Sonic Automotive Stock Market Value
| SAH Stock | USD 73.45 0.12 0.16% |
| Symbol | Sonic |
Sonic Automotive Price To Book Ratio
Is Automotive Retail 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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 0.488 | Dividend Share 1.25 | Earnings Share 6.18 | Revenue Per Share | Quarterly Revenue Growth 0.087 |
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.
Sonic Automotive '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 Sonic Automotive'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 Sonic Automotive.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Sonic Automotive on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Sonic Automotive or generate 0.0% return on investment in Sonic Automotive over 720 days. Sonic Automotive is related to or competes with Lithia Motors, AutoNation, Asbury Automotive, Penske Automotive, and Group 1. Sonic Automotive, Inc. operates as an automotive retailer in the United States More
Sonic Automotive 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 Sonic Automotive'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 Sonic Automotive upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.1119 | |||
| Maximum Drawdown | 9.32 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.99 |
Sonic Automotive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonic Automotive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonic Automotive's standard deviation. In reality, there are many statistical measures that can use Sonic Automotive historical prices to predict the future Sonic Automotive's volatility.| Risk Adjusted Performance | 0.0897 | |||
| Jensen Alpha | 0.2081 | |||
| Total Risk Alpha | 0.2065 | |||
| Sortino Ratio | 0.1315 | |||
| Treynor Ratio | 0.1677 |
Sonic Automotive Backtested Returns
Sonic Automotive appears to be very steady, given 3 months investment horizon. Sonic Automotive owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sonic Automotive, which you can use to evaluate the volatility of the company. Please review Sonic Automotive's Semi Deviation of 1.4, coefficient of variation of 848.29, and Risk Adjusted Performance of 0.0897 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sonic Automotive holds a performance score of 12. The entity has a beta of 1.25, 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, Sonic Automotive will likely underperform. Please check Sonic Automotive's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Sonic Automotive's existing price patterns will revert.
Auto-correlation | 0.30 |
Below average predictability
Sonic Automotive has below average predictability. Overlapping area represents the amount of predictability between Sonic Automotive time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sonic Automotive price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Sonic Automotive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 42.49 |
Sonic Automotive lagged returns against current returns
Autocorrelation, which is Sonic Automotive 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 Sonic Automotive's stock expected returns. We can calculate the autocorrelation of Sonic Automotive returns to help us make a trade decision. For example, suppose you find that Sonic Automotive 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 |
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Sonic Automotive 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 Sonic Automotive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonic Automotive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonic Automotive stock over time.
Current vs Lagged Prices |
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Sonic Automotive Lagged Returns
When evaluating Sonic Automotive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonic Automotive stock have on its future price. Sonic Automotive 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, Sonic Automotive autocorrelation shows the relationship between Sonic Automotive stock current value and its past values and can show if there is a momentum factor associated with investing in Sonic Automotive.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:Check out Sonic Automotive Correlation, Sonic Automotive Volatility and Sonic Automotive Alpha and Beta module to complement your research on Sonic Automotive. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Sonic Automotive 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.