Ispecimen Stock Market Value
| ISPC Stock | USD 4.15 0.09 2.12% |
| Symbol | ISpecimen |
iSpecimen Price To Book Ratio
Is Biotechnology 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 ISpecimen. If investors know ISpecimen 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 ISpecimen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.12) | Revenue Per Share 19.19 | Quarterly Revenue Growth (0.04) | Return On Assets (0.44) | Return On Equity (1.09) |
The market value of iSpecimen is measured differently than its book value, which is the value of ISpecimen that is recorded on the company's balance sheet. Investors also form their own opinion of ISpecimen's value that differs from its market value or its book value, called intrinsic value, which is ISpecimen'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 ISpecimen's market value can be influenced by many factors that don't directly affect ISpecimen'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 ISpecimen's value and its price as these two are different measures arrived at by different means. Investors typically determine if ISpecimen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ISpecimen'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.
ISpecimen '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 ISpecimen'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 ISpecimen.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in ISpecimen on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding iSpecimen or generate 0.0% return on investment in ISpecimen over 30 days. ISpecimen is related to or competes with Fonar, Castle Biosciences, Exagen, OncoCyte Corp, Personalis, Trinity Biotech, and Intelligent Bio. iSpecimen Inc. provides technology that connects life science researchers who need human biofluids, tissues, and living ... More
ISpecimen 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 ISpecimen'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 iSpecimen upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 64.03 | |||
| Value At Risk | (10.25) | |||
| Potential Upside | 15.8 |
ISpecimen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ISpecimen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ISpecimen's standard deviation. In reality, there are many statistical measures that can use ISpecimen historical prices to predict the future ISpecimen's volatility.| Risk Adjusted Performance | (0.0007) | |||
| Jensen Alpha | 0.1246 | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | 0.0606 |
iSpecimen Backtested Returns
iSpecimen holds Efficiency (Sharpe) Ratio of -0.0036, which attests that the entity had a -0.0036% return per unit of risk over the last 3 months. iSpecimen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ISpecimen's Standard Deviation of 9.05, market risk adjusted performance of 0.0706, and Risk Adjusted Performance of (0.0007) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -2.08, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ISpecimen are expected to decrease by larger amounts. On the other hand, during market turmoil, ISpecimen is expected to outperform it. At this point, iSpecimen has a negative expected return of -0.0332%. Please make sure to check out ISpecimen's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if iSpecimen performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
iSpecimen has very weak predictability. Overlapping area represents the amount of predictability between ISpecimen time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 iSpecimen price movement. The serial correlation of 0.16 indicates that over 16.0% of current ISpecimen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
iSpecimen lagged returns against current returns
Autocorrelation, which is ISpecimen 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 ISpecimen's stock expected returns. We can calculate the autocorrelation of ISpecimen returns to help us make a trade decision. For example, suppose you find that ISpecimen 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 |
ISpecimen 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 ISpecimen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ISpecimen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ISpecimen stock over time.
Current vs Lagged Prices |
| Timeline |
ISpecimen Lagged Returns
When evaluating ISpecimen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ISpecimen stock have on its future price. ISpecimen 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, ISpecimen autocorrelation shows the relationship between ISpecimen stock current value and its past values and can show if there is a momentum factor associated with investing in iSpecimen.
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 iSpecimen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ISpecimen'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 Ispecimen Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ispecimen Stock:Check out ISpecimen Correlation, ISpecimen Volatility and ISpecimen Alpha and Beta module to complement your research on ISpecimen. For information on how to trade ISpecimen Stock refer to our How to Trade ISpecimen Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
ISpecimen 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.