Bill Com Holdings Stock Market Value
| BILL Stock | USD 91.51 1.53 1.70% |
| Symbol | Bill |
Bill Com Holdings Price To Book Ratio
Is Systems Software 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 Bill. If investors know Bill 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 Bill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.07 | Revenue Per Share 12.698 | Quarterly Revenue Growth 0.175 | Return On Assets (0.01) | Return On Equity 0.0019 |
The market value of Bill Com Holdings is measured differently than its book value, which is the value of Bill that is recorded on the company's balance sheet. Investors also form their own opinion of Bill's value that differs from its market value or its book value, called intrinsic value, which is Bill'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 Bill's market value can be influenced by many factors that don't directly affect Bill'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 Bill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bill'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.
Bill '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 Bill'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 Bill.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Bill on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Bill Com Holdings or generate 0.0% return on investment in Bill over 360 days. Bill is related to or competes with Datadog, Asana, Gitlab, Atlassian Corp, Trade Desk, ServiceNow, and Snowflake. Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial op... More
Bill 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 Bill'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 Bill Com Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | 0.2283 | |||
| Maximum Drawdown | 20.98 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 7.45 |
Bill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bill's standard deviation. In reality, there are many statistical measures that can use Bill historical prices to predict the future Bill's volatility.| Risk Adjusted Performance | 0.2106 | |||
| Jensen Alpha | 0.732 | |||
| Total Risk Alpha | 0.3777 | |||
| Sortino Ratio | 0.381 | |||
| Treynor Ratio | 0.5277 |
Bill Com Holdings Backtested Returns
Bill is very steady given 3 months investment horizon. Bill Com Holdings secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of risk over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Bill Risk Adjusted Performance of 0.2106, downside deviation of 2.17, and Mean Deviation of 2.48 to evaluate company specific risk that cannot be diversified away. Bill holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.8, 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, Bill will likely underperform. Use Bill total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on Bill.
Auto-correlation | -0.54 |
Good reverse predictability
Bill Com Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Bill time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Bill Com Holdings price movement. The serial correlation of -0.54 indicates that about 54.0% of current Bill price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 79.37 |
Bill Com Holdings lagged returns against current returns
Autocorrelation, which is Bill 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 Bill's stock expected returns. We can calculate the autocorrelation of Bill returns to help us make a trade decision. For example, suppose you find that Bill 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 |
Bill 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 Bill stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bill stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bill stock over time.
Current vs Lagged Prices |
| Timeline |
Bill Lagged Returns
When evaluating Bill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bill stock have on its future price. Bill 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, Bill autocorrelation shows the relationship between Bill stock current value and its past values and can show if there is a momentum factor associated with investing in Bill Com Holdings.
Regressed Prices |
| Timeline |
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Bill 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.