Robinhood Markets Stock Market Value
| HOOD Stock | USD 17.31 0.31 1.76% |
| Symbol | Robinhood |
Robinhood Markets Price To Book Ratio
Is Robinhood Markets' 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 Robinhood Markets. If investors know Robinhood 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 Robinhood Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 2.093 | Quarterly Revenue Growth 0.239 | Return On Assets (0.02) | Return On Equity (0.08) |
The market value of Robinhood Markets is measured differently than its book value, which is the value of Robinhood that is recorded on the company's balance sheet. Investors also form their own opinion of Robinhood Markets' value that differs from its market value or its book value, called intrinsic value, which is Robinhood Markets' 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 Robinhood Markets' market value can be influenced by many factors that don't directly affect Robinhood Markets' 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 Robinhood Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Robinhood Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robinhood Markets' 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.
Robinhood Markets '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 Robinhood Markets' 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 Robinhood Markets.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Robinhood Markets on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Robinhood Markets or generate 0.0% return on investment in Robinhood Markets over 30 days. Robinhood Markets is related to or competes with Crowdstrike Holdings, Palantir TechnologiesInc, Cloudflare, Adobe Systems, Palo Alto, Uipath, and SentinelOne. Robinhood Markets, Inc. operates financial services platform in the United States More
Robinhood Markets 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 Robinhood Markets' 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 Robinhood Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.2143 | |||
| Maximum Drawdown | 18.43 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 5.19 |
Robinhood Markets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robinhood Markets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robinhood Markets' standard deviation. In reality, there are many statistical measures that can use Robinhood Markets historical prices to predict the future Robinhood Markets' volatility.| Risk Adjusted Performance | 0.1595 | |||
| Jensen Alpha | 0.6102 | |||
| Total Risk Alpha | 0.344 | |||
| Sortino Ratio | 0.2414 | |||
| Treynor Ratio | 0.3582 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Robinhood Markets' 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.
Robinhood Markets Backtested Returns
Robinhood Markets appears to be not too volatile, given 3 months investment horizon. Robinhood Markets maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Robinhood Markets' technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please evaluate Robinhood Markets' Semi Deviation of 2.24, risk adjusted performance of 0.1595, and Coefficient Of Variation of 411.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Robinhood Markets holds a performance score of 18. The company holds a Beta of 2.24, which implies 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, Robinhood Markets will likely underperform. Please check Robinhood Markets' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Robinhood Markets' historical price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Robinhood Markets has good predictability. Overlapping area represents the amount of predictability between Robinhood Markets time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Robinhood Markets price movement. The serial correlation of 0.66 indicates that around 66.0% of current Robinhood Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Robinhood Markets lagged returns against current returns
Autocorrelation, which is Robinhood Markets 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 Robinhood Markets' stock expected returns. We can calculate the autocorrelation of Robinhood Markets returns to help us make a trade decision. For example, suppose you find that Robinhood Markets 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 |
Robinhood Markets 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 Robinhood Markets stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robinhood Markets stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robinhood Markets stock over time.
Current vs Lagged Prices |
| Timeline |
Robinhood Markets Lagged Returns
When evaluating Robinhood Markets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robinhood Markets stock have on its future price. Robinhood Markets 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, Robinhood Markets autocorrelation shows the relationship between Robinhood Markets stock current value and its past values and can show if there is a momentum factor associated with investing in Robinhood Markets.
Regressed Prices |
| Timeline |
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Complementary Tools for Robinhood Stock analysis
When running Robinhood Markets' price analysis, check to measure Robinhood Markets' 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 Robinhood Markets is operating at the current time. Most of Robinhood Markets' value examination focuses on studying past and present price action to predict the probability of Robinhood Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robinhood Markets' price. Additionally, you may evaluate how the addition of Robinhood Markets to your portfolios can decrease your overall portfolio volatility.
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Robinhood Markets 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.