Robinhood Markets Stock Market Value
| HOOD Stock | USD 37.85 1.20 3.27% |
| Symbol | Robinhood |
Robinhood Markets Price To Book Ratio
Is Financial Exchanges & Data 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 Robinhood Markets. If investors know Robinhood 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 Robinhood Markets 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 6.602 | Earnings Share 0.58 | Revenue Per Share 2.747 | Quarterly Revenue Growth 0.364 | Return On Assets 0.0151 |
The market value of Robinhood Markets is measured differently than its book value, which is the value of Robinhood that is recorded on the company's balance sheet. Investors also form their own opinion of Robinhood Markets' value that differs from its market value or its book value, called intrinsic value, which is Robinhood Markets' 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 Robinhood Markets' market value can be influenced by many factors that don't directly affect Robinhood Markets' 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 Robinhood Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Robinhood Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robinhood Markets' 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.
Robinhood Markets '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 Robinhood Markets' 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 Robinhood Markets.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Robinhood Markets on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Robinhood Markets or generate 0.0% return on investment in Robinhood Markets over 30 days. Robinhood Markets is related to or competes with Crowdstrike Holdings, Palantir Technologies, Cloudflare, Adobe Systems, Palo Alto, Uipath, and SentinelOne. Robinhood Markets, Inc. operates financial services platform in the United States More
Robinhood Markets 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 Robinhood Markets' 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 Robinhood Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | 0.2069 | |||
| Maximum Drawdown | 26.55 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 7.4 |
Robinhood Markets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinhood Markets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinhood Markets' standard deviation. In reality, there are many statistical measures that can use Robinhood Markets historical prices to predict the future Robinhood Markets' volatility.| Risk Adjusted Performance | 0.1902 | |||
| Jensen Alpha | 0.6049 | |||
| Total Risk Alpha | 0.3332 | |||
| Sortino Ratio | 0.2091 | |||
| Treynor Ratio | 0.3009 |
Robinhood Markets Backtested Returns
Robinhood Markets appears to be not too volatile, given 3 months investment horizon. Robinhood Markets maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Robinhood Markets' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please evaluate Robinhood Markets' Risk Adjusted Performance of 0.1902, coefficient of variation of 421.45, and Semi Deviation of 3.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Robinhood Markets holds a performance score of 17. The company holds a Beta of 3.36, which implies 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, Robinhood Markets will likely underperform. Please check Robinhood Markets' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Robinhood Markets' historical price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Robinhood Markets has good predictability. Overlapping area represents the amount of predictability between Robinhood Markets time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Robinhood Markets price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Robinhood Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 3.74 |
Robinhood Markets lagged returns against current returns
Autocorrelation, which is Robinhood Markets 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 Robinhood Markets' stock expected returns. We can calculate the autocorrelation of Robinhood Markets returns to help us make a trade decision. For example, suppose you find that Robinhood Markets 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 |
Robinhood Markets 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 Robinhood Markets stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinhood Markets stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robinhood Markets stock over time.
Current vs Lagged Prices |
| Timeline |
Robinhood Markets Lagged Returns
When evaluating Robinhood Markets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinhood Markets stock have on its future price. Robinhood Markets 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, Robinhood Markets autocorrelation shows the relationship between Robinhood Markets stock current value and its past values and can show if there is a momentum factor associated with investing in Robinhood Markets.
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 Robinhood Markets is a strong investment it is important to analyze Robinhood Markets' 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 Robinhood Markets' future performance. For an informed investment choice regarding Robinhood Stock, refer to the following important reports:Check out Robinhood Markets Correlation, Robinhood Markets Volatility and Robinhood Markets Alpha and Beta module to complement your research on Robinhood Markets. For information on how to trade Robinhood Stock refer to our How to Trade Robinhood Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Robinhood Markets 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.