Senseonics Holdings Stock Market Value
| SENS Stock | USD 0.31 0.02 6.90% |
| Symbol | Senseonics |
Senseonics Holdings 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 Senseonics Holdings. If investors know Senseonics 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 Senseonics Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.13) | Revenue Per Share 0.036 | Quarterly Revenue Growth (0.30) | Return On Assets (0.39) | Return On Equity (1.46) |
The market value of Senseonics Holdings is measured differently than its book value, which is the value of Senseonics that is recorded on the company's balance sheet. Investors also form their own opinion of Senseonics Holdings' value that differs from its market value or its book value, called intrinsic value, which is Senseonics Holdings' 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 Senseonics Holdings' market value can be influenced by many factors that don't directly affect Senseonics Holdings' 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 Senseonics Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Senseonics Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Senseonics Holdings' 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.
Senseonics Holdings '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 Senseonics Holdings' 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 Senseonics Holdings.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Senseonics Holdings on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Senseonics Holdings or generate 0.0% return on investment in Senseonics Holdings over 510 days. Senseonics Holdings is related to or competes with Inari Medical, CONMED, Glaukos Corp, Nevro Corp, Medtronic PLC, Monogram Orthopaedics, and Butterfly Network. Senseonics Holdings, Inc., a medical technology company, develops and commercializes continuous glucose monitoring syste... More
Senseonics Holdings 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 Senseonics Holdings' 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 Senseonics Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 26.13 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.14 |
Senseonics Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senseonics Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senseonics Holdings' standard deviation. In reality, there are many statistical measures that can use Senseonics Holdings historical prices to predict the future Senseonics Holdings' volatility.| Risk Adjusted Performance | 0.0064 | |||
| Jensen Alpha | 0.0234 | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 0.0595 |
Senseonics Holdings Backtested Returns
Senseonics Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0691, which indicates the firm had a -0.0691% return per unit of risk over the last 3 months. Senseonics Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Senseonics Holdings' Variance of 25.75, coefficient of variation of (32,939), and Risk Adjusted Performance of 0.0064 to confirm the risk estimate we provide. The entity has a beta of -0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Senseonics Holdings are expected to decrease at a much lower rate. During the bear market, Senseonics Holdings is likely to outperform the market. At this point, Senseonics Holdings has a negative expected return of -0.33%. Please make sure to validate Senseonics Holdings' total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Senseonics Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Senseonics Holdings has weak predictability. Overlapping area represents the amount of predictability between Senseonics Holdings time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Senseonics Holdings price movement. The serial correlation of 0.21 indicates that over 21.0% of current Senseonics Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Senseonics Holdings lagged returns against current returns
Autocorrelation, which is Senseonics Holdings 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 Senseonics Holdings' stock expected returns. We can calculate the autocorrelation of Senseonics Holdings returns to help us make a trade decision. For example, suppose you find that Senseonics Holdings 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 |
Senseonics Holdings 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 Senseonics Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senseonics Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senseonics Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Senseonics Holdings Lagged Returns
When evaluating Senseonics Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senseonics Holdings stock have on its future price. Senseonics Holdings 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, Senseonics Holdings autocorrelation shows the relationship between Senseonics Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Senseonics Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Senseonics Stock Analysis
When running Senseonics Holdings' price analysis, check to measure Senseonics Holdings' 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 Senseonics Holdings is operating at the current time. Most of Senseonics Holdings' value examination focuses on studying past and present price action to predict the probability of Senseonics Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senseonics Holdings' price. Additionally, you may evaluate how the addition of Senseonics Holdings to your portfolios can decrease your overall portfolio volatility.