Scorpio Tankers Stock Market Value

STNG Stock  USD 48.31  1.08  2.29%   
Scorpio Tankers' market value is the price at which a share of Scorpio Tankers trades on a public exchange. It measures the collective expectations of Scorpio Tankers investors about its performance. Scorpio Tankers is trading at 48.31 as of the 13th of December 2024. This is a 2.29 percent increase since the beginning of the trading day. The stock's lowest day price was 46.97.
With this module, you can estimate the performance of a buy and hold strategy of Scorpio Tankers and determine expected loss or profit from investing in Scorpio Tankers over a given investment horizon. Check out Scorpio Tankers Correlation, Scorpio Tankers Volatility and Scorpio Tankers Alpha and Beta module to complement your research on Scorpio Tankers.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
Symbol

Scorpio Tankers Price To Book Ratio

Is Oil & Gas Storage & Transportation space 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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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
0.637
Dividend Share
1.55
Earnings Share
13.77
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.

Scorpio Tankers '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 Scorpio Tankers' 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 Scorpio Tankers.
0.00
11/19/2023
No Change 0.00  0.0 
In 1 year and 26 days
12/13/2024
0.00
If you would invest  0.00  in Scorpio Tankers on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Scorpio Tankers or generate 0.0% return on investment in Scorpio Tankers over 390 days. Scorpio Tankers is related to or competes with Teekay Tankers, Navigator Holdings, DHT Holdings, Frontline, International Seaways, and Torm PLC. Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum produc... More

Scorpio Tankers 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 Scorpio Tankers' 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 Scorpio Tankers upside and downside potential and time the market with a certain degree of confidence.

Scorpio Tankers Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Scorpio Tankers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scorpio Tankers' standard deviation. In reality, there are many statistical measures that can use Scorpio Tankers historical prices to predict the future Scorpio Tankers' volatility.
Hype
Prediction
LowEstimatedHigh
45.8847.6249.36
Details
Intrinsic
Valuation
LowRealHigh
43.4858.0959.83
Details
11 Analysts
Consensus
LowTargetHigh
65.7672.2680.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.502.703.06
Details

Scorpio Tankers Backtested Returns

Scorpio Tankers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.32, which indicates the firm had a -0.32% return per unit of risk over the last 3 months. Scorpio Tankers exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scorpio Tankers' Variance of 2.99, coefficient of variation of (343.84), and Risk Adjusted Performance of (0.21) to confirm the risk estimate we provide. The entity has a beta of 0.0586, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scorpio Tankers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Scorpio Tankers is expected to be smaller as well. At this point, Scorpio Tankers has a negative expected return of -0.55%. Please make sure to validate Scorpio Tankers' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Scorpio Tankers performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.85  

Excellent reverse predictability

Scorpio Tankers has excellent reverse predictability. Overlapping area represents the amount of predictability between Scorpio Tankers time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 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 Scorpio Tankers price movement. The serial correlation of -0.85 indicates that around 85.0% of current Scorpio Tankers price fluctuation can be explain by its past prices.
Correlation Coefficient-0.85
Spearman Rank Test-0.87
Residual Average0.0
Price Variance88.67

Scorpio Tankers lagged returns against current returns

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

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

Scorpio Tankers Lagged Returns

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

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' 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 Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out Scorpio Tankers Correlation, Scorpio Tankers Volatility and Scorpio Tankers Alpha and Beta module to complement your research on Scorpio Tankers.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Scorpio Tankers 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 Scorpio Tankers technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Scorpio Tankers 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...