Shattuck Labs Stock Market Value
| STTK Stock | USD 1.19 0.02 1.65% |
| Symbol | Shattuck |
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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs 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 Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.
Shattuck Labs '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 Shattuck Labs' 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 Shattuck Labs.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Shattuck Labs on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Shattuck Labs or generate 0.0% return on investment in Shattuck Labs over 90 days. Shattuck Labs is related to or competes with C4 Therapeutics, Prelude Therapeutics, Monte Rosa, Foghorn Therapeutics, Kymera Therapeutics, Nurix Therapeutics, and Champions Oncology. Shattuck Labs, Inc., a clinical-stage biotechnology company, develops therapeutics for the treatment of cancer and autoi... More
Shattuck Labs 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 Shattuck Labs' 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 Shattuck Labs upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.9 | |||
| Information Ratio | 0.07 | |||
| Maximum Drawdown | 50.15 | |||
| Value At Risk | (7.58) | |||
| Potential Upside | 11.21 |
Shattuck Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shattuck Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shattuck Labs' standard deviation. In reality, there are many statistical measures that can use Shattuck Labs historical prices to predict the future Shattuck Labs' volatility.| Risk Adjusted Performance | 0.0584 | |||
| Jensen Alpha | 0.4926 | |||
| Total Risk Alpha | 1.37 | |||
| Sortino Ratio | 0.067 | |||
| Treynor Ratio | 0.6327 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shattuck Labs' 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.
Shattuck Labs Backtested Returns
Shattuck Labs appears to be abnormally volatile, given 3 months investment horizon. Shattuck Labs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0569, which indicates the firm had a 0.0569 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shattuck Labs, which you can use to evaluate the volatility of the company. Please review Shattuck Labs' Semi Deviation of 6.71, coefficient of variation of 1758.03, and Risk Adjusted Performance of 0.0584 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Shattuck Labs holds a performance score of 4. The entity has a beta of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Shattuck Labs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Shattuck Labs is expected to be smaller as well. Please check Shattuck Labs' skewness, day median price, as well as the relationship between the value at risk and jensen alpha , to make a quick decision on whether Shattuck Labs' existing price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Shattuck Labs has virtually no predictability. Overlapping area represents the amount of predictability between Shattuck Labs time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Shattuck Labs price movement. The serial correlation of 0.01 indicates that just 1.0% of current Shattuck Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Shattuck Labs lagged returns against current returns
Autocorrelation, which is Shattuck Labs 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 Shattuck Labs' stock expected returns. We can calculate the autocorrelation of Shattuck Labs returns to help us make a trade decision. For example, suppose you find that Shattuck Labs 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 |
Shattuck Labs 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 Shattuck Labs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shattuck Labs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shattuck Labs stock over time.
Current vs Lagged Prices |
| Timeline |
Shattuck Labs Lagged Returns
When evaluating Shattuck Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shattuck Labs stock have on its future price. Shattuck Labs 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, Shattuck Labs autocorrelation shows the relationship between Shattuck Labs stock current value and its past values and can show if there is a momentum factor associated with investing in Shattuck Labs.
Regressed Prices |
| Timeline |
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Shattuck Labs technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.