Us Silica Holdings Stock Market Value
| SLCA Stock | USD 15.48 0.05 0.32% |
| Symbol | SLCA |
Is US Silica'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 US Silica. If investors know SLCA 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 US Silica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of US Silica Holdings is measured differently than its book value, which is the value of SLCA that is recorded on the company's balance sheet. Investors also form their own opinion of US Silica's value that differs from its market value or its book value, called intrinsic value, which is US Silica'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 US Silica's market value can be influenced by many factors that don't directly affect US Silica'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 US Silica's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Silica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Silica'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.
US Silica '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 US Silica'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 US Silica.
| 02/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in US Silica on February 22, 2024 and sell it all today you would earn a total of 0.00 from holding US Silica Holdings or generate 0.0% return on investment in US Silica over 90 days. US Silica is related to or competes with Solaris Oilfield, Newpark Resources, North American, ProPetro Holding, Ranger Energy, Cactus, and ChampionX. Silica Holdings, Inc. produces and sells commercial silica in the United States More
US Silica 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 US Silica'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 US Silica Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 23.75 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.45 |
US Silica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for US Silica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as US Silica's standard deviation. In reality, there are many statistical measures that can use US Silica historical prices to predict the future US Silica's volatility.| Risk Adjusted Performance | 0.1187 | |||
| Jensen Alpha | 0.595 | |||
| Total Risk Alpha | 0.2404 | |||
| Sortino Ratio | 0.3606 | |||
| Treynor Ratio | 0.9129 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of US Silica'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.
US Silica Holdings Backtested Returns
US Silica appears to be not too volatile, given 3 months investment horizon. US Silica Holdings retains Efficiency (Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of price deviation over the last 3 months. By analyzing US Silica's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review US Silica's Mean Deviation of 1.76, downside deviation of 1.59, and Risk Adjusted Performance of 0.1187 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, US Silica holds a performance score of 14. The entity owns a Beta (Systematic Risk) of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, US Silica's returns are expected to increase less than the market. However, during the bear market, the loss of holding US Silica is expected to be smaller as well. Please check US Silica's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether US Silica's current price history will revert.
Auto-correlation | 0.80 |
Very good predictability
US Silica Holdings has very good predictability. Overlapping area represents the amount of predictability between US Silica time series from 22nd of February 2024 to 7th of April 2024 and 7th of April 2024 to 22nd 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 US Silica Holdings price movement. The serial correlation of 0.8 indicates that around 80.0% of current US Silica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 1.66 |
US Silica Holdings lagged returns against current returns
Autocorrelation, which is US Silica 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 US Silica's stock expected returns. We can calculate the autocorrelation of US Silica returns to help us make a trade decision. For example, suppose you find that US Silica 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 |
US Silica 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 US Silica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if US Silica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in US Silica stock over time.
Current vs Lagged Prices |
| Timeline |
US Silica Lagged Returns
When evaluating US Silica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of US Silica stock have on its future price. US Silica 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, US Silica autocorrelation shows the relationship between US Silica stock current value and its past values and can show if there is a momentum factor associated with investing in US Silica Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether US Silica Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Silica'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 Us Silica Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Silica Holdings Stock:Check out US Silica Correlation, US Silica Volatility and US Silica Alpha and Beta module to complement your research on US Silica. Note that the US Silica Holdings information on this page should be used as a complementary analysis to other US Silica'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for SLCA Stock analysis
When running US Silica's price analysis, check to measure US Silica'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 US Silica is operating at the current time. Most of US Silica's value examination focuses on studying past and present price action to predict the probability of US Silica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Silica's price. Additionally, you may evaluate how the addition of US Silica to your portfolios can decrease your overall portfolio volatility.
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US Silica 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.