Formfactor Stock Market Value
FORM Stock | USD 45.63 0.78 1.74% |
Symbol | FormFactor |
FormFactor Price To Book Ratio
Is FormFactor'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 FormFactor. If investors know FormFactor 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 FormFactor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.05 | Revenue Per Share 8.571 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0072 | Return On Equity 0.096 |
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor'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 FormFactor's market value can be influenced by many factors that don't directly affect FormFactor'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 FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor'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.
FormFactor '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 FormFactor'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 FormFactor.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in FormFactor on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding FormFactor or generate 0.0% return on investment in FormFactor over 30 days. FormFactor is related to or competes with Diodes Incorporated, Microchip Technology, MagnaChip Semiconductor, Nano Labs, ON Semiconductor, Mobix Labs, and Monolithic Power. FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, the... More
FormFactor 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 FormFactor'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 FormFactor upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.47 | |||
Information Ratio | 0.0185 | |||
Maximum Drawdown | 15.44 | |||
Value At Risk | (4.64) | |||
Potential Upside | 4.38 |
FormFactor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FormFactor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FormFactor's standard deviation. In reality, there are many statistical measures that can use FormFactor historical prices to predict the future FormFactor's volatility.Risk Adjusted Performance | 0.0449 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.46) | |||
Sortino Ratio | 0.0211 | |||
Treynor Ratio | 0.0769 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FormFactor'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.
FormFactor Backtested Returns
We consider FormFactor very steady. FormFactor secures Sharpe Ratio (or Efficiency) of 0.0641, which denotes the company had a 0.0641% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FormFactor, which you can use to evaluate the volatility of the firm. Please confirm FormFactor's Mean Deviation of 2.11, coefficient of variation of 1507.41, and Downside Deviation of 2.47 to check if the risk estimate we provide is consistent with the expected return of 0.19%. FormFactor has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.3, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FormFactor will likely underperform. FormFactor right now shows a risk of 2.9%. Please confirm FormFactor value at risk, as well as the relationship between the skewness and day median price , to decide if FormFactor will be following its price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
FormFactor has very weak reverse predictability. Overlapping area represents the amount of predictability between FormFactor time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 FormFactor price movement. The serial correlation of -0.06 indicates that barely 6.0% of current FormFactor price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.06 | |
Spearman Rank Test | -0.01 | |
Residual Average | 0.0 | |
Price Variance | 1.3 |
FormFactor lagged returns against current returns
Autocorrelation, which is FormFactor 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 FormFactor's stock expected returns. We can calculate the autocorrelation of FormFactor returns to help us make a trade decision. For example, suppose you find that FormFactor 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 |
FormFactor 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 FormFactor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FormFactor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FormFactor stock over time.
Current vs Lagged Prices |
Timeline |
FormFactor Lagged Returns
When evaluating FormFactor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FormFactor stock have on its future price. FormFactor 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, FormFactor autocorrelation shows the relationship between FormFactor stock current value and its past values and can show if there is a momentum factor associated with investing in FormFactor.
Regressed Prices |
Timeline |
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When running FormFactor's price analysis, check to measure FormFactor'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 FormFactor is operating at the current time. Most of FormFactor's value examination focuses on studying past and present price action to predict the probability of FormFactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormFactor's price. Additionally, you may evaluate how the addition of FormFactor to your portfolios can decrease your overall portfolio volatility.
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