Sg Blocks Stock Market Value
| SGBX Stock | USD 0.48 0.10 26.32% |
| Symbol | SGBX |
SG Blocks Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 SG Blocks. If investors know SGBX 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 SG Blocks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (28.51) | Revenue Per Share 8.145 | Quarterly Revenue Growth (0.75) | Return On Assets (0.43) | Return On Equity (12.12) |
The market value of SG Blocks is measured differently than its book value, which is the value of SGBX that is recorded on the company's balance sheet. Investors also form their own opinion of SG Blocks' value that differs from its market value or its book value, called intrinsic value, which is SG Blocks' 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 SG Blocks' market value can be influenced by many factors that don't directly affect SG Blocks' 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 SG Blocks' value and its price as these two are different measures arrived at by different means. Investors typically determine if SG Blocks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SG Blocks' 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.
SG Blocks '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 SG Blocks' 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 SG Blocks.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in SG Blocks on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding SG Blocks or generate 0.0% return on investment in SG Blocks over 180 days. SG Blocks is related to or competes with Insteel Industries, Carpenter Technology, Mueller Industries, Northwest Pipe, ESAB Corp, Mayville Engineering, and Ryerson Holding. SG Blocks, Inc. designs and modifies code-engineered cargo shipping containers and purpose-built modules for commercial,... More
SG Blocks 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 SG Blocks' 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 SG Blocks upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 36.83 | |||
| Value At Risk | (13.18) | |||
| Potential Upside | 13.93 |
SG Blocks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SG Blocks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SG Blocks' standard deviation. In reality, there are many statistical measures that can use SG Blocks historical prices to predict the future SG Blocks' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.66) | |||
| Total Risk Alpha | (2.71) | |||
| Treynor Ratio | (1.58) |
SG Blocks Backtested Returns
SG Blocks retains Efficiency (Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of price deviation over the last 3 months. SG Blocks exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SG Blocks' Standard Deviation of 7.75, risk adjusted performance of (0.14), and Mean Deviation of 5.67 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.98, which indicates possible diversification benefits within a given portfolio. SG Blocks returns are very sensitive to returns on the market. As the market goes up or down, SG Blocks is expected to follow. At this point, SG Blocks has a negative expected return of -1.55%. Please make sure to validate SG Blocks' jensen alpha and the relationship between the potential upside and relative strength index , to decide if SG Blocks performance from the past will be repeated sooner or later.
Auto-correlation | 0.66 |
Good predictability
SG Blocks has good predictability. Overlapping area represents the amount of predictability between SG Blocks time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th of November 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 SG Blocks price movement. The serial correlation of 0.66 indicates that around 66.0% of current SG Blocks price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
SG Blocks lagged returns against current returns
Autocorrelation, which is SG Blocks 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 SG Blocks' stock expected returns. We can calculate the autocorrelation of SG Blocks returns to help us make a trade decision. For example, suppose you find that SG Blocks 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 |
SG Blocks 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 SG Blocks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SG Blocks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SG Blocks stock over time.
Current vs Lagged Prices |
| Timeline |
SG Blocks Lagged Returns
When evaluating SG Blocks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SG Blocks stock have on its future price. SG Blocks 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, SG Blocks autocorrelation shows the relationship between SG Blocks stock current value and its past values and can show if there is a momentum factor associated with investing in SG Blocks.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SGBX Stock Analysis
When running SG Blocks' price analysis, check to measure SG Blocks' 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 SG Blocks is operating at the current time. Most of SG Blocks' value examination focuses on studying past and present price action to predict the probability of SG Blocks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SG Blocks' price. Additionally, you may evaluate how the addition of SG Blocks to your portfolios can decrease your overall portfolio volatility.