Snap Inc Stock Market Value
| SNAP Stock | USD 11.63 0.73 6.70% |
| Symbol | Snap |
Snap Inc Price To Book Ratio
Is Snap's industry 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 Snap. If investors know Snap 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 Snap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Revenue Per Share 2.856 | Quarterly Revenue Growth 0.047 | Return On Assets (0.11) | Return On Equity (0.53) |
The market value of Snap Inc is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap's value that differs from its market value or its book value, called intrinsic value, which is Snap'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 Snap's market value can be influenced by many factors that don't directly affect Snap'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 Snap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap'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.
Snap '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 Snap'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 Snap.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Snap on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Snap Inc or generate 0.0% return on investment in Snap over 30 days. Snap is related to or competes with Twilio, and Tencent Holdings. Snap Inc. operates as a camera company in North America, Europe, and internationally More
Snap 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 Snap'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 Snap Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 42.05 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 4.77 |
Snap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Snap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Snap's standard deviation. In reality, there are many statistical measures that can use Snap historical prices to predict the future Snap's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Snap'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.
Snap Inc Backtested Returns
Snap Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0776, which indicates the firm had a -0.0776% return per unit of risk over the last 3 months. Snap Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snap's Coefficient Of Variation of (1,814), risk adjusted performance of (0.03), and Variance of 26.16 to confirm the risk estimate we provide. The entity has a beta of 1.33, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Snap will likely underperform. Snap Inc has an expected return of -0.4%. Please make sure to validate Snap treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Snap Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Snap Inc has virtually no predictability. Overlapping area represents the amount of predictability between Snap time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Snap Inc price movement. The serial correlation of 0.02 indicates that only 2.0% of current Snap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Snap Inc lagged returns against current returns
Autocorrelation, which is Snap 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 Snap's stock expected returns. We can calculate the autocorrelation of Snap returns to help us make a trade decision. For example, suppose you find that Snap 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 |
Snap 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 Snap stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Snap stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Snap stock over time.
Current vs Lagged Prices |
| Timeline |
Snap Lagged Returns
When evaluating Snap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Snap stock have on its future price. Snap 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, Snap autocorrelation shows the relationship between Snap stock current value and its past values and can show if there is a momentum factor associated with investing in Snap Inc.
Regressed Prices |
| Timeline |
Snap Investors Sentiment
The influence of Snap's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Snap. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Snap's public news can be used to forecast risks associated with an investment in Snap. The trend in average sentiment can be used to explain how an investor holding Snap can time the market purely based on public headlines and social activities around Snap Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Snap's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Snap's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Snap's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Snap.
Snap Implied Volatility | 91.59 |
Snap's implied volatility exposes the market's sentiment of Snap Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Snap's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Snap stock will not fluctuate a lot when Snap's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Snap in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Snap's short interest history, or implied volatility extrapolated from Snap options trading.
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When determining whether Snap Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Snap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Snap Inc Stock. Highlighted below are key reports to facilitate an investment decision about Snap Inc Stock:Check out Snap Correlation, Snap Volatility and Snap Alpha and Beta module to complement your research on Snap. Note that the Snap Inc information on this page should be used as a complementary analysis to other Snap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Snap Stock analysis
When running Snap's price analysis, check to measure Snap'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 Snap is operating at the current time. Most of Snap's value examination focuses on studying past and present price action to predict the probability of Snap's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap's price. Additionally, you may evaluate how the addition of Snap to your portfolios can decrease your overall portfolio volatility.
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Snap 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.