23Andme Historical Valuation
| ME Stock | USD 2.55 0.08 3.24% |
Some fundamental drivers such as market cap or 23Andme Holding enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze 23Andme Holding valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of 23Andme Holding's future value.
23Andme |
About 23Andme Valuation Data Analysis
Valuation is the financial process of determining what 23Andme Holding is worth. 23Andme Holding valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. 23Andme Holding valuation ratios help investors to determine whether 23Andme Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 23Andme with respect to the benefits of owning 23Andme Holding security.
23Andme Holding Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as 23Andme Holding theoretical takeover price. In the event of an acquisition, an acquirer would have to take on 23Andme Holding debt, but would also pocket its cash. Enterprise Value is more accurate representation of 23Andme Holding value than its market capitalization because it takes into account all of 23Andme Holding Co existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 23Andme Holding. If investors know 23Andme 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 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.39) | Revenue Per Share | Quarterly Revenue Growth 0.347 | Return On Assets | Return On Equity |
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding'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 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding'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 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding'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.