Revvity Stock Market Value
| RVTY Stock | 112.03 0.92 0.83% |
| Symbol | Revvity |
Revvity 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 Revvity. If investors know Revvity 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 Revvity 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 9.234 | Dividend Share 0.28 | Earnings Share 2.09 | Revenue Per Share 22.085 | Quarterly Revenue Growth 0.02 |
The market value of Revvity is measured differently than its book value, which is the value of Revvity that is recorded on the company's balance sheet. Investors also form their own opinion of Revvity's value that differs from its market value or its book value, called intrinsic value, which is Revvity'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 Revvity's market value can be influenced by many factors that don't directly affect Revvity'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 Revvity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revvity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revvity'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.
Revvity '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 Revvity'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 Revvity.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Revvity on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Revvity or generate 0.0% return on investment in Revvity over 360 days. Revvity is related to or competes with Fonar, Burning Rock, Sera Prognostics, Exagen, Sotera Health, DarioHealth Corp, and Neuronetics. Revvity is entity of United States. It is traded as Stock on NYSE exchange. More
Revvity 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 Revvity'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 Revvity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.35 |
Revvity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revvity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revvity's standard deviation. In reality, there are many statistical measures that can use Revvity historical prices to predict the future Revvity's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Revvity'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.
Revvity Backtested Returns
Revvity maintains Sharpe Ratio (i.e., Efficiency) of -0.0661, which implies the firm had a -0.0661% return per unit of risk over the last 3 months. Revvity exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revvity's Coefficient Of Variation of (1,960), risk adjusted performance of (0.03), and Variance of 2.61 to confirm the risk estimate we provide. The company holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Revvity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Revvity is expected to be smaller as well. At this point, Revvity has a negative expected return of -0.11%. Please make sure to check Revvity's accumulation distribution, as well as the relationship between the day median price and price action indicator , to decide if Revvity performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Revvity has very weak reverse predictability. Overlapping area represents the amount of predictability between Revvity time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Revvity price movement. The serial correlation of -0.02 indicates that only 2.0% of current Revvity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 47.0 |
Revvity lagged returns against current returns
Autocorrelation, which is Revvity 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 Revvity's stock expected returns. We can calculate the autocorrelation of Revvity returns to help us make a trade decision. For example, suppose you find that Revvity 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 |
Revvity 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 Revvity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revvity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revvity stock over time.
Current vs Lagged Prices |
| Timeline |
Revvity Lagged Returns
When evaluating Revvity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revvity stock have on its future price. Revvity 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, Revvity autocorrelation shows the relationship between Revvity stock current value and its past values and can show if there is a momentum factor associated with investing in Revvity.
Regressed Prices |
| Timeline |
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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.Additional Tools for Revvity Stock Analysis
When running Revvity's price analysis, check to measure Revvity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Revvity is operating at the current time. Most of Revvity's value examination focuses on studying past and present price action to predict the probability of Revvity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revvity's price. Additionally, you may evaluate how the addition of Revvity to your portfolios can decrease your overall portfolio volatility.