23andme Holding Co Stock Analysis

23Andme Stock Analysis Notes

About 43.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. 23Andme Holding recorded a loss per share of 0.72. The entity had not issued any dividends in recent years. 23andMe Holding Co. operates as a consumer genetics testing company. The company was founded in 2006 and is headquartered in South San Francisco, California. 23Andme Holding is traded on NASDAQ Exchange in the United States. To find out more about 23Andme Holding Co contact Anne Wojcicki at 650 938 6300 or learn more at https://www.23andme.com.

23Andme Holding Investment Alerts

23Andme Holding Upcoming and Recent Events

23Andme Holding SEC Filings

23Andme Holding Thematic Classifications

23Andme Stock Institutional Investors

Note, although 23Andme Holding's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

23Andme Market Capitalization

The company currently falls under 'Small-Cap' category with a market capitalization of 418.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 23Andme Holding's market, we take the total number of its shares issued and multiply it by 23Andme Holding's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

23Andme Profitablity

The company has Net Profit Margin (PM) of (1.24) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (1.53) %, which signifies that for every 100 dollars of sales, it has a net operating loss of $1.53.

Management Efficiency

23Andme Holding has Return on Asset (ROA) of (0.2361) % which means that for every 100 dollars spent on asset, it generated a loss of $0.2361. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.4651) %, which implies that it produced no returns to current stockholders. 23Andme Holding's management efficiency ratios could be used to measure how well 23Andme Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of December 9, 2023, Return on Average Assets is expected to decline to -0.33. In addition to that, Return on Average Equity is expected to decline to -0.41. At present, 23Andme Holding's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Tangible Assets Book Value per Share is expected to grow to 1.20, whereas Assets Non Current are forecasted to decline to about 469.1 M.

Technical Drivers

As of the 9th of December, 23Andme Holding owns the Variance of 38.31, market risk adjusted performance of (0.03), and Information Ratio of (0.03). In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 23Andme Holding, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for 23Andme Holding, which can be compared to its peers in the sector. Please confirm 23Andme Holding market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if 23Andme Holding Co is priced fairly, providing market reflects its prevailing price of 0.87 per share. Given that 23Andme Holding is a hitting penny stock territory we recommend to closely look at its jensen alpha.

23Andme Holding Price Movement Analysis

23Andme Holding Insider Trading Activities

23Andme Holding Technical and Predictive Indicators

23Andme Holding Forecast Models

23Andme Holding's time-series forecasting models are one of many 23Andme Holding's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary 23Andme Holding's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how 23Andme Holding prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling 23Andme shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as 23Andme Holding. By using and applying 23Andme Stock analysis, traders can create a robust methodology for identifying 23Andme entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. 23Andme analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. 23Andme analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

23Andme Holding Co stock analysis indicators help investors evaluate how 23Andme Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading 23Andme Holding shares will generate the highest return on investment. By understating and applying 23Andme Holding stock analysis, traders can identify 23Andme Holding position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in commodities. Note that the 23Andme Holding information on this page should be used as a complementary analysis to other 23Andme 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 Global Correlations module to find global opportunities by holding instruments from different markets.

When running 23Andme Holding's price analysis, check to measure 23Andme 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 23Andme Holding is operating at the current time. Most of 23Andme Holding's value examination focuses on studying past and present price action to predict the probability of 23Andme 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 23Andme Holding's price. Additionally, you may evaluate how the addition of 23Andme Holding to your portfolios can decrease your overall portfolio volatility.

Is 23Andme 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 23Andme Holding. If investors know 23Andme 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 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme 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 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme 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 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme 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.