Stryve Foods Stock Market Value
| SNAX Stock | USD 0.92 0.02 2.22% |
| Symbol | Stryve |
Stryve Foods Price To Book Ratio
Is Packaged Foods & Meats 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 Stryve Foods. If investors know Stryve 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 Stryve Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.40) | Revenue Per Share 6.671 | Quarterly Revenue Growth 0.03 | Return On Assets (0.23) | Return On Equity (5.75) |
The market value of Stryve Foods is measured differently than its book value, which is the value of Stryve that is recorded on the company's balance sheet. Investors also form their own opinion of Stryve Foods' value that differs from its market value or its book value, called intrinsic value, which is Stryve Foods' 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 Stryve Foods' market value can be influenced by many factors that don't directly affect Stryve Foods' 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 Stryve Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryve Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryve Foods' 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.
Stryve Foods '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 Stryve Foods' 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 Stryve Foods.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Stryve Foods on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Stryve Foods or generate 0.0% return on investment in Stryve Foods over 30 days. Stryve Foods is related to or competes with Better Choice, Sharing Services, Bit Origin, Planet Green, Aryzta AG. Stryve Foods, Inc. manufactures, markets, and sells snacking products in North America More
Stryve Foods 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 Stryve Foods' 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 Stryve Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 58.01 | |||
| Value At Risk | (8.51) | |||
| Potential Upside | 10.13 |
Stryve Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stryve Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stryve Foods' standard deviation. In reality, there are many statistical measures that can use Stryve Foods historical prices to predict the future Stryve Foods' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | (1.40) |
Stryve Foods Backtested Returns
Stryve Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0753, which indicates the firm had a -0.0753% return per unit of risk over the last 3 months. Stryve Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stryve Foods' Variance of 50.29, coefficient of variation of (1,007), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stryve Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Stryve Foods is expected to be smaller as well. At this point, Stryve Foods has a negative expected return of -0.54%. Please make sure to validate Stryve Foods' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Stryve Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Stryve Foods has modest reverse predictability. Overlapping area represents the amount of predictability between Stryve Foods time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Stryve Foods price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Stryve Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Stryve Foods lagged returns against current returns
Autocorrelation, which is Stryve Foods 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 Stryve Foods' stock expected returns. We can calculate the autocorrelation of Stryve Foods returns to help us make a trade decision. For example, suppose you find that Stryve Foods 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 |
Stryve Foods 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 Stryve Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stryve Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stryve Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Stryve Foods Lagged Returns
When evaluating Stryve Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stryve Foods stock have on its future price. Stryve Foods 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, Stryve Foods autocorrelation shows the relationship between Stryve Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Stryve Foods.
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 Stryve Stock Analysis
When running Stryve Foods' price analysis, check to measure Stryve Foods' 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 Stryve Foods is operating at the current time. Most of Stryve Foods' value examination focuses on studying past and present price action to predict the probability of Stryve Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stryve Foods' price. Additionally, you may evaluate how the addition of Stryve Foods to your portfolios can decrease your overall portfolio volatility.