Usana Health Sciences Stock Market Value
| USNA Stock | USD 39.90 0.54 1.37% |
| Symbol | USANA |
USANA Health Sciences Price To Book Ratio
Is Personal Care 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 USANA Health. If investors know USANA 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 USANA Health 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 (0.06) | Earnings Share 2.83 | Revenue Per Share 45.085 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0809 |
The market value of USANA Health Sciences is measured differently than its book value, which is the value of USANA that is recorded on the company's balance sheet. Investors also form their own opinion of USANA Health's value that differs from its market value or its book value, called intrinsic value, which is USANA Health'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 USANA Health's market value can be influenced by many factors that don't directly affect USANA Health'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 USANA Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if USANA Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USANA Health'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.
USANA Health '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 USANA Health'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 USANA Health.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in USANA Health on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding USANA Health Sciences or generate 0.0% return on investment in USANA Health over 30 days. USANA Health is related to or competes with J J, Lancaster Colony, Seneca Foods, Bridgford Foods, Bellring Brands, Post Holdings, and Simply Good. USANA Health Sciences, Inc. develops, manufactures, and sells science-based nutritional and personal care products More
USANA Health 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 USANA Health'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 USANA Health Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.68 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 3.62 |
USANA Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for USANA Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as USANA Health's standard deviation. In reality, there are many statistical measures that can use USANA Health historical prices to predict the future USANA Health's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0346 |
USANA Health Sciences Backtested Returns
USANA Health Sciences retains Efficiency (Sharpe Ratio) of -0.0117, which indicates the firm had a -0.0117% return per unit of volatility over the last 3 months. USANA Health exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate USANA Health's risk adjusted performance of 0.0208, and Downside Deviation of 2.16 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.89, which indicates possible diversification benefits within a given portfolio. USANA Health returns are very sensitive to returns on the market. As the market goes up or down, USANA Health is expected to follow. At this point, USANA Health Sciences has a negative expected return of -0.0251%. Please make sure to validate USANA Health's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if USANA Health Sciences performance from the past will be repeated at future time.
Auto-correlation | -0.38 |
Poor reverse predictability
USANA Health Sciences has poor reverse predictability. Overlapping area represents the amount of predictability between USANA Health 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 USANA Health Sciences price movement. The serial correlation of -0.38 indicates that just about 38.0% of current USANA Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
USANA Health Sciences lagged returns against current returns
Autocorrelation, which is USANA Health 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 USANA Health's stock expected returns. We can calculate the autocorrelation of USANA Health returns to help us make a trade decision. For example, suppose you find that USANA Health 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 |
USANA Health 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 USANA Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if USANA Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in USANA Health stock over time.
Current vs Lagged Prices |
| Timeline |
USANA Health Lagged Returns
When evaluating USANA Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of USANA Health stock have on its future price. USANA Health 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, USANA Health autocorrelation shows the relationship between USANA Health stock current value and its past values and can show if there is a momentum factor associated with investing in USANA Health Sciences.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether USANA Health Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USANA Health's 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 Usana Health Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Usana Health Sciences Stock:Check out USANA Health Correlation, USANA Health Volatility and USANA Health Alpha and Beta module to complement your research on USANA Health. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
USANA Health 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.