Sandisk Corp Stock Market Value
| SNDK Stock | 45.04 0.31 0.68% |
| Symbol | Sandisk |
Is Technology Hardware, Storage & Peripherals 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 Sandisk Corp. If investors know Sandisk 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 Sandisk Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sandisk Corp is measured differently than its book value, which is the value of Sandisk that is recorded on the company's balance sheet. Investors also form their own opinion of Sandisk Corp's value that differs from its market value or its book value, called intrinsic value, which is Sandisk 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 Sandisk Corp's market value can be influenced by many factors that don't directly affect Sandisk 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 Sandisk Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandisk Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandisk 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.
Sandisk 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 Sandisk 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 Sandisk Corp.
| 07/12/2023 |
| 07/01/2025 |
If you would invest 0.00 in Sandisk Corp on July 12, 2023 and sell it all today you would earn a total of 0.00 from holding Sandisk Corp or generate 0.0% return on investment in Sandisk Corp over 720 days. Sandisk Corp is related to or competes with Texas Roadhouse, Diageo PLC, Ambev SA, Nathans Famous, Willamette Valley, Cheesecake Factory, and BJs Restaurants. SanDisk Corporationration designs, develops, manufactures, and markets data storage solutions in the United States and internationally. More
Sandisk 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 Sandisk 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 Sandisk Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 28.11 | |||
| Value At Risk | (7.39) | |||
| Potential Upside | 6.36 |
Sandisk Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sandisk Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sandisk Corp's standard deviation. In reality, there are many statistical measures that can use Sandisk Corp historical prices to predict the future Sandisk Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sandisk Corp'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.
Sandisk Corp Backtested Returns
As of now, Sandisk Stock is not too volatile. Sandisk Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0121, which indicates the firm had a 0.0121 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Sandisk Corp, which you can use to evaluate the volatility of the company. Please validate Sandisk Corp's Risk Adjusted Performance of (0.02), variance of 28.97, and Coefficient Of Variation of (7,474) to confirm if the risk estimate we provide is consistent with the expected return of 0.0662%. The entity has a beta of 2.41, 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, Sandisk Corp will likely underperform. Sandisk Corp right now has a risk of 5.46%. Please validate Sandisk Corp skewness, as well as the relationship between the day median price and relative strength index , to decide if Sandisk Corp will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Sandisk Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Sandisk Corp time series from 12th of July 2023 to 6th of July 2024 and 6th of July 2024 to 1st of July 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 Sandisk Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sandisk Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sandisk Corp lagged returns against current returns
Autocorrelation, which is Sandisk 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 Sandisk Corp's stock expected returns. We can calculate the autocorrelation of Sandisk Corp returns to help us make a trade decision. For example, suppose you find that Sandisk 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 |
Sandisk 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 Sandisk Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sandisk Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sandisk Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Sandisk Corp Lagged Returns
When evaluating Sandisk Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sandisk Corp stock have on its future price. Sandisk 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, Sandisk Corp autocorrelation shows the relationship between Sandisk Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Sandisk Corp.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Sandisk Corp Correlation, Sandisk Corp Volatility and Sandisk Corp Alpha and Beta module to complement your research on Sandisk Corp. For more information on how to buy Sandisk Stock please use our How to buy in Sandisk Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Sandisk 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.