Sinclair Broadcast Group Stock Price on December 12, 2024
SBGI Stock | USD 15.02 0.04 0.27% |
If you're considering investing in Sinclair Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinclair Broadcast stands at 15.02, as last reported on the 24th of January, with the highest price reaching 15.15 and the lowest price hitting 14.88 during the day. Sinclair Broadcast owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0554, which indicates the firm had a -0.0554 % return per unit of risk over the last 3 months. Sinclair Broadcast Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinclair Broadcast's Risk Adjusted Performance of (0.04), coefficient of variation of (1,807), and Variance of 6.05 to confirm the risk estimate we provide.
Sinclair Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinclair |
Sharpe Ratio = -0.0554
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Estimated Market Risk
2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sinclair Broadcast 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 Sinclair Broadcast by adding Sinclair Broadcast to a well-diversified portfolio.
Sinclair Broadcast Valuation on December 12, 2024
It is possible to determine the worth of Sinclair Broadcast on a given historical date. On December 12, 2024 Sinclair was worth 17.93 at the beginning of the trading date compared to the closed value of 17.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinclair Broadcast stock. Still, in general, we apply an absolute valuation method to find Sinclair Broadcast's 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 Sinclair Broadcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinclair Broadcast's related companies.
Open | High | Low | Close | Volume | |
18.41 | 18.41 | 17.74 | 17.83 | 275,992 | |
12/12/2024 | 17.93 | 18.36 | 17.35 | 17.36 | 225,792 |
17.31 | 17.36 | 16.96 | 17.22 | 286,176 |
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Sinclair Broadcast Trading Date Momentum on December 12, 2024
On December 13 2024 Sinclair Broadcast Group was traded for 17.22 at the closing time. The top price for the day was 17.36 and the lowest listed price was 16.96 . The trading volume for the day was 286.2 K. The trading history from December 13, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.81% . The trading price change against the current closing price is 7.89% . |
Sinclair Broadcast Fundamentals Correlations and Trends
By evaluating Sinclair Broadcast's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sinclair Broadcast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinclair financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinclair Broadcast Stock history
Sinclair Broadcast 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 Sinclair is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinclair Broadcast 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 Sinclair Broadcast stock prices may prove useful in developing a viable investing in Sinclair Broadcast
Sinclair Broadcast Group, Inc. operates as a media company in the United States. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland. Sinclair Brdcst operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 11500 people.
Sinclair Broadcast Stock Technical Analysis
Sinclair Broadcast 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.
Price Boundaries
Sinclair Broadcast Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Sinclair Broadcast Group 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.
Sinclair Broadcast January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Sinclair Broadcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinclair Broadcast shares will generate the highest return on investment. By undertsting and applying Sinclair Broadcast stock market strength indicators, traders can identify Sinclair Broadcast Group entry and exit signals to maximize returns
Sinclair Broadcast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinclair Broadcast's price direction in advance. Along with the technical and fundamental analysis of Sinclair Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinclair 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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (63.53) |
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Complementary Tools for Sinclair Stock analysis
When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast'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 Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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