Tevogen Bio Holdings Stock Market Value
| TVGNW Stock | 0.06 0 5.66% |
| Symbol | Tevogen |
Tevogen Bio Holdings Price To Book Ratio
Is Pharmaceutical Products 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 Tevogen Bio. If investors know Tevogen 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 Tevogen Bio 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 Tevogen Bio Holdings is measured differently than its book value, which is the value of Tevogen that is recorded on the company's balance sheet. Investors also form their own opinion of Tevogen Bio's value that differs from its market value or its book value, called intrinsic value, which is Tevogen Bio'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 Tevogen Bio's market value can be influenced by many factors that don't directly affect Tevogen Bio'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 Tevogen Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tevogen Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tevogen Bio'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.
Tevogen Bio '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 Tevogen Bio'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 Tevogen Bio.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Tevogen Bio on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Tevogen Bio Holdings or generate 0.0% return on investment in Tevogen Bio over 30 days. Tevogen Bio is related to or competes with Microbot Medical, Hudson Technologies, Axalta Coating, Virco Manufacturing, Nyxoah, Skechers USA, and Postal Realty. Tevogen Bio is entity of United States. It is traded as Stock on NASDAQ exchange. More
Tevogen Bio 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 Tevogen Bio'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 Tevogen Bio Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.15 | |||
| Information Ratio | 0.1558 | |||
| Maximum Drawdown | 119.8 | |||
| Value At Risk | (27.42) | |||
| Potential Upside | 59.29 |
Tevogen Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tevogen Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tevogen Bio's standard deviation. In reality, there are many statistical measures that can use Tevogen Bio historical prices to predict the future Tevogen Bio's volatility.| Risk Adjusted Performance | 0.1319 | |||
| Jensen Alpha | 4.31 | |||
| Total Risk Alpha | 0.7431 | |||
| Sortino Ratio | 0.2301 | |||
| Treynor Ratio | (1.52) |
Tevogen Bio Holdings Backtested Returns
Tevogen Bio is out of control given 3 months investment horizon. Tevogen Bio Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.8% are justified by taking the suggested risk. Use Tevogen Bio Holdings Coefficient Of Variation of 624.4, semi deviation of 14.78, and Risk Adjusted Performance of 0.1319 to evaluate company specific risk that cannot be diversified away. Tevogen Bio holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of -2.66, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Tevogen Bio are expected to decrease by larger amounts. On the other hand, during market turmoil, Tevogen Bio is expected to outperform it. Use Tevogen Bio Holdings treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Tevogen Bio Holdings.
Auto-correlation | 0.52 |
Modest predictability
Tevogen Bio Holdings has modest predictability. Overlapping area represents the amount of predictability between Tevogen Bio time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Tevogen Bio Holdings price movement. The serial correlation of 0.52 indicates that about 52.0% of current Tevogen Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tevogen Bio Holdings lagged returns against current returns
Autocorrelation, which is Tevogen Bio 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 Tevogen Bio's stock expected returns. We can calculate the autocorrelation of Tevogen Bio returns to help us make a trade decision. For example, suppose you find that Tevogen Bio 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 |
Tevogen Bio 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 Tevogen Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tevogen Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tevogen Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Tevogen Bio Lagged Returns
When evaluating Tevogen Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tevogen Bio stock have on its future price. Tevogen Bio 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, Tevogen Bio autocorrelation shows the relationship between Tevogen Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Tevogen Bio Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Tevogen Stock Analysis
When running Tevogen Bio's price analysis, check to measure Tevogen Bio'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 Tevogen Bio is operating at the current time. Most of Tevogen Bio's value examination focuses on studying past and present price action to predict the probability of Tevogen Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tevogen Bio's price. Additionally, you may evaluate how the addition of Tevogen Bio to your portfolios can decrease your overall portfolio volatility.