Trade Desk Stock Beta
| TTD Stock | USD 89.64 1.72 1.88% |
Trade Desk fundamentals help investors to digest information that contributes to Trade Desk's financial success or failures. It also enables traders to predict the movement of Trade Stock. The fundamental analysis module provides a way to measure Trade Desk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Trade Desk stock.
Trade | Beta |
Trade Desk Company Beta Analysis
Trade Desk's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Trade Desk Beta | 1.49 |
Most of Trade Desk's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Trade Desk is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Trade Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Trade Desk is extremely important. It helps to project a fair market value of Trade Stock properly, considering its historical fundamentals such as Beta. Since Trade Desk's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Trade Desk's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Trade Desk's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Trade Desk has a Beta of 1.492. This is 40.75% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Trade Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Trade Desk's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Trade Desk could also be used in its relative valuation, which is a method of valuing Trade Desk by comparing valuation metrics of similar companies.Trade Desk is currently under evaluation in beta category among related companies.
Trade Desk Institutional Holders
Institutional Holdings refers to the ownership stake in Trade Desk that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Trade Desk's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Trade Desk's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 4.4 M | Norges Bank | 2023-12-31 | 3.5 M | Millennium Management Llc | 2023-12-31 | 3.3 M | Macquarie Group Ltd | 2023-12-31 | 2.9 M | Northern Trust Corp | 2023-12-31 | 2.8 M | Ing Investment Management Llc | 2023-12-31 | 2.7 M | Legal & General Group Plc | 2023-12-31 | 2.5 M | Zevenbergen Capital Investments Llc | 2023-12-31 | 2.5 M | Jericho Capital Asset Management Lp | 2023-12-31 | 2.3 M | Vanguard Group Inc | 2023-12-31 | 41.7 M | Baillie Gifford & Co Limited. | 2023-12-31 | 41 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trade Desk will likely underperform.
Trade Fundamentals
| Return On Equity | 0.0836 | ||||
| Return On Asset | 0.027 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 42.68 B | ||||
| Shares Outstanding | 444.81 M | ||||
| Shares Owned By Insiders | 0.95 % | ||||
| Shares Owned By Institutions | 78.45 % | ||||
| Number Of Shares Shorted | 8.85 M | ||||
| Price To Earning | 9.98 X | ||||
| Price To Book | 19.52 X | ||||
| Price To Sales | 21.70 X | ||||
| Revenue | 1.95 B | ||||
| Gross Profit | 1.3 B | ||||
| EBITDA | 281.89 M | ||||
| Net Income | 178.94 M | ||||
| Cash And Equivalents | 1.21 B | ||||
| Cash Per Share | 2.48 X | ||||
| Total Debt | 235.89 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.92 X | ||||
| Book Value Per Share | 4.43 X | ||||
| Cash Flow From Operations | 598.32 M | ||||
| Short Ratio | 2.82 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Price To Earnings To Growth | 3.41 X | ||||
| Target Price | 98.53 | ||||
| Number Of Employees | 3.12 K | ||||
| Beta | 1.49 | ||||
| Market Capitalization | 43.81 B | ||||
| Total Asset | 4.89 B | ||||
| Retained Earnings | 196.95 M | ||||
| Working Capital | 1.8 B | ||||
| Current Asset | 199.8 M | ||||
| Current Liabilities | 118.9 M | ||||
| Net Asset | 4.89 B |
About Trade Desk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Trade Desk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trade Desk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trade Desk based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Trade Desk is a strong investment it is important to analyze Trade Desk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trade Desk's future performance. For an informed investment choice regarding Trade Stock, refer to the following important reports:Check out Trade Desk Piotroski F Score and Trade Desk Altman Z Score analysis. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Trade Stock analysis
When running Trade Desk's price analysis, check to measure Trade Desk'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 Trade Desk is operating at the current time. Most of Trade Desk's value examination focuses on studying past and present price action to predict the probability of Trade Desk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trade Desk's price. Additionally, you may evaluate how the addition of Trade Desk to your portfolios can decrease your overall portfolio volatility.
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Is Trade Desk'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 Trade Desk. If investors know Trade 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 Trade Desk 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 0.366 | Earnings Share 0.36 | Revenue Per Share 3.978 | Quarterly Revenue Growth 0.234 | Return On Assets 0.027 |
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk'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 Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk'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 Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk'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.