Hutchmed Drc Stock Market Value

HCM Stock  USD 16.85  0.20  1.20%   
HUTCHMED DRC's market value is the price at which a share of HUTCHMED DRC trades on a public exchange. It measures the collective expectations of HUTCHMED DRC investors about its performance. HUTCHMED DRC is selling at 16.85 as of the 28th of March 2024; that is 1.20 percent increase since the beginning of the trading day. The stock's lowest day price was 16.55.
With this module, you can estimate the performance of a buy and hold strategy of HUTCHMED DRC and determine expected loss or profit from investing in HUTCHMED DRC over a given investment horizon. Check out HUTCHMED DRC Correlation, HUTCHMED DRC Volatility and HUTCHMED DRC Alpha and Beta module to complement your research on HUTCHMED DRC.
To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.
Symbol

HUTCHMED DRC Price To Book Ratio

Is HUTCHMED DRC's industry 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 HUTCHMED DRC. If investors know HUTCHMED 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 HUTCHMED DRC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.6
Revenue Per Share
4.93
Quarterly Revenue Growth
0.36
Return On Assets
0.01
Return On Equity
0.1465
The market value of HUTCHMED DRC is measured differently than its book value, which is the value of HUTCHMED that is recorded on the company's balance sheet. Investors also form their own opinion of HUTCHMED DRC's value that differs from its market value or its book value, called intrinsic value, which is HUTCHMED DRC'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 HUTCHMED DRC's market value can be influenced by many factors that don't directly affect HUTCHMED DRC'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 HUTCHMED DRC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUTCHMED DRC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUTCHMED DRC'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.

HUTCHMED DRC '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 HUTCHMED DRC'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 HUTCHMED DRC.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in HUTCHMED DRC on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding HUTCHMED DRC or generate 0.0% return on investment in HUTCHMED DRC over 30 days. HUTCHMED DRC is related to or competes with Agilent Technologies, Mustang Bio, Moleculin Biotech, Seres Therapeutics, Madrigal Pharmaceuticals, Equillium, and Kineta. HUTCHMED Limited discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immuno... More

HUTCHMED DRC 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 HUTCHMED DRC'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 HUTCHMED DRC upside and downside potential and time the market with a certain degree of confidence.

HUTCHMED DRC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HUTCHMED DRC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUTCHMED DRC's standard deviation. In reality, there are many statistical measures that can use HUTCHMED DRC historical prices to predict the future HUTCHMED DRC's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HUTCHMED DRC'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.
Hype
Prediction
LowEstimatedHigh
12.4016.8521.30
Details
Intrinsic
Valuation
LowRealHigh
15.1723.4927.94
Details
Naive
Forecast
LowNextHigh
12.9117.3621.82
Details
10 Analysts
Consensus
LowTargetHigh
42.5446.7551.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HUTCHMED DRC. Your research has to be compared to or analyzed against HUTCHMED DRC's peers to derive any actionable benefits. When done correctly, HUTCHMED DRC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HUTCHMED DRC.

HUTCHMED DRC Backtested Returns

HUTCHMED DRC holds Efficiency (Sharpe) Ratio of -0.0051, which attests that the entity had a -0.0051% return per unit of volatility over the last 3 months. HUTCHMED DRC exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HUTCHMED DRC's risk adjusted performance of 0.0188, and Market Risk Adjusted Performance of 0.0376 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.48, which attests to 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, HUTCHMED DRC will likely underperform. HUTCHMED DRC has an expected return of -0.0226%. Please make sure to check out HUTCHMED DRC expected short fall, and the relationship between the value at risk and daily balance of power , to decide if HUTCHMED DRC performance from the past will be repeated at some future point.

Auto-correlation

    
  0.30  

Below average predictability

HUTCHMED DRC has below average predictability. Overlapping area represents the amount of predictability between HUTCHMED DRC time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 HUTCHMED DRC price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current HUTCHMED DRC price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.11
Residual Average0.0
Price Variance0.31

HUTCHMED DRC lagged returns against current returns

Autocorrelation, which is HUTCHMED DRC 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 HUTCHMED DRC's stock expected returns. We can calculate the autocorrelation of HUTCHMED DRC returns to help us make a trade decision. For example, suppose you find that HUTCHMED DRC 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  

HUTCHMED DRC 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 HUTCHMED DRC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUTCHMED DRC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUTCHMED DRC stock over time.
   Current vs Lagged Prices   
       Timeline  

HUTCHMED DRC Lagged Returns

When evaluating HUTCHMED DRC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUTCHMED DRC stock have on its future price. HUTCHMED DRC 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, HUTCHMED DRC autocorrelation shows the relationship between HUTCHMED DRC stock current value and its past values and can show if there is a momentum factor associated with investing in HUTCHMED DRC.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HUTCHMED DRC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HUTCHMED DRC's short interest history, or implied volatility extrapolated from HUTCHMED DRC options trading.

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When determining whether HUTCHMED DRC is a strong investment it is important to analyze HUTCHMED DRC'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 HUTCHMED DRC's future performance. For an informed investment choice regarding HUTCHMED Stock, refer to the following important reports:
Check out HUTCHMED DRC Correlation, HUTCHMED DRC Volatility and HUTCHMED DRC Alpha and Beta module to complement your research on HUTCHMED DRC.
To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.
Note that the HUTCHMED DRC information on this page should be used as a complementary analysis to other HUTCHMED DRC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running HUTCHMED DRC's price analysis, check to measure HUTCHMED DRC'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 HUTCHMED DRC is operating at the current time. Most of HUTCHMED DRC's value examination focuses on studying past and present price action to predict the probability of HUTCHMED DRC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HUTCHMED DRC's price. Additionally, you may evaluate how the addition of HUTCHMED DRC to your portfolios can decrease your overall portfolio volatility.
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HUTCHMED DRC 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.
A focus of HUTCHMED DRC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HUTCHMED DRC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...