Henry Schein Stock Market Value
HSIC Stock | USD 75.15 2.27 3.11% |
Symbol | Henry |
Henry Schein Price To Book Ratio
Is Henry Schein'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 Henry Schein. If investors know Henry 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 Henry Schein 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 (0.62) | Earnings Share 3.16 | Revenue Per Share 94.466 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0453 |
The market value of Henry Schein is measured differently than its book value, which is the value of Henry that is recorded on the company's balance sheet. Investors also form their own opinion of Henry Schein's value that differs from its market value or its book value, called intrinsic value, which is Henry Schein'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 Henry Schein's market value can be influenced by many factors that don't directly affect Henry Schein'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 Henry Schein's value and its price as these two are different measures arrived at by different means. Investors typically determine if Henry Schein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Henry Schein'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.
Henry Schein '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 Henry Schein'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 Henry Schein.
04/08/2022 |
| 03/28/2024 |
If you would invest 0.00 in Henry Schein on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Henry Schein or generate 0.0% return on investment in Henry Schein over 720 days. Henry Schein is related to or competes with Microbot Medical, EUDA Health, Spectral, Definitive Healthcare, Edwards Lifesciences, Medigus, and Mednax. Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practi... More
Henry Schein 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 Henry Schein'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 Henry Schein upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.18 | |||
Information Ratio | (0.09) | |||
Maximum Drawdown | 6.98 | |||
Value At Risk | (1.75) | |||
Potential Upside | 2.65 |
Henry Schein Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Henry Schein's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Henry Schein's standard deviation. In reality, there are many statistical measures that can use Henry Schein historical prices to predict the future Henry Schein's volatility.Risk Adjusted Performance | 0.0108 | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.30) | |||
Sortino Ratio | (0.10) | |||
Treynor Ratio | 0.0014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Henry Schein'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.
Henry Schein Backtested Returns
Henry Schein holds Efficiency (Sharpe) Ratio of -0.002, which attests that the entity had a -0.002% return per unit of risk over the last 3 months. Henry Schein exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Henry Schein's Risk Adjusted Performance of 0.0108, market risk adjusted performance of 0.0114, and Downside Deviation of 1.18 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.41, 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, Henry Schein will likely underperform. Henry Schein has an expected return of -0.0028%. Please make sure to check out Henry Schein total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Henry Schein performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Henry Schein has poor predictability. Overlapping area represents the amount of predictability between Henry Schein time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 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 Henry Schein price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Henry Schein price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.28 | |
Spearman Rank Test | 0.15 | |
Residual Average | 0.0 | |
Price Variance | 20.34 |
Henry Schein lagged returns against current returns
Autocorrelation, which is Henry Schein 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 Henry Schein's stock expected returns. We can calculate the autocorrelation of Henry Schein returns to help us make a trade decision. For example, suppose you find that Henry Schein 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 |
Henry Schein 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 Henry Schein stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Henry Schein stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Henry Schein stock over time.
Current vs Lagged Prices |
Timeline |
Henry Schein Lagged Returns
When evaluating Henry Schein's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Henry Schein stock have on its future price. Henry Schein 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, Henry Schein autocorrelation shows the relationship between Henry Schein stock current value and its past values and can show if there is a momentum factor associated with investing in Henry Schein.
Regressed Prices |
Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Henry Schein Correlation, Henry Schein Volatility and Henry Schein Alpha and Beta module to complement your research on Henry Schein. For information on how to trade Henry Stock refer to our How to Trade Henry Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Henry Stock analysis
When running Henry Schein's price analysis, check to measure Henry Schein'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 Henry Schein is operating at the current time. Most of Henry Schein's value examination focuses on studying past and present price action to predict the probability of Henry Schein's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Henry Schein's price. Additionally, you may evaluate how the addition of Henry Schein to your portfolios can decrease your overall portfolio volatility.
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Henry Schein 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.