Natera Inc Stock Market Value
| NTRA Stock | USD 164.39 2.87 1.72% |
| Symbol | Natera |
Natera Inc 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 Natera. If investors know Natera 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 Natera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.76) | Revenue Per Share 12.589 | Quarterly Revenue Growth 0.639 | Return On Assets (0.1) | Return On Equity (0.26) |
The market value of Natera Inc is measured differently than its book value, which is the value of Natera that is recorded on the company's balance sheet. Investors also form their own opinion of Natera's value that differs from its market value or its book value, called intrinsic value, which is Natera'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 Natera's market value can be influenced by many factors that don't directly affect Natera'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 Natera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natera'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.
Natera '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 Natera'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 Natera.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Natera on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Natera Inc or generate 0.0% return on investment in Natera over 300 days. Natera is related to or competes with EXACT Sciences, Caredx, Illumina, Twist Bioscience, Personalis, Guardant Health, and Castle Biosciences. Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide More
Natera 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 Natera'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 Natera Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.1076 | |||
| Maximum Drawdown | 25.26 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 4.3 |
Natera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Natera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Natera's standard deviation. In reality, there are many statistical measures that can use Natera historical prices to predict the future Natera's volatility.| Risk Adjusted Performance | 0.1185 | |||
| Jensen Alpha | 0.3693 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | 0.4825 |
Natera Inc Backtested Returns
Natera appears to be very steady, given 3 months investment horizon. Natera Inc has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Natera's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Natera's Downside Deviation of 2.62, mean deviation of 2.34, and Risk Adjusted Performance of 0.1185 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Natera holds a performance score of 12. The company secures a Beta (Market Risk) of 1.01, which conveys a somewhat significant risk relative to the market. Natera returns are very sensitive to returns on the market. As the market goes up or down, Natera is expected to follow. Please check Natera's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Natera's current price movements will revert.
Auto-correlation | 0.64 |
Good predictability
Natera Inc has good predictability. Overlapping area represents the amount of predictability between Natera time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Natera Inc price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Natera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 238.55 |
Natera Inc lagged returns against current returns
Autocorrelation, which is Natera 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 Natera's stock expected returns. We can calculate the autocorrelation of Natera returns to help us make a trade decision. For example, suppose you find that Natera 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 |
Natera 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 Natera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Natera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Natera stock over time.
Current vs Lagged Prices |
| Timeline |
Natera Lagged Returns
When evaluating Natera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Natera stock have on its future price. Natera 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, Natera autocorrelation shows the relationship between Natera stock current value and its past values and can show if there is a momentum factor associated with investing in Natera Inc.
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 Natera Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natera'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 Natera Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natera Inc Stock:Check out Natera Correlation, Natera Volatility and Natera Alpha and Beta module to complement your research on Natera. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Natera 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.