Qiagen Nv Stock Market Value

QGEN Stock  USD 42.75  0.05  0.12%   
Qiagen NV's market value is the price at which a share of Qiagen NV trades on a public exchange. It measures the collective expectations of Qiagen NV investors about its performance. Qiagen NV is selling at 42.75 as of the 28th of March 2024; that is 0.12 percent increase since the beginning of the trading day. The stock's open price was 42.7.
With this module, you can estimate the performance of a buy and hold strategy of Qiagen NV and determine expected loss or profit from investing in Qiagen NV over a given investment horizon. Check out Qiagen NV Correlation, Qiagen NV Volatility and Qiagen NV Alpha and Beta module to complement your research on Qiagen NV.
To learn how to invest in Qiagen Stock, please use our How to Invest in Qiagen NV guide.
Symbol

Qiagen NV Price To Book Ratio

Is Qiagen NV'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 Qiagen NV. If investors know Qiagen 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 Qiagen NV 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
0.089
Earnings Share
1.52
Revenue Per Share
8.881
Quarterly Revenue Growth
0.022
Return On Assets
0.0449
The market value of Qiagen NV is measured differently than its book value, which is the value of Qiagen that is recorded on the company's balance sheet. Investors also form their own opinion of Qiagen NV's value that differs from its market value or its book value, called intrinsic value, which is Qiagen NV'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 Qiagen NV's market value can be influenced by many factors that don't directly affect Qiagen NV'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 Qiagen NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qiagen NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qiagen NV'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.

Qiagen NV '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 Qiagen NV'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 Qiagen NV.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Qiagen NV on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Qiagen NV or generate 0.0% return on investment in Qiagen NV over 720 days. Qiagen NV is related to or competes with Mustang Bio, Moleculin Biotech, Seres Therapeutics, Madrigal Pharmaceuticals, Equillium, Kineta, and 23Andme Holding. QIAGEN N.V. offers sample to insight solutions that transform biological materials into molecular insights worldwide More

Qiagen NV 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 Qiagen NV'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 Qiagen NV upside and downside potential and time the market with a certain degree of confidence.

Qiagen NV Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Qiagen NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qiagen NV's standard deviation. In reality, there are many statistical measures that can use Qiagen NV historical prices to predict the future Qiagen NV's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Qiagen NV'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
41.4242.7644.10
Details
Intrinsic
Valuation
LowRealHigh
38.4846.7348.07
Details
Naive
Forecast
LowNextHigh
40.4741.8143.14
Details
18 Analysts
Consensus
LowTargetHigh
45.6850.2055.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Qiagen NV. Your research has to be compared to or analyzed against Qiagen NV's peers to derive any actionable benefits. When done correctly, Qiagen NV'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 Qiagen NV.

Qiagen NV Backtested Returns

Qiagen NV maintains Sharpe Ratio (i.e., Efficiency) of -0.0137, which implies the firm had a -0.0137% return per unit of risk over the last 3 months. Qiagen NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qiagen NV's Coefficient Of Variation of (21,292), variance of 1.66, and Risk Adjusted Performance of 0.0031 to confirm the risk estimate we provide. The company holds a Beta of 0.87, which implies possible diversification benefits within a given portfolio. Qiagen NV returns are very sensitive to returns on the market. As the market goes up or down, Qiagen NV is expected to follow. Qiagen NV has an expected return of -0.0183%. Please make sure to check Qiagen NV treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Qiagen NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.33  

Below average predictability

Qiagen NV has below average predictability. Overlapping area represents the amount of predictability between Qiagen NV 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 Qiagen NV price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Qiagen NV price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test-0.13
Residual Average0.0
Price Variance6.67

Qiagen NV lagged returns against current returns

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

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

Qiagen NV Lagged Returns

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

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When determining whether Qiagen NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qiagen NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qiagen Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qiagen Nv Stock:
Check out Qiagen NV Correlation, Qiagen NV Volatility and Qiagen NV Alpha and Beta module to complement your research on Qiagen NV.
To learn how to invest in Qiagen Stock, please use our How to Invest in Qiagen NV guide.
Note that the Qiagen NV information on this page should be used as a complementary analysis to other Qiagen NV'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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