Scienjoy Holding Corp Stock Market Value
| SJ Stock | USD 0.92 0.02 2.13% |
| Symbol | Scienjoy |
Scienjoy Holding Corp Price To Book Ratio
Is Movies & Entertainment 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 Scienjoy Holding. If investors know Scienjoy 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 Scienjoy Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Earnings Share (0.24) | Revenue Per Share 36.299 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0194 |
The market value of Scienjoy Holding Corp is measured differently than its book value, which is the value of Scienjoy that is recorded on the company's balance sheet. Investors also form their own opinion of Scienjoy Holding's value that differs from its market value or its book value, called intrinsic value, which is Scienjoy 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 Scienjoy Holding's market value can be influenced by many factors that don't directly affect Scienjoy 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 Scienjoy Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scienjoy Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scienjoy 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.
Scienjoy Holding '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 Scienjoy Holding'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 Scienjoy Holding.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Scienjoy Holding on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Scienjoy Holding Corp or generate 0.0% return on investment in Scienjoy Holding over 30 days. Scienjoy Holding is related to or competes with News Corp, News Corp, Atlanta Braves, Liberty Media, Madison Square, Sphere Entertainment, and Endeavor Group. Scienjoy Holding Corporation provides mobile live streaming platforms in the Peoples Republic of China More
Scienjoy Holding 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 Scienjoy Holding'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 Scienjoy Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.18 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 27.5 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 8.75 |
Scienjoy Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scienjoy Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scienjoy Holding's standard deviation. In reality, there are many statistical measures that can use Scienjoy Holding historical prices to predict the future Scienjoy Holding's volatility.| Risk Adjusted Performance | 0.0152 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0982 |
Scienjoy Holding Corp Backtested Returns
Scienjoy Holding Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0057, which indicates the firm had a -0.0057% return per unit of risk over the last 3 months. Scienjoy Holding Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scienjoy Holding's Coefficient Of Variation of 11500.37, risk adjusted performance of 0.0152, and Semi Deviation of 4.22 to confirm the risk estimate we provide. The entity has a beta of 0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scienjoy Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scienjoy Holding is expected to be smaller as well. At this point, Scienjoy Holding Corp has a negative expected return of -0.0314%. Please make sure to validate Scienjoy Holding's treynor ratio and the relationship between the semi variance and period momentum indicator , to decide if Scienjoy Holding Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Scienjoy Holding Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Scienjoy Holding time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Scienjoy Holding Corp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Scienjoy Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scienjoy Holding Corp lagged returns against current returns
Autocorrelation, which is Scienjoy Holding 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 Scienjoy Holding's stock expected returns. We can calculate the autocorrelation of Scienjoy Holding returns to help us make a trade decision. For example, suppose you find that Scienjoy Holding 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 |
Scienjoy Holding 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 Scienjoy Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scienjoy Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scienjoy Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Scienjoy Holding Lagged Returns
When evaluating Scienjoy Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scienjoy Holding stock have on its future price. Scienjoy Holding 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, Scienjoy Holding autocorrelation shows the relationship between Scienjoy Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Scienjoy Holding Corp.
Regressed Prices |
| Timeline |
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Scienjoy Holding 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.