Guidewire Software Stock Market Value
| GWRE Stock | USD 203.11 0.29 0.14% |
| Symbol | Guidewire |
Guidewire Software Price To Book Ratio
Is Application 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 Guidewire Software. If investors know Guidewire 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 Guidewire Software 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 0.349 | Earnings Share (0.06) | Revenue Per Share 11.915 | Quarterly Revenue Growth 0.08 | Return On Assets (0.02) |
The market value of Guidewire Software is measured differently than its book value, which is the value of Guidewire that is recorded on the company's balance sheet. Investors also form their own opinion of Guidewire Software's value that differs from its market value or its book value, called intrinsic value, which is Guidewire Software'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 Guidewire Software's market value can be influenced by many factors that don't directly affect Guidewire Software'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 Guidewire Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guidewire Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guidewire Software'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.
Guidewire Software '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 Guidewire Software'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 Guidewire Software.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Guidewire Software on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Guidewire Software or generate 0.0% return on investment in Guidewire Software over 720 days. Guidewire Software is related to or competes with Blackbaud, Enfusion, E2open Parent, Manhattan Associates, Clearwater Analytics, Expensify, and Envestnet. Guidewire Software, Inc. provides software products for property and casualty insurers worldwide More
Guidewire Software 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 Guidewire Software'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 Guidewire Software upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8883 | |||
| Information Ratio | 0.2076 | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.79 |
Guidewire Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Guidewire Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Guidewire Software's standard deviation. In reality, there are many statistical measures that can use Guidewire Software historical prices to predict the future Guidewire Software's volatility.| Risk Adjusted Performance | 0.2201 | |||
| Jensen Alpha | 0.4387 | |||
| Total Risk Alpha | 0.212 | |||
| Sortino Ratio | 0.4252 | |||
| Treynor Ratio | 1.01 |
Guidewire Software Backtested Returns
Guidewire Software appears to be very steady, given 3 months investment horizon. Guidewire Software holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28% return per unit of risk over the last 3 months. By evaluating Guidewire Software's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Guidewire Software's Market Risk Adjusted Performance of 1.02, risk adjusted performance of 0.2201, and Coefficient Of Variation of 357.82 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Guidewire Software holds a performance score of 22. The company retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Guidewire Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Guidewire Software is expected to be smaller as well. Please check Guidewire Software's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Guidewire Software's current trending patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
Guidewire Software has very good predictability. Overlapping area represents the amount of predictability between Guidewire Software time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Guidewire Software price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Guidewire Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 874.46 |
Guidewire Software lagged returns against current returns
Autocorrelation, which is Guidewire Software 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 Guidewire Software's stock expected returns. We can calculate the autocorrelation of Guidewire Software returns to help us make a trade decision. For example, suppose you find that Guidewire Software 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 |
Guidewire Software 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 Guidewire Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Guidewire Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Guidewire Software stock over time.
Current vs Lagged Prices |
| Timeline |
Guidewire Software Lagged Returns
When evaluating Guidewire Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Guidewire Software stock have on its future price. Guidewire Software 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, Guidewire Software autocorrelation shows the relationship between Guidewire Software stock current value and its past values and can show if there is a momentum factor associated with investing in Guidewire Software.
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 Guidewire Software is a strong investment it is important to analyze Guidewire Software'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 Guidewire Software's future performance. For an informed investment choice regarding Guidewire Stock, refer to the following important reports:Check out Guidewire Software Correlation, Guidewire Software Volatility and Guidewire Software Alpha and Beta module to complement your research on Guidewire Software. For information on how to trade Guidewire Stock refer to our How to Trade Guidewire 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.
Guidewire Software 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.