Seagate Stock Market Value

STX
 Stock
  

USD 54.81  0.11  0.20%   

Seagate Technology's market value is the price at which a share of Seagate Technology stock trades on a public exchange. It measures the collective expectations of Seagate Technology Hldgs investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Seagate Technology Hldgs and determine expected loss or profit from investing in Seagate Technology over a given investment horizon. Additionally, take a look at Seagate Technology Correlation, Seagate Technology Volatility and Seagate Technology Alpha and Beta module to complement your research on Seagate Technology.
Symbol


Is Seagate Technology'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 Seagate Technology. If investors know Seagate 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 Seagate Technology 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 YOY
(0.94) 
Market Capitalization
11.3 B
Quarterly Revenue Growth YOY
(0.35) 
Return On Assets
0.11
Return On Equity
0.92
The market value of Seagate Technology Hldgs is measured differently than its book value, which is the value of Seagate that is recorded on the company's balance sheet. Investors also form their own opinion of Seagate Technology's value that differs from its market value or its book value, called intrinsic value, which is Seagate Technology'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 Seagate Technology's market value can be influenced by many factors that don't directly affect Seagate Technology'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 Seagate Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Seagate Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagate Technology'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.

Seagate Technology '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 Seagate Technology'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 Seagate Technology.
0.00
05/31/2022
No Change 0.00  0.0 
In 5 months and 29 days
11/27/2022
0.00
If you would invest  0.00  in Seagate Technology on May 31, 2022 and sell it all today you would earn a total of 0.00 from holding Seagate Technology Hldgs or generate 0.0% return on investment in Seagate Technology over 180 days. Seagate Technology is related to or competes with Allegion Plc, Benchmark Electronics, Canadian Solar, First Solar, Hollysys Automation, Jinkosolar Holding, and Renesola. Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Neth... More

Seagate Technology 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 Seagate Technology'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 Seagate Technology Hldgs upside and downside potential and time the market with a certain degree of confidence.

Seagate Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Seagate Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seagate Technology's standard deviation. In reality, there are many statistical measures that can use Seagate Technology historical prices to predict the future Seagate Technology's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Seagate Technology'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. Please use the tools below to analyze the current value of Seagate Technology in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
52.3155.1557.99
Details
Intrinsic
Valuation
LowReal ValueHigh
47.1449.9860.17
Details
21 Analysts
Consensus
LowTarget PriceHigh
22.0043.3756.00
Details
Earnings
Estimates (10)
LowProjected EPSHigh
4.344.484.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Seagate Technology. Your research has to be compared to or analyzed against Seagate Technology's peers to derive any actionable benefits. When done correctly, Seagate Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Seagate Technology Hldgs.

Seagate Technology Hldgs Backtested Returns

Seagate Technology Hldgs owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Seagate Technology Hldgs exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Seagate Technology risk adjusted performance of (0.21), and Coefficient Of Variation of (672.30) to confirm the risk estimate we provide.
The entity has a beta of 1.4783, which indicates a somewhat significant risk relative to the market. Let's try to break down what Seagate's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Seagate Technology will likely underperform. Even though it is essential to pay attention to Seagate Technology Hldgs current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Seagate Technology Hldgs exposes twenty-one different technical indicators, which can help you to evaluate its performance. Seagate Technology Hldgs has an expected return of -0.38%. Please be advised to validate Seagate Technology coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Seagate Technology Hldgs performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.08  

Virtually no predictability

Seagate Technology Hldgs has virtually no predictability. Overlapping area represents the amount of predictability between Seagate Technology time series from 31st of May 2022 to 29th of August 2022 and 29th of August 2022 to 27th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Seagate Technology Hldgs price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Seagate Technology price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.19
Residual Average0.0
Price Variance29.48

Seagate Technology Hldgs lagged returns against current returns

Autocorrelation, which is Seagate Technology 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 Seagate Technology's stock expected returns. We can calculate the autocorrelation of Seagate Technology returns to help us make a trade decision. For example, suppose you find that Seagate Technology stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Seagate Technology 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 Seagate Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seagate Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seagate Technology stock over time.
   Current vs Lagged Prices   
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       Timeline  

Seagate Technology Lagged Returns

When evaluating Seagate Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seagate Technology stock have on its future price. Seagate Technology 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, Seagate Technology autocorrelation shows the relationship between Seagate Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Seagate Technology Hldgs.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Seagate Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Seagate Technology Correlation, Seagate Technology Volatility and Seagate Technology Alpha and Beta module to complement your research on Seagate Technology. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Seagate Technology Hldgs price analysis, check to measure Seagate Technology'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 Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.
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Seagate Technology 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.
A focus of Seagate Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Seagate Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...