Shutterstock Stock Market Value
| SSTK Stock | USD 32.10 1.12 3.62% |
| Symbol | Shutterstock |
Shutterstock Price To Book Ratio
Is Interactive Media & 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 Shutterstock. If investors know Shutterstock 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 Shutterstock 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 (0.37) | Dividend Share 1.17 | Earnings Share 1.02 | Revenue Per Share 25.385 | Quarterly Revenue Growth 0.074 |
The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock'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 Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock'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 Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock'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.
Shutterstock '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 Shutterstock'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 Shutterstock.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Shutterstock on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Shutterstock or generate 0.0% return on investment in Shutterstock over 30 days. Shutterstock is related to or competes with Yelp, Match, Snap, Onfolio Holdings, Jiayin, Opera, and Twilio. Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Eu... More
Shutterstock 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 Shutterstock'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 Shutterstock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 4.15 |
Shutterstock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shutterstock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shutterstock's standard deviation. In reality, there are many statistical measures that can use Shutterstock historical prices to predict the future Shutterstock's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shutterstock'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.
Shutterstock Backtested Returns
Shutterstock owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0203, which indicates the firm had a -0.0203% return per unit of risk over the last 3 months. Shutterstock exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shutterstock's Variance of 7.73, coefficient of variation of (7,566), and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The entity has a beta of 1.57, 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, Shutterstock will likely underperform. At this point, Shutterstock has a negative expected return of -0.0568%. Please make sure to validate Shutterstock's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Shutterstock performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Shutterstock has good reverse predictability. Overlapping area represents the amount of predictability between Shutterstock 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 Shutterstock price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Shutterstock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
Shutterstock lagged returns against current returns
Autocorrelation, which is Shutterstock 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 Shutterstock's stock expected returns. We can calculate the autocorrelation of Shutterstock returns to help us make a trade decision. For example, suppose you find that Shutterstock 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 |
Shutterstock 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 Shutterstock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shutterstock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shutterstock stock over time.
Current vs Lagged Prices |
| Timeline |
Shutterstock Lagged Returns
When evaluating Shutterstock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shutterstock stock have on its future price. Shutterstock 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, Shutterstock autocorrelation shows the relationship between Shutterstock stock current value and its past values and can show if there is a momentum factor associated with investing in Shutterstock.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Shutterstock Correlation, Shutterstock Volatility and Shutterstock Alpha and Beta module to complement your research on Shutterstock. For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Shutterstock 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.