Tivic Health Systems Stock Market Value
| TIVC Stock | USD 0.26 0.01 4.00% |
| Symbol | Tivic |
Tivic Health Systems 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 Tivic Health. If investors know Tivic 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 Tivic Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.37 | Revenue Per Share 0.546 | Quarterly Revenue Growth (0.13) | Return On Assets (0.89) | Return On Equity (1.84) |
The market value of Tivic Health Systems is measured differently than its book value, which is the value of Tivic that is recorded on the company's balance sheet. Investors also form their own opinion of Tivic Health's value that differs from its market value or its book value, called intrinsic value, which is Tivic Health'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 Tivic Health's market value can be influenced by many factors that don't directly affect Tivic Health'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 Tivic Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tivic Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tivic Health'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.
Tivic Health '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 Tivic Health'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 Tivic Health.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Tivic Health on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Tivic Health Systems or generate 0.0% return on investment in Tivic Health over 30 days. Tivic Health is related to or competes with Bluejay Diagnostics, Heart Test, Nuwellis, Bone Biologics, Tenon Medical, Vivos Therapeutics, and Rapid Micro. Tivic Health Systems Inc. operates as a bioelectronic device company that delivers non-invasive neuromodulation products... More
Tivic Health 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 Tivic Health'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 Tivic Health Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 79.31 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 12.12 |
Tivic Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tivic Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tivic Health's standard deviation. In reality, there are many statistical measures that can use Tivic Health historical prices to predict the future Tivic Health's volatility.| Risk Adjusted Performance | 0.0088 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (1.56) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tivic Health'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.
Tivic Health Systems Backtested Returns
Tivic Health Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0057, which indicates the firm had a -0.0057% return per unit of risk over the last 3 months. Tivic Health Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tivic Health's Risk Adjusted Performance of 0.0088, coefficient of variation of (222,194), and Variance of 85.84 to confirm the risk estimate we provide. The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tivic Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tivic Health is expected to be smaller as well. At this point, Tivic Health Systems has a negative expected return of -0.0531%. Please make sure to validate Tivic Health's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Tivic Health Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Tivic Health Systems has below average predictability. Overlapping area represents the amount of predictability between Tivic Health time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Tivic Health Systems price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Tivic Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tivic Health Systems lagged returns against current returns
Autocorrelation, which is Tivic Health 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 Tivic Health's stock expected returns. We can calculate the autocorrelation of Tivic Health returns to help us make a trade decision. For example, suppose you find that Tivic Health 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 |
Tivic Health 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 Tivic Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tivic Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tivic Health stock over time.
Current vs Lagged Prices |
| Timeline |
Tivic Health Lagged Returns
When evaluating Tivic Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tivic Health stock have on its future price. Tivic Health 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, Tivic Health autocorrelation shows the relationship between Tivic Health stock current value and its past values and can show if there is a momentum factor associated with investing in Tivic Health Systems.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Tivic Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tivic Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tivic Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tivic Health Systems Stock:Check out Tivic Health Correlation, Tivic Health Volatility and Tivic Health Alpha and Beta module to complement your research on Tivic Health. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Tivic Health 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.