Sinclair Broadcast Stock Forecast - Daily Balance Of Power

SBGI Stock  USD 16.08  0.05  0.31%   
Sinclair Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Sinclair Broadcast's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Sinclair Broadcast's current Payables Turnover is estimated to increase to 22.52, while Inventory Turnover is projected to decrease to 26.06. . The Sinclair Broadcast's current Common Stock Shares Outstanding is estimated to increase to about 92.6 M. The Sinclair Broadcast's current Net Income Applicable To Common Shares is estimated to increase to about 3.2 B.
On September 12, 2024 Sinclair Broadcast Group had Daily Balance Of Power of 0.2923. Balance of Power indicator (or BOP) measures the strength of Sinclair Broadcast Group market sensitivity to bulls and bears. It estimates the ability of Sinclair Broadcast buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sinclair Broadcast Balance of Power indicator one can determine a trend of the price direction.
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Sinclair Broadcast Trading Date Momentum

On September 13 2024 Sinclair Broadcast Group was traded for  13.61  at the closing time. The top price for the day was 13.72  and the lowest listed price was  12.83 . The trading volume for the day was 533.1 K. The trading history from September 13, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 6.16% . The trading price change against the current closing price is 7.96% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Sinclair Broadcast

For every potential investor in Sinclair, whether a beginner or expert, Sinclair Broadcast's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sinclair Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sinclair. Basic forecasting techniques help filter out the noise by identifying Sinclair Broadcast's price trends.

Sinclair Broadcast Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sinclair Broadcast stock to make a market-neutral strategy. Peer analysis of Sinclair Broadcast could also be used in its relative valuation, which is a method of valuing Sinclair Broadcast by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Sinclair Broadcast Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sinclair Broadcast's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sinclair Broadcast's current price.

Sinclair Broadcast Market Strength Events

Market strength indicators help investors to evaluate how Sinclair Broadcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinclair Broadcast shares will generate the highest return on investment. By undertsting and applying Sinclair Broadcast stock market strength indicators, traders can identify Sinclair Broadcast Group entry and exit signals to maximize returns.

Sinclair Broadcast Risk Indicators

The analysis of Sinclair Broadcast's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sinclair Broadcast's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sinclair stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast'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 Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:
Check out Historical Fundamental Analysis of Sinclair Broadcast to cross-verify your projections.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Broadcasting 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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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
(0.87)
Dividend Share
1
Earnings Share
(3.16)
Revenue Per Share
51.806
Quarterly Revenue Growth
0.196
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.