STERLING FINANCIAL's market value is the price at which a share of STERLING FINANCIAL trades on a public exchange. It measures the collective expectations of STERLING FINANCIAL HOLDINGS investors about its performance. STERLING FINANCIAL is selling at 4.90 as of the 12th of December 2024; that is 2.73 percent increase since the beginning of the trading day. The stock's open price was 4.77. With this module, you can estimate the performance of a buy and hold strategy of STERLING FINANCIAL HOLDINGS and determine expected loss or profit from investing in STERLING FINANCIAL over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Symbol
STERLING
STERLING FINANCIAL '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 STERLING FINANCIAL'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 STERLING FINANCIAL.
0.00
11/12/2024
No Change 0.00
0.0
In 31 days
12/12/2024
0.00
If you would invest 0.00 in STERLING FINANCIAL on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding STERLING FINANCIAL HOLDINGS or generate 0.0% return on investment in STERLING FINANCIAL over 30 days.
STERLING FINANCIAL 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 STERLING FINANCIAL'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 STERLING FINANCIAL HOLDINGS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for STERLING FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STERLING FINANCIAL's standard deviation. In reality, there are many statistical measures that can use STERLING FINANCIAL historical prices to predict the future STERLING FINANCIAL's volatility.
STERLING FINANCIAL appears to be relatively risky, given 3 months investment horizon. STERLING FINANCIAL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for STERLING FINANCIAL HOLDINGS, which you can use to evaluate the volatility of the company. Please review STERLING FINANCIAL's coefficient of variation of 954.33, and Risk Adjusted Performance of 0.084 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, STERLING FINANCIAL holds a performance score of 8. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STERLING FINANCIAL are expected to decrease at a much lower rate. During the bear market, STERLING FINANCIAL is likely to outperform the market. Please check STERLING FINANCIAL's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether STERLING FINANCIAL's existing price patterns will revert.
Auto-correlation
-0.31
Poor reverse predictability
STERLING FINANCIAL HOLDINGS has poor reverse predictability. Overlapping area represents the amount of predictability between STERLING FINANCIAL time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 STERLING FINANCIAL price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current STERLING FINANCIAL price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.31
Spearman Rank Test
0.48
Residual Average
0.0
Price Variance
0.02
STERLING FINANCIAL lagged returns against current returns
Autocorrelation, which is STERLING FINANCIAL 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 STERLING FINANCIAL's stock expected returns. We can calculate the autocorrelation of STERLING FINANCIAL returns to help us make a trade decision. For example, suppose you find that STERLING FINANCIAL 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
STERLING FINANCIAL 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 STERLING FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STERLING FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STERLING FINANCIAL stock over time.
Current vs Lagged Prices
Timeline
STERLING FINANCIAL Lagged Returns
When evaluating STERLING FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STERLING FINANCIAL stock have on its future price. STERLING FINANCIAL 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, STERLING FINANCIAL autocorrelation shows the relationship between STERLING FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in STERLING FINANCIAL HOLDINGS.
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.