Bandwidth Stock Market Value
| BAND Stock | USD 19.23 1.24 6.89% |
| Symbol | Bandwidth |
Bandwidth Price To Book Ratio
Is Diversified Telecommunication Services 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 Bandwidth. If investors know Bandwidth 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 Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 26.367 | Quarterly Revenue Growth 0.275 | Return On Assets (0.02) | Return On Equity (0.05) |
The market value of Bandwidth is measured differently than its book value, which is the value of Bandwidth that is recorded on the company's balance sheet. Investors also form their own opinion of Bandwidth's value that differs from its market value or its book value, called intrinsic value, which is Bandwidth'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 Bandwidth's market value can be influenced by many factors that don't directly affect Bandwidth'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 Bandwidth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bandwidth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bandwidth'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.
Bandwidth '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 Bandwidth'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 Bandwidth.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Bandwidth on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Bandwidth or generate 0.0% return on investment in Bandwidth over 720 days. Bandwidth is related to or competes with DigitalOcean Holdings, Adyen NV, Okta, Confluent, Rapid7, Shift4 Payments, and Appian Corp. Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United St... More
Bandwidth 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 Bandwidth'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 Bandwidth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0035 | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 5.22 |
Bandwidth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bandwidth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bandwidth's standard deviation. In reality, there are many statistical measures that can use Bandwidth historical prices to predict the future Bandwidth's volatility.| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0038 | |||
| Treynor Ratio | 0.061 |
Bandwidth Backtested Returns
At this point, Bandwidth is not too volatile. Bandwidth secures Sharpe Ratio (or Efficiency) of 0.0671, which signifies that the company had a 0.0671% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bandwidth, which you can use to evaluate the volatility of the firm. Please confirm Bandwidth's Mean Deviation of 1.93, downside deviation of 2.41, and Risk Adjusted Performance of 0.0371 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Bandwidth has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.55, which signifies 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, Bandwidth will likely underperform. Bandwidth right now shows a risk of 2.65%. Please confirm Bandwidth total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Bandwidth will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Bandwidth has very good reverse predictability. Overlapping area represents the amount of predictability between Bandwidth time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 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 Bandwidth price movement. The serial correlation of -0.7 indicates that around 70.0% of current Bandwidth price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 7.71 |
Bandwidth lagged returns against current returns
Autocorrelation, which is Bandwidth 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 Bandwidth's stock expected returns. We can calculate the autocorrelation of Bandwidth returns to help us make a trade decision. For example, suppose you find that Bandwidth 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 |
Bandwidth 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 Bandwidth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bandwidth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bandwidth stock over time.
Current vs Lagged Prices |
| Timeline |
Bandwidth Lagged Returns
When evaluating Bandwidth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bandwidth stock have on its future price. Bandwidth 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, Bandwidth autocorrelation shows the relationship between Bandwidth stock current value and its past values and can show if there is a momentum factor associated with investing in Bandwidth.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Bandwidth is a strong investment it is important to analyze Bandwidth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bandwidth's future performance. For an informed investment choice regarding Bandwidth Stock, refer to the following important reports:Check out Bandwidth Correlation, Bandwidth Volatility and Bandwidth Alpha and Beta module to complement your research on Bandwidth. For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Bandwidth 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.