Si Bone Stock Market Value
| SIBN Stock | USD 16.39 0.01 0.06% |
| Symbol | SIBN |
Si Bone Price To Book Ratio
Is Health Care Equipment & Supplies 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 Si Bone. If investors know SIBN 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 Si Bone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.91) | Revenue Per Share | Quarterly Revenue Growth 0.186 | Return On Assets | Return On Equity |
The market value of Si Bone is measured differently than its book value, which is the value of SIBN that is recorded on the company's balance sheet. Investors also form their own opinion of Si Bone's value that differs from its market value or its book value, called intrinsic value, which is Si Bone'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 Si Bone's market value can be influenced by many factors that don't directly affect Si Bone'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 Si Bone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Si Bone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Si Bone'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.
Si Bone '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 Si Bone'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 Si Bone.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Si Bone on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Si Bone or generate 0.0% return on investment in Si Bone over 720 days. Si Bone is related to or competes with CONMED, Orthopediatrics Corp, Pulmonx Corp, Iradimed, Orthofix Medical, Neuropace, and Integer Holdings. SI-BONE, Inc., a medical device company, develops implantable devices used to solve musculoskeletal disorders of the sac... More
Si Bone 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 Si Bone'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 Si Bone upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.69 | |||
| Information Ratio | 0.0424 | |||
| Maximum Drawdown | 22.82 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 4.9 |
Si Bone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Si Bone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Si Bone's standard deviation. In reality, there are many statistical measures that can use Si Bone historical prices to predict the future Si Bone's volatility.| Risk Adjusted Performance | 0.0402 | |||
| Jensen Alpha | 0.1693 | |||
| Total Risk Alpha | 0.1644 | |||
| Sortino Ratio | 0.046 | |||
| Treynor Ratio | 0.1442 |
Si Bone Backtested Returns
Si Bone appears to be not too volatile, given 3 months investment horizon. Si Bone retains Efficiency (Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of price deviation over the last 3 months. By evaluating Si Bone's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Si Bone's Risk Adjusted Performance of 0.0402, mean deviation of 2.66, and Downside Deviation of 3.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Si Bone holds a performance score of 12. The entity owns a Beta (Systematic Risk) of 1.18, 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, Si Bone will likely underperform. Please check Si Bone's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Si Bone's current price history will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Si Bone has insignificant reverse predictability. Overlapping area represents the amount of predictability between Si Bone 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 Si Bone price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Si Bone price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
Si Bone lagged returns against current returns
Autocorrelation, which is Si Bone 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 Si Bone's stock expected returns. We can calculate the autocorrelation of Si Bone returns to help us make a trade decision. For example, suppose you find that Si Bone 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 |
Si Bone 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 Si Bone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Si Bone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Si Bone stock over time.
Current vs Lagged Prices |
| Timeline |
Si Bone Lagged Returns
When evaluating Si Bone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Si Bone stock have on its future price. Si Bone 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, Si Bone autocorrelation shows the relationship between Si Bone stock current value and its past values and can show if there is a momentum factor associated with investing in Si Bone.
Regressed Prices |
| Timeline |
When determining whether Si Bone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Si Bone'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 Si Bone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Si Bone Stock:
Check out Si Bone Correlation, Si Bone Volatility and Si Bone Alpha and Beta module to complement your research on Si Bone. To learn how to invest in SIBN Stock, please use our How to Invest in Si Bone guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Si Bone 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.