Repligen Stock Market Value
| RGEN Stock | USD 141.76 2.86 2.06% |
| Symbol | Repligen |
Repligen 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 Repligen. If investors know Repligen 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 Repligen 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 (0.83) | Earnings Share (0.03) | Revenue Per Share 11.452 | Quarterly Revenue Growth 0.097 | Return On Assets 0.002 |
The market value of Repligen is measured differently than its book value, which is the value of Repligen that is recorded on the company's balance sheet. Investors also form their own opinion of Repligen's value that differs from its market value or its book value, called intrinsic value, which is Repligen'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 Repligen's market value can be influenced by many factors that don't directly affect Repligen'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 Repligen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Repligen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Repligen'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.
Repligen '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 Repligen'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 Repligen.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Repligen on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Repligen or generate 0.0% return on investment in Repligen over 30 days. Repligen is related to or competes with Intuitive Surgical, ResMed, Merit Medical, ICU Medical, Cooper Companies,, West Pharmaceutical, and Becton Dickinson. Repligen Corporation develops and commercializes bioprocessing technologies and systems for use in biological drug manuf... More
Repligen 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 Repligen'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 Repligen upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.94 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 4.6 |
Repligen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Repligen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Repligen's standard deviation. In reality, there are many statistical measures that can use Repligen historical prices to predict the future Repligen's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Repligen's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Repligen Backtested Returns
Repligen maintains Sharpe Ratio (i.e., Efficiency) of -8.0E-4, which implies the firm had a -8.0E-4% return per unit of risk over the last 3 months. Repligen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Repligen's Variance of 9.96, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,835) to confirm the risk estimate we provide. The company holds a Beta of 0.97, which implies possible diversification benefits within a given portfolio. Repligen returns are very sensitive to returns on the market. As the market goes up or down, Repligen is expected to follow. At this point, Repligen has a negative expected return of -0.0026%. Please make sure to check Repligen's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Repligen performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Repligen has virtually no predictability. Overlapping area represents the amount of predictability between Repligen time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Repligen price movement. The serial correlation of 0.02 indicates that only 2.0% of current Repligen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 69.47 |
Repligen lagged returns against current returns
Autocorrelation, which is Repligen 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 Repligen's stock expected returns. We can calculate the autocorrelation of Repligen returns to help us make a trade decision. For example, suppose you find that Repligen 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 |
Repligen 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 Repligen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Repligen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Repligen stock over time.
Current vs Lagged Prices |
| Timeline |
Repligen Lagged Returns
When evaluating Repligen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Repligen stock have on its future price. Repligen 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, Repligen autocorrelation shows the relationship between Repligen stock current value and its past values and can show if there is a momentum factor associated with investing in Repligen.
Regressed Prices |
| Timeline |
Pair Trading with Repligen
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 Repligen 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 Repligen will appreciate offsetting losses from the drop in the long position's value.Moving against Repligen Stock
| 0.39 | BMY | Bristol Myers Squibb | PairCorr |
| 0.36 | FLGC | Flora Growth Corp | PairCorr |
| 0.33 | EWTX | Edgewise Therapeutics | PairCorr |
The ability to find closely correlated positions to Repligen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Repligen 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 Repligen - 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 Repligen to buy it.
The correlation of Repligen 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 Repligen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Repligen 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 Repligen 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 Repligen Correlation, Repligen Volatility and Repligen Alpha and Beta module to complement your research on Repligen. To learn how to invest in Repligen Stock, please use our How to Invest in Repligen guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Repligen 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.