Issuer Direct Corp Stock Market Value
ISDR Stock | USD 10.00 0.02 0.20% |
Symbol | Issuer |
Issuer Direct Corp Price To Book Ratio
Is Application Software 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 Issuer Direct. If investors know Issuer 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 Issuer Direct 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 (0.99) | Earnings Share (0.35) | Revenue Per Share 7.629 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0059 |
The market value of Issuer Direct Corp is measured differently than its book value, which is the value of Issuer that is recorded on the company's balance sheet. Investors also form their own opinion of Issuer Direct's value that differs from its market value or its book value, called intrinsic value, which is Issuer Direct'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 Issuer Direct's market value can be influenced by many factors that don't directly affect Issuer Direct'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 Issuer Direct's value and its price as these two are different measures arrived at by different means. Investors typically determine if Issuer Direct is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Issuer Direct'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.
Issuer Direct '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 Issuer Direct'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 Issuer Direct.
10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Issuer Direct on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Issuer Direct Corp or generate 0.0% return on investment in Issuer Direct over 30 days. Issuer Direct is related to or competes with EGain, Research Solutions, Meridianlink, CoreCard Corp, Enfusion, and Red Violet. Issuer Direct Corporation provides shareholder communications and compliance platforms, technologies, and services in th... More
Issuer Direct 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 Issuer Direct'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 Issuer Direct Corp upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.09 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 19.72 | |||
Value At Risk | (4.71) | |||
Potential Upside | 8.57 |
Issuer Direct Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Issuer Direct's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Issuer Direct's standard deviation. In reality, there are many statistical measures that can use Issuer Direct historical prices to predict the future Issuer Direct's volatility.Risk Adjusted Performance | 0.028 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.50) | |||
Sortino Ratio | (0.01) | |||
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 Issuer Direct'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.
Issuer Direct Corp Backtested Returns
Issuer Direct Corp holds Efficiency (Sharpe) Ratio of -0.0759, which attests that the entity had a -0.0759% return per unit of risk over the last 3 months. Issuer Direct Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Issuer Direct's Risk Adjusted Performance of 0.028, downside deviation of 3.09, and Market Risk Adjusted Performance of 0.07 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.54, which attests to 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, Issuer Direct will likely underperform. At this point, Issuer Direct Corp has a negative expected return of -0.24%. Please make sure to check out Issuer Direct's value at risk, as well as the relationship between the skewness and day median price , to decide if Issuer Direct Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Issuer Direct Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Issuer Direct time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Issuer Direct Corp price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Issuer Direct price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.11 | |
Spearman Rank Test | 0.33 | |
Residual Average | 0.0 | |
Price Variance | 0.02 |
Issuer Direct Corp lagged returns against current returns
Autocorrelation, which is Issuer Direct 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 Issuer Direct's stock expected returns. We can calculate the autocorrelation of Issuer Direct returns to help us make a trade decision. For example, suppose you find that Issuer Direct 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 |
Issuer Direct 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 Issuer Direct stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Issuer Direct stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Issuer Direct stock over time.
Current vs Lagged Prices |
Timeline |
Issuer Direct Lagged Returns
When evaluating Issuer Direct's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Issuer Direct stock have on its future price. Issuer Direct 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, Issuer Direct autocorrelation shows the relationship between Issuer Direct stock current value and its past values and can show if there is a momentum factor associated with investing in Issuer Direct Corp.
Regressed Prices |
Timeline |
Pair Trading with Issuer Direct
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 Issuer Direct 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 Issuer Direct will appreciate offsetting losses from the drop in the long position's value.Moving against Issuer Stock
0.59 | ZM | Zoom Video Communications | PairCorr |
0.59 | DOMO | Domo Inc | PairCorr |
0.55 | DOCU | DocuSign Earnings Call This Week | PairCorr |
0.53 | BL | Blackline | PairCorr |
0.51 | EB | Eventbrite Class A | PairCorr |
The ability to find closely correlated positions to Issuer Direct could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Issuer Direct 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 Issuer Direct - 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 Issuer Direct Corp to buy it.
The correlation of Issuer Direct 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 Issuer Direct moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Issuer Direct Corp 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 Issuer Direct 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.Additional Tools for Issuer Stock Analysis
When running Issuer Direct's price analysis, check to measure Issuer Direct'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 Issuer Direct is operating at the current time. Most of Issuer Direct's value examination focuses on studying past and present price action to predict the probability of Issuer Direct's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Issuer Direct's price. Additionally, you may evaluate how the addition of Issuer Direct to your portfolios can decrease your overall portfolio volatility.