Dynavax Stock Market Value

DVAX -  USA Stock  

USD 18.79  2.99  18.92%

Dynavax Technologies' market value is the price at which a share of Dynavax Technologies stock trades on a public exchange. It measures the collective expectations of Dynavax Technologies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Dynavax Technologies and determine expected loss or profit from investing in Dynavax Technologies over a given investment horizon. Continue to Dynavax Technologies Hype Analysis, Dynavax Technologies Correlation, Dynavax Technologies Valuation, Dynavax Technologies Volatility, as well as analyze Dynavax Technologies Alpha and Beta and Dynavax Technologies Performance.
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Backtest


The market value of Dynavax Technologies is measured differently than its book value, which is the value of Dynavax that is recorded on the company's balance sheet. Investors also form their own opinion of Dynavax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Dynavax Technologies' 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 Dynavax Technologies' market value can be influenced by many factors that don't directly affect Dynavax Technologies underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dynavax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Dynavax Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynavax Technologies' 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.

Dynavax Technologies '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 Dynavax Technologies' 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 Dynavax Technologies.
0.00
06/29/2021
No Change 0.00  0.0 
In 3 months and 1 day
09/27/2021
0.00
If you would invest  0.00  in Dynavax Technologies on June 29, 2021 and sell it all today you would earn a total of 0.00 from holding Dynavax Technologies or generate 0.0% return on investment in Dynavax Technologies over 90 days. Dynavax Technologies is related to or competes with Equillium, Diamedica Therapeutics, Denali Therapeutics, Dicerna Pharmaceutic, Design Therapeutics, Precision Biosciences, and Dynavax Technologies. Dynavax Technologies Corporation, a biopharmaceutical company, focuses on developing and commercializing novel vaccines ...

Dynavax Technologies 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 Dynavax Technologies' 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 Dynavax Technologies upside and downside potential and time the market with a certain degree of confidence.

Dynavax Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynavax Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynavax Technologies' standard deviation. In reality, there are many statistical measures that can use Dynavax Technologies historical prices to predict the future Dynavax Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dynavax Technologies' 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. Please use the tools below to analyze the current value of Dynavax Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.0319.7925.55
Details
Intrinsic
Valuation
LowReal ValueHigh
12.0517.8123.57
Details
Naive
Forecast
LowNext ValueHigh
11.0716.8222.58
Details
3 Analysts
Consensus
LowTarget PriceHigh
20.0021.5023.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dynavax Technologies. Your research has to be compared to or analyzed against Dynavax Technologies' peers to derive any actionable benefits. When done correctly, Dynavax Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dynavax Technologies.

Dynavax Technologies Backtested Returns

Dynavax Technologies is somewhat reliable given 3 months investment horizon. Dynavax Technologies secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had 0.21% of return per unit of risk over the last 3 months. Our standpoint towards predicting the risk of a stock is to use both market data as well as company specific technical data. We were able to analyze twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Dynavax Technologies Mean Deviation of 3.86, downside deviation of 4.53, and Coefficient Of Variation of 457.69 to evaluate company specific risk that cannot be diversified away.
Dynavax Technologies holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.048, which means not very significant fluctuations relative to the market. Let's try to break down what Dynavax's beta means in this case. As returns on the market increase, returns on owning Dynavax Technologies are expected to decrease at a much lower rate. During the bear market, Dynavax Technologies is likely to outperform the market. Although it is vital to follow Dynavax Technologies historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy towards predicting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Dynavax Technologies expected return of 1.22 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Dynavax Technologies coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to analyze future returns on Dynavax Technologies.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.04   

Virtually no predictability

Dynavax Technologies has virtually no predictability. Overlapping area represents the amount of predictability between Dynavax Technologies time series from 29th of June 2021 to 13th of August 2021 and 13th of August 2021 to 27th of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dynavax Technologies price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Dynavax Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.04
Spearman Rank Test-0.02
Residual Average0.0
Price Variance6.14

Dynavax Technologies lagged returns against current returns

Autocorrelation, which is Dynavax Technologies 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 Dynavax Technologies' stock expected returns. We can calculate the autocorrelation of Dynavax Technologies returns to help us make a trade decision. For example, suppose you find that Dynavax Technologies stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Dynavax Technologies 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 Dynavax Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynavax Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynavax Technologies stock over time.
 Current vs Lagged Prices 
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      Timeline 

Dynavax Technologies Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dynavax Technologies without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Dynavax Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dynavax Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dynavax Technologies will appreciate offsetting losses from the drop in the long position's value.

Dynavax Technologies Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Dynavax Technologies and Equillium. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Dynavax Technologies Hype Analysis, Dynavax Technologies Correlation, Dynavax Technologies Valuation, Dynavax Technologies Volatility, as well as analyze Dynavax Technologies Alpha and Beta and Dynavax Technologies Performance. Note that the Dynavax Technologies information on this page should be used as a complementary analysis to other Dynavax Technologies' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Dynavax Stock analysis

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