Sera Prognostics Stock Market Value
| SERA Stock | USD 8.10 0.15 1.89% |
| Symbol | Sera |
Sera Prognostics 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 Sera Prognostics. If investors know Sera 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 Sera Prognostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.99) | Revenue Per Share 0.003 | Quarterly Revenue Growth (0.31) | Return On Assets (0.27) | Return On Equity (0.50) |
The market value of Sera Prognostics is measured differently than its book value, which is the value of Sera that is recorded on the company's balance sheet. Investors also form their own opinion of Sera Prognostics' value that differs from its market value or its book value, called intrinsic value, which is Sera Prognostics' 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 Sera Prognostics' market value can be influenced by many factors that don't directly affect Sera Prognostics' 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 Sera Prognostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sera Prognostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sera Prognostics' 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.
Sera Prognostics '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 Sera Prognostics' 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 Sera Prognostics.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Sera Prognostics on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Sera Prognostics or generate 0.0% return on investment in Sera Prognostics over 180 days. Sera Prognostics is related to or competes with Fate Therapeutics, and Caribou Biosciences. Sera Prognostics, Inc., a womens health diagnostic company, discovers, develops, and commercializes biomarker tests for ... More
Sera Prognostics 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 Sera Prognostics' 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 Sera Prognostics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.67 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 27.67 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 10.39 |
Sera Prognostics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sera Prognostics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sera Prognostics' standard deviation. In reality, there are many statistical measures that can use Sera Prognostics historical prices to predict the future Sera Prognostics' volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | 0.1554 | |||
| Total Risk Alpha | 0.0278 | |||
| Sortino Ratio | 0.0338 | |||
| Treynor Ratio | 0.1615 |
Sera Prognostics Backtested Returns
Sera Prognostics appears to be unstable, given 3 months investment horizon. Sera Prognostics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0376, which indicates the firm had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sera Prognostics, which you can use to evaluate the volatility of the company. Please review Sera Prognostics' Risk Adjusted Performance of 0.0362, coefficient of variation of 2877.83, and Semi Deviation of 4.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sera Prognostics holds a performance score of 2. The entity has a beta of 1.12, which indicates a somewhat significant risk relative to the market. Sera Prognostics returns are very sensitive to returns on the market. As the market goes up or down, Sera Prognostics is expected to follow. Please check Sera Prognostics' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Sera Prognostics' existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Sera Prognostics has poor predictability. Overlapping area represents the amount of predictability between Sera Prognostics time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Sera Prognostics price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Sera Prognostics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Sera Prognostics lagged returns against current returns
Autocorrelation, which is Sera Prognostics 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 Sera Prognostics' stock expected returns. We can calculate the autocorrelation of Sera Prognostics returns to help us make a trade decision. For example, suppose you find that Sera Prognostics 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 |
Sera Prognostics 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 Sera Prognostics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sera Prognostics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sera Prognostics stock over time.
Current vs Lagged Prices |
| Timeline |
Sera Prognostics Lagged Returns
When evaluating Sera Prognostics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sera Prognostics stock have on its future price. Sera Prognostics 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, Sera Prognostics autocorrelation shows the relationship between Sera Prognostics stock current value and its past values and can show if there is a momentum factor associated with investing in Sera Prognostics.
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.When determining whether Sera Prognostics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sera Prognostics' 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 Sera Prognostics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sera Prognostics Stock:Check out Sera Prognostics Correlation, Sera Prognostics Volatility and Sera Prognostics Alpha and Beta module to complement your research on Sera Prognostics. For information on how to trade Sera Stock refer to our How to Trade Sera Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Sera Prognostics 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.