Sentinelone Stock Beta

S Stock  USD 22.68  0.46  2.07%   
SentinelOne fundamentals help investors to digest information that contributes to SentinelOne's financial success or failures. It also enables traders to predict the movement of SentinelOne Stock. The fundamental analysis module provides a way to measure SentinelOne's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SentinelOne stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SentinelOne Beta Analysis

SentinelOne's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2021 2022 2023 2024 (projected)
Other Non Cash Items24.1M26.6M395.8M415.6M
Depreciation7.9M29.7M38.9M40.9M

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current SentinelOne Beta

    
  0.71  
Most of SentinelOne's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SentinelOne is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SentinelOne Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for SentinelOne is extremely important. It helps to project a fair market value of SentinelOne Stock properly, considering its historical fundamentals such as Beta. Since SentinelOne's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SentinelOne's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SentinelOne's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, SentinelOne has a Beta of 0.712. This is 32.83% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

SentinelOne Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SentinelOne's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SentinelOne could also be used in its relative valuation, which is a method of valuing SentinelOne by comparing valuation metrics of similar companies.
SentinelOne is currently under evaluation in beta category among related companies.

SentinelOne Institutional Holders

Institutional Holdings refers to the ownership stake in SentinelOne that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SentinelOne's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SentinelOne's value.
Shares
Trivest Advisors Ltd2023-12-31
5.2 M
Citadel Advisors Llc2023-09-30
5.2 M
Capital Research Global Investors2023-12-31
5.1 M
Ing Investment Management Llc2023-12-31
4.7 M
State Street Corporation2023-12-31
4.2 M
Sylebra Hk Co Ltd2023-09-30
3.9 M
Geode Capital Management, Llc2023-12-31
3.6 M
Two Sigma Investments Llc2023-12-31
3.6 M
Jpmorgan Chase & Co2023-12-31
3.1 M
Insight Holdings Group, Llc2023-12-31
34.6 M
Vanguard Group Inc2023-12-31
23.5 M
As returns on the market increase, SentinelOne's returns are expected to increase less than the market. However, during the bear market, the loss of holding SentinelOne is expected to be smaller as well.

SentinelOne Fundamentals

About SentinelOne Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SentinelOne's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SentinelOne using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SentinelOne based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. SentinelOne, Inc. was incorporated in 2013 and is headquartered in Mountain View, California. Sentinelone Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 1800 people.

Currently Active Assets on Macroaxis

When determining whether SentinelOne is a strong investment it is important to analyze SentinelOne's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SentinelOne's future performance. For an informed investment choice regarding SentinelOne Stock, refer to the following important reports:
Check out SentinelOne Piotroski F Score and SentinelOne Altman Z Score analysis.
For more information on how to buy SentinelOne Stock please use our How to Invest in SentinelOne guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running SentinelOne's price analysis, check to measure SentinelOne'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 SentinelOne is operating at the current time. Most of SentinelOne's value examination focuses on studying past and present price action to predict the probability of SentinelOne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SentinelOne's price. Additionally, you may evaluate how the addition of SentinelOne to your portfolios can decrease your overall portfolio volatility.
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Is SentinelOne'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 SentinelOne. If investors know SentinelOne 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 SentinelOne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.24)
Revenue Per Share
2.106
Quarterly Revenue Growth
0.381
Return On Assets
(0.10)
Return On Equity
(0.21)
The market value of SentinelOne is measured differently than its book value, which is the value of SentinelOne that is recorded on the company's balance sheet. Investors also form their own opinion of SentinelOne's value that differs from its market value or its book value, called intrinsic value, which is SentinelOne'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 SentinelOne's market value can be influenced by many factors that don't directly affect SentinelOne'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 SentinelOne's value and its price as these two are different measures arrived at by different means. Investors typically determine if SentinelOne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SentinelOne'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.