Hutchmed Drc Stock Market Value
| HCM Stock | USD 13.81 0.17 1.25% |
| Symbol | HUTCHMED |
HUTCHMED DRC Price To Book Ratio
Is Pharmaceuticals 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 HUTCHMED DRC. If investors know HUTCHMED 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 HUTCHMED DRC 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 (0.84) | Earnings Share (0.25) | Revenue Per Share | Quarterly Revenue Growth (0.43) | Return On Assets |
The market value of HUTCHMED DRC is measured differently than its book value, which is the value of HUTCHMED that is recorded on the company's balance sheet. Investors also form their own opinion of HUTCHMED DRC's value that differs from its market value or its book value, called intrinsic value, which is HUTCHMED DRC'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 HUTCHMED DRC's market value can be influenced by many factors that don't directly affect HUTCHMED DRC'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 HUTCHMED DRC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUTCHMED DRC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUTCHMED DRC'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.
HUTCHMED DRC '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 HUTCHMED DRC'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 HUTCHMED DRC.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in HUTCHMED DRC on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding HUTCHMED DRC or generate 0.0% return on investment in HUTCHMED DRC over 150 days. HUTCHMED DRC is related to or competes with ANI Pharmaceuticals, Phibro Animal, Prestige Brand, Pacira BioSciences,, Collegium Pharmaceutical, Procaps Group, and Alkermes Plc. HUTCHMED Limited discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immuno... More
HUTCHMED DRC 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 HUTCHMED DRC'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 HUTCHMED DRC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 15.25 | |||
| Value At Risk | (5.01) | |||
| Potential Upside | 5.47 |
HUTCHMED DRC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HUTCHMED DRC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUTCHMED DRC's standard deviation. In reality, there are many statistical measures that can use HUTCHMED DRC historical prices to predict the future HUTCHMED DRC's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (1.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HUTCHMED DRC's 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.
HUTCHMED DRC Backtested Returns
HUTCHMED DRC holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15 % return per unit of volatility over the last 3 months. HUTCHMED DRC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HUTCHMED DRC's risk adjusted performance of (0.15), and Market Risk Adjusted Performance of (1.74) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HUTCHMED DRC's returns are expected to increase less than the market. However, during the bear market, the loss of holding HUTCHMED DRC is expected to be smaller as well. At this point, HUTCHMED DRC has a negative expected return of -0.44%. Please make sure to check out HUTCHMED DRC's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if HUTCHMED DRC performance from the past will be repeated at some future point.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
HUTCHMED DRC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between HUTCHMED DRC time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HUTCHMED DRC price movement. The serial correlation of -0.72 indicates that around 72.0% of current HUTCHMED DRC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
HUTCHMED DRC lagged returns against current returns
Autocorrelation, which is HUTCHMED DRC 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 HUTCHMED DRC's stock expected returns. We can calculate the autocorrelation of HUTCHMED DRC returns to help us make a trade decision. For example, suppose you find that HUTCHMED DRC 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 |
HUTCHMED DRC 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 HUTCHMED DRC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUTCHMED DRC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUTCHMED DRC stock over time.
Current vs Lagged Prices |
| Timeline |
HUTCHMED DRC Lagged Returns
When evaluating HUTCHMED DRC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUTCHMED DRC stock have on its future price. HUTCHMED DRC 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, HUTCHMED DRC autocorrelation shows the relationship between HUTCHMED DRC stock current value and its past values and can show if there is a momentum factor associated with investing in HUTCHMED DRC.
Regressed Prices |
| Timeline |
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HUTCHMED DRC 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.