Edwards Lifesciences Corp Stock Market Value

EW Stock  USD 95.15  1.73  1.85%   
Edwards Lifesciences' market value is the price at which a share of Edwards Lifesciences trades on a public exchange. It measures the collective expectations of Edwards Lifesciences Corp investors about its performance. Edwards Lifesciences is selling for under 95.15 as of the 28th of March 2024; that is 1.85 percent up since the beginning of the trading day. The stock's lowest day price was 93.59.
With this module, you can estimate the performance of a buy and hold strategy of Edwards Lifesciences Corp and determine expected loss or profit from investing in Edwards Lifesciences over a given investment horizon. Check out Edwards Lifesciences Correlation, Edwards Lifesciences Volatility and Edwards Lifesciences Alpha and Beta module to complement your research on Edwards Lifesciences.
Symbol

Edwards Lifesciences Corp Price To Book Ratio

Is Edwards Lifesciences' 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 Edwards Lifesciences. If investors know Edwards 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 Edwards Lifesciences 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
(0.06)
Earnings Share
2.3
Revenue Per Share
9.897
Quarterly Revenue Growth
0.138
Return On Assets
0.1225
The market value of Edwards Lifesciences Corp is measured differently than its book value, which is the value of Edwards that is recorded on the company's balance sheet. Investors also form their own opinion of Edwards Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Edwards Lifesciences' 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 Edwards Lifesciences' market value can be influenced by many factors that don't directly affect Edwards Lifesciences' 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 Edwards Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Edwards Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edwards Lifesciences' 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.

Edwards Lifesciences '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 Edwards Lifesciences' 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 Edwards Lifesciences.
0.00
06/07/2022
No Change 0.00  0.0 
In 1 year 9 months and 23 days
03/28/2024
0.00
If you would invest  0.00  in Edwards Lifesciences on June 7, 2022 and sell it all today you would earn a total of 0.00 from holding Edwards Lifesciences Corp or generate 0.0% return on investment in Edwards Lifesciences over 660 days. Edwards Lifesciences is related to or competes with Cigna Corp, Definitive Healthcare, Guardant Health, Laboratory, and Mednax. Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and ... More

Edwards Lifesciences 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 Edwards Lifesciences' 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 Edwards Lifesciences Corp upside and downside potential and time the market with a certain degree of confidence.

Edwards Lifesciences Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Edwards Lifesciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edwards Lifesciences' standard deviation. In reality, there are many statistical measures that can use Edwards Lifesciences historical prices to predict the future Edwards Lifesciences' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Edwards Lifesciences' 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
93.1895.2997.40
Details
Intrinsic
Valuation
LowRealHigh
85.6498.49100.60
Details
Naive
Forecast
LowNextHigh
93.5195.6297.74
Details
31 Analysts
Consensus
LowTargetHigh
83.1191.33101.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Edwards Lifesciences. Your research has to be compared to or analyzed against Edwards Lifesciences' peers to derive any actionable benefits. When done correctly, Edwards Lifesciences' 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 Edwards Lifesciences Corp.

Edwards Lifesciences Corp Backtested Returns

Edwards Lifesciences appears to be very steady, given 3 months investment horizon. Edwards Lifesciences Corp secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Edwards Lifesciences Corp, which you can use to evaluate the volatility of the firm. Please utilize Edwards Lifesciences' Coefficient Of Variation of 533.49, mean deviation of 1.36, and Downside Deviation of 1.28 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Edwards Lifesciences holds a performance score of 14. The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Edwards Lifesciences' returns are expected to increase less than the market. However, during the bear market, the loss of holding Edwards Lifesciences is expected to be smaller as well. Please check Edwards Lifesciences' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Edwards Lifesciences' price patterns will revert.

Auto-correlation

    
  0.73  

Good predictability

Edwards Lifesciences Corp has good predictability. Overlapping area represents the amount of predictability between Edwards Lifesciences time series from 7th of June 2022 to 3rd of May 2023 and 3rd of May 2023 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 Edwards Lifesciences Corp price movement. The serial correlation of 0.73 indicates that around 73.0% of current Edwards Lifesciences price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.18
Residual Average0.0
Price Variance82.38

Edwards Lifesciences Corp lagged returns against current returns

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

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

Edwards Lifesciences Lagged Returns

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

Pair Trading with Edwards Lifesciences

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 Edwards Lifesciences 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 Edwards Lifesciences will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Edwards Lifesciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edwards Lifesciences 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 Edwards Lifesciences - 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 Edwards Lifesciences Corp to buy it.
The correlation of Edwards Lifesciences 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 Edwards Lifesciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edwards Lifesciences Corp 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 Edwards Lifesciences 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.
Pair CorrelationCorrelation Matching
When determining whether Edwards Lifesciences Corp is a strong investment it is important to analyze Edwards Lifesciences' 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 Edwards Lifesciences' future performance. For an informed investment choice regarding Edwards Stock, refer to the following important reports:
Check out Edwards Lifesciences Correlation, Edwards Lifesciences Volatility and Edwards Lifesciences Alpha and Beta module to complement your research on Edwards Lifesciences.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Edwards Lifesciences' price analysis, check to measure Edwards Lifesciences' 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 Edwards Lifesciences is operating at the current time. Most of Edwards Lifesciences' value examination focuses on studying past and present price action to predict the probability of Edwards Lifesciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edwards Lifesciences' price. Additionally, you may evaluate how the addition of Edwards Lifesciences to your portfolios can decrease your overall portfolio volatility.
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Edwards Lifesciences 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 Edwards Lifesciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edwards Lifesciences 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...