Steven Madden Stock Market Value
| SHOO Stock | USD 44.16 1.25 2.75% |
| Symbol | Steven |
Steven Madden Price To Book Ratio
Is Textiles, Apparel & Luxury Goods 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 Steven Madden. If investors know Steven 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 Steven Madden 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 (0.12) | Dividend Share 0.84 | Earnings Share 2.36 | Revenue Per Share 30.96 | Quarterly Revenue Growth 0.13 |
The market value of Steven Madden is measured differently than its book value, which is the value of Steven that is recorded on the company's balance sheet. Investors also form their own opinion of Steven Madden's value that differs from its market value or its book value, called intrinsic value, which is Steven Madden'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 Steven Madden's market value can be influenced by many factors that don't directly affect Steven Madden'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 Steven Madden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steven Madden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steven Madden'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.
Steven Madden '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 Steven Madden'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 Steven Madden.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Steven Madden on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Steven Madden or generate 0.0% return on investment in Steven Madden over 690 days. Steven Madden is related to or competes with Weyco, Continental, Rocky Brands, Designer Brands, Vera Bradley, and Wolverine World. Steven Madden, Ltd. designs, sources, markets, and sells fashion-forward branded and private label footwear, accessories... More
Steven Madden 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 Steven Madden'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 Steven Madden upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.96 |
Steven Madden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steven Madden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Steven Madden's standard deviation. In reality, there are many statistical measures that can use Steven Madden historical prices to predict the future Steven Madden's volatility.| Risk Adjusted Performance | 0.0188 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0269 |
Steven Madden Backtested Returns
As of now, Steven Stock is very steady. Steven Madden owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0135, which indicates the firm had a 0.0135% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Steven Madden, which you can use to evaluate the volatility of the company. Please validate Steven Madden's Risk Adjusted Performance of 0.0188, coefficient of variation of 5735.65, and Semi Deviation of 1.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.0236%. Steven Madden has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steven Madden's returns are expected to increase less than the market. However, during the bear market, the loss of holding Steven Madden is expected to be smaller as well. Steven Madden right now has a risk of 1.75%. Please validate Steven Madden potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Steven Madden will be following its existing price patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Steven Madden has virtually no predictability. Overlapping area represents the amount of predictability between Steven Madden time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Steven Madden price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Steven Madden price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 5.7 |
Steven Madden lagged returns against current returns
Autocorrelation, which is Steven Madden 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 Steven Madden's stock expected returns. We can calculate the autocorrelation of Steven Madden returns to help us make a trade decision. For example, suppose you find that Steven Madden 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 |
Steven Madden 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 Steven Madden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Steven Madden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Steven Madden stock over time.
Current vs Lagged Prices |
| Timeline |
Steven Madden Lagged Returns
When evaluating Steven Madden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Steven Madden stock have on its future price. Steven Madden 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, Steven Madden autocorrelation shows the relationship between Steven Madden stock current value and its past values and can show if there is a momentum factor associated with investing in Steven Madden.
Regressed Prices |
| Timeline |
Pair Trading with Steven Madden
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 Steven Madden 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 Steven Madden will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Steven Madden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steven Madden 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 Steven Madden - 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 Steven Madden to buy it.
The correlation of Steven Madden 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 Steven Madden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steven Madden 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 Steven Madden 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.Check out Steven Madden Correlation, Steven Madden Volatility and Steven Madden Alpha and Beta module to complement your research on Steven Madden. To learn how to invest in Steven Stock, please use our How to Invest in Steven Madden guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Steven Madden 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.