Frequency Therapeutics Stock Market Value
| KRRO Stock | 34.12 0.06 0.18% |
| Symbol | Frequency |
Frequency Therapeutics 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 Frequency Therapeutics. If investors know Frequency 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 Frequency Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Frequency Therapeutics is measured differently than its book value, which is the value of Frequency that is recorded on the company's balance sheet. Investors also form their own opinion of Frequency Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Frequency Therapeutics' 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 Frequency Therapeutics' market value can be influenced by many factors that don't directly affect Frequency Therapeutics' 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 Frequency Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Frequency Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frequency Therapeutics' 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.
Frequency Therapeutics '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 Frequency Therapeutics' 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 Frequency Therapeutics.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Frequency Therapeutics on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Frequency Therapeutics or generate 0.0% return on investment in Frequency Therapeutics over 30 days. Frequency Therapeutics is related to or competes with Chemours, Sable Offshore, Eastman Chemical, Orbit Garant, Pembina Pipeline, and Luxfer Holdings. Frequency Therapeutics is entity of United States More
Frequency Therapeutics 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 Frequency Therapeutics' 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 Frequency Therapeutics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 28.05 | |||
| Value At Risk | (11.20) | |||
| Potential Upside | 8.2 |
Frequency Therapeutics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frequency Therapeutics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frequency Therapeutics' standard deviation. In reality, there are many statistical measures that can use Frequency Therapeutics historical prices to predict the future Frequency Therapeutics' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.04) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | (0.50) |
Frequency Therapeutics Backtested Returns
Frequency Therapeutics secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of risk over the last 3 months. Frequency Therapeutics exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Frequency Therapeutics' Variance of 33.67, standard deviation of 5.8, and Mean Deviation of 4.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.77, which means 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, Frequency Therapeutics will likely underperform. At this point, Frequency Therapeutics has a negative expected return of -0.76%. Please make sure to confirm Frequency Therapeutics' jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Frequency Therapeutics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Frequency Therapeutics has modest predictability. Overlapping area represents the amount of predictability between Frequency Therapeutics time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Frequency Therapeutics price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Frequency Therapeutics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 3.02 |
Frequency Therapeutics lagged returns against current returns
Autocorrelation, which is Frequency Therapeutics 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 Frequency Therapeutics' stock expected returns. We can calculate the autocorrelation of Frequency Therapeutics returns to help us make a trade decision. For example, suppose you find that Frequency Therapeutics 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 |
Frequency Therapeutics 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 Frequency Therapeutics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frequency Therapeutics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frequency Therapeutics stock over time.
Current vs Lagged Prices |
| Timeline |
Frequency Therapeutics Lagged Returns
When evaluating Frequency Therapeutics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frequency Therapeutics stock have on its future price. Frequency Therapeutics 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, Frequency Therapeutics autocorrelation shows the relationship between Frequency Therapeutics stock current value and its past values and can show if there is a momentum factor associated with investing in Frequency Therapeutics.
Regressed Prices |
| Timeline |
Pair Trading with Frequency Therapeutics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frequency Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frequency Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Frequency Stock
Moving against Frequency Stock
| 0.74 | ALTS | ALT5 Sigma Symbol Change | PairCorr |
| 0.48 | BMY | Bristol Myers Squibb Earnings Call This Week | PairCorr |
| 0.47 | BFRI | Biofrontera | PairCorr |
| 0.43 | EHAB | Enhabit | PairCorr |
The ability to find closely correlated positions to Frequency Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frequency Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frequency Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frequency Therapeutics to buy it.
The correlation of Frequency Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frequency Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frequency Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Frequency Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Frequency Therapeutics Correlation, Frequency Therapeutics Volatility and Frequency Therapeutics Alpha and Beta module to complement your research on Frequency Therapeutics. To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Therapeutics guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Frequency Therapeutics 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.