Sunlink Health Systems Stock Market Value
| SSY Stock | USD 0.77 0.06 7.23% |
| Symbol | SunLink |
SunLink Health Systems Price To Book Ratio
Is Health Care Providers & Services 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 SunLink Health. If investors know SunLink 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 SunLink Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 4.518 | Quarterly Revenue Growth (0.07) | Return On Assets (0.1) | Return On Equity (0.15) |
The market value of SunLink Health Systems is measured differently than its book value, which is the value of SunLink that is recorded on the company's balance sheet. Investors also form their own opinion of SunLink Health's value that differs from its market value or its book value, called intrinsic value, which is SunLink Health'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 SunLink Health's market value can be influenced by many factors that don't directly affect SunLink Health'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 SunLink Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunLink Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunLink Health'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.
SunLink Health '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 SunLink Health'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 SunLink Health.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in SunLink Health on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding SunLink Health Systems or generate 0.0% return on investment in SunLink Health over 180 days. SunLink Health is related to or competes with Leafly Holdings, China Jo, and PetMed Express. SunLink Health Systems, Inc., through its subsidiaries, provides healthcare products and services in the southeastern Un... More
SunLink Health 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 SunLink Health'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 SunLink Health Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.22 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.59 | |||
| Value At Risk | (8.05) | |||
| Potential Upside | 7.59 |
SunLink Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunLink Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunLink Health's standard deviation. In reality, there are many statistical measures that can use SunLink Health historical prices to predict the future SunLink Health's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | 0.0125 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1994 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunLink Health'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.
SunLink Health Systems Backtested Returns
At this stage we consider SunLink Stock to be abnormally volatile. SunLink Health Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0171, which indicates the firm had a 0.0171% return per unit of risk over the last 3 months. We have found thirty technical indicators for SunLink Health Systems, which you can use to evaluate the volatility of the company. Please validate SunLink Health's Risk Adjusted Performance of 0.0145, semi deviation of 3.65, and Coefficient Of Variation of 12215.35 to confirm if the risk estimate we provide is consistent with the expected return of 0.0764%. SunLink Health has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SunLink Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding SunLink Health is expected to be smaller as well. SunLink Health Systems right now has a risk of 4.46%. Please validate SunLink Health expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if SunLink Health will be following its existing price patterns.
Auto-correlation | 0.38 |
Below average predictability
SunLink Health Systems has below average predictability. Overlapping area represents the amount of predictability between SunLink Health time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 SunLink Health Systems price movement. The serial correlation of 0.38 indicates that just about 38.0% of current SunLink Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SunLink Health Systems lagged returns against current returns
Autocorrelation, which is SunLink Health 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 SunLink Health's stock expected returns. We can calculate the autocorrelation of SunLink Health returns to help us make a trade decision. For example, suppose you find that SunLink Health 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 |
SunLink Health 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 SunLink Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunLink Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunLink Health stock over time.
Current vs Lagged Prices |
| Timeline |
SunLink Health Lagged Returns
When evaluating SunLink Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunLink Health stock have on its future price. SunLink Health 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, SunLink Health autocorrelation shows the relationship between SunLink Health stock current value and its past values and can show if there is a momentum factor associated with investing in SunLink Health Systems.
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 SunLink Stock Analysis
When running SunLink Health's price analysis, check to measure SunLink Health'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 SunLink Health is operating at the current time. Most of SunLink Health's value examination focuses on studying past and present price action to predict the probability of SunLink Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunLink Health's price. Additionally, you may evaluate how the addition of SunLink Health to your portfolios can decrease your overall portfolio volatility.