Swk Holdings Stock Market Value
| SWKHL Stock | 25.55 0.05 0.20% |
| Symbol | SWK |
SWK Holdings 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.
The market value of SWK Holdings 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 or generate 0.0% return on investment in SWK Holdings over 30 days. SWK Holdings is related to or competes with Gap,, Valneva SE, Arrow Electronics, National Vision, Coupang LLC, Cardinal Health, and Analog Devices. SWK Holdings is entity of United States. It is traded as Stock on NASDAQ exchange. 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4742 | |||
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 1.84 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6415 |
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 | 0.0594 | |||
| Jensen Alpha | 0.0235 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 3.79 |
SWK Holdings Backtested Returns
As of now, SWK Stock is very steady. SWK Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SWK Holdings, which you can use to evaluate the volatility of the company. Please validate SWK Holdings' risk adjusted performance of 0.0594, and Coefficient Of Variation of 1100.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0378%. SWK Holdings has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.0064, which indicates not very significant fluctuations relative to the market. 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. SWK Holdings presently has a risk of 0.37%. Please validate SWK Holdings expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if SWK Holdings will be following its existing price patterns.
Auto-correlation | -0.01 |
Very weak reverse predictability
SWK Holdings has very 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 price movement. The serial correlation of -0.01 indicates that just 1.0% of current SWK Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SWK Holdings 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.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out SWK Holdings Correlation, SWK Holdings Volatility and SWK Holdings Alpha and Beta module to complement your research on SWK Holdings. For more information on how to buy SWK Stock please use our How to buy in SWK 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.
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.