Henry Schein Stock Market Value
| HSIC Stock | USD 75.08 1.31 1.78% |
| Symbol | Henry |
Henry Schein Price To Book Ratio
Is Health Care Providers & Services 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 Henry Schein. If investors know Henry 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 Henry Schein 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 (0.26) | Earnings Share 2.44 | Revenue Per Share 97.561 | Quarterly Revenue Growth 0.004 | Return On Assets 0.0388 |
The market value of Henry Schein is measured differently than its book value, which is the value of Henry that is recorded on the company's balance sheet. Investors also form their own opinion of Henry Schein's value that differs from its market value or its book value, called intrinsic value, which is Henry Schein'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 Henry Schein's market value can be influenced by many factors that don't directly affect Henry Schein'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 Henry Schein's value and its price as these two are different measures arrived at by different means. Investors typically determine if Henry Schein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Henry Schein'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.
Henry Schein '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 Henry Schein'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 Henry Schein.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Henry Schein on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Henry Schein or generate 0.0% return on investment in Henry Schein over 270 days. Henry Schein is related to or competes with Humana, and Elevance Health. Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practi... More
Henry Schein 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 Henry Schein'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 Henry Schein upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 3.24 |
Henry Schein Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henry Schein's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henry Schein's standard deviation. In reality, there are many statistical measures that can use Henry Schein historical prices to predict the future Henry Schein's volatility.| Risk Adjusted Performance | 0.0604 | |||
| Jensen Alpha | 0.0647 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.278 |
Henry Schein Backtested Returns
At this point, Henry Schein is very steady. Henry Schein holds Efficiency (Sharpe) Ratio of 0.044, which attests that the entity had a 0.044% return per unit of risk over the last 3 months. We have found thirty technical indicators for Henry Schein, which you can use to evaluate the volatility of the firm. Please check out Henry Schein's Downside Deviation of 1.54, market risk adjusted performance of 0.288, and Risk Adjusted Performance of 0.0604 to validate if the risk estimate we provide is consistent with the expected return of 0.0768%. Henry Schein has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Henry Schein's returns are expected to increase less than the market. However, during the bear market, the loss of holding Henry Schein is expected to be smaller as well. Henry Schein right now retains a risk of 1.75%. Please check out Henry Schein total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Henry Schein will be following its current trending patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Henry Schein has insignificant reverse predictability. Overlapping area represents the amount of predictability between Henry Schein time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Henry Schein price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Henry Schein price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 3.58 |
Henry Schein lagged returns against current returns
Autocorrelation, which is Henry Schein 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 Henry Schein's stock expected returns. We can calculate the autocorrelation of Henry Schein returns to help us make a trade decision. For example, suppose you find that Henry Schein 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 |
Henry Schein 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 Henry Schein stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henry Schein stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henry Schein stock over time.
Current vs Lagged Prices |
| Timeline |
Henry Schein Lagged Returns
When evaluating Henry Schein's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henry Schein stock have on its future price. Henry Schein 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, Henry Schein autocorrelation shows the relationship between Henry Schein stock current value and its past values and can show if there is a momentum factor associated with investing in Henry Schein.
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 Henry Schein offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Henry Schein's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Henry Schein Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Henry Schein Stock:Check out Henry Schein Correlation, Henry Schein Volatility and Henry Schein Alpha and Beta module to complement your research on Henry Schein. For information on how to trade Henry Stock refer to our How to Trade Henry Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Henry Schein 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.