Chewy Inc Stock Market Value
| CHWY Stock | USD 34.89 0.98 2.73% |
| Symbol | Chewy |
Chewy Inc Company Valuation
Is Other Specialty Retail 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 Chewy. If investors know Chewy 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 Chewy 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 13.424 | Earnings Share 0.83 | Revenue Per Share 26.197 | Quarterly Revenue Growth 0.026 | Return On Assets 0.0135 |
The market value of Chewy Inc is measured differently than its book value, which is the value of Chewy that is recorded on the company's balance sheet. Investors also form their own opinion of Chewy's value that differs from its market value or its book value, called intrinsic value, which is Chewy'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 Chewy's market value can be influenced by many factors that don't directly affect Chewy'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 Chewy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chewy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chewy'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.
Chewy '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 Chewy'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 Chewy.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Chewy on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Chewy Inc or generate 0.0% return on investment in Chewy over 30 days. Chewy is related to or competes with Sea, Wayfair, MercadoLibre, PDD Holdings, Etsy, JD, and Alibaba Group. Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States More
Chewy 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 Chewy'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 Chewy Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.1159 | |||
| Maximum Drawdown | 15.78 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 6.34 |
Chewy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chewy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chewy's standard deviation. In reality, there are many statistical measures that can use Chewy historical prices to predict the future Chewy's volatility.| Risk Adjusted Performance | 0.1226 | |||
| Jensen Alpha | 0.3638 | |||
| Total Risk Alpha | 0.0539 | |||
| Sortino Ratio | 0.1578 | |||
| Treynor Ratio | 0.4649 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chewy'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.
Chewy Inc Backtested Returns
Chewy appears to be very steady, given 3 months investment horizon. Chewy Inc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Chewy's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Chewy's risk adjusted performance of 0.1226, and Mean Deviation of 2.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chewy holds a performance score of 13. The firm shows a Beta (market volatility) of 1.0, which signifies possible diversification benefits within a given portfolio. Chewy returns are very sensitive to returns on the market. As the market goes up or down, Chewy is expected to follow. Please check Chewy's potential upside, and the relationship between the jensen alpha and accumulation distribution , to make a quick decision on whether Chewy's price patterns will revert.
Auto-correlation | 0.77 |
Good predictability
Chewy Inc has good predictability. Overlapping area represents the amount of predictability between Chewy 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 Chewy Inc price movement. The serial correlation of 0.77 indicates that around 77.0% of current Chewy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
Chewy Inc lagged returns against current returns
Autocorrelation, which is Chewy 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 Chewy's stock expected returns. We can calculate the autocorrelation of Chewy returns to help us make a trade decision. For example, suppose you find that Chewy 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 |
Chewy 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 Chewy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chewy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chewy stock over time.
Current vs Lagged Prices |
| Timeline |
Chewy Lagged Returns
When evaluating Chewy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chewy stock have on its future price. Chewy 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, Chewy autocorrelation shows the relationship between Chewy stock current value and its past values and can show if there is a momentum factor associated with investing in Chewy Inc.
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.Additional Tools for Chewy Stock Analysis
When running Chewy's price analysis, check to measure Chewy'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 Chewy is operating at the current time. Most of Chewy's value examination focuses on studying past and present price action to predict the probability of Chewy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chewy's price. Additionally, you may evaluate how the addition of Chewy to your portfolios can decrease your overall portfolio volatility.