Slm Corp Stock Market Value
| SLM Stock | USD 27.20 0.22 0.80% |
| Symbol | SLM |
SLM Corp Price To Book Ratio
Is Consumer Finance 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 SLM Corp. If investors know SLM 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 SLM Corp 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 0.009 | Dividend Share 0.44 | Earnings Share 2.9 | Revenue Per Share 7.232 | Quarterly Revenue Growth (0.47) |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp'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 SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp'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 SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp'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.
SLM Corp '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 SLM Corp'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 SLM Corp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in SLM Corp on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding SLM Corp or generate 0.0% return on investment in SLM Corp over 30 days. SLM Corp is related to or competes with Orix Corp, FirstCash, Medallion Financial, Oportun Financial, EZCORP, Navient Corp, and Enova International. SLM Corporation, through its subsidiaries, originates and services private education loans to students and their familie... More
SLM Corp 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 SLM Corp'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 SLM Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1165 | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.71 |
SLM Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SLM Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SLM Corp's standard deviation. In reality, there are many statistical measures that can use SLM Corp historical prices to predict the future SLM Corp's volatility.| Risk Adjusted Performance | 0.1342 | |||
| Jensen Alpha | 0.1639 | |||
| Total Risk Alpha | 0.0291 | |||
| Sortino Ratio | 0.1633 | |||
| Treynor Ratio | 0.1921 |
SLM Corp Backtested Returns
SLM Corp appears to be very steady, given 3 months investment horizon. SLM Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for SLM Corp, which you can use to evaluate the volatility of the company. Please review SLM Corp's risk adjusted performance of 0.1342, and Coefficient Of Variation of 602.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SLM Corp holds a performance score of 12. The entity has a beta of 2.14, 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, SLM Corp will likely underperform. Please check SLM Corp's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether SLM Corp's existing price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
SLM Corp has good predictability. Overlapping area represents the amount of predictability between SLM Corp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 SLM Corp price movement. The serial correlation of 0.74 indicates that around 74.0% of current SLM Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
SLM Corp lagged returns against current returns
Autocorrelation, which is SLM Corp 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 SLM Corp's stock expected returns. We can calculate the autocorrelation of SLM Corp returns to help us make a trade decision. For example, suppose you find that SLM Corp 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 |
SLM Corp 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 SLM Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SLM Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SLM Corp stock over time.
Current vs Lagged Prices |
| Timeline |
SLM Corp Lagged Returns
When evaluating SLM Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SLM Corp stock have on its future price. SLM Corp 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, SLM Corp autocorrelation shows the relationship between SLM Corp stock current value and its past values and can show if there is a momentum factor associated with investing in SLM Corp.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out SLM Corp Correlation, SLM Corp Volatility and SLM Corp Alpha and Beta module to complement your research on SLM Corp. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
SLM Corp 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.