Sterling Construction Stock Market Value
| STRL Stock | USD 132.40 0.00 0.00% |
| Symbol | Sterling |
Sterling Construction Price To Book Ratio
Is Construction & Engineering 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 Sterling Construction. If investors know Sterling 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 Sterling Construction 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 0.563 | Earnings Share 5.91 | Revenue Per Share | Quarterly Revenue Growth 0.06 | Return On Assets |
The market value of Sterling Construction is measured differently than its book value, which is the value of Sterling that is recorded on the company's balance sheet. Investors also form their own opinion of Sterling Construction's value that differs from its market value or its book value, called intrinsic value, which is Sterling Construction'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 Sterling Construction's market value can be influenced by many factors that don't directly affect Sterling Construction'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 Sterling Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sterling Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Construction'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.
Sterling Construction '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 Construction'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 Construction.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Sterling Construction on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Sterling Construction or generate 0.0% return on investment in Sterling Construction over 720 days. Sterling Construction is related to or competes with EMCOR, Comfort Systems, Primoris Services, Granite Construction, Construction Partners, MYR, and Tutor Perini. Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the S... More
Sterling Construction 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 Construction'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 Construction upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 31.34 | |||
| Value At Risk | (5.93) | |||
| Potential Upside | 4.54 |
Sterling Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sterling Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sterling Construction's standard deviation. In reality, there are many statistical measures that can use Sterling Construction historical prices to predict the future Sterling Construction's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.50) |
Sterling Construction Backtested Returns
Sterling Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Sterling Construction exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sterling Construction's Variance of 17.05, coefficient of variation of (855.97), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.99, which indicates possible diversification benefits within a given portfolio. Sterling Construction returns are very sensitive to returns on the market. As the market goes up or down, Sterling Construction is expected to follow. At this point, Sterling Construction has a negative expected return of -0.52%. Please make sure to validate Sterling Construction's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Sterling Construction performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Sterling Construction has modest predictability. Overlapping area represents the amount of predictability between Sterling Construction 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 Sterling Construction price movement. The serial correlation of 0.55 indicates that about 55.0% of current Sterling Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 893.54 |
Sterling Construction lagged returns against current returns
Autocorrelation, which is Sterling Construction 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 Construction's stock expected returns. We can calculate the autocorrelation of Sterling Construction returns to help us make a trade decision. For example, suppose you find that Sterling Construction 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 Construction 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 Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sterling Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sterling Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Sterling Construction Lagged Returns
When evaluating Sterling Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sterling Construction stock have on its future price. Sterling Construction 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 Construction autocorrelation shows the relationship between Sterling Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Sterling Construction.
Regressed Prices |
| Timeline |
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Sterling Construction 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.