Sally Beauty Holdings Stock Market Value
| SBH Stock | USD 10.60 0.04 0.38% |
| Symbol | Sally |
Sally Beauty Holdings Price To Book Ratio
Is Sally Beauty's industry 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 Sally Beauty. If investors know Sally 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 Sally Beauty 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 (0.24) | Earnings Share 1.58 | Revenue Per Share 34.591 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0723 |
The market value of Sally Beauty Holdings is measured differently than its book value, which is the value of Sally that is recorded on the company's balance sheet. Investors also form their own opinion of Sally Beauty's value that differs from its market value or its book value, called intrinsic value, which is Sally Beauty'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 Sally Beauty's market value can be influenced by many factors that don't directly affect Sally Beauty'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 Sally Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sally Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sally Beauty'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.
Sally Beauty '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 Sally Beauty'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 Sally Beauty.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Sally Beauty on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sally Beauty Holdings or generate 0.0% return on investment in Sally Beauty over 60 days. Sally Beauty is related to or competes with OReilly Automotive, AutoZone, Genuine Parts, Williams Sonoma, Best Buy, RH, and Advance Auto. Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies More
Sally Beauty 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 Sally Beauty'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 Sally Beauty Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 16.08 | |||
| Value At Risk | (5.73) | |||
| Potential Upside | 4.64 |
Sally Beauty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sally Beauty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sally Beauty's standard deviation. In reality, there are many statistical measures that can use Sally Beauty historical prices to predict the future Sally Beauty's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sally Beauty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sally Beauty Holdings Backtested Returns
Sally Beauty Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0545, which indicates the firm had a -0.0545% return per unit of risk over the last 3 months. Sally Beauty Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sally Beauty's Variance of 9.82, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,148) to confirm the risk estimate we provide. The entity has a beta of 2.6, 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, Sally Beauty will likely underperform. Sally Beauty Holdings has an expected return of -0.17%. Please make sure to validate Sally Beauty potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Sally Beauty Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Sally Beauty Holdings has good predictability. Overlapping area represents the amount of predictability between Sally Beauty time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 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 Sally Beauty Holdings price movement. The serial correlation of 0.7 indicates that around 70.0% of current Sally Beauty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Sally Beauty Holdings lagged returns against current returns
Autocorrelation, which is Sally Beauty 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 Sally Beauty's stock expected returns. We can calculate the autocorrelation of Sally Beauty returns to help us make a trade decision. For example, suppose you find that Sally Beauty 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 |
Sally Beauty 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 Sally Beauty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sally Beauty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sally Beauty stock over time.
Current vs Lagged Prices |
| Timeline |
Sally Beauty Lagged Returns
When evaluating Sally Beauty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sally Beauty stock have on its future price. Sally Beauty 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, Sally Beauty autocorrelation shows the relationship between Sally Beauty stock current value and its past values and can show if there is a momentum factor associated with investing in Sally Beauty Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Sally Beauty Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sally Beauty'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 Sally Beauty Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sally Beauty Holdings Stock:Check out Sally Beauty Correlation, Sally Beauty Volatility and Sally Beauty Alpha and Beta module to complement your research on Sally Beauty. Note that the Sally Beauty Holdings information on this page should be used as a complementary analysis to other Sally Beauty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Sally Stock analysis
When running Sally Beauty's price analysis, check to measure Sally Beauty's 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 Sally Beauty is operating at the current time. Most of Sally Beauty's value examination focuses on studying past and present price action to predict the probability of Sally Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sally Beauty's price. Additionally, you may evaluate how the addition of Sally Beauty to your portfolios can decrease your overall portfolio volatility.
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Sally Beauty 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.