Silgan Holdings Stock Market Value
| SLGN Stock | USD 46.66 0.63 1.33% |
| Symbol | Silgan |
Silgan Holdings Price To Book Ratio
Is Silgan Holdings' 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 Silgan Holdings. If investors know Silgan 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 Silgan Holdings 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 1.731 | Dividend Share 0.72 | Earnings Share 2.98 | Revenue Per Share 55.028 | Quarterly Revenue Growth (0.08) |
The market value of Silgan Holdings is measured differently than its book value, which is the value of Silgan that is recorded on the company's balance sheet. Investors also form their own opinion of Silgan Holdings' value that differs from its market value or its book value, called intrinsic value, which is Silgan Holdings' 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 Silgan Holdings' market value can be influenced by many factors that don't directly affect Silgan Holdings' 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 Silgan Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silgan Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silgan Holdings' 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.
Silgan Holdings '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 Silgan Holdings' 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 Silgan Holdings.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in Silgan Holdings on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding Silgan Holdings or generate 0.0% return on investment in Silgan Holdings over 30 days. Silgan Holdings is related to or competes with Avery Dennison, Packaging Corp, Sealed Air, Sonoco Products, and Reynolds Consumer. Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products... More
Silgan Holdings 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 Silgan Holdings' 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 Silgan Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0388 | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.18 |
Silgan Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Silgan Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Silgan Holdings' standard deviation. In reality, there are many statistical measures that can use Silgan Holdings historical prices to predict the future Silgan Holdings' volatility.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0445 | |||
| Treynor Ratio | 0.1708 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Silgan Holdings' 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.
Silgan Holdings Backtested Returns
We consider Silgan Holdings very steady. Silgan Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0201, which indicates the firm had a 0.0201% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Silgan Holdings, which you can use to evaluate the volatility of the company. Please validate Silgan Holdings' Semi Deviation of 1.07, risk adjusted performance of 0.0586, and Coefficient Of Variation of 1199.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0241%. Silgan Holdings has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Silgan Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Silgan Holdings is expected to be smaller as well. Silgan Holdings right now has a risk of 1.2%. Please validate Silgan Holdings expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Silgan Holdings will be following its existing price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Silgan Holdings has very weak predictability. Overlapping area represents the amount of predictability between Silgan Holdings time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st 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 Silgan Holdings price movement. The serial correlation of 0.18 indicates that over 18.0% of current Silgan Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Silgan Holdings lagged returns against current returns
Autocorrelation, which is Silgan Holdings 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 Silgan Holdings' stock expected returns. We can calculate the autocorrelation of Silgan Holdings returns to help us make a trade decision. For example, suppose you find that Silgan Holdings 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 |
Silgan Holdings 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 Silgan Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Silgan Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Silgan Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Silgan Holdings Lagged Returns
When evaluating Silgan Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Silgan Holdings stock have on its future price. Silgan Holdings 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, Silgan Holdings autocorrelation shows the relationship between Silgan Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Silgan Holdings.
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 Silgan Holdings 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, Silgan Holdings' short interest history, or implied volatility extrapolated from Silgan Holdings options trading.
Currently Active Assets on Macroaxis
When determining whether Silgan Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Silgan Holdings' 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 Silgan Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Silgan Holdings Stock:Check out Silgan Holdings Correlation, Silgan Holdings Volatility and Silgan Holdings Alpha and Beta module to complement your research on Silgan Holdings. To learn how to invest in Silgan Stock, please use our How to Invest in Silgan Holdings guide.Note that the Silgan Holdings information on this page should be used as a complementary analysis to other Silgan Holdings' 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Silgan Stock analysis
When running Silgan Holdings' price analysis, check to measure Silgan Holdings' 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 Silgan Holdings is operating at the current time. Most of Silgan Holdings' value examination focuses on studying past and present price action to predict the probability of Silgan Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silgan Holdings' price. Additionally, you may evaluate how the addition of Silgan Holdings to your portfolios can decrease your overall portfolio volatility.
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Silgan Holdings 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.