Personalis Stock Market Value
| PSNL Stock | USD 3.60 0.13 3.75% |
| Symbol | Personalis |
Personalis Price To Book Ratio
Is Life Sciences Tools & 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 Personalis. If investors know Personalis 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 Personalis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Revenue Per Share 1.637 | Quarterly Revenue Growth 0.409 | Return On Assets (0.19) | Return On Equity (0.58) |
The market value of Personalis is measured differently than its book value, which is the value of Personalis that is recorded on the company's balance sheet. Investors also form their own opinion of Personalis' value that differs from its market value or its book value, called intrinsic value, which is Personalis' 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 Personalis' market value can be influenced by many factors that don't directly affect Personalis' 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 Personalis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Personalis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Personalis' 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.
Personalis '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 Personalis' 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 Personalis.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Personalis on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Personalis or generate 0.0% return on investment in Personalis over 30 days. Personalis is related to or competes with Twist Bioscience, Natera, Guardant Health, Castle Biosciences, Sera Prognostics, Caredx, and DarioHealth Corp. Personalis, Inc. operates as a cancer genomics company worldwide More
Personalis 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 Personalis' 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 Personalis upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 35.38 | |||
| Value At Risk | (9.47) | |||
| Potential Upside | 8.46 |
Personalis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Personalis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Personalis' standard deviation. In reality, there are many statistical measures that can use Personalis historical prices to predict the future Personalis' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (0.41) |
Personalis Backtested Returns
Personalis maintains Sharpe Ratio (i.e., Efficiency) of -0.0843, which implies the firm had a -0.0843% return per unit of risk over the last 3 months. Personalis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Personalis' Variance of 33.9, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,005) to confirm the risk estimate we provide. The company holds a Beta of 1.42, 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, Personalis will likely underperform. At this point, Personalis has a negative expected return of -0.5%. Please make sure to check Personalis' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Personalis performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Personalis has poor predictability. Overlapping area represents the amount of predictability between Personalis time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Personalis price movement. The serial correlation of 0.25 indicates that over 25.0% of current Personalis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Personalis lagged returns against current returns
Autocorrelation, which is Personalis 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 Personalis' stock expected returns. We can calculate the autocorrelation of Personalis returns to help us make a trade decision. For example, suppose you find that Personalis 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 |
Personalis 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 Personalis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Personalis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Personalis stock over time.
Current vs Lagged Prices |
| Timeline |
Personalis Lagged Returns
When evaluating Personalis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Personalis stock have on its future price. Personalis 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, Personalis autocorrelation shows the relationship between Personalis stock current value and its past values and can show if there is a momentum factor associated with investing in Personalis.
Regressed Prices |
| Timeline |
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Personalis 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.