Varonis Systems Stock Market Value
| VRNS Stock | USD 44.28 0.59 1.31% |
| Symbol | Varonis |
Varonis Systems Price To Book Ratio
Is Systems Software 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 Varonis Systems. If investors know Varonis 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 Varonis Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.74) | Revenue Per Share | Quarterly Revenue Growth 0.211 | Return On Assets | Return On Equity |
The market value of Varonis Systems is measured differently than its book value, which is the value of Varonis that is recorded on the company's balance sheet. Investors also form their own opinion of Varonis Systems' value that differs from its market value or its book value, called intrinsic value, which is Varonis Systems' 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 Varonis Systems' market value can be influenced by many factors that don't directly affect Varonis Systems' 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 Varonis Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Varonis Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varonis Systems' 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.
Varonis Systems '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 Varonis Systems' 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 Varonis Systems.
| 10/25/2024 |
| 01/23/2025 |
If you would invest 0.00 in Varonis Systems on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Varonis Systems or generate 0.0% return on investment in Varonis Systems over 90 days. Varonis Systems is related to or competes with CSG Systems, Evertec, Cognyte Software, Radware, Rapid7, Qualys, and CyberArk Software. Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secu... More
Varonis Systems 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 Varonis Systems' 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 Varonis Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 13.16 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 1.78 |
Varonis Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Varonis Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Varonis Systems' standard deviation. In reality, there are many statistical measures that can use Varonis Systems historical prices to predict the future Varonis Systems' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (1.32) |
Varonis Systems Backtested Returns
Varonis Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of risk over the last 3 months. Varonis Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Varonis Systems' Variance of 4.22, risk adjusted performance of (0.15), and Coefficient Of Variation of (524.57) to confirm the risk estimate we provide. The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Varonis Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Varonis Systems is expected to be smaller as well. At this point, Varonis Systems has a negative expected return of -0.39%. Please make sure to validate Varonis Systems' value at risk and rate of daily change , to decide if Varonis Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Varonis Systems has good predictability. Overlapping area represents the amount of predictability between Varonis Systems time series from 25th of October 2024 to 9th of December 2024 and 9th of December 2024 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Varonis Systems price movement. The serial correlation of 0.67 indicates that around 67.0% of current Varonis Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 2.07 |
Varonis Systems lagged returns against current returns
Autocorrelation, which is Varonis Systems 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 Varonis Systems' stock expected returns. We can calculate the autocorrelation of Varonis Systems returns to help us make a trade decision. For example, suppose you find that Varonis Systems 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 |
Varonis Systems 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 Varonis Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Varonis Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Varonis Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Varonis Systems Lagged Returns
When evaluating Varonis Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Varonis Systems stock have on its future price. Varonis Systems 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, Varonis Systems autocorrelation shows the relationship between Varonis Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Varonis Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Varonis Stock Analysis
When running Varonis Systems' price analysis, check to measure Varonis Systems' 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 Varonis Systems is operating at the current time. Most of Varonis Systems' value examination focuses on studying past and present price action to predict the probability of Varonis Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varonis Systems' price. Additionally, you may evaluate how the addition of Varonis Systems to your portfolios can decrease your overall portfolio volatility.