Infinera Stock Price on August 29, 2024
INFN Stock | USD 6.62 0.02 0.30% |
Below is the normalized historical share price chart for Infinera extending back to June 07, 2007. 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 Infinera stands at 6.62, as last reported on the 25th of November, with the highest price reaching 6.66 and the lowest price hitting 6.61 during the day.
If you're considering investing in Infinera Stock, it is important to understand the factors that can impact its price. As of now, Infinera Stock is not too volatile. Infinera holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Infinera, which you can use to evaluate the volatility of the firm. Please check out Infinera's Risk Adjusted Performance of 0.1245, downside deviation of 0.6573, and Market Risk Adjusted Performance of 0.5522 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Infinera's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Issuance Of Capital Stock is likely to grow to about 24.8 M, while Common Stock Shares Outstanding is likely to drop about 121.6 M. . At this time, Infinera's Price Book Value Ratio is very stable compared to the past year. As of the 25th of November 2024, Price To Book Ratio is likely to grow to 7.67, while Price To Sales Ratio is likely to drop 1.01. Infinera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of June 2007 | 200 Day MA 5.8106 | 50 Day MA 6.7136 | Beta 1.716 |
Infinera |
Sharpe Ratio = 0.1428
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Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Infinera is performing at about 11% 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 Infinera by adding it to a well-diversified portfolio.
Price Book 11.7476 | Enterprise Value Ebitda 52.3571 | Price Sales 1.0788 | Shares Float 217.2 M | Wall Street Target Price 6.3789 |
Related Headline
Ichor Holdings Headline on 29th of August 2024
Acquisition by Wasserman Yuval of 23 shares of Ichor Holding... by Wasserman Yuval
Filed transaction by Ichor Holdings Director. Grant, award or other acquisition pursuant to Rule 16b-3
Infinera Valuation on August 29, 2024
It is possible to determine the worth of Infinera on a given historical date. On August 29, 2024 Infinera was worth 6.13 at the beginning of the trading date compared to the closed value of 6.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Infinera stock. Still, in general, we apply an absolute valuation method to find Infinera'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 Infinera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Infinera's related companies.
Open | High | Low | Close | Volume | |
6.09 | 6.11 | 6.05 | 6.05 | 1,194,439 | |
08/29/2024 | 6.13 | 6.23 | 6.12 | 6.17 | 8,978,844 |
6.20 | 6.31 | 6.17 | 6.29 | 4,314,570 |
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Infinera Trading Date Momentum on August 29, 2024
On August 30 2024 Infinera was traded for 6.29 at the closing time. The top price for the day was 6.31 and the lowest listed price was 6.17 . The trading volume for the day was 4.3 M. The trading history from August 30, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.94% . The trading delta at closing time against the current closing price is 1.30% . |
Infinera Fundamentals Correlations and Trends
By evaluating Infinera'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 Infinera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Infinera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Infinera Stock history
Infinera 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 Infinera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Infinera 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 Infinera stock prices may prove useful in developing a viable investing in Infinera
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 226.7 M | 121.6 M | |
Net Loss | -68.4 M | -71.9 M |
Infinera Quarterly Net Working Capital |
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Infinera Stock Technical Analysis
Infinera 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
Infinera Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
Infinera cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Infinera November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Infinera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Infinera shares will generate the highest return on investment. By undertsting and applying Infinera stock market strength indicators, traders can identify Infinera entry and exit signals to maximize returns
Infinera Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Infinera's price direction in advance. Along with the technical and fundamental analysis of Infinera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Infinera 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 | 0.1245 | |||
Jensen Alpha | 0.1133 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0381 | |||
Treynor Ratio | 0.5422 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infinera. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. To learn how to invest in Infinera Stock, please use our How to Invest in Infinera guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Communications Equipment 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 Infinera. If investors know Infinera 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 Infinera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 6.254 | Quarterly Revenue Growth (0.1) | Return On Assets (0.02) | Return On Equity (0.71) |
The market value of Infinera is measured differently than its book value, which is the value of Infinera that is recorded on the company's balance sheet. Investors also form their own opinion of Infinera's value that differs from its market value or its book value, called intrinsic value, which is Infinera'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 Infinera's market value can be influenced by many factors that don't directly affect Infinera'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 Infinera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Infinera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infinera'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.