Bill Stock Market Value

BILL
 Stock
  

USD 121.60  2.04  1.65%   

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


Is Bill'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 Bill. If investors know Bill 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 Bill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
12.7 B
Quarterly Revenue Growth YOY
0.94
Return On Assets
(0.0216) 
Return On Equity
(0.08) 
The market value of Bill Com Holdings is measured differently than its book value, which is the value of Bill that is recorded on the company's balance sheet. Investors also form their own opinion of Bill's value that differs from its market value or its book value, called intrinsic value, which is Bill'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 Bill's market value can be influenced by many factors that don't directly affect Bill'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 Bill's value and its price as these two are different measures arrived at by different means. Investors typically determine Bill value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bill'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.

Bill '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 Bill'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 Bill.
0.00
11/02/2022
No Change 0.00  0.0 
In 31 days
12/02/2022
0.00
If you would invest  0.00  in Bill on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding Bill Com Holdings or generate 0.0% return on investment in Bill over 30 days. Bill is related to or competes with PT Bank, Bank Central, GROWTH FUND, Etsy, and RETAILING PORTFOLIO. Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial op... More

Bill 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 Bill'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 Bill Com Holdings upside and downside potential and time the market with a certain degree of confidence.

Bill Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bill's standard deviation. In reality, there are many statistical measures that can use Bill historical prices to predict the future Bill's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bill'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 Bill in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
117.68122.54127.40
Details
Intrinsic
Valuation
LowReal ValueHigh
109.67165.44170.30
Details
15 Analysts
Consensus
LowTarget PriceHigh
140.00303.21380.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
-2.66-2.31-2.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bill. Your research has to be compared to or analyzed against Bill's peers to derive any actionable benefits. When done correctly, Bill'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 Bill Com Holdings.

Bill Com Holdings Backtested Returns

Bill Com Holdings secures Sharpe Ratio (or Efficiency) of -0.0427, which signifies that the company had -0.0427% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing 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. Bill Com Holdings exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bill Com Holdings risk adjusted performance of (0.1), and Mean Deviation of 3.53 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 2.2841, which signifies a somewhat significant risk relative to the market. Let's try to break down what Bill'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, Bill will likely underperform. Even though it is essential to pay attention to Bill Com Holdings historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing 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. Bill Com Holdings exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Bill Com Holdings has an expected return of -0.21%. Please be advised to confirm Bill Com Holdings total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power to decide if Bill Com Holdings performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.21  

Weak predictability

Bill Com Holdings has weak predictability. Overlapping area represents the amount of predictability between Bill time series from 2nd of November 2022 to 17th of November 2022 and 17th of November 2022 to 2nd of December 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 Bill Com Holdings price movement. The serial correlation of 0.21 indicates that over 21.0% of current Bill price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.48
Residual Average0.0
Price Variance15.58

Bill Com Holdings lagged returns against current returns

Autocorrelation, which is Bill 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 Bill's stock expected returns. We can calculate the autocorrelation of Bill returns to help us make a trade decision. For example, suppose you find that Bill 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  

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

Bill Lagged Returns

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

Bill Investors Sentiment

The influence of Bill'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 Bill. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Bill's public news can be used to forecast risks associated with investment in Bill. The trend in average sentiment can be used to explain how an investor holding Bill can time the market purely based on public headlines and social activities around Bill Com Holdings. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bill'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 Bill'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 Bill's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bill.

Bill Implied Volatility

    
  76.98  
Bill's implied volatility exposes the market's sentiment of Bill Com Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bill'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 Bill stock will not fluctuate a lot when Bill'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 Bill 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, Bill's short interest history, or implied volatility extrapolated from Bill options trading.

Pair Trading with Bill

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bill position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bill will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bill

+0.9AYXAlteryx Downward RallyPairCorr
The ability to find closely correlated positions to Bill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bill when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bill - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bill Com Holdings to buy it.
The correlation of Bill is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bill Com Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bill can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Bill Correlation, Bill Volatility and Bill Alpha and Beta module to complement your research on Bill. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Bill Com Holdings price analysis, check to measure Bill'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 Bill is operating at the current time. Most of Bill's value examination focuses on studying past and present price action to predict the probability of Bill's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bill's price. Additionally, you may evaluate how the addition of Bill to your portfolios can decrease your overall portfolio volatility.
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Bill 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 Bill technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bill 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...