Seneca Stock Market Value

SENEA
 Stock
  

USD 67.06  0.28  0.42%   

Seneca Foods' market value is the price at which a share of Seneca Foods stock trades on a public exchange. It measures the collective expectations of Seneca Foods Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Seneca Foods Corp and determine expected loss or profit from investing in Seneca Foods over a given investment horizon. Additionally, take a look at Seneca Foods Correlation, Seneca Foods Volatility and Seneca Foods Alpha and Beta module to complement your research on Seneca Foods.
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Is Seneca Foods' 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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 Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Seneca Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.

Seneca Foods '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 Seneca Foods' 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 Seneca Foods.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in Seneca Foods on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding Seneca Foods Corp or generate 0.0% return on investment in Seneca Foods over 30 days. Seneca Foods is related to or competes with GROWTH FUND, VANGUARD SMALL-CAP, and Alcoa Corp. Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally More

Seneca Foods 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 Seneca Foods' 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 Seneca Foods Corp upside and downside potential and time the market with a certain degree of confidence.

Seneca Foods Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Seneca Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seneca Foods' standard deviation. In reality, there are many statistical measures that can use Seneca Foods historical prices to predict the future Seneca Foods' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Seneca Foods' 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. Please use the tools below to analyze the current value of Seneca Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
61.8464.2066.56
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Intrinsic
Valuation
LowReal ValueHigh
57.8571.9774.33
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Seneca Foods. Your research has to be compared to or analyzed against Seneca Foods' peers to derive any actionable benefits. When done correctly, Seneca Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Seneca Foods Corp.

Seneca Foods Corp Backtested Returns

Seneca Foods appears to be very steady, given 3 months investment horizon. Seneca Foods Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had 0.16% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Seneca Foods Corp, which you can use to evaluate the future volatility of the company. Please review Seneca Foods' Semi Deviation of 2.12, risk adjusted performance of 0.249, and Coefficient Of Variation of 601.25 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Seneca Foods holds a performance score of 12. The entity has a beta of 0.7773, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Seneca's beta means in this case. As returns on the market increase, Seneca Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding Seneca Foods will be expected to be smaller as well. Although it is vital to follow Seneca Foods Corp current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Seneca Foods Corp technical indicators, you can presently evaluate if the expected return of 0.38% will be sustainable into the future. Please operates Seneca Foods expected short fall, day median price, and the relationship between the potential upside and accumulation distribution to make a quick decision on whether Seneca Foods Corp existing price patterns will revert.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Seneca Foods Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Seneca Foods time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Seneca Foods Corp price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Seneca Foods price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.05
Residual Average0.0
Price Variance3.04

Seneca Foods Corp lagged returns against current returns

Autocorrelation, which is Seneca Foods 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 Seneca Foods' stock expected returns. We can calculate the autocorrelation of Seneca Foods returns to help us make a trade decision. For example, suppose you find that Seneca Foods stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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Seneca Foods 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 Seneca Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seneca Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seneca Foods stock over time.
   Current vs Lagged Prices   
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Seneca Foods Lagged Returns

When evaluating Seneca Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seneca Foods stock have on its future price. Seneca Foods 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, Seneca Foods autocorrelation shows the relationship between Seneca Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Seneca Foods Corp.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Seneca Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Seneca Foods' short interest history, or implied volatility extrapolated from Seneca Foods options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Seneca Foods Correlation, Seneca Foods Volatility and Seneca Foods Alpha and Beta module to complement your research on Seneca Foods. Note that the Seneca Foods Corp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Seneca Stock analysis

When running Seneca Foods Corp price analysis, check to measure Seneca Foods' 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 Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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Seneca Foods 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.
A focus of Seneca Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Seneca Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...