Thredup Stock Market Value
| TDUP Stock | USD 1.55 0.21 15.67% |
| Symbol | ThredUp |
ThredUp Price To Book Ratio
Is Specialty Retail 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 ThredUp. If investors know ThredUp 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 ThredUp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.64) | Revenue Per Share 2.846 | Quarterly Revenue Growth (0.11) | Return On Assets (0.16) | Return On Equity (0.78) |
The market value of ThredUp is measured differently than its book value, which is the value of ThredUp that is recorded on the company's balance sheet. Investors also form their own opinion of ThredUp's value that differs from its market value or its book value, called intrinsic value, which is ThredUp'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 ThredUp's market value can be influenced by many factors that don't directly affect ThredUp'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 ThredUp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ThredUp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ThredUp'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.
ThredUp '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 ThredUp'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 ThredUp.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in ThredUp on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding ThredUp or generate 0.0% return on investment in ThredUp over 30 days. ThredUp is related to or competes with Qurate Retail, Hour Loop, Solo Brands, 1StdibsCom, Natural Health, Liquidity Services, and Global E. ThredUp Inc., together with its subsidiaries, operates online resale platforms that allows consumers to buy and sell sec... More
ThredUp 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 ThredUp'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 ThredUp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.3 | |||
| Information Ratio | 0.1118 | |||
| Maximum Drawdown | 63.59 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 15.29 |
ThredUp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThredUp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ThredUp's standard deviation. In reality, there are many statistical measures that can use ThredUp historical prices to predict the future ThredUp's volatility.| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.7873 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.2036 | |||
| Treynor Ratio | 0.2997 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ThredUp'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.
ThredUp Backtested Returns
ThredUp is extremely dangerous given 3 months investment horizon. ThredUp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use ThredUp Coefficient Of Variation of 812.24, risk adjusted performance of 0.1031, and Semi Deviation of 4.39 to evaluate company specific risk that cannot be diversified away. ThredUp holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of 3.93, 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, ThredUp will likely underperform. Use ThredUp downside variance, as well as the relationship between the daily balance of power and relative strength index , to analyze future returns on ThredUp.
Auto-correlation | 0.81 |
Very good predictability
ThredUp has very good predictability. Overlapping area represents the amount of predictability between ThredUp 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 ThredUp price movement. The serial correlation of 0.81 indicates that around 81.0% of current ThredUp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
ThredUp lagged returns against current returns
Autocorrelation, which is ThredUp 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 ThredUp's stock expected returns. We can calculate the autocorrelation of ThredUp returns to help us make a trade decision. For example, suppose you find that ThredUp 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 |
ThredUp 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 ThredUp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ThredUp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ThredUp stock over time.
Current vs Lagged Prices |
| Timeline |
ThredUp Lagged Returns
When evaluating ThredUp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ThredUp stock have on its future price. ThredUp 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, ThredUp autocorrelation shows the relationship between ThredUp stock current value and its past values and can show if there is a momentum factor associated with investing in ThredUp.
Regressed Prices |
| Timeline |
Additional Tools for ThredUp Stock Analysis
When running ThredUp's price analysis, check to measure ThredUp'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 ThredUp is operating at the current time. Most of ThredUp's value examination focuses on studying past and present price action to predict the probability of ThredUp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThredUp's price. Additionally, you may evaluate how the addition of ThredUp to your portfolios can decrease your overall portfolio volatility.