Sndl Inc Stock Price on April 22, 2024
| SNDL Stock | USD 2.46 0.19 7.17% |
Below is the normalized historical share price chart for SNDL Inc extending back to August 01, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SNDL stands at 2.46, as last reported on the 20th of May, with the highest price reaching 2.74 and the lowest price hitting 2.44 during the day.
If you're considering investing in SNDL Stock, it is important to understand the factors that can impact its price. SNDL is dangerous given 3 months investment horizon. SNDL Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of volatility over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use SNDL Inc risk adjusted performance of 0.1047, and Coefficient Of Variation of 613.1 to evaluate company specific risk that cannot be diversified away.
At this time, SNDL's Total Stockholder Equity is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 920.2 M this year, although the value of Capital Stock will most likely fall to about 1.8 B. . Price Earnings To Growth Ratio is expected to rise to 0.06 this year, although the value of Price To Sales Ratio will most likely fall to 0.59. SNDL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of August 2019 | 200 Day MA 1.6738 | 50 Day MA 2.014 | Beta 3.274 |
SNDL |
Sharpe Ratio = 0.171
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Estimated Market Risk
| 6.62 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average SNDL is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SNDL by adding it to a well-diversified portfolio.
Price Book 0.5943 | Enterprise Value Ebitda (5.05) | Price Sales 0.5788 | Shares Float 261.8 M | Wall Street Target Price 3.62 |
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SNDL Valuation on April 22, 2024
It is possible to determine the worth of SNDL on a given historical date. On April 22, 2024 SNDL was worth 1.87 at the beginning of the trading date compared to the closed value of 1.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SNDL stock. Still, in general, we apply an absolute valuation method to find SNDL's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SNDL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SNDL's related companies.
| Open | High | Low | Close | Volume | |
| 1.83 | 1.90 | 1.81 | 1.87 | 3,175,489 | |
04/22/2024 | 1.87 | 1.90 | 1.80 | 1.88 | 2,789,661 |
| 1.85 | 2.08 | 1.85 | 2.07 | 4,909,827 |
| Backtest SNDL | | | SNDL History | | | SNDL Valuation | Previous | Next |
SNDL Trading Date Momentum on April 22, 2024
| On April 23 2024 SNDL Inc was traded for 2.07 at the closing time. The top price for the day was 2.08 and the lowest listed price was 1.85 . The trading volume for the day was 4.9 M. The trading history from April 23, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 10.11% . The trading price change against the current closing price is 20.21% . |
SNDL Inc Fundamentals Correlations and Trends
By evaluating SNDL's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SNDL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SNDL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SNDL Stock history
SNDL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SNDL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SNDL Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SNDL stock prices may prove useful in developing a viable investing in SNDL
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 259.4 M | 272.3 M | |
| Net Loss | -301.6 M | -286.5 M |
SNDL Stock Technical Analysis
SNDL 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.
Price Boundaries
SNDL Period Price Range
Low | April 22, 2024
| High |
1.87 | 1.88 |
SNDL May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how SNDL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SNDL shares will generate the highest return on investment. By undertsting and applying SNDL stock market strength indicators, traders can identify SNDL Inc entry and exit signals to maximize returns
SNDL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SNDL's price direction in advance. Along with the technical and fundamental analysis of SNDL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SNDL to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.0596 | |||
| Sortino Ratio | 0.2016 | |||
| Treynor Ratio | 2.4 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the SNDL Inc information on this page should be used as a complementary analysis to other SNDL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for SNDL Stock analysis
When running SNDL's price analysis, check to measure SNDL'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 SNDL is operating at the current time. Most of SNDL's value examination focuses on studying past and present price action to predict the probability of SNDL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SNDL's price. Additionally, you may evaluate how the addition of SNDL to your portfolios can decrease your overall portfolio volatility.
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Is SNDL'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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 3.505 | Quarterly Revenue Growth 0.035 | Return On Assets (0.03) | Return On Equity (0.11) |
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.