Strong Global Entertainment Stock Market Value
| SGE Stock | 1.96 0.12 5.77% |
| Symbol | Strong |
Strong Global Entert Price To Book Ratio
Is Strong Global'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 Strong Global. If investors know Strong 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 Strong Global 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 (0.96) | Earnings Share 0.42 | Revenue Per Share 6.157 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0147 |
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.
Strong Global '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 Strong Global'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 Strong Global.
| 05/21/2022 |
| 05/10/2024 |
If you would invest 0.00 in Strong Global on May 21, 2022 and sell it all today you would earn a total of 0.00 from holding Strong Global Entertainment or generate 0.0% return on investment in Strong Global over 720 days. Strong Global is related to or competes with Wetouch Technology, 3D Systems, One Stop, Planet Image, Identiv, Key Tronic, and Rigetti Computing. Strong Global is entity of United States More
Strong Global 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 Strong Global'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 Strong Global Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.35 | |||
| Information Ratio | 0.1059 | |||
| Maximum Drawdown | 161.51 | |||
| Value At Risk | (11.19) | |||
| Potential Upside | 20.0 |
Strong Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strong Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strong Global's standard deviation. In reality, there are many statistical measures that can use Strong Global historical prices to predict the future Strong Global's volatility.| Risk Adjusted Performance | 0.0779 | |||
| Jensen Alpha | 2.07 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.2315 | |||
| Treynor Ratio | (2.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Strong Global'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.
Strong Global Entert Backtested Returns
Strong Global is out of control given 3 months investment horizon. Strong Global Entert owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.01% are justified by taking the suggested risk. Use Strong Global Entert Risk Adjusted Performance of 0.0779, semi deviation of 6.93, and Coefficient Of Variation of 904.96 to evaluate company specific risk that cannot be diversified away. Strong Global holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.92, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Strong Global are expected to decrease slowly. On the other hand, during market turmoil, Strong Global is expected to outperform it slightly. Use Strong Global Entert expected short fall, and the relationship between the value at risk and daily balance of power , to analyze future returns on Strong Global Entert.
Auto-correlation | 0.00 |
No correlation between past and present
Strong Global Entertainment has no correlation between past and present. Overlapping area represents the amount of predictability between Strong Global time series from 21st of May 2022 to 16th of May 2023 and 16th of May 2023 to 10th of May 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 Strong Global Entert price movement. The serial correlation of 0.0 indicates that just 0.0% of current Strong Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strong Global Entert lagged returns against current returns
Autocorrelation, which is Strong Global 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 Strong Global's stock expected returns. We can calculate the autocorrelation of Strong Global returns to help us make a trade decision. For example, suppose you find that Strong Global 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 |
Strong Global 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 Strong Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strong Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strong Global stock over time.
Current vs Lagged Prices |
| Timeline |
Strong Global Lagged Returns
When evaluating Strong Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strong Global stock have on its future price. Strong Global 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, Strong Global autocorrelation shows the relationship between Strong Global stock current value and its past values and can show if there is a momentum factor associated with investing in Strong Global Entertainment.
Regressed Prices |
| Timeline |
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 Strong Global 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, Strong Global's short interest history, or implied volatility extrapolated from Strong Global options trading.
Currently Active Assets on Macroaxis
When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global'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 Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:Check out Strong Global Correlation, Strong Global Volatility and Strong Global Alpha and Beta module to complement your research on Strong Global. Note that the Strong Global Entert information on this page should be used as a complementary analysis to other Strong Global'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Strong Stock analysis
When running Strong Global's price analysis, check to measure Strong Global'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 Strong Global is operating at the current time. Most of Strong Global's value examination focuses on studying past and present price action to predict the probability of Strong Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strong Global's price. Additionally, you may evaluate how the addition of Strong Global to your portfolios can decrease your overall portfolio volatility.
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Strong Global 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.