Sypris Solutions Stock Market Value
| SYPR Stock | USD 1.56 0.05 3.31% |
| Symbol | Sypris |
Sypris Solutions Price To Book Ratio
Is Automotive Parts & Equipment 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 Sypris Solutions. If investors know Sypris 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 Sypris Solutions 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 (0.93) | Earnings Share (0.13) | Revenue Per Share 6.35 | Quarterly Revenue Growth (0) | Return On Assets (0.01) |
The market value of Sypris Solutions is measured differently than its book value, which is the value of Sypris that is recorded on the company's balance sheet. Investors also form their own opinion of Sypris Solutions' value that differs from its market value or its book value, called intrinsic value, which is Sypris Solutions' 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 Sypris Solutions' market value can be influenced by many factors that don't directly affect Sypris Solutions' 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 Sypris Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sypris Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sypris Solutions' 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.
Sypris Solutions '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 Sypris Solutions' 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 Sypris Solutions.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sypris Solutions on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sypris Solutions or generate 0.0% return on investment in Sypris Solutions over 90 days. Sypris Solutions is related to or competes with Monro Muffler, Magna International, BorgWarner, Mobileye Global, Quantumscape Corp, Standard, and Motorcar Parts. Sypris Solutions, Inc. provides truck components, oil and gas pipeline components, and aerospace and defense electronics... More
Sypris Solutions 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 Sypris Solutions' 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 Sypris Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 3.31 |
Sypris Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sypris Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sypris Solutions' standard deviation. In reality, there are many statistical measures that can use Sypris Solutions historical prices to predict the future Sypris Solutions' volatility.| Risk Adjusted Performance | (0.0004) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.06) |
Sypris Solutions Backtested Returns
Currently, Sypris Solutions is risky. Sypris Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0526, which indicates the firm had a 0.0526% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Sypris Solutions, which you can use to evaluate the volatility of the company. Please validate Sypris Solutions' Variance of 5.34, risk adjusted performance of (0.0004), and Coefficient Of Variation of (10,755) to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Sypris Solutions has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sypris Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sypris Solutions is expected to be smaller as well. Sypris Solutions right now has a risk of 2.24%. Please validate Sypris Solutions treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Sypris Solutions will be following its existing price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Sypris Solutions has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sypris Solutions time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Sypris Solutions price movement. The serial correlation of -0.77 indicates that around 77.0% of current Sypris Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sypris Solutions lagged returns against current returns
Autocorrelation, which is Sypris Solutions 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 Sypris Solutions' stock expected returns. We can calculate the autocorrelation of Sypris Solutions returns to help us make a trade decision. For example, suppose you find that Sypris Solutions 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 |
Sypris Solutions 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 Sypris Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sypris Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sypris Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
Sypris Solutions Lagged Returns
When evaluating Sypris Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sypris Solutions stock have on its future price. Sypris Solutions 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, Sypris Solutions autocorrelation shows the relationship between Sypris Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Sypris Solutions.
Regressed Prices |
| Timeline |
Pair Trading with Sypris Solutions
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sypris Solutions position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sypris Solutions will appreciate offsetting losses from the drop in the long position's value.Moving against Sypris Stock
| 0.79 | GM | General Motors | PairCorr |
| 0.7 | MTEN | Mingteng International | PairCorr |
| 0.55 | RL | Ralph Lauren Corp | PairCorr |
| 0.5 | GNTX | Gentex | PairCorr |
| 0.45 | XPEV | Xpeng Inc | PairCorr |
The ability to find closely correlated positions to Sypris Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sypris Solutions when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sypris Solutions - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sypris Solutions to buy it.
The correlation of Sypris Solutions is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sypris Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sypris Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sypris Solutions can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sypris Stock Analysis
When running Sypris Solutions' price analysis, check to measure Sypris Solutions' 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 Sypris Solutions is operating at the current time. Most of Sypris Solutions' value examination focuses on studying past and present price action to predict the probability of Sypris Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sypris Solutions' price. Additionally, you may evaluate how the addition of Sypris Solutions to your portfolios can decrease your overall portfolio volatility.