Virgin Galactic Holdings Stock Market Value
| SPCE Stock | USD 7.50 0.35 4.90% |
| Symbol | Virgin |
Virgin Galactic Holdings Price To Book Ratio
Is Aerospace & Defense 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 Virgin Galactic. If investors know Virgin 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 Virgin Galactic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (16.26) | Revenue Per Share 0.421 | Quarterly Revenue Growth (0.77) | Return On Assets (0.22) | Return On Equity (0.78) |
The market value of Virgin Galactic Holdings is measured differently than its book value, which is the value of Virgin that is recorded on the company's balance sheet. Investors also form their own opinion of Virgin Galactic's value that differs from its market value or its book value, called intrinsic value, which is Virgin Galactic'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 Virgin Galactic's market value can be influenced by many factors that don't directly affect Virgin Galactic'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 Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virgin Galactic'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.
Virgin Galactic '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 Virgin Galactic'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 Virgin Galactic.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Virgin Galactic on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Virgin Galactic Holdings or generate 0.0% return on investment in Virgin Galactic over 30 days. Virgin Galactic is related to or competes with Planet Labs, Eve Holding, Redwire Corp, Lockheed Martin, Raytheon Technologies, Northrop Grumman, and General Dynamics. Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technolo... More
Virgin Galactic 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 Virgin Galactic'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 Virgin Galactic Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.54 | |||
| Information Ratio | 0.015 | |||
| Maximum Drawdown | 28.44 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 9.21 |
Virgin Galactic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virgin Galactic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Virgin Galactic's standard deviation. In reality, there are many statistical measures that can use Virgin Galactic historical prices to predict the future Virgin Galactic's volatility.| Risk Adjusted Performance | 0.039 | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | 0.0577 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Virgin Galactic'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.
Virgin Galactic Holdings Backtested Returns
Virgin Galactic appears to be unstable, given 3 months investment horizon. Virgin Galactic Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0723, which indicates the firm had a 0.0723% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Virgin Galactic Holdings, which you can use to evaluate the volatility of the company. Please review Virgin Galactic's Coefficient Of Variation of 2505.7, semi deviation of 4.37, and Risk Adjusted Performance of 0.039 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Virgin Galactic holds a performance score of 5. The entity has a beta of 3.4, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Virgin Galactic will likely underperform. Please check Virgin Galactic's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Virgin Galactic's existing price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Virgin Galactic Holdings has good predictability. Overlapping area represents the amount of predictability between Virgin Galactic time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 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 Virgin Galactic Holdings price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Virgin Galactic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Virgin Galactic Holdings lagged returns against current returns
Autocorrelation, which is Virgin Galactic 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 Virgin Galactic's stock expected returns. We can calculate the autocorrelation of Virgin Galactic returns to help us make a trade decision. For example, suppose you find that Virgin Galactic 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 |
Virgin Galactic 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 Virgin Galactic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Virgin Galactic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Virgin Galactic stock over time.
Current vs Lagged Prices |
| Timeline |
Virgin Galactic Lagged Returns
When evaluating Virgin Galactic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Virgin Galactic stock have on its future price. Virgin Galactic 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, Virgin Galactic autocorrelation shows the relationship between Virgin Galactic stock current value and its past values and can show if there is a momentum factor associated with investing in Virgin Galactic Holdings.
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 Virgin Galactic Holdings is a strong investment it is important to analyze Virgin Galactic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virgin Galactic's future performance. For an informed investment choice regarding Virgin Stock, refer to the following important reports:Check out Virgin Galactic Correlation, Virgin Galactic Volatility and Virgin Galactic Alpha and Beta module to complement your research on Virgin Galactic. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Virgin Galactic 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.