Sfl Corporation Stock Market Value

SFL Stock  USD 13.18  0.06  0.46%   
SFL's market value is the price at which a share of SFL trades on a public exchange. It measures the collective expectations of SFL Corporation investors about its performance. SFL is selling for 13.18 as of the 29th of March 2024. This is a 0.46 percent increase since the beginning of the trading day. The stock's lowest day price was 13.12.
With this module, you can estimate the performance of a buy and hold strategy of SFL Corporation and determine expected loss or profit from investing in SFL over a given investment horizon. Check out SFL Correlation, SFL Volatility and SFL Alpha and Beta module to complement your research on SFL.
Symbol

SFL Corporation Price To Book Ratio

Is SFL'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 SFL. If investors know SFL 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 SFL 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
(0.39)
Dividend Share
0.99
Earnings Share
0.66
Revenue Per Share
5.896
Quarterly Revenue Growth
0.057
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.

SFL '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 SFL'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 SFL.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in SFL on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding SFL Corporation or generate 0.0% return on investment in SFL over 30 days. SFL is related to or competes with Oceanpal, Safe Bulkers, Safe Bulkers, Safe Bulkers, EuroDry, Eagle Bulk, and Global Ship. SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, ... More

SFL 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 SFL'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 SFL Corporation upside and downside potential and time the market with a certain degree of confidence.

SFL Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SFL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SFL's standard deviation. In reality, there are many statistical measures that can use SFL historical prices to predict the future SFL's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SFL'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.
Hype
Prediction
LowEstimatedHigh
11.8013.1814.56
Details
Intrinsic
Valuation
LowRealHigh
11.8615.0216.40
Details
Naive
Forecast
LowNextHigh
11.8713.2514.63
Details
5 Analysts
Consensus
LowTargetHigh
10.4711.5012.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SFL. Your research has to be compared to or analyzed against SFL's peers to derive any actionable benefits. When done correctly, SFL's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SFL Corporation.

SFL Corporation Backtested Returns

SFL appears to be very steady, given 3 months investment horizon. SFL Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SFL Corporation, which you can use to evaluate the volatility of the company. Please review SFL's coefficient of variation of 626.78, and Risk Adjusted Performance of 0.0946 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SFL holds a performance score of 15. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SFL's returns are expected to increase less than the market. However, during the bear market, the loss of holding SFL is expected to be smaller as well. Please check SFL's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether SFL's existing price patterns will revert.

Auto-correlation

    
  0.80  

Very good predictability

SFL Corporation has very good predictability. Overlapping area represents the amount of predictability between SFL time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 SFL Corporation price movement. The serial correlation of 0.8 indicates that around 80.0% of current SFL price fluctuation can be explain by its past prices.
Correlation Coefficient0.8
Spearman Rank Test0.42
Residual Average0.0
Price Variance0.03

SFL Corporation lagged returns against current returns

Autocorrelation, which is SFL 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 SFL's stock expected returns. We can calculate the autocorrelation of SFL returns to help us make a trade decision. For example, suppose you find that SFL 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  

SFL 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 SFL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SFL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SFL stock over time.
   Current vs Lagged Prices   
       Timeline  

SFL Lagged Returns

When evaluating SFL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SFL stock have on its future price. SFL 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, SFL autocorrelation shows the relationship between SFL stock current value and its past values and can show if there is a momentum factor associated with investing in SFL Corporation.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

When determining whether SFL Corporation is a strong investment it is important to analyze SFL'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 SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out SFL Correlation, SFL Volatility and SFL Alpha and Beta module to complement your research on SFL.
Note that the SFL Corporation information on this page should be used as a complementary analysis to other SFL'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running SFL's price analysis, check to measure SFL'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 SFL is operating at the current time. Most of SFL's value examination focuses on studying past and present price action to predict the probability of SFL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SFL's price. Additionally, you may evaluate how the addition of SFL to your portfolios can decrease your overall portfolio volatility.
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SFL 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.
A focus of SFL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SFL trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...