Arvinas Stock Market Value
| ARVN Stock | USD 25.98 1.50 6.13% |
| Symbol | Arvinas |
Arvinas Price To Book Ratio
Is Pharmaceuticals 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 Arvinas. If investors know Arvinas 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 Arvinas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.79) | Revenue Per Share 2.327 | Quarterly Revenue Growth 1.96 | Return On Assets (0.20) | Return On Equity (0.59) |
The market value of Arvinas is measured differently than its book value, which is the value of Arvinas that is recorded on the company's balance sheet. Investors also form their own opinion of Arvinas' value that differs from its market value or its book value, called intrinsic value, which is Arvinas' 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 Arvinas' market value can be influenced by many factors that don't directly affect Arvinas' 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 Arvinas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arvinas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arvinas' 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.
Arvinas '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 Arvinas' 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 Arvinas.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Arvinas on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Arvinas or generate 0.0% return on investment in Arvinas over 30 days. Arvinas is related to or competes with C4 Therapeutics, Monte Rosa, Nurix Therapeutics, Foghorn Therapeutics, Relay Therapeutics, Stoke Therapeutics, and Pliant Therapeutics. Arvinas, Inc., a clinical-stage biopharmaceutical company, engages in the discovery, development, and commercialization ... More
Arvinas 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 Arvinas' 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 Arvinas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.13 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 4.85 |
Arvinas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arvinas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arvinas' standard deviation. In reality, there are many statistical measures that can use Arvinas historical prices to predict the future Arvinas' volatility.| Risk Adjusted Performance | 0.0235 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0295 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arvinas' 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.
Arvinas Backtested Returns
As of now, Arvinas Stock is very steady. Arvinas secures Sharpe Ratio (or Efficiency) of 0.014, which signifies that the company had a 0.014% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arvinas, which you can use to evaluate the volatility of the firm. Please confirm Arvinas' Downside Deviation of 3.63, risk adjusted performance of 0.0235, and Mean Deviation of 2.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.0488%. Arvinas has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.04, 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, Arvinas will likely underperform. Arvinas right now shows a risk of 3.48%. Please confirm Arvinas value at risk, as well as the relationship between the skewness and day median price , to decide if Arvinas will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Arvinas has virtually no predictability. Overlapping area represents the amount of predictability between Arvinas time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Arvinas price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Arvinas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.09 |
Arvinas lagged returns against current returns
Autocorrelation, which is Arvinas 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 Arvinas' stock expected returns. We can calculate the autocorrelation of Arvinas returns to help us make a trade decision. For example, suppose you find that Arvinas 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 |
Arvinas 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 Arvinas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arvinas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arvinas stock over time.
Current vs Lagged Prices |
| Timeline |
Arvinas Lagged Returns
When evaluating Arvinas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arvinas stock have on its future price. Arvinas 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, Arvinas autocorrelation shows the relationship between Arvinas stock current value and its past values and can show if there is a momentum factor associated with investing in Arvinas.
Regressed Prices |
| Timeline |
Pair Trading with Arvinas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arvinas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arvinas will appreciate offsetting losses from the drop in the long position's value.Moving against Arvinas Stock
The ability to find closely correlated positions to Arvinas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arvinas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arvinas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arvinas to buy it.
The correlation of Arvinas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arvinas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arvinas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arvinas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Arvinas Correlation, Arvinas Volatility and Arvinas Alpha and Beta module to complement your research on Arvinas. To learn how to invest in Arvinas Stock, please use our How to Invest in Arvinas guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Arvinas 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.