Seagen Stock Market Value

SGEN
 Stock
  

USD 180.11  3.17  1.79%   

Seagen's market value is the price at which a share of Seagen stock trades on a public exchange. It measures the collective expectations of Seagen Inc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Seagen Inc and determine expected loss or profit from investing in Seagen over a given investment horizon. Additionally, take a look at Seagen Hype Analysis, Seagen Correlation, Seagen Valuation, Seagen Volatility, as well as analyze Seagen Alpha and Beta and Seagen Performance.
Symbol
Backtest


Is Seagen'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 Seagen. If investors know Seagen 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 Seagen 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
5.23
Market Capitalization
33.2 B
Quarterly Revenue Growth YOY
0.28
Return On Assets
-0.11
Return On Equity
-0.21
The market value of Seagen Inc is measured differently than its book value, which is the value of Seagen that is recorded on the company's balance sheet. Investors also form their own opinion of Seagen's value that differs from its market value or its book value, called intrinsic value, which is Seagen'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 Seagen's market value can be influenced by many factors that don't directly affect Seagen'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 Seagen's value and its price as these two are different measures arrived at by different means. Investors typically determine Seagen value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagen'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.

Seagen '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 Seagen'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 Seagen.
0.00
07/14/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
07/04/2022
0.00
If you would invest  0.00  in Seagen on July 14, 2020 and sell it all today you would earn a total of 0.00 from holding Seagen Inc or generate 0.0% return on investment in Seagen over 720 days. Seagen is related to or competes with Pfizer, Perrigo, Trinity Bio, Zoetis Inc, Daqo New, Avnet, and Mereo Biopharma. Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United St...More

Seagen 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 Seagen'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 Seagen Inc upside and downside potential and time the market with a certain degree of confidence.

Seagen Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Seagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seagen's standard deviation. In reality, there are many statistical measures that can use Seagen historical prices to predict the future Seagen's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Seagen'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 Seagen in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
174.67178.27181.87
Details
Intrinsic
Valuation
LowReal ValueHigh
179.25182.85186.45
Details
Naive
Forecast
LowNext ValueHigh
186.40190.00193.60
Details
14 Analysts
Consensus
LowTarget PriceHigh
153.00182.85210.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Seagen. Your research has to be compared to or analyzed against Seagen's peers to derive any actionable benefits. When done correctly, Seagen'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 Seagen Inc.

Seagen Inc Backtested Returns

Seagen appears to be very steady, given 3 months investment horizon. Seagen Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0973, which indicates the firm had 0.0973% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Seagen Inc, which you can use to evaluate the future volatility of the company. Please review Seagen's Semi Deviation of 2.92, risk adjusted performance of 0.1709, and Coefficient Of Variation of 860.35 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Seagen holds a performance score of 7. The entity has a beta of 0.9128, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Seagen's beta means in this case. Seagen returns are very sensitive to returns on the market. As the market goes up or down, Seagen is expected to follow. Although it is vital to follow Seagen Inc current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Seagen Inc technical indicators, you can presently evaluate if the expected return of 0.35% will be sustainable into the future. Please operates Seagen variance, as well as the relationship between the value at risk and skewness to make a quick decision on whether Seagen Inc existing price patterns will revert.

Auto-correlation

    
  0.41  

Average predictability

Seagen Inc has average predictability. Overlapping area represents the amount of predictability between Seagen time series from 14th of July 2020 to 9th of July 2021 and 9th of July 2021 to 4th of July 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 Seagen Inc price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Seagen price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test0.25
Residual Average0.0
Price Variance289.07

Seagen Inc lagged returns against current returns

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

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

Seagen Lagged Returns

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

Seagen Investors Sentiment

The influence of Seagen'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 Seagen. 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.

Seagen Implied Volatility

    
  70.48  
Seagen's implied volatility exposes the market's sentiment of Seagen Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Seagen'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 Seagen stock will not fluctuate a lot when Seagen'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 Seagen 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, Seagen's short interest history, or implied volatility extrapolated from Seagen options trading.

Current Sentiment - SGEN

Seagen Inc Investor Sentiment

Most of Macroaxis users are at this time bullish on Seagen Inc. What is your outlook on investing in Seagen Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Additionally, take a look at Seagen Hype Analysis, Seagen Correlation, Seagen Valuation, Seagen Volatility, as well as analyze Seagen Alpha and Beta and Seagen Performance. Note that the Seagen Inc information on this page should be used as a complementary analysis to other Seagen'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Seagen Stock analysis

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