Select Medical Holdings Stock Market Value
| SEM Stock | USD 27.33 0.27 1.00% |
| Symbol | Select |
Select Medical Holdings Price To Book Ratio
Is Select Medical'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 Select Medical. If investors know Select 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 Select Medical 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 0.668 | Dividend Share 0.5 | Earnings Share 1.91 | Revenue Per Share 54.133 | Quarterly Revenue Growth 0.049 |
The market value of Select Medical Holdings is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Medical's value that differs from its market value or its book value, called intrinsic value, which is Select Medical'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 Select Medical's market value can be influenced by many factors that don't directly affect Select Medical'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 Select Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Medical'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.
Select Medical '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 Select Medical'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 Select Medical.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Select Medical on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Select Medical Holdings or generate 0.0% return on investment in Select Medical over 30 days. Select Medical is related to or competes with Ensign, Encompass Health, InnovAge Holding, Enhabit, Pennant, Acadia Healthcare, and Addus HomeCare. Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitat... More
Select Medical 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 Select Medical'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 Select Medical Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0019 | |||
| Maximum Drawdown | 12.75 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.43 |
Select Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Select Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Select Medical's standard deviation. In reality, there are many statistical measures that can use Select Medical historical prices to predict the future Select Medical's volatility.| Risk Adjusted Performance | 0.0351 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0024 | |||
| Treynor Ratio | 0.0519 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Select Medical'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.
Select Medical Holdings Backtested Returns
We consider Select Medical very steady. Select Medical Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0574, which indicates the firm had a 0.0574% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Select Medical Holdings, which you can use to evaluate the volatility of the company. Please validate Select Medical's Risk Adjusted Performance of 0.0351, semi deviation of 1.44, and Coefficient Of Variation of 2167.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Select Medical has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 1.52, which indicates 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, Select Medical will likely underperform. Select Medical Holdings right now has a risk of 1.95%. Please validate Select Medical maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Select Medical will be following its existing price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Select Medical Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Select Medical time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Select Medical Holdings price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Select Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
Select Medical Holdings lagged returns against current returns
Autocorrelation, which is Select Medical 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 Select Medical's stock expected returns. We can calculate the autocorrelation of Select Medical returns to help us make a trade decision. For example, suppose you find that Select Medical 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 |
Select Medical 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 Select Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Select Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Select Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Select Medical Lagged Returns
When evaluating Select Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Select Medical stock have on its future price. Select Medical 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, Select Medical autocorrelation shows the relationship between Select Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Select Medical Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Select Medical Holdings is a strong investment it is important to analyze Select Medical'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 Select Medical's future performance. For an informed investment choice regarding Select Stock, refer to the following important reports:Check out Select Medical Correlation, Select Medical Volatility and Select Medical Alpha and Beta module to complement your research on Select Medical. Note that the Select Medical Holdings information on this page should be used as a complementary analysis to other Select Medical'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Select Stock analysis
When running Select Medical's price analysis, check to measure Select Medical'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 Select Medical is operating at the current time. Most of Select Medical's value examination focuses on studying past and present price action to predict the probability of Select Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Medical's price. Additionally, you may evaluate how the addition of Select Medical to your portfolios can decrease your overall portfolio volatility.
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Select Medical 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.