Dentsply Sirona Stock Market Value
| XRAY Stock | USD 30.36 0.43 1.40% |
| Symbol | Dentsply |
Dentsply Sirona Price To Book Ratio
Is Dentsply Sirona'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 Dentsply Sirona. If investors know Dentsply 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 Dentsply Sirona 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 0.178 | Dividend Share 0.56 | Earnings Share (0.62) | Revenue Per Share 18.703 | Quarterly Revenue Growth 0.03 |
The market value of Dentsply Sirona is measured differently than its book value, which is the value of Dentsply that is recorded on the company's balance sheet. Investors also form their own opinion of Dentsply Sirona's value that differs from its market value or its book value, called intrinsic value, which is Dentsply Sirona'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 Dentsply Sirona's market value can be influenced by many factors that don't directly affect Dentsply Sirona'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 Dentsply Sirona's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dentsply Sirona is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dentsply Sirona'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.
Dentsply Sirona '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 Dentsply Sirona'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 Dentsply Sirona.
| 07/28/2022 |
| 04/18/2024 |
If you would invest 0.00 in Dentsply Sirona on July 28, 2022 and sell it all today you would earn a total of 0.00 from holding Dentsply Sirona or generate 0.0% return on investment in Dentsply Sirona over 630 days. Dentsply Sirona is related to or competes with Merit Medical, ICU Medical, Cooper Companies, AngioDynamics, Teleflex Incorporated, West Pharmaceutical, and Alcon AG. DENTSPLY SIRONA Inc. manufactures and sells various dental products and technologies for professional dental market worl... More
Dentsply Sirona 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 Dentsply Sirona'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 Dentsply Sirona upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.21 |
Dentsply Sirona Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dentsply Sirona's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dentsply Sirona's standard deviation. In reality, there are many statistical measures that can use Dentsply Sirona historical prices to predict the future Dentsply Sirona's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dentsply Sirona'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.
Dentsply Sirona Backtested Returns
Dentsply Sirona secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Dentsply Sirona exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dentsply Sirona's Standard Deviation of 1.48, variance of 2.2, and Mean Deviation of 1.19 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.5, which means 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, Dentsply Sirona will likely underperform. Dentsply Sirona has an expected return of -0.24%. Please make sure to confirm Dentsply Sirona treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Dentsply Sirona performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Dentsply Sirona has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dentsply Sirona time series from 28th of July 2022 to 8th of June 2023 and 8th of June 2023 to 18th 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 Dentsply Sirona price movement. The serial correlation of -0.2 indicates that over 20.0% of current Dentsply Sirona price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 10.2 |
Dentsply Sirona lagged returns against current returns
Autocorrelation, which is Dentsply Sirona 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 Dentsply Sirona's stock expected returns. We can calculate the autocorrelation of Dentsply Sirona returns to help us make a trade decision. For example, suppose you find that Dentsply Sirona 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 |
Dentsply Sirona 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 Dentsply Sirona stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dentsply Sirona stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dentsply Sirona stock over time.
Current vs Lagged Prices |
| Timeline |
Dentsply Sirona Lagged Returns
When evaluating Dentsply Sirona's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dentsply Sirona stock have on its future price. Dentsply Sirona 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, Dentsply Sirona autocorrelation shows the relationship between Dentsply Sirona stock current value and its past values and can show if there is a momentum factor associated with investing in Dentsply Sirona.
Regressed Prices |
| Timeline |
Dentsply Sirona Investors Sentiment
The influence of Dentsply Sirona's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dentsply. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dentsply Sirona's public news can be used to forecast risks associated with an investment in Dentsply. The trend in average sentiment can be used to explain how an investor holding Dentsply can time the market purely based on public headlines and social activities around Dentsply Sirona. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dentsply Sirona's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dentsply Sirona's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dentsply Sirona's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dentsply Sirona.
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 Dentsply Sirona 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, Dentsply Sirona's short interest history, or implied volatility extrapolated from Dentsply Sirona options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dentsply Sirona offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dentsply Sirona'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 Dentsply Sirona Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dentsply Sirona Stock:Check out Dentsply Sirona Correlation, Dentsply Sirona Volatility and Dentsply Sirona Alpha and Beta module to complement your research on Dentsply Sirona. For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.Note that the Dentsply Sirona information on this page should be used as a complementary analysis to other Dentsply Sirona'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running Dentsply Sirona's price analysis, check to measure Dentsply Sirona'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 Dentsply Sirona is operating at the current time. Most of Dentsply Sirona's value examination focuses on studying past and present price action to predict the probability of Dentsply Sirona's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsply Sirona's price. Additionally, you may evaluate how the addition of Dentsply Sirona to your portfolios can decrease your overall portfolio volatility.
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Dentsply Sirona 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.