Wixcom Stock Market Value
| WIX Stock | USD 121.41 0.36 0.30% |
| Symbol | WixCom |
WixCom Price To Book Ratio
Is WixCom's industry 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 WixCom. If investors know WixCom 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 WixCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.57 | Revenue Per Share 27.48 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0021 | Return On Equity (7.54) |
The market value of WixCom is measured differently than its book value, which is the value of WixCom that is recorded on the company's balance sheet. Investors also form their own opinion of WixCom's value that differs from its market value or its book value, called intrinsic value, which is WixCom'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 WixCom's market value can be influenced by many factors that don't directly affect WixCom'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 WixCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if WixCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WixCom'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.
WixCom '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 WixCom'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 WixCom.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in WixCom on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding WixCom or generate 0.0% return on investment in WixCom over 30 days. WixCom is related to or competes with Crowdstrike Holdings, Cloudflare, Palo Alto, Zscaler, Uipath, Adobe Systems, and Nutanix. Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create ... More
WixCom 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 WixCom'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 WixCom upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.31 |
WixCom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WixCom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WixCom's standard deviation. In reality, there are many statistical measures that can use WixCom historical prices to predict the future WixCom's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WixCom'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.
WixCom Backtested Returns
WixCom shows Sharpe Ratio of -0.0399, which attests that the company had a -0.0399% return per unit of risk over the last 3 months. WixCom exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WixCom's Mean Deviation of 1.39, standard deviation of 1.86, and Market Risk Adjusted Performance of (0.01) to validate the risk estimate we provide. The firm maintains a market beta of 1.65, which attests to 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, WixCom will likely underperform. WixCom has an expected return of -0.0746%. Please make sure to check out WixCom treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if WixCom performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
WixCom has good predictability. Overlapping area represents the amount of predictability between WixCom time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 WixCom price movement. The serial correlation of 0.75 indicates that around 75.0% of current WixCom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 30.38 |
WixCom lagged returns against current returns
Autocorrelation, which is WixCom 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 WixCom's stock expected returns. We can calculate the autocorrelation of WixCom returns to help us make a trade decision. For example, suppose you find that WixCom 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 |
WixCom 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 WixCom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WixCom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WixCom stock over time.
Current vs Lagged Prices |
| Timeline |
WixCom Lagged Returns
When evaluating WixCom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WixCom stock have on its future price. WixCom 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, WixCom autocorrelation shows the relationship between WixCom stock current value and its past values and can show if there is a momentum factor associated with investing in WixCom.
Regressed Prices |
| Timeline |
WixCom Investors Sentiment
The influence of WixCom's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WixCom. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WixCom's public news can be used to forecast risks associated with an investment in WixCom. The trend in average sentiment can be used to explain how an investor holding WixCom can time the market purely based on public headlines and social activities around WixCom. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WixCom's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WixCom's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WixCom's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WixCom.
WixCom Implied Volatility | 53.41 |
WixCom's implied volatility exposes the market's sentiment of WixCom stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if WixCom's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that WixCom stock will not fluctuate a lot when WixCom's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WixCom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WixCom's short interest history, or implied volatility extrapolated from WixCom options trading.
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 WixCom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WixCom'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 Wixcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wixcom Stock:Check out WixCom Correlation, WixCom Volatility and WixCom Alpha and Beta module to complement your research on WixCom. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for WixCom Stock analysis
When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.
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WixCom 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.