Nerdy Inc Stock Market Value
| NRDY Stock | USD 1.58 0.20 14.49% |
| Symbol | Nerdy |
Nerdy Inc Price To Book Ratio
Is Application Software 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 Nerdy. If investors know Nerdy 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 Nerdy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Revenue Per Share 1.81 | Quarterly Revenue Growth (0.07) | Return On Assets (0.36) | Return On Equity (0.81) |
The market value of Nerdy Inc is measured differently than its book value, which is the value of Nerdy that is recorded on the company's balance sheet. Investors also form their own opinion of Nerdy's value that differs from its market value or its book value, called intrinsic value, which is Nerdy'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 Nerdy's market value can be influenced by many factors that don't directly affect Nerdy'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 Nerdy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nerdy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nerdy'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.
Nerdy '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 Nerdy'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 Nerdy.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Nerdy on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Nerdy Inc or generate 0.0% return on investment in Nerdy over 90 days. Nerdy is related to or competes with Docebo, Guidewire Software, Enfusion, ON24, Paycor HCM, PDF Solutions, and Waldencast Acquisition. The companys purpose-built proprietary platform leverages technology, including AI, to connect learners of various ages ... More
Nerdy 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 Nerdy'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 Nerdy Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.36 | |||
| Information Ratio | 0.1223 | |||
| Maximum Drawdown | 32.12 | |||
| Value At Risk | (6.74) | |||
| Potential Upside | 10.23 |
Nerdy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nerdy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nerdy's standard deviation. In reality, there are many statistical measures that can use Nerdy historical prices to predict the future Nerdy's volatility.| Risk Adjusted Performance | 0.1208 | |||
| Jensen Alpha | 0.7443 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1584 | |||
| Treynor Ratio | 1.41 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nerdy'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.
Nerdy Inc Backtested Returns
Nerdy appears to be very risky, given 3 months investment horizon. Nerdy Inc has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Nerdy's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please exercise Nerdy's Mean Deviation of 3.78, downside deviation of 4.36, and Risk Adjusted Performance of 0.1208 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nerdy holds a performance score of 12. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nerdy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nerdy is expected to be smaller as well. Please check Nerdy's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Nerdy's current price movements will revert.
Auto-correlation | 0.29 |
Poor predictability
Nerdy Inc has poor predictability. Overlapping area represents the amount of predictability between Nerdy time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Nerdy Inc price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Nerdy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Nerdy Inc lagged returns against current returns
Autocorrelation, which is Nerdy 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 Nerdy's stock expected returns. We can calculate the autocorrelation of Nerdy returns to help us make a trade decision. For example, suppose you find that Nerdy 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 |
Nerdy 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 Nerdy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nerdy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nerdy stock over time.
Current vs Lagged Prices |
| Timeline |
Nerdy Lagged Returns
When evaluating Nerdy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nerdy stock have on its future price. Nerdy 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, Nerdy autocorrelation shows the relationship between Nerdy stock current value and its past values and can show if there is a momentum factor associated with investing in Nerdy Inc.
Regressed Prices |
| Timeline |
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When running Nerdy's price analysis, check to measure Nerdy'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 Nerdy is operating at the current time. Most of Nerdy's value examination focuses on studying past and present price action to predict the probability of Nerdy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdy's price. Additionally, you may evaluate how the addition of Nerdy to your portfolios can decrease your overall portfolio volatility.