Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SLM Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SLM Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SLM Corp's short interest history, or implied volatility extrapolated from SLM Corp options trading.
Currently Active Assets on Macroaxis
When determining whether SLM Corp is a strong investment it is important to analyze SLM Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SLM Corp's future performance. For an informed investment choice regarding SLM Stock, refer to the following important reports:Check out SLM Corp Correlation, SLM Corp Volatility and SLM Corp Alpha and Beta module to complement your research on SLM Corp. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for SLM Stock analysis
When running SLM Corp's price analysis, check to measure SLM Corp'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 SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.
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SLM Corp 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.