Yelp Inc Stock Market Value
| YELP Stock | USD 38.02 1.66 4.18% |
| Symbol | Yelp |
Yelp Inc Price To Book Ratio
Is Interactive Media & Services 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 Yelp. If investors know Yelp 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 Yelp 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 (0.29) | Earnings Share 1.64 | Revenue Per Share 20.45 | Quarterly Revenue Growth 0.044 | Return On Assets 0.0925 |
The market value of Yelp Inc is measured differently than its book value, which is the value of Yelp that is recorded on the company's balance sheet. Investors also form their own opinion of Yelp's value that differs from its market value or its book value, called intrinsic value, which is Yelp'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 Yelp's market value can be influenced by many factors that don't directly affect Yelp'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 Yelp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yelp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yelp'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.
Yelp '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 Yelp'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 Yelp.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Yelp on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Yelp Inc or generate 0.0% return on investment in Yelp over 30 days. Yelp is related to or competes with Twilio, Snap, Baidu, and Tencent Holdings. Yelp Inc. operates a platform that connects consumers with local businesses in the United States and internationally More
Yelp 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 Yelp'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 Yelp Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.1306 | |||
| Maximum Drawdown | 8.65 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 3.13 |
Yelp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yelp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yelp's standard deviation. In reality, there are many statistical measures that can use Yelp historical prices to predict the future Yelp's volatility.| Risk Adjusted Performance | 0.1311 | |||
| Jensen Alpha | 0.2076 | |||
| Total Risk Alpha | 0.138 | |||
| Sortino Ratio | 0.1648 | |||
| Treynor Ratio | 0.2721 |
Yelp Inc Backtested Returns
Currently, Yelp Inc is very steady. Yelp Inc shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yelp Inc, which you can use to evaluate the volatility of the company. Please check out Yelp's Downside Deviation of 1.25, market risk adjusted performance of 0.2821, and Mean Deviation of 1.21 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Yelp has a performance score of 7 on a scale of 0 to 100. The firm maintains a market beta of 0.97, which attests to possible diversification benefits within a given portfolio. Yelp returns are very sensitive to returns on the market. As the market goes up or down, Yelp is expected to follow. Yelp Inc right now maintains a risk of 1.69%. Please check out Yelp Inc value at risk, as well as the relationship between the skewness and day median price , to decide if Yelp Inc will be following its historical returns.
Auto-correlation | 0.74 |
Good predictability
Yelp Inc has good predictability. Overlapping area represents the amount of predictability between Yelp time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Yelp Inc price movement. The serial correlation of 0.74 indicates that around 74.0% of current Yelp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Yelp Inc lagged returns against current returns
Autocorrelation, which is Yelp 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 Yelp's stock expected returns. We can calculate the autocorrelation of Yelp returns to help us make a trade decision. For example, suppose you find that Yelp 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 |
Yelp 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 Yelp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yelp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yelp stock over time.
Current vs Lagged Prices |
| Timeline |
Yelp Lagged Returns
When evaluating Yelp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yelp stock have on its future price. Yelp 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, Yelp autocorrelation shows the relationship between Yelp stock current value and its past values and can show if there is a momentum factor associated with investing in Yelp Inc.
Regressed Prices |
| Timeline |
Pair Trading with Yelp
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 Yelp 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 Yelp will appreciate offsetting losses from the drop in the long position's value.Moving together with Yelp Stock
Moving against Yelp Stock
| 0.88 | GROM | Grom Social Enterprises | PairCorr |
| 0.86 | MAX | MediaAlpha | PairCorr |
| 0.78 | GETY | Getty Images Holdings | PairCorr |
| 0.74 | FENG | Phoenix New Media | PairCorr |
| 0.72 | IAC | IAC Inc | PairCorr |
The ability to find closely correlated positions to Yelp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yelp 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 Yelp - 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 Yelp Inc to buy it.
The correlation of Yelp 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 Yelp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yelp Inc 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 Yelp 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 Yelp Stock Analysis
When running Yelp's price analysis, check to measure Yelp'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 Yelp is operating at the current time. Most of Yelp's value examination focuses on studying past and present price action to predict the probability of Yelp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yelp's price. Additionally, you may evaluate how the addition of Yelp to your portfolios can decrease your overall portfolio volatility.