Cyberark Software Stock Market Value
| CYBR Stock | USD 300.76 6.20 2.10% |
| Symbol | CyberArk |
CyberArk Software 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 CyberArk Software. If investors know CyberArk 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 CyberArk Software 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 (0.43) | Earnings Share (0.29) | Revenue Per Share 20.34 | Quarterly Revenue Growth 0.278 | Return On Assets (0.02) |
The market value of CyberArk Software is measured differently than its book value, which is the value of CyberArk that is recorded on the company's balance sheet. Investors also form their own opinion of CyberArk Software's value that differs from its market value or its book value, called intrinsic value, which is CyberArk Software'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 CyberArk Software's market value can be influenced by many factors that don't directly affect CyberArk Software'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 CyberArk Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if CyberArk Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CyberArk Software'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.
CyberArk Software '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 CyberArk Software'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 CyberArk Software.
| 10/14/2024 |
| 11/13/2024 |
If you would invest 0.00 in CyberArk Software on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding CyberArk Software or generate 0.0% return on investment in CyberArk Software over 30 days. CyberArk Software is related to or competes with F5 Networks, Qualys, VeriSign, Amdocs, Tenable Holdings, Varonis Systems, and SentinelOne. CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions a... More
CyberArk Software 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 CyberArk Software'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 CyberArk Software upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.0017 | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.64 |
CyberArk Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CyberArk Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CyberArk Software's standard deviation. In reality, there are many statistical measures that can use CyberArk Software historical prices to predict the future CyberArk Software's volatility.| Risk Adjusted Performance | 0.0858 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0018 | |||
| Treynor Ratio | 0.1488 |
CyberArk Software Backtested Returns
Currently, CyberArk Software is very steady. CyberArk Software secures Sharpe Ratio (or Efficiency) of 0.0884, which signifies that the company had a 0.0884% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for CyberArk Software, which you can use to evaluate the volatility of the firm. Please confirm CyberArk Software's risk adjusted performance of 0.0858, and Mean Deviation of 1.23 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. CyberArk Software has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. CyberArk Software returns are very sensitive to returns on the market. As the market goes up or down, CyberArk Software is expected to follow. CyberArk Software right now shows a risk of 1.67%. Please confirm CyberArk Software coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if CyberArk Software will be following its price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
CyberArk Software has very good reverse predictability. Overlapping area represents the amount of predictability between CyberArk Software time series from 14th of October 2024 to 29th of October 2024 and 29th of October 2024 to 13th 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 CyberArk Software price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current CyberArk Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 82.06 |
CyberArk Software lagged returns against current returns
Autocorrelation, which is CyberArk Software 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 CyberArk Software's stock expected returns. We can calculate the autocorrelation of CyberArk Software returns to help us make a trade decision. For example, suppose you find that CyberArk Software 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 |
CyberArk Software 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 CyberArk Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CyberArk Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CyberArk Software stock over time.
Current vs Lagged Prices |
| Timeline |
CyberArk Software Lagged Returns
When evaluating CyberArk Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CyberArk Software stock have on its future price. CyberArk Software 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, CyberArk Software autocorrelation shows the relationship between CyberArk Software stock current value and its past values and can show if there is a momentum factor associated with investing in CyberArk Software.
Regressed Prices |
| Timeline |
Pair Trading with CyberArk Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CyberArk Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CyberArk Software will appreciate offsetting losses from the drop in the long position's value.Moving together with CyberArk Stock
Moving against CyberArk Stock
The ability to find closely correlated positions to CyberArk Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CyberArk Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CyberArk Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CyberArk Software to buy it.
The correlation of CyberArk Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CyberArk Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CyberArk Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CyberArk Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for CyberArk Stock Analysis
When running CyberArk Software's price analysis, check to measure CyberArk Software'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 CyberArk Software is operating at the current time. Most of CyberArk Software's value examination focuses on studying past and present price action to predict the probability of CyberArk Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CyberArk Software's price. Additionally, you may evaluate how the addition of CyberArk Software to your portfolios can decrease your overall portfolio volatility.