Virnetx Holding Corp Stock Market Value
| VHC Stock | USD 5.49 0.19 3.35% |
| Symbol | VirnetX |
VirnetX Holding Corp Price To Book Ratio
Is VirnetX Holding'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 VirnetX Holding. If investors know VirnetX 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 VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.79) | Revenue Per Share 0.002 | Quarterly Revenue Growth (1.00) | Return On Assets (0.18) | Return On Equity (0.27) |
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding'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 VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding'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 VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding'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.
VirnetX Holding '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 VirnetX Holding'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 VirnetX Holding.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in VirnetX Holding on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding VirnetX Holding Corp or generate 0.0% return on investment in VirnetX Holding over 30 days. VirnetX Holding is related to or competes with Evertec, CSG Systems, Radware, and NetScout Systems. VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technol... More
VirnetX Holding 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 VirnetX Holding'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 VirnetX Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 36.17 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 6.72 |
VirnetX Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VirnetX Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VirnetX Holding's standard deviation. In reality, there are many statistical measures that can use VirnetX Holding historical prices to predict the future VirnetX Holding's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VirnetX Holding'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.
VirnetX Holding Corp Backtested Returns
VirnetX Holding Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.018, which indicates the firm had a -0.018% return per unit of risk over the last 3 months. VirnetX Holding Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VirnetX Holding's Variance of 20.0, risk adjusted performance of (0), and Coefficient Of Variation of (5,412) to confirm the risk estimate we provide. The entity has a beta of 1.79, which indicates 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, VirnetX Holding will likely underperform. VirnetX Holding Corp has an expected return of -0.0831%. Please make sure to validate VirnetX Holding value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if VirnetX Holding Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
VirnetX Holding Corp has below average predictability. Overlapping area represents the amount of predictability between VirnetX Holding 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 VirnetX Holding Corp price movement. The serial correlation of 0.38 indicates that just about 38.0% of current VirnetX Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
VirnetX Holding Corp lagged returns against current returns
Autocorrelation, which is VirnetX Holding 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 VirnetX Holding's stock expected returns. We can calculate the autocorrelation of VirnetX Holding returns to help us make a trade decision. For example, suppose you find that VirnetX Holding 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 |
VirnetX Holding 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 VirnetX Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VirnetX Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VirnetX Holding stock over time.
Current vs Lagged Prices |
| Timeline |
VirnetX Holding Lagged Returns
When evaluating VirnetX Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VirnetX Holding stock have on its future price. VirnetX Holding 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, VirnetX Holding autocorrelation shows the relationship between VirnetX Holding stock current value and its past values and can show if there is a momentum factor associated with investing in VirnetX Holding Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding'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 Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:Check out VirnetX Holding Correlation, VirnetX Holding Volatility and VirnetX Holding Alpha and Beta module to complement your research on VirnetX Holding. Note that the VirnetX Holding Corp information on this page should be used as a complementary analysis to other VirnetX Holding's 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 the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for VirnetX Stock analysis
When running VirnetX Holding's price analysis, check to measure VirnetX Holding'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 VirnetX Holding is operating at the current time. Most of VirnetX Holding's value examination focuses on studying past and present price action to predict the probability of VirnetX Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VirnetX Holding's price. Additionally, you may evaluate how the addition of VirnetX Holding to your portfolios can decrease your overall portfolio volatility.
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VirnetX Holding 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.