Swk Holdings Corp Stock Market Value
| SWKH Stock | USD 15.89 0.64 4.20% |
| Symbol | SWK |
SWK Holdings Corp Price To Book Ratio
Is Specialized Finance 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 SWK Holdings. If investors know SWK 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 SWK Holdings 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 0.134 | Earnings Share 0.84 | Revenue Per Share 2.063 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0387 |
The market value of SWK Holdings Corp is measured differently than its book value, which is the value of SWK that is recorded on the company's balance sheet. Investors also form their own opinion of SWK Holdings' value that differs from its market value or its book value, called intrinsic value, which is SWK Holdings' 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 SWK Holdings' market value can be influenced by many factors that don't directly affect SWK Holdings' 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 SWK Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if SWK Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWK Holdings' 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.
SWK Holdings '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 SWK Holdings' 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 SWK Holdings.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in SWK Holdings on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding SWK Holdings Corp or generate 0.0% return on investment in SWK Holdings over 30 days. SWK Holdings is related to or competes with Invesco Trust, Invesco California, GAMCO Natural, Nuveen Pennsylvania, Invesco Advantage, Pimco New, and Invesco Pennsylvania. SWK Holdings Corporation, a specialty finance company that focuses on the healthcare sector More
SWK Holdings 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 SWK Holdings' 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 SWK Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.33 |
SWK Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SWK Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SWK Holdings' standard deviation. In reality, there are many statistical measures that can use SWK Holdings historical prices to predict the future SWK Holdings' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.16) |
SWK Holdings Corp Backtested Returns
SWK Holdings Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of volatility over the last 3 months. SWK Holdings Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SWK Holdings' risk adjusted performance of (0.07), and Variance of 1.47 to confirm the risk estimate we provide. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SWK Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding SWK Holdings is expected to be smaller as well. At this point, SWK Holdings Corp has a negative expected return of -0.14%. Please make sure to validate SWK Holdings' skewness, as well as the relationship between the day median price and relative strength index , to decide if SWK Holdings Corp performance from the past will be repeated at some future point.
Auto-correlation | -0.21 |
Weak reverse predictability
SWK Holdings Corp has weak reverse predictability. Overlapping area represents the amount of predictability between SWK Holdings time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 SWK Holdings Corp price movement. The serial correlation of -0.21 indicates that over 21.0% of current SWK Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
SWK Holdings Corp lagged returns against current returns
Autocorrelation, which is SWK Holdings 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 SWK Holdings' stock expected returns. We can calculate the autocorrelation of SWK Holdings returns to help us make a trade decision. For example, suppose you find that SWK Holdings 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 |
SWK Holdings 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 SWK Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SWK Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SWK Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
SWK Holdings Lagged Returns
When evaluating SWK Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SWK Holdings stock have on its future price. SWK Holdings 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, SWK Holdings autocorrelation shows the relationship between SWK Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in SWK Holdings Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SWK Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SWK Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Swk Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Swk Holdings Corp Stock:Check out SWK Holdings Correlation, SWK Holdings Volatility and SWK Holdings Alpha and Beta module to complement your research on SWK Holdings. For more detail on how to invest in SWK Stock please use our How to Invest in SWK Holdings guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
SWK Holdings 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.