2seventy Bio Stock Market Value
| TSVT Stock | USD 3.78 0.20 5.03% |
| Symbol | 2Seventy |
2Seventy Bio 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 2Seventy Bio. If investors know 2Seventy 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 2Seventy Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.83) | Revenue Per Share 0.878 | Quarterly Revenue Growth 0.125 | Return On Assets (0.19) | Return On Equity (0.52) |
The market value of 2Seventy Bio is measured differently than its book value, which is the value of 2Seventy that is recorded on the company's balance sheet. Investors also form their own opinion of 2Seventy Bio's value that differs from its market value or its book value, called intrinsic value, which is 2Seventy Bio'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 2Seventy Bio's market value can be influenced by many factors that don't directly affect 2Seventy Bio'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 2Seventy Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if 2Seventy Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 2Seventy Bio'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.
2Seventy Bio '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 2Seventy Bio'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 2Seventy Bio.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in 2Seventy Bio on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding 2Seventy Bio or generate 0.0% return on investment in 2Seventy Bio over 30 days. 2Seventy Bio is related to or competes with Puma Biotechnology, Iovance Biotherapeutics, Sarepta Therapeutics, Day One, Inozyme Pharma, Zentalis Pharmaceuticals, and Syndax Pharmaceuticals. 2seventy bio, Inc., a cell and gene therapy company, focuses on the research, development, and commercialization of trea... More
2Seventy Bio 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 2Seventy Bio'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 2Seventy Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 20.39 | |||
| Value At Risk | (6.96) | |||
| Potential Upside | 5.32 |
2Seventy Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 2Seventy Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 2Seventy Bio's standard deviation. In reality, there are many statistical measures that can use 2Seventy Bio historical prices to predict the future 2Seventy Bio's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 2Seventy Bio'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.
2Seventy Bio Backtested Returns
2Seventy Bio secures Sharpe Ratio (or Efficiency) of -0.0394, which signifies that the company had a -0.0394% return per unit of volatility over the last 3 months. 2Seventy Bio exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 2Seventy Bio's risk adjusted performance of (0.04), and Mean Deviation of 3.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.96, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 2Seventy Bio will likely underperform. At this point, 2Seventy Bio has a negative expected return of -0.17%. Please make sure to confirm 2Seventy Bio's value at risk, as well as the relationship between the rate of daily change and relative strength index , to decide if 2Seventy Bio performance from the past will be repeated at future time.
Auto-correlation | -0.55 |
Good reverse predictability
2Seventy Bio has good reverse predictability. Overlapping area represents the amount of predictability between 2Seventy Bio time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 2Seventy Bio price movement. The serial correlation of -0.55 indicates that about 55.0% of current 2Seventy Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
2Seventy Bio lagged returns against current returns
Autocorrelation, which is 2Seventy Bio 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 2Seventy Bio's stock expected returns. We can calculate the autocorrelation of 2Seventy Bio returns to help us make a trade decision. For example, suppose you find that 2Seventy Bio 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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2Seventy Bio 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 2Seventy Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 2Seventy Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 2Seventy Bio stock over time.
Current vs Lagged Prices |
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2Seventy Bio Lagged Returns
When evaluating 2Seventy Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 2Seventy Bio stock have on its future price. 2Seventy Bio 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, 2Seventy Bio autocorrelation shows the relationship between 2Seventy Bio stock current value and its past values and can show if there is a momentum factor associated with investing in 2Seventy Bio.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for 2Seventy Stock Analysis
When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio'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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.