Stoneridge Stock Performance
| SRI Stock | USD 14.80 0.16 1.07% |
The entity has a beta of 2.42, 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, Stoneridge will likely underperform. Stoneridge has an expected return of -0.29%. Please make sure to validate Stoneridge treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Stoneridge performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Stoneridge has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in June 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Actual Historical Performance (%)
One Day Return (1.07) | Five Day Return (4.33) | Year To Date Return (22.51) | Ten Year Return 42.31 | All Time Return (26.00) |
Last Split Factor 5:9 | Last Split Date 2011-03-22 |
1 | Stoneridge Full Year 2023 Earnings Beats Expectations | 03/01/2024 |
2 | Director Kim Korth Sells 7,745 Shares of Stoneridge Inc | 03/08/2024 |
3 | Acquisition by Caetano Ferraiolo of 5800 shares of Stoneridge subject to Rule 16b-3 | 03/13/2024 |
4 | Does The Market Have A Low Tolerance For Sipa Resources Limiteds Mixed Fundamentals | 03/15/2024 |
5 | Disposition of 7334 shares by Troy Cooprider of Stoneridge subject to Rule 16b-3 | 03/20/2024 |
6 | Cargo Transporters, Inc. Adopts Stoneridges MirrorEye Camera Monitor System | 03/22/2024 |
7 | Stoneridge Share Price Passes Above Two Hundred Day Moving Average of 17.79 - Defense World | 03/26/2024 |
8 | Disposition of 2112 shares by Rajaey Kased of Stoneridge subject to Rule 16b-3 | 04/12/2024 |
9 | Stoneridge to Release Quarterly Earnings on Wednesday - MarketBeat | 04/24/2024 |
10 | SRI Stock Earnings Stoneridge Misses EPS, Beats Revenue for Q1 2024 | 05/02/2024 |
| Begin Period Cash Flow | 54.8 M |
Stoneridge |
Stoneridge Relative Risk vs. Return Landscape
If you would invest 1,801 in Stoneridge on February 3, 2024 and sell it today you would lose (321.00) from holding Stoneridge or give up 17.82% of portfolio value over 90 days. Stoneridge is generating negative expected returns assuming volatility of 2.4736% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than Stoneridge, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Stoneridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stoneridge's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Stoneridge, and traders can use it to determine the average amount a Stoneridge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1154
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SRI |
Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stoneridge is not performing at its full potential. However, 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 Stoneridge by adding Stoneridge to a well-diversified portfolio.
Stoneridge Fundamentals Growth
Stoneridge Stock prices reflect investors' perceptions of the future prospects and financial health of Stoneridge, and Stoneridge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Stoneridge Stock performance.
| Return On Equity | -0.0182 | ||||
| Return On Asset | 0.0163 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 574.37 M | ||||
| Shares Outstanding | 27.67 M | ||||
| Price To Earning | 42.67 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 975.82 M | ||||
| Gross Profit | 174.93 M | ||||
| EBITDA | 50.59 M | ||||
| Net Income | (5.18 M) | ||||
| Cash And Equivalents | 54.8 M | ||||
| Cash Per Share | 1.51 X | ||||
| Total Debt | 203.01 M | ||||
| Debt To Equity | 0.64 % | ||||
| Current Ratio | 2.19 X | ||||
| Book Value Per Share | 10.44 X | ||||
| Cash Flow From Operations | 4.95 M | ||||
| Earnings Per Share | (0.19) X | ||||
| Market Capitalization | 413.88 M | ||||
| Total Asset | 679.9 M | ||||
| Retained Earnings | 196.51 M | ||||
| Working Capital | 251.15 M | ||||
| Current Asset | 231.91 M | ||||
| Current Liabilities | 108.05 M | ||||
About Stoneridge Performance
To evaluate Stoneridge Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Stoneridge generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Stoneridge Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Stoneridge market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Stoneridge's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 87.75 | 92.14 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Stoneridge performance evaluation
Checking the ongoing alerts about Stoneridge for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Stoneridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Stoneridge generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 975.82 M. Reported Net Loss for the year was (5.18 M) with profit before taxes, overhead, and interest of 174.93 M. | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from investorplace.com: SRI Stock Earnings Stoneridge Misses EPS, Beats Revenue for Q1 2024 |
- Analyzing Stoneridge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Stoneridge's stock is overvalued or undervalued compared to its peers.
- Examining Stoneridge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Stoneridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Stoneridge's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Stoneridge's stock. These opinions can provide insight into Stoneridge's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Stoneridge Stock analysis
When running Stoneridge's price analysis, check to measure Stoneridge'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 Stoneridge is operating at the current time. Most of Stoneridge's value examination focuses on studying past and present price action to predict the probability of Stoneridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stoneridge's price. Additionally, you may evaluate how the addition of Stoneridge to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Stoneridge'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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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 1.948 | Earnings Share (0.19) | Revenue Per Share 35.558 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0163 |
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.