Solarwinds Corp Stock Market Value
| SWI Stock | USD 14.30 0.15 1.04% |
| Symbol | SolarWinds |
SolarWinds Corp 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 SolarWinds Corp. If investors know SolarWinds 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 SolarWinds Corp 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 37.168 | Earnings Share 0.22 | Revenue Per Share 4.668 | Quarterly Revenue Growth 0.055 | Return On Assets 0.041 |
The market value of SolarWinds Corp is measured differently than its book value, which is the value of SolarWinds that is recorded on the company's balance sheet. Investors also form their own opinion of SolarWinds Corp's value that differs from its market value or its book value, called intrinsic value, which is SolarWinds Corp'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 SolarWinds Corp's market value can be influenced by many factors that don't directly affect SolarWinds Corp'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 SolarWinds Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarWinds Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarWinds Corp'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.
SolarWinds Corp '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 SolarWinds Corp'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 SolarWinds Corp.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in SolarWinds Corp on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding SolarWinds Corp or generate 0.0% return on investment in SolarWinds Corp over 720 days. SolarWinds Corp is related to or competes with Global Blue, Consensus Cloud, CSG Systems, Radware, Secureworks Corp, Evertec, and Couchbase. SolarWinds Corporation provides information technology management software products in the United States and internation... More
SolarWinds Corp 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 SolarWinds Corp'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 SolarWinds Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0751 | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.81 |
SolarWinds Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SolarWinds Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SolarWinds Corp's standard deviation. In reality, there are many statistical measures that can use SolarWinds Corp historical prices to predict the future SolarWinds Corp's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.1517 | |||
| Total Risk Alpha | 0.09 | |||
| Sortino Ratio | 0.0838 | |||
| Treynor Ratio | 0.4087 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SolarWinds Corp'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.
SolarWinds Corp Backtested Returns
SolarWinds Corp appears to be not too volatile, given 3 months investment horizon. SolarWinds Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SolarWinds Corp, which you can use to evaluate the volatility of the company. Please review SolarWinds Corp's Risk Adjusted Performance of 0.086, coefficient of variation of 992.82, and Semi Deviation of 1.38 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SolarWinds Corp holds a performance score of 9. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SolarWinds Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding SolarWinds Corp is expected to be smaller as well. Please check SolarWinds Corp's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether SolarWinds Corp's existing price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
SolarWinds Corp has modest predictability. Overlapping area represents the amount of predictability between SolarWinds Corp time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 SolarWinds Corp price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current SolarWinds Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
SolarWinds Corp lagged returns against current returns
Autocorrelation, which is SolarWinds Corp 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 SolarWinds Corp's stock expected returns. We can calculate the autocorrelation of SolarWinds Corp returns to help us make a trade decision. For example, suppose you find that SolarWinds Corp 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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SolarWinds Corp 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 SolarWinds Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SolarWinds Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SolarWinds Corp stock over time.
Current vs Lagged Prices |
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SolarWinds Corp Lagged Returns
When evaluating SolarWinds Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SolarWinds Corp stock have on its future price. SolarWinds Corp 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, SolarWinds Corp autocorrelation shows the relationship between SolarWinds Corp stock current value and its past values and can show if there is a momentum factor associated with investing in SolarWinds Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether SolarWinds Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SolarWinds Corp's 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 Solarwinds Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solarwinds Corp Stock:Check out SolarWinds Corp Correlation, SolarWinds Corp Volatility and SolarWinds Corp Alpha and Beta module to complement your research on SolarWinds Corp. For more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
SolarWinds Corp 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.