Fabrinet Stock Price on May 29, 2024
| FN Stock | USD 225.85 9.65 4.10% |
Below is the normalized historical share price chart for Fabrinet extending back to June 25, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fabrinet stands at 225.85, as last reported on the 29th of November, with the highest price reaching 236.00 and the lowest price hitting 221.22 during the day.
If you're considering investing in Fabrinet Stock, it is important to understand the factors that can impact its price. As of now, Fabrinet Stock is very steady. Fabrinet secures Sharpe Ratio (or Efficiency) of 0.0272, which denotes the company had a 0.0272% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Fabrinet, which you can use to evaluate the volatility of the firm. Please confirm Fabrinet's Mean Deviation of 2.42, standard deviation of 3.42, and Coefficient Of Variation of (4,698) to check if the risk estimate we provide is consistent with the expected return of 0.0896%.
At this time, Fabrinet's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 38.7 M, while Common Stock Total Equity is likely to drop about 381.4 K. . At this time, Fabrinet's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 31.40, while Price To Sales Ratio is likely to drop 1.79. Fabrinet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of June 2010 | 200 Day MA 223.8623 | 50 Day MA 244.0842 | Beta 0.947 |
Fabrinet |
Sharpe Ratio = 0.0272
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Fabrinet is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fabrinet by adding it to a well-diversified portfolio.
Price Book 4.4843 | Enterprise Value Ebitda 19.5976 | Price Sales 2.7288 | Shares Float 36.1 M | Wall Street Target Price 269.3333 |
Fabrinet Valuation on May 29, 2024
It is possible to determine the worth of Fabrinet on a given historical date. On May 29, 2024 Fabrinet was worth 244.0 at the beginning of the trading date compared to the closed value of 240.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fabrinet stock. Still, in general, we apply an absolute valuation method to find Fabrinet's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fabrinet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fabrinet's related companies.
| Open | High | Low | Close | Volume | |
| 248.67 | 250.38 | 243.06 | 245.05 | 308,040 | |
05/29/2024 | 244.00 | 245.31 | 240.75 | 240.89 | 426,179 |
| 242.34 | 247.02 | 240.01 | 246.33 | 311,763 |
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Fabrinet Trading Date Momentum on May 29, 2024
| On May 30 2024 Fabrinet was traded for 246.33 at the closing time. The highest price during the trading period was 247.02 and the lowest recorded bid was listed for 240.01 . The volume for the day was 311.8 K. This history from May 30, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 2.26% . The overall trading delta to the current price is 5.05% . |
Fabrinet Fundamentals Correlations and Trends
By evaluating Fabrinet's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fabrinet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fabrinet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fabrinet Stock history
Fabrinet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fabrinet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fabrinet will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fabrinet stock prices may prove useful in developing a viable investing in Fabrinet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.6 M | 38.7 M | |
| Net Income Applicable To Common Shares | 285.1 M | 299.4 M |
Fabrinet Quarterly Net Working Capital |
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Fabrinet Stock Technical Analysis
Fabrinet 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.
Price Boundaries
Fabrinet Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Fabrinet cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fabrinet November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Fabrinet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fabrinet shares will generate the highest return on investment. By undertsting and applying Fabrinet stock market strength indicators, traders can identify Fabrinet entry and exit signals to maximize returns
Fabrinet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fabrinet's price direction in advance. Along with the technical and fundamental analysis of Fabrinet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fabrinet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.04) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electronic Equipment, Instruments & Components space 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 Fabrinet. If investors know Fabrinet 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 Fabrinet 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 0.197 | Earnings Share 8.45 | Revenue Per Share 82.845 | Quarterly Revenue Growth 0.173 | Return On Assets 0.0818 |
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet'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 Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet'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 Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet'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.