Gilead Sciences Stock Market Value

GILD Stock  USD 73.01  0.60  0.83%   
Gilead Sciences' market value is the price at which a share of Gilead Sciences trades on a public exchange. It measures the collective expectations of Gilead Sciences investors about its performance. Gilead Sciences is trading at 73.01 as of the 28th of March 2024, a 0.83% increase since the beginning of the trading day. The stock's lowest day price was 72.55.
With this module, you can estimate the performance of a buy and hold strategy of Gilead Sciences and determine expected loss or profit from investing in Gilead Sciences over a given investment horizon. Check out Gilead Sciences Correlation, Gilead Sciences Volatility and Gilead Sciences Alpha and Beta module to complement your research on Gilead Sciences.
For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.
Symbol

Gilead Sciences Price To Book Ratio

Is Gilead Sciences' 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 Gilead Sciences. If investors know Gilead 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 Gilead Sciences 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
(0.13)
Dividend Share
3
Earnings Share
4.5
Revenue Per Share
21.728
Quarterly Revenue Growth
(0.04)
The market value of Gilead Sciences is measured differently than its book value, which is the value of Gilead that is recorded on the company's balance sheet. Investors also form their own opinion of Gilead Sciences' value that differs from its market value or its book value, called intrinsic value, which is Gilead Sciences' 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 Gilead Sciences' market value can be influenced by many factors that don't directly affect Gilead Sciences' 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 Gilead Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gilead Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gilead Sciences' 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.

Gilead Sciences '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 Gilead Sciences' 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 Gilead Sciences.
0.00
07/02/2023
No Change 0.00  0.0 
In 8 months and 28 days
03/28/2024
0.00
If you would invest  0.00  in Gilead Sciences on July 2, 2023 and sell it all today you would earn a total of 0.00 from holding Gilead Sciences or generate 0.0% return on investment in Gilead Sciences over 270 days. Gilead Sciences is related to or competes with Agilent Technologies, Equillium, and Mediwound. Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of un... More

Gilead Sciences 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 Gilead Sciences' 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 Gilead Sciences upside and downside potential and time the market with a certain degree of confidence.

Gilead Sciences Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gilead Sciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gilead Sciences' standard deviation. In reality, there are many statistical measures that can use Gilead Sciences historical prices to predict the future Gilead Sciences' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gilead Sciences' 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
71.2773.0174.75
Details
Intrinsic
Valuation
LowRealHigh
68.3570.0980.31
Details
Naive
Forecast
LowNextHigh
69.7271.4673.20
Details
31 Analysts
Consensus
LowTargetHigh
77.7885.4794.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gilead Sciences. Your research has to be compared to or analyzed against Gilead Sciences' peers to derive any actionable benefits. When done correctly, Gilead Sciences' 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 Gilead Sciences.

Gilead Sciences Backtested Returns

Gilead Sciences holds Efficiency (Sharpe) Ratio of -0.0788, which attests that the entity had a -0.0788% return per unit of risk over the last 3 months. Gilead Sciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gilead Sciences' Standard Deviation of 1.7, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (1.83) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0531, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gilead Sciences' returns are expected to increase less than the market. However, during the bear market, the loss of holding Gilead Sciences is expected to be smaller as well. Gilead Sciences has an expected return of -0.14%. Please make sure to check out Gilead Sciences treynor ratio, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Gilead Sciences performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.15  

Insignificant reverse predictability

Gilead Sciences has insignificant reverse predictability. Overlapping area represents the amount of predictability between Gilead Sciences time series from 2nd of July 2023 to 14th of November 2023 and 14th of November 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 Gilead Sciences price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Gilead Sciences price fluctuation can be explain by its past prices.
Correlation Coefficient-0.15
Spearman Rank Test0.02
Residual Average0.0
Price Variance17.11

Gilead Sciences lagged returns against current returns

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

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

Gilead Sciences Lagged Returns

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

Gilead Sciences Investors Sentiment

The influence of Gilead Sciences' 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 Gilead. 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 Gilead Sciences' public news can be used to forecast risks associated with an investment in Gilead. The trend in average sentiment can be used to explain how an investor holding Gilead can time the market purely based on public headlines and social activities around Gilead Sciences. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gilead Sciences' 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 Gilead Sciences' 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 Gilead Sciences' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gilead Sciences.

Gilead Sciences Implied Volatility

    
  24.93  
Gilead Sciences' implied volatility exposes the market's sentiment of Gilead Sciences stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Gilead Sciences' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Gilead Sciences stock will not fluctuate a lot when Gilead Sciences' options are near their expiration.
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 Gilead Sciences 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, Gilead Sciences' short interest history, or implied volatility extrapolated from Gilead Sciences options trading.

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When determining whether Gilead Sciences is a strong investment it is important to analyze Gilead Sciences' 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 Gilead Sciences' future performance. For an informed investment choice regarding Gilead Stock, refer to the following important reports:
Check out Gilead Sciences Correlation, Gilead Sciences Volatility and Gilead Sciences Alpha and Beta module to complement your research on Gilead Sciences.
For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Gilead Stock analysis

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