Intuitive Surgical Stock Market Value
| ISRG Stock | USD 375.33 2.21 0.59% |
| Symbol | Intuitive |
Intuitive Surgical Price To Book Ratio
Is Intuitive Surgical'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 Intuitive Surgical. If investors know Intuitive 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 Intuitive Surgical 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 0.51 | Earnings Share 5.55 | Revenue Per Share 20.79 | Quarterly Revenue Growth 0.115 | Return On Assets 0.08 |
The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical'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 Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical'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 Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical'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.
Intuitive Surgical '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 Intuitive Surgical'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 Intuitive Surgical.
| 02/26/2024 |
| 04/26/2024 |
If you would invest 0.00 in Intuitive Surgical on February 26, 2024 and sell it all today you would earn a total of 0.00 from holding Intuitive Surgical or generate 0.0% return on investment in Intuitive Surgical over 60 days. Intuitive Surgical is related to or competes with West Pharmaceutical, ICU Medical, Merit Medical, AptarGroup, and Teleflex Incorporated. Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to... More
Intuitive Surgical 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 Intuitive Surgical'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 Intuitive Surgical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.5 |
Intuitive Surgical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intuitive Surgical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intuitive Surgical's standard deviation. In reality, there are many statistical measures that can use Intuitive Surgical historical prices to predict the future Intuitive Surgical's volatility.| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | (0.0006) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0719 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intuitive Surgical'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.
Intuitive Surgical Backtested Returns
Intuitive Surgical holds Efficiency (Sharpe) Ratio of -0.012, which attests that the entity had a -0.012% return per unit of risk over the last 3 months. Intuitive Surgical exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intuitive Surgical's Market Risk Adjusted Performance of 0.0819, risk adjusted performance of 0.0127, and Downside Deviation of 1.32 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0822, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intuitive Surgical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intuitive Surgical is expected to be smaller as well. Intuitive Surgical has an expected return of -0.0164%. Please make sure to check out Intuitive Surgical potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Intuitive Surgical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Intuitive Surgical has poor reverse predictability. Overlapping area represents the amount of predictability between Intuitive Surgical time series from 26th of February 2024 to 27th of March 2024 and 27th of March 2024 to 26th 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 Intuitive Surgical price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Intuitive Surgical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 85.96 |
Intuitive Surgical lagged returns against current returns
Autocorrelation, which is Intuitive Surgical 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 Intuitive Surgical's stock expected returns. We can calculate the autocorrelation of Intuitive Surgical returns to help us make a trade decision. For example, suppose you find that Intuitive Surgical 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 |
Intuitive Surgical 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 Intuitive Surgical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intuitive Surgical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intuitive Surgical stock over time.
Current vs Lagged Prices |
| Timeline |
Intuitive Surgical Lagged Returns
When evaluating Intuitive Surgical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intuitive Surgical stock have on its future price. Intuitive Surgical 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, Intuitive Surgical autocorrelation shows the relationship between Intuitive Surgical stock current value and its past values and can show if there is a momentum factor associated with investing in Intuitive Surgical.
Regressed Prices |
| Timeline |
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When running Intuitive Surgical's price analysis, check to measure Intuitive Surgical'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 Intuitive Surgical is operating at the current time. Most of Intuitive Surgical's value examination focuses on studying past and present price action to predict the probability of Intuitive Surgical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuitive Surgical's price. Additionally, you may evaluate how the addition of Intuitive Surgical to your portfolios can decrease your overall portfolio volatility.
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Intuitive Surgical 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.