Sirius Xm Holding Stock Market Value
| SIRI Stock | USD 3.16 0.03 0.96% |
| Symbol | Sirius |
Sirius XM Holding Price To Book Ratio
Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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 (0.02) | Dividend Share 0.099 | Earnings Share 0.32 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.002 |
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.
Sirius XM '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 Sirius XM'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 Sirius XM.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Sirius XM on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Sirius XM Holding or generate 0.0% return on investment in Sirius XM over 720 days. Sirius XM is related to or competes with Disney, AMC Entertainment, and Netflix. Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States More
Sirius XM 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 Sirius XM'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 Sirius XM Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.55) | |||
| Maximum Drawdown | 8.31 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 1.29 |
Sirius XM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirius XM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirius XM's standard deviation. In reality, there are many statistical measures that can use Sirius XM historical prices to predict the future Sirius XM's volatility.| Risk Adjusted Performance | (0.30) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (0.73) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sirius XM'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.
Sirius XM Holding Backtested Returns
Sirius XM Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.49, which indicates the firm had a -0.49% return per unit of risk over the last 3 months. Sirius XM Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sirius XM's Variance of 2.64, coefficient of variation of (205.09), and Risk Adjusted Performance of (0.30) to confirm the risk estimate we provide. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Sirius XM returns are very sensitive to returns on the market. As the market goes up or down, Sirius XM is expected to follow. Sirius XM Holding has an expected return of -0.82%. Please make sure to validate Sirius XM maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Sirius XM Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Sirius XM Holding has below average predictability. Overlapping area represents the amount of predictability between Sirius XM time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th of April 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 Sirius XM Holding price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Sirius XM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Sirius XM Holding lagged returns against current returns
Autocorrelation, which is Sirius XM 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 Sirius XM's stock expected returns. We can calculate the autocorrelation of Sirius XM returns to help us make a trade decision. For example, suppose you find that Sirius XM 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 |
Sirius XM 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 Sirius XM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirius XM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirius XM stock over time.
Current vs Lagged Prices |
| Timeline |
Sirius XM Lagged Returns
When evaluating Sirius XM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sirius XM stock have on its future price. Sirius XM 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, Sirius XM autocorrelation shows the relationship between Sirius XM stock current value and its past values and can show if there is a momentum factor associated with investing in Sirius XM Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:Check out Sirius XM Correlation, Sirius XM Volatility and Sirius XM Alpha and Beta module to complement your research on Sirius XM. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Sirius Stock analysis
When running Sirius XM's price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Sirius XM 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.