Scilex Holding Stock Market Value
| SCLX Stock | 0.52 0.03 5.45% |
| Symbol | Scilex |
Scilex Holding Price To Book Ratio
Is Pharmaceuticals 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 Scilex Holding. If investors know Scilex 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 Scilex Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share 0.442 | Quarterly Revenue Growth 0.301 | Return On Assets (0.54) |
The market value of Scilex Holding is measured differently than its book value, which is the value of Scilex that is recorded on the company's balance sheet. Investors also form their own opinion of Scilex Holding's value that differs from its market value or its book value, called intrinsic value, which is Scilex Holding'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 Scilex Holding's market value can be influenced by many factors that don't directly affect Scilex Holding'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 Scilex Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scilex Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scilex Holding'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.
Scilex Holding '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 Scilex Holding'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 Scilex Holding.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Scilex Holding on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Scilex Holding or generate 0.0% return on investment in Scilex Holding over 270 days. Scilex Holding is related to or competes with AstraZeneca PLC, Gilead Sciences, Bristol Myers, Amgen, Eli Lilly, AbbVie, and Merck. Scilex Holding is entity of United States More
Scilex Holding 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 Scilex Holding'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 Scilex Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 29.49 | |||
| Value At Risk | (10.20) | |||
| Potential Upside | 9.38 |
Scilex Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scilex Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scilex Holding's standard deviation. In reality, there are many statistical measures that can use Scilex Holding historical prices to predict the future Scilex Holding's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.35) | |||
| Total Risk Alpha | (2.07) | |||
| Treynor Ratio | (0.55) |
Scilex Holding Backtested Returns
Scilex Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Scilex Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scilex Holding's Risk Adjusted Performance of (0.13), coefficient of variation of (563.44), and Variance of 37.96 to confirm the risk estimate we provide. The entity has a beta of 2.01, which indicates 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, Scilex Holding will likely underperform. At this point, Scilex Holding has a negative expected return of -1.01%. Please make sure to validate Scilex Holding's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Scilex Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Scilex Holding has very weak predictability. Overlapping area represents the amount of predictability between Scilex Holding time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Scilex Holding price movement. The serial correlation of 0.19 indicates that over 19.0% of current Scilex Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Scilex Holding lagged returns against current returns
Autocorrelation, which is Scilex Holding 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 Scilex Holding's stock expected returns. We can calculate the autocorrelation of Scilex Holding returns to help us make a trade decision. For example, suppose you find that Scilex Holding 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 |
Scilex Holding 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 Scilex Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scilex Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scilex Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Scilex Holding Lagged Returns
When evaluating Scilex Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scilex Holding stock have on its future price. Scilex Holding 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, Scilex Holding autocorrelation shows the relationship between Scilex Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Scilex Holding.
Regressed Prices |
| Timeline |
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When running Scilex Holding's price analysis, check to measure Scilex Holding'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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.