Scholar Rock Holding Stock Market Value
| SRRK Stock | USD 27.86 1.48 5.61% |
| Symbol | Scholar |
Scholar Rock Holding 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 Scholar Rock. If investors know Scholar 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 Scholar Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.36) | Quarterly Revenue Growth (1.00) | Return On Assets (0.67) | Return On Equity (1.83) |
The market value of Scholar Rock Holding is measured differently than its book value, which is the value of Scholar that is recorded on the company's balance sheet. Investors also form their own opinion of Scholar Rock's value that differs from its market value or its book value, called intrinsic value, which is Scholar Rock'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 Scholar Rock's market value can be influenced by many factors that don't directly affect Scholar Rock'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 Scholar Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scholar Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scholar Rock'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.
Scholar Rock '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 Scholar Rock'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 Scholar Rock.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Scholar Rock on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Scholar Rock Holding or generate 0.0% return on investment in Scholar Rock over 30 days. Scholar Rock is related to or competes with Revolution Medicines, Black Diamond, Passage Bio, Monte Rosa, Design Therapeutics, Werewolf Therapeutics, and Ikena Oncology. Scholar Rock Holding Corporation, a biopharmaceutical company, focuses on the discovery and development of medicines for... More
Scholar Rock 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 Scholar Rock'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 Scholar Rock Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.66 | |||
| Information Ratio | 0.1072 | |||
| Maximum Drawdown | 375.97 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 5.89 |
Scholar Rock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scholar Rock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scholar Rock's standard deviation. In reality, there are many statistical measures that can use Scholar Rock historical prices to predict the future Scholar Rock's volatility.| Risk Adjusted Performance | 0.0922 | |||
| Jensen Alpha | 4.77 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 1.03 | |||
| Treynor Ratio | 3.3 |
Scholar Rock Holding Backtested Returns
Scholar Rock is very risky given 3 months investment horizon. Scholar Rock Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 5.16% are justified by taking the suggested risk. Use Scholar Rock Holding Semi Deviation of 3.17, coefficient of variation of 914.46, and Risk Adjusted Performance of 0.0922 to evaluate company specific risk that cannot be diversified away. Scholar Rock holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 1.48, 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, Scholar Rock will likely underperform. Use Scholar Rock Holding downside variance, and the relationship between the sortino ratio and accumulation distribution , to analyze future returns on Scholar Rock Holding.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Scholar Rock Holding has insignificant reverse predictability. Overlapping area represents the amount of predictability between Scholar Rock time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Scholar Rock Holding price movement. The serial correlation of -0.18 indicates that over 18.0% of current Scholar Rock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
Scholar Rock Holding lagged returns against current returns
Autocorrelation, which is Scholar Rock 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 Scholar Rock's stock expected returns. We can calculate the autocorrelation of Scholar Rock returns to help us make a trade decision. For example, suppose you find that Scholar Rock 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 |
Scholar Rock 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 Scholar Rock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scholar Rock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scholar Rock stock over time.
Current vs Lagged Prices |
| Timeline |
Scholar Rock Lagged Returns
When evaluating Scholar Rock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scholar Rock stock have on its future price. Scholar Rock 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, Scholar Rock autocorrelation shows the relationship between Scholar Rock stock current value and its past values and can show if there is a momentum factor associated with investing in Scholar Rock Holding.
Regressed Prices |
| Timeline |
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Scholar Rock 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.