Doubleverify Holdings Stock Market Value
| DV Stock | USD 19.70 0.08 0.40% |
| Symbol | DoubleVerify |
DoubleVerify Holdings Price To Book Ratio
Is Application Software space 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 DoubleVerify Holdings. If investors know DoubleVerify 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 DoubleVerify Holdings 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 (0.43) | Earnings Share 0.34 | Revenue Per Share 3.595 | Quarterly Revenue Growth 0.166 | Return On Assets 0.0399 |
The market value of DoubleVerify Holdings is measured differently than its book value, which is the value of DoubleVerify that is recorded on the company's balance sheet. Investors also form their own opinion of DoubleVerify Holdings' value that differs from its market value or its book value, called intrinsic value, which is DoubleVerify Holdings' 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 DoubleVerify Holdings' market value can be influenced by many factors that don't directly affect DoubleVerify Holdings' 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 DoubleVerify Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleVerify Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleVerify Holdings' 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.
DoubleVerify Holdings '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 DoubleVerify Holdings' 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 DoubleVerify Holdings.
| 06/02/2024 |
| 08/31/2024 |
If you would invest 0.00 in DoubleVerify Holdings on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding DoubleVerify Holdings or generate 0.0% return on investment in DoubleVerify Holdings over 90 days. DoubleVerify Holdings is related to or competes with Intuit, Snowflake, ServiceNow, Shopify, and C3 Ai. DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analytics in the Unite... More
DoubleVerify Holdings 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 DoubleVerify Holdings' 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 DoubleVerify Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.23 |
DoubleVerify Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DoubleVerify Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DoubleVerify Holdings' standard deviation. In reality, there are many statistical measures that can use DoubleVerify Holdings historical prices to predict the future DoubleVerify Holdings' volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0523 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DoubleVerify Holdings' 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.
DoubleVerify Holdings Backtested Returns
At this stage we consider DoubleVerify Stock to be very steady. DoubleVerify Holdings secures Sharpe Ratio (or Efficiency) of 0.0793, which denotes the company had a 0.0793% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for DoubleVerify Holdings, which you can use to evaluate the volatility of the firm. Please confirm DoubleVerify Holdings' Coefficient Of Variation of 2840.35, downside deviation of 1.84, and Mean Deviation of 1.61 to check if the risk estimate we provide is consistent with the expected return of 0.16%. DoubleVerify Holdings has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.19, 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, DoubleVerify Holdings will likely underperform. DoubleVerify Holdings right now shows a risk of 2.04%. Please confirm DoubleVerify Holdings value at risk, as well as the relationship between the skewness and day median price , to decide if DoubleVerify Holdings will be following its price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
DoubleVerify Holdings has good reverse predictability. Overlapping area represents the amount of predictability between DoubleVerify Holdings time series from 2nd of June 2024 to 17th of July 2024 and 17th of July 2024 to 31st of August 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 DoubleVerify Holdings price movement. The serial correlation of -0.54 indicates that about 54.0% of current DoubleVerify Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
DoubleVerify Holdings lagged returns against current returns
Autocorrelation, which is DoubleVerify Holdings 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 DoubleVerify Holdings' stock expected returns. We can calculate the autocorrelation of DoubleVerify Holdings returns to help us make a trade decision. For example, suppose you find that DoubleVerify Holdings 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 |
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DoubleVerify Holdings 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 DoubleVerify Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DoubleVerify Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DoubleVerify Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
DoubleVerify Holdings Lagged Returns
When evaluating DoubleVerify Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DoubleVerify Holdings stock have on its future price. DoubleVerify Holdings 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, DoubleVerify Holdings autocorrelation shows the relationship between DoubleVerify Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in DoubleVerify Holdings.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for DoubleVerify Stock Analysis
When running DoubleVerify Holdings' price analysis, check to measure DoubleVerify Holdings' 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 DoubleVerify Holdings is operating at the current time. Most of DoubleVerify Holdings' value examination focuses on studying past and present price action to predict the probability of DoubleVerify Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleVerify Holdings' price. Additionally, you may evaluate how the addition of DoubleVerify Holdings to your portfolios can decrease your overall portfolio volatility.