Delcath Systems Stock Market Value
| DCTH Stock | USD 11.22 0.57 5.35% |
| Symbol | Delcath |
Delcath 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 Delcath Systems. If investors know Delcath 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 Delcath Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Revenue Per Share 0.505 | Quarterly Revenue Growth 14.689 | Return On Assets (0.82) | Return On Equity (4.79) |
The market value of Delcath Systems is measured differently than its book value, which is the value of Delcath that is recorded on the company's balance sheet. Investors also form their own opinion of Delcath Systems' value that differs from its market value or its book value, called intrinsic value, which is Delcath Systems' 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 Delcath Systems' market value can be influenced by many factors that don't directly affect Delcath Systems' 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 Delcath Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delcath Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delcath Systems' 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.
Delcath Systems '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 Delcath Systems' 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 Delcath Systems.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Delcath Systems on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Delcath Systems or generate 0.0% return on investment in Delcath Systems over 30 days. Delcath Systems is related to or competes with Neuropace, SurModics, CVRx, LivaNova PLC, Electromed, Orthopediatrics Corp, and Tela Bio. Delcath Systems, Inc., an interventional oncology company, focuses on the treatment of primary and metastatic liver canc... More
Delcath Systems 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 Delcath Systems' 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 Delcath Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | 0.0458 | |||
| Maximum Drawdown | 25.52 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 7.57 |
Delcath Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delcath Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delcath Systems' standard deviation. In reality, there are many statistical measures that can use Delcath Systems historical prices to predict the future Delcath Systems' volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | 0.1916 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0522 | |||
| Treynor Ratio | 0.3407 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Delcath Systems' 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.
Delcath Systems Backtested Returns
Delcath Systems is somewhat reliable at the moment. Delcath Systems secures Sharpe Ratio (or Efficiency) of 0.0259, which denotes the company had a 0.0259% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Delcath Systems, which you can use to evaluate the volatility of the firm. Please confirm Delcath Systems' Coefficient Of Variation of 1255.04, mean deviation of 2.71, and Downside Deviation of 3.37 to check if the risk estimate we provide is consistent with the expected return of 0.0889%. Delcath Systems has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.87, which means possible diversification benefits within a given portfolio. Delcath Systems returns are very sensitive to returns on the market. As the market goes up or down, Delcath Systems is expected to follow. Delcath Systems right now shows a risk of 3.44%. Please confirm Delcath Systems total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Delcath Systems will be following its price patterns.
Auto-correlation | -0.69 |
Very good reverse predictability
Delcath Systems has very good reverse predictability. Overlapping area represents the amount of predictability between Delcath Systems 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 Delcath Systems price movement. The serial correlation of -0.69 indicates that around 69.0% of current Delcath Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Delcath Systems lagged returns against current returns
Autocorrelation, which is Delcath Systems 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 Delcath Systems' stock expected returns. We can calculate the autocorrelation of Delcath Systems returns to help us make a trade decision. For example, suppose you find that Delcath Systems 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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Delcath Systems 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 Delcath Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delcath Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delcath Systems stock over time.
Current vs Lagged Prices |
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Delcath Systems Lagged Returns
When evaluating Delcath Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delcath Systems stock have on its future price. Delcath Systems 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, Delcath Systems autocorrelation shows the relationship between Delcath Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Delcath Systems.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Delcath Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delcath Systems' 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 Delcath Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delcath Systems Stock:Check out Delcath Systems Correlation, Delcath Systems Volatility and Delcath Systems Alpha and Beta module to complement your research on Delcath Systems. For more detail on how to invest in Delcath Stock please use our How to Invest in Delcath Systems guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Delcath Systems 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.