Sba Communications Corp Stock Price on November 1, 2024

SBAC Stock  USD 228.51  1.92  0.85%   
Below is the normalized historical share price chart for SBA Communications Corp extending back to June 16, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of SBA Communications stands at 228.51, as last reported on the 29th of November, with the highest price reaching 229.68 and the lowest price hitting 227.80 during the day.
IPO Date
16th of June 1999
200 Day MA
215.0808
50 Day MA
233.2344
Beta
0.672
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SBA Stock, it is important to understand the factors that can impact its price. At this point, SBA Communications is very steady. SBA Communications Corp retains Efficiency (Sharpe Ratio) of 2.0E-4, which indicates the company had a 2.0E-4% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SBA Communications, which you can use to evaluate the volatility of the entity. Please validate SBA Communications' Standard Deviation of 1.34, market risk adjusted performance of 2.0E-4, and Semi Deviation of 1.42 to confirm if the risk estimate we provide is consistent with the expected return of 2.0E-4%.
  
At present, SBA Communications' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.03, whereas Total Stockholder Equity is projected to grow to (4.9 B). . At present, SBA Communications' Price To Operating Cash Flows Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 23.39, whereas Price To Sales Ratio is forecasted to decline to 6.18. SBA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 2.0E-4

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Estimated Market Risk

 1.35
  actual daily
12
88% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average SBA Communications is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SBA Communications by adding SBA Communications to a well-diversified portfolio.
Enterprise Value Ebitda
25.1194
Price Sales
9.2335
Shares Float
106.5 M
Dividend Share
3.79
Wall Street Target Price
260.625

SBA Communications Main Headline on 1st of November 2024

The pilot of a helicopter that crashed in Houston last month was in contact with air traffic control moments before the accident.

SBA Communications Valuation on November 1, 2024

It is possible to determine the worth of SBA Communications on a given historical date. On November 1, 2024 SBA was worth 227.64 at the beginning of the trading date compared to the closed value of 224.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SBA Communications stock. Still, in general, we apply an absolute valuation method to find SBA Communications' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SBA Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SBA Communications' related companies.
 Open High Low Close Volume
  228.22    232.16    227.51    228.44    803,517  
11/01/2024
  227.64    230.33    224.20    224.58    720,215  
  227.41    229.06    224.96    227.74    785,363  
Backtest SBA Communications  |  SBA Communications History  |  SBA Communications Valuation   PreviousNext  
Open Value
227.64
223.59
Downside
224.58
Closing Value
231.69
Upside

SBA Communications Trading Date Momentum on November 1, 2024

On November 04 2024 SBA Communications Corp was traded for  227.74  at the closing time. The top price for the day was 229.06  and the lowest listed price was  224.96 . The trading volume for the day was 785.4 K. The trading history from November 4, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.41% . The trading price change against the current closing price is 1.31% .

SBA Communications Corp Fundamentals Correlations and Trends

By evaluating SBA Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SBA Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SBA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SBA Communications Stock history

SBA Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SBA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SBA Communications Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SBA Communications stock prices may prove useful in developing a viable investing in SBA Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding108.9 M102.9 M
Net Income Applicable To Common Shares530.6 M557.2 M

SBA Communications Stock Technical Analysis

SBA Communications 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 SBA Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SBA Communications 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...

Price Boundaries

SBA Communications Period Price Range

Low
November 29, 2024
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SBA Communications Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

SBA Communications November 29, 2024 Market Strength

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

SBA Communications Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SBA Communications' price direction in advance. Along with the technical and fundamental analysis of SBA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SBA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for SBA Stock analysis

When running SBA Communications' price analysis, check to measure SBA Communications' 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 SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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