Stride Inc Stock Market Value
| LRN Stock | USD 57.26 0.31 0.54% |
| Symbol | Stride |
Stride Inc Price To Book Ratio
Is Stride'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 Stride. If investors know Stride 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 Stride 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 1.083 | Earnings Share 3.97 | Revenue Per Share 45.654 | Quarterly Revenue Growth 0.478 | Return On Assets 0.0798 |
The market value of Stride Inc is measured differently than its book value, which is the value of Stride that is recorded on the company's balance sheet. Investors also form their own opinion of Stride's value that differs from its market value or its book value, called intrinsic value, which is Stride'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 Stride's market value can be influenced by many factors that don't directly affect Stride'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 Stride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stride'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.
Stride '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 Stride'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 Stride.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Stride on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Stride Inc or generate 0.0% return on investment in Stride over 30 days. Stride is related to or competes with Laureate Education, American Public, Lincoln Educational, Adtalem Global, Afya, Strategic Education, and Grand Canyon. Stride, Inc., a technology-based education service company, provides proprietary and third-party online curriculum, soft... More
Stride 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 Stride'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 Stride Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.67 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.29 |
Stride Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stride's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stride's standard deviation. In reality, there are many statistical measures that can use Stride historical prices to predict the future Stride's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Stride'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.
Stride Inc Backtested Returns
Stride Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0783, which indicates the firm had a -0.0783% return per unit of risk over the last 3 months. Stride Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stride's Coefficient Of Variation of (3,975), variance of 2.26, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stride's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stride is expected to be smaller as well. Stride Inc has an expected return of -0.12%. Please make sure to validate Stride treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Stride Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Stride Inc has very good predictability. Overlapping area represents the amount of predictability between Stride time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Stride Inc price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Stride price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 2.27 |
Stride Inc lagged returns against current returns
Autocorrelation, which is Stride 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 Stride's stock expected returns. We can calculate the autocorrelation of Stride returns to help us make a trade decision. For example, suppose you find that Stride 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 |
Stride 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 Stride stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stride stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stride stock over time.
Current vs Lagged Prices |
| Timeline |
Stride Lagged Returns
When evaluating Stride's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stride stock have on its future price. Stride 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, Stride autocorrelation shows the relationship between Stride stock current value and its past values and can show if there is a momentum factor associated with investing in Stride Inc.
Regressed Prices |
| Timeline |
Stride Investors Sentiment
The influence of Stride'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 Stride. 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 Stride's public news can be used to forecast risks associated with an investment in Stride. The trend in average sentiment can be used to explain how an investor holding Stride can time the market purely based on public headlines and social activities around Stride Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Stride'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 Stride'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 Stride's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Stride.
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 Stride 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, Stride's short interest history, or implied volatility extrapolated from Stride options trading.
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Complementary Tools for Stride Stock analysis
When running Stride's price analysis, check to measure Stride'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 Stride is operating at the current time. Most of Stride's value examination focuses on studying past and present price action to predict the probability of Stride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stride's price. Additionally, you may evaluate how the addition of Stride to your portfolios can decrease your overall portfolio volatility.
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Stride 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.