Valneva Se Adr Stock Market Value

VALN Stock  USD 7.46  0.23  2.99%   
Valneva SE's market value is the price at which a share of Valneva SE trades on a public exchange. It measures the collective expectations of Valneva SE ADR investors about its performance. Valneva SE is selling at 7.46 as of the 21st of July 2024; that is 2.99% down since the beginning of the trading day. The stock's open price was 7.69.
With this module, you can estimate the performance of a buy and hold strategy of Valneva SE ADR and determine expected loss or profit from investing in Valneva SE over a given investment horizon. Check out Valneva SE Correlation, Valneva SE Volatility and Valneva SE Alpha and Beta module to complement your research on Valneva SE.
Symbol

Valneva SE ADR Price To Book Ratio

Is Biotechnology 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 Valneva SE. If investors know Valneva 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 Valneva SE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.41)
Revenue Per Share
2.204
Quarterly Revenue Growth
(0.02)
Return On Assets
(0)
Return On Equity
(0.12)
The market value of Valneva SE ADR is measured differently than its book value, which is the value of Valneva that is recorded on the company's balance sheet. Investors also form their own opinion of Valneva SE's value that differs from its market value or its book value, called intrinsic value, which is Valneva SE'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 Valneva SE's market value can be influenced by many factors that don't directly affect Valneva SE'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 Valneva SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valneva SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valneva SE'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.

Valneva SE '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 Valneva SE'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 Valneva SE.
0.00
06/21/2024
No Change 0.00  0.0 
In 30 days
07/21/2024
0.00
If you would invest  0.00  in Valneva SE on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Valneva SE ADR or generate 0.0% return on investment in Valneva SE over 30 days. Valneva SE is related to or competes with Terns Pharmaceuticals, Hepion Pharmaceuticals, and Axsome Therapeutics. Valneva SE, a specialty vaccine company, focuses on the development and commercialization of prophylactic vaccines for i... More

Valneva SE 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 Valneva SE'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 Valneva SE ADR upside and downside potential and time the market with a certain degree of confidence.

Valneva SE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Valneva SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valneva SE's standard deviation. In reality, there are many statistical measures that can use Valneva SE historical prices to predict the future Valneva SE's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Valneva SE'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.
Hype
Prediction
LowEstimatedHigh
4.167.4710.78
Details
Intrinsic
Valuation
LowRealHigh
6.7410.0513.36
Details
4 Analysts
Consensus
LowTargetHigh
17.0618.7520.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.41-0.3-0.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Valneva SE. Your research has to be compared to or analyzed against Valneva SE's peers to derive any actionable benefits. When done correctly, Valneva SE's 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 Valneva SE ADR.

Valneva SE ADR Backtested Returns

Valneva SE ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0125, which indicates the firm had a -0.0125% return per unit of risk over the last 3 months. Valneva SE ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Valneva SE's Risk Adjusted Performance of (0.0006), coefficient of variation of (7,367), and Variance of 12.01 to confirm the risk estimate we provide. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Valneva SE returns are very sensitive to returns on the market. As the market goes up or down, Valneva SE is expected to follow. At this point, Valneva SE ADR has a negative expected return of -0.0413%. Please make sure to validate Valneva SE's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Valneva SE ADR performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.38  

Poor reverse predictability

Valneva SE ADR has poor reverse predictability. Overlapping area represents the amount of predictability between Valneva SE time series from 21st of June 2024 to 6th of July 2024 and 6th of July 2024 to 21st of July 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 Valneva SE ADR price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Valneva SE price fluctuation can be explain by its past prices.
Correlation Coefficient-0.38
Spearman Rank Test-0.47
Residual Average0.0
Price Variance0.04

Valneva SE ADR lagged returns against current returns

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

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

Valneva SE Lagged Returns

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

Pair Trading with Valneva SE

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 Valneva SE 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 Valneva SE will appreciate offsetting losses from the drop in the long position's value.

Moving together with Valneva Stock

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Moving against Valneva Stock

  0.49ABBV AbbVie Inc Earnings Call This WeekPairCorr
  0.46GERN GeronPairCorr
  0.39GILD Gilead SciencesPairCorr
  0.37MDGL Madrigal PharmaceuticalsPairCorr
  0.35LLY Eli LillyPairCorr
The ability to find closely correlated positions to Valneva SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valneva SE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Valneva SE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Valneva SE ADR to buy it.
The correlation of Valneva SE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Valneva SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valneva SE ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Valneva SE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Information and Resources on Investing in Valneva Stock

When determining whether Valneva SE ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valneva SE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Valneva Se Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valneva Se Adr Stock:
Check out Valneva SE Correlation, Valneva SE Volatility and Valneva SE Alpha and Beta module to complement your research on Valneva SE.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Valneva SE 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 Valneva SE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Valneva SE 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...