Certara Stock Market Value
| CERT Stock | USD 11.05 0.69 6.66% |
| Symbol | Certara |
Certara Price To Book Ratio
Is Health Care Technology 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 Certara. If investors know Certara 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 Certara 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 (0.14) | Earnings Share (0.20) | Revenue Per Share 2.33 | Quarterly Revenue Growth 0.108 | Return On Assets 0.0059 |
The market value of Certara is measured differently than its book value, which is the value of Certara that is recorded on the company's balance sheet. Investors also form their own opinion of Certara's value that differs from its market value or its book value, called intrinsic value, which is Certara'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 Certara's market value can be influenced by many factors that don't directly affect Certara'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 Certara's value and its price as these two are different measures arrived at by different means. Investors typically determine if Certara is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Certara'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.
Certara '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 Certara'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 Certara.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Certara on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Certara or generate 0.0% return on investment in Certara over 510 days. Certara is related to or competes with HealthStream, National Research, Forian, and HealthEquity. Certara, Inc. provides software products and technology-enabled services to customers for biosimulation in drug discover... More
Certara 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 Certara'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 Certara upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 15.96 | |||
| Value At Risk | (4.01) | |||
| Potential Upside | 5.82 |
Certara Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Certara's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Certara's standard deviation. In reality, there are many statistical measures that can use Certara historical prices to predict the future Certara's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.13) |
Certara Backtested Returns
Certara secures Sharpe Ratio (or Efficiency) of -0.0555, which signifies that the company had a -0.0555% return per unit of risk over the last 3 months. Certara exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Certara's Standard Deviation of 2.77, mean deviation of 1.95, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.01, 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, Certara will likely underperform. At this point, Certara has a negative expected return of -0.15%. Please make sure to confirm Certara's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Certara performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Certara has insignificant reverse predictability. Overlapping area represents the amount of predictability between Certara time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Certara price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Certara price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 7.48 |
Certara lagged returns against current returns
Autocorrelation, which is Certara 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 Certara's stock expected returns. We can calculate the autocorrelation of Certara returns to help us make a trade decision. For example, suppose you find that Certara 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 |
Certara 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 Certara stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Certara stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Certara stock over time.
Current vs Lagged Prices |
| Timeline |
Certara Lagged Returns
When evaluating Certara's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Certara stock have on its future price. Certara 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, Certara autocorrelation shows the relationship between Certara stock current value and its past values and can show if there is a momentum factor associated with investing in Certara.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Certara Stock Analysis
When running Certara's price analysis, check to measure Certara'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 Certara is operating at the current time. Most of Certara's value examination focuses on studying past and present price action to predict the probability of Certara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Certara's price. Additionally, you may evaluate how the addition of Certara to your portfolios can decrease your overall portfolio volatility.