Scilex Holding Stock Market Value
| SCLXW Stock | 0.29 0.02 7.41% |
| Symbol | Scilex |
Scilex Holding 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 Scilex Holding. If investors know Scilex 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 Scilex Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.442 | Quarterly Revenue Growth 0.301 | Return On Assets (0.54) |
The market value of Scilex Holding is measured differently than its book value, which is the value of Scilex that is recorded on the company's balance sheet. Investors also form their own opinion of Scilex Holding's value that differs from its market value or its book value, called intrinsic value, which is Scilex 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 Scilex Holding's market value can be influenced by many factors that don't directly affect Scilex 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 Scilex Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scilex Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scilex 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.
Scilex 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 Scilex 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 Scilex Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Scilex Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Scilex Holding or generate 0.0% return on investment in Scilex Holding over 540 days. Scilex Holding is related to or competes with Daily Journal, Alaska Air, 51Talk Online, HF Sinclair, Westinghouse Air, Acco Brands, and 17 Education. Scilex Holding is entity of United States More
Scilex 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 Scilex 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 Scilex Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.29 | |||
| Information Ratio | 0.0674 | |||
| Maximum Drawdown | 109.99 | |||
| Value At Risk | (19.44) | |||
| Potential Upside | 36.0 |
Scilex Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scilex Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scilex Holding's standard deviation. In reality, there are many statistical measures that can use Scilex Holding historical prices to predict the future Scilex Holding's volatility.| Risk Adjusted Performance | 0.0669 | |||
| Jensen Alpha | 1.44 | |||
| Total Risk Alpha | (1.29) | |||
| Sortino Ratio | 0.0698 | |||
| Treynor Ratio | (0.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Scilex 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.
Scilex Holding Backtested Returns
Scilex Holding is out of control given 3 months investment horizon. Scilex Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0601, which indicates the firm had a 0.0601% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Scilex Holding Coefficient Of Variation of 1335.8, semi deviation of 11.73, and Risk Adjusted Performance of 0.0669 to evaluate company specific risk that cannot be diversified away. Scilex Holding holds a performance score of 4 on a scale of zero to a hundred. The entity has a beta of -1.63, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Scilex Holding are expected to decrease by larger amounts. On the other hand, during market turmoil, Scilex Holding is expected to outperform it. Use Scilex Holding maximum drawdown, as well as the relationship between the skewness and price action indicator , to analyze future returns on Scilex Holding.
Auto-correlation | 0.07 |
Virtually no predictability
Scilex Holding has virtually no predictability. Overlapping area represents the amount of predictability between Scilex Holding time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Scilex Holding price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Scilex Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scilex Holding lagged returns against current returns
Autocorrelation, which is Scilex 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 Scilex Holding's stock expected returns. We can calculate the autocorrelation of Scilex Holding returns to help us make a trade decision. For example, suppose you find that Scilex 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 |
Scilex 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 Scilex Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scilex Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scilex Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Scilex Holding Lagged Returns
When evaluating Scilex Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scilex Holding stock have on its future price. Scilex 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, Scilex Holding autocorrelation shows the relationship between Scilex Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Scilex Holding.
Regressed Prices |
| Timeline |
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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.Additional Tools for Scilex Stock Analysis
When running Scilex Holding's price analysis, check to measure Scilex 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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex 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 Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.