Dynavax Technologies Stock Market Value
| DVAX Stock | USD 12.86 0.05 0.39% |
| Symbol | Dynavax |
Dynavax Technologies Price To Book Ratio
Is Biotechnology 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 Dynavax Technologies. If investors know Dynavax 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 Dynavax Technologies 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 0.208 | Earnings Share 0.15 | Revenue Per Share 2 | Quarterly Revenue Growth 0.16 | Return On Assets (0) |
The market value of Dynavax Technologies is measured differently than its book value, which is the value of Dynavax that is recorded on the company's balance sheet. Investors also form their own opinion of Dynavax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Dynavax Technologies' 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 Dynavax Technologies' market value can be influenced by many factors that don't directly affect Dynavax Technologies' 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 Dynavax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynavax Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynavax Technologies' 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.
Dynavax Technologies '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 Dynavax Technologies' 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 Dynavax Technologies.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dynavax Technologies on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dynavax Technologies or generate 0.0% return on investment in Dynavax Technologies over 30 days. Dynavax Technologies is related to or competes with Tff Pharmaceuticals, Eliem Therapeutics, Inhibrx, and Enliven Therapeutics. Dynavax Technologies Corporation, a biopharmaceutical company, focuses on developing and commercializing novel vaccines ... More
Dynavax Technologies 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 Dynavax Technologies' 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 Dynavax Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0523 | |||
| Maximum Drawdown | 17.05 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.69 |
Dynavax Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynavax Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynavax Technologies' standard deviation. In reality, there are many statistical measures that can use Dynavax Technologies historical prices to predict the future Dynavax Technologies' volatility.| Risk Adjusted Performance | 0.0901 | |||
| Jensen Alpha | 0.1225 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0542 | |||
| Treynor Ratio | 0.2459 |
Dynavax Technologies Backtested Returns
Dynavax Technologies appears to be not too volatile, given 3 months investment horizon. Dynavax Technologies secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dynavax Technologies, which you can use to evaluate the volatility of the firm. Please utilize Dynavax Technologies' Downside Deviation of 2.34, coefficient of variation of 918.18, and Mean Deviation of 1.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dynavax Technologies holds a performance score of 9. The firm shows a Beta (market volatility) of 1.04, which means a somewhat significant risk relative to the market. Dynavax Technologies returns are very sensitive to returns on the market. As the market goes up or down, Dynavax Technologies is expected to follow. Please check Dynavax Technologies' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Dynavax Technologies' price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Dynavax Technologies has excellent predictability. Overlapping area represents the amount of predictability between Dynavax Technologies time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Dynavax Technologies price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Dynavax Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Dynavax Technologies lagged returns against current returns
Autocorrelation, which is Dynavax Technologies 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 Dynavax Technologies' stock expected returns. We can calculate the autocorrelation of Dynavax Technologies returns to help us make a trade decision. For example, suppose you find that Dynavax Technologies 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 |
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Dynavax Technologies 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 Dynavax Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynavax Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynavax Technologies stock over time.
Current vs Lagged Prices |
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Dynavax Technologies Lagged Returns
When evaluating Dynavax Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynavax Technologies stock have on its future price. Dynavax Technologies 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, Dynavax Technologies autocorrelation shows the relationship between Dynavax Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Dynavax Technologies.
Regressed Prices |
| Timeline |
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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 Dynavax Stock Analysis
When running Dynavax Technologies' price analysis, check to measure Dynavax Technologies' 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 Dynavax Technologies is operating at the current time. Most of Dynavax Technologies' value examination focuses on studying past and present price action to predict the probability of Dynavax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynavax Technologies' price. Additionally, you may evaluate how the addition of Dynavax Technologies to your portfolios can decrease your overall portfolio volatility.