Vivani Medical Stock Market Value
| VANI Stock | USD 1.44 0.01 0.69% |
| Symbol | Vivani |
Vivani Medical 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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Return On Assets (0.29) | Return On Equity (0.86) |
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.
Vivani Medical '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 Vivani Medical'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 Vivani Medical.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Vivani Medical on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Vivani Medical or generate 0.0% return on investment in Vivani Medical over 30 days. Vivani Medical is related to or competes with PepGen, Tyra Biosciences, Entrada Therapeutics, Pharvaris, Rallybio Corp, Anebulo Pharmaceuticals, and Pmv Pharmaceuticals. Vivani Medical, Inc., a clinical stage company, develops various implants that treat chronic diseases with high unmet me... More
Vivani Medical 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 Vivani Medical'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 Vivani Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.96 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 20.23 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 5.36 |
Vivani Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vivani Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vivani Medical's standard deviation. In reality, there are many statistical measures that can use Vivani Medical historical prices to predict the future Vivani Medical's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0143 | |||
| Treynor Ratio | 0.1442 |
Vivani Medical Backtested Returns
Vivani Medical appears to be very risky, given 3 months investment horizon. Vivani Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0949, which indicates the firm had a 0.0949% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vivani Medical, which you can use to evaluate the volatility of the company. Please review Vivani Medical's Coefficient Of Variation of 1745.73, risk adjusted performance of 0.0514, and Semi Deviation of 2.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vivani Medical holds a performance score of 7. The entity has a beta of 1.18, which indicates 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, Vivani Medical will likely underperform. Please check Vivani Medical's kurtosis, and the relationship between the downside variance and day median price , to make a quick decision on whether Vivani Medical's existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Vivani Medical has average predictability. Overlapping area represents the amount of predictability between Vivani Medical 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 Vivani Medical price movement. The serial correlation of 0.49 indicates that about 49.0% of current Vivani Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vivani Medical lagged returns against current returns
Autocorrelation, which is Vivani Medical 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 Vivani Medical's stock expected returns. We can calculate the autocorrelation of Vivani Medical returns to help us make a trade decision. For example, suppose you find that Vivani Medical 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 |
Vivani Medical 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 Vivani Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vivani Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vivani Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Vivani Medical Lagged Returns
When evaluating Vivani Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vivani Medical stock have on its future price. Vivani Medical 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, Vivani Medical autocorrelation shows the relationship between Vivani Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Vivani Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical'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 Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:Check out Vivani Medical Correlation, Vivani Medical Volatility and Vivani Medical Alpha and Beta module to complement your research on Vivani Medical. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Vivani Medical 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.