Solventum Corp Stock Market Value
| SOLV Stock | 71.51 0.97 1.34% |
| Symbol | Solventum |
Solventum Corp Price To Book Ratio
Is Health Care Equipment & Supplies 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 Solventum Corp. If investors know Solventum 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 Solventum Corp 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 (0.19) | Revenue Per Share 47.49 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0766 | Return On Equity 0.1655 |
The market value of Solventum Corp is measured differently than its book value, which is the value of Solventum that is recorded on the company's balance sheet. Investors also form their own opinion of Solventum Corp's value that differs from its market value or its book value, called intrinsic value, which is Solventum Corp'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 Solventum Corp's market value can be influenced by many factors that don't directly affect Solventum Corp'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 Solventum Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solventum Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solventum Corp'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.
Solventum Corp '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 Solventum Corp'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 Solventum Corp.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Solventum Corp on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Solventum Corp or generate 0.0% return on investment in Solventum Corp over 180 days. Solventum Corp is related to or competes with Stratasys, Allient, Weibo Corp, Apogee Enterprises, WiMi Hologram, Pinterest, and Western Digital. Solventum Corp is entity of United States More
Solventum Corp 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 Solventum Corp'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 Solventum Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0869 | |||
| Maximum Drawdown | 8.3 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.56 |
Solventum Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solventum Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solventum Corp's standard deviation. In reality, there are many statistical measures that can use Solventum Corp historical prices to predict the future Solventum Corp's volatility.| Risk Adjusted Performance | 0.1369 | |||
| Jensen Alpha | 0.174 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0919 | |||
| Treynor Ratio | 0.3645 |
Solventum Corp Backtested Returns
At this stage we consider Solventum Stock to be very steady. Solventum Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Solventum Corp, which you can use to evaluate the volatility of the company. Please validate Solventum Corp's Risk Adjusted Performance of 0.1369, coefficient of variation of 580.71, and Semi Deviation of 1.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Solventum Corp has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.73, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solventum Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solventum Corp is expected to be smaller as well. Solventum Corp right now has a risk of 1.52%. Please validate Solventum Corp value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Solventum Corp will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Solventum Corp has below average predictability. Overlapping area represents the amount of predictability between Solventum Corp time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 Solventum Corp price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Solventum Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 6.68 |
Solventum Corp lagged returns against current returns
Autocorrelation, which is Solventum Corp 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 Solventum Corp's stock expected returns. We can calculate the autocorrelation of Solventum Corp returns to help us make a trade decision. For example, suppose you find that Solventum Corp 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 |
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Solventum Corp 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 Solventum Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solventum Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solventum Corp stock over time.
Current vs Lagged Prices |
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Solventum Corp Lagged Returns
When evaluating Solventum Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solventum Corp stock have on its future price. Solventum Corp 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, Solventum Corp autocorrelation shows the relationship between Solventum Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Solventum Corp.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Solventum Stock Analysis
When running Solventum Corp's price analysis, check to measure Solventum Corp'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 Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.