Stonex Group Stock Market Value
| SNEX Stock | USD 104.76 1.00 0.96% |
| Symbol | Stonex |
Stonex Group Price To Book Ratio
Is Investment Banking & Brokerage 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 Stonex. If investors know Stonex 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 Stonex 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 (0.13) | Earnings Share 11.94 | Revenue Per Share 2.8 K | Quarterly Revenue Growth 0.805 | Return On Assets 0.0098 |
The market value of Stonex Group is measured differently than its book value, which is the value of Stonex that is recorded on the company's balance sheet. Investors also form their own opinion of Stonex's value that differs from its market value or its book value, called intrinsic value, which is Stonex'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 Stonex's market value can be influenced by many factors that don't directly affect Stonex'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 Stonex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stonex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stonex'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.
Stonex '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 Stonex's 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 Stonex.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Stonex on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Stonex Group or generate 0.0% return on investment in Stonex over 60 days. Stonex is related to or competes with PJT Partners, Houlihan Lokey, Stifel Financial, Evercore Partners, Oppenheimer Holdings, Nomura Holdings, and Scully Royalty. StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and i... More
Stonex 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 Stonex's 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 Stonex Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1519 | |||
| Maximum Drawdown | 7.56 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.85 |
Stonex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stonex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stonex's standard deviation. In reality, there are many statistical measures that can use Stonex historical prices to predict the future Stonex's volatility.| Risk Adjusted Performance | 0.1748 | |||
| Jensen Alpha | 0.2279 | |||
| Total Risk Alpha | 0.1184 | |||
| Sortino Ratio | 0.192 | |||
| Treynor Ratio | 0.2786 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stonex's 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.
Stonex Group Backtested Returns
Stonex appears to be very steady, given 3 months investment horizon. Stonex Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. We have found thirty technical indicators for Stonex Group, which you can use to evaluate the volatility of the company. Please review Stonex's Coefficient Of Variation of 451.9, risk adjusted performance of 0.1748, and Semi Deviation of 1.08 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Stonex holds a performance score of 20. The entity has a beta of 1.39, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Stonex will likely underperform. Please check Stonex's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Stonex's existing price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Stonex Group has good predictability. Overlapping area represents the amount of predictability between Stonex time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Stonex Group price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Stonex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 15.88 |
Stonex Group lagged returns against current returns
Autocorrelation, which is Stonex 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 Stonex's stock expected returns. We can calculate the autocorrelation of Stonex returns to help us make a trade decision. For example, suppose you find that Stonex 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 |
Stonex 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 Stonex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stonex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stonex stock over time.
Current vs Lagged Prices |
| Timeline |
Stonex Lagged Returns
When evaluating Stonex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stonex stock have on its future price. Stonex 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, Stonex autocorrelation shows the relationship between Stonex stock current value and its past values and can show if there is a momentum factor associated with investing in Stonex Group.
Regressed Prices |
| Timeline |
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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 Stonex Stock Analysis
When running Stonex's price analysis, check to measure Stonex's 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 Stonex is operating at the current time. Most of Stonex's value examination focuses on studying past and present price action to predict the probability of Stonex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stonex's price. Additionally, you may evaluate how the addition of Stonex to your portfolios can decrease your overall portfolio volatility.