Are Investors Undervaluing TTM Technologies Right Now?

TTMI Stock  USD 24.78  0.48  1.98%   
Under 67 percent of all TTM Technologies' traders are curious in acquiring. The analysis of overall sentiment of trading TTM Technologies stock suggests that a large number of investors are confidant at this time. TTM Technologies' investing sentiment shows overall attitude of investors towards TTM Technologies.
  
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Read at finance.yahoo.com
Yahoo News
  

TTM Technologies Current Investor Sentiment

Panic Vs Confidence

67

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use TTM Technologies' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward TTM Technologies.

TTM Technologies Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards TTM Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

TTM Technologies Historical Investor Sentiment

Investor biases related to TTM Technologies' public news can be used to forecast risks associated with an investment in TTM. The trend in average sentiment can be used to explain how an investor holding TTM can time the market purely based on public headlines and social activities around TTM Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
TTM Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for TTM Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average TTM Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on TTM Technologies.

TTM Technologies Fundamental Analysis

We analyze TTM Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TTM Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TTM Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Beta

Beta Comparative Analysis

TTM Technologies is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

TTM Technologies Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TTM Technologies stock to make a market-neutral strategy. Peer analysis of TTM Technologies could also be used in its relative valuation, which is a method of valuing TTM Technologies by comparing valuation metrics with similar companies.

Peers

TTM Technologies Related Equities

CLSCelestica   8.86   
0%
100.0%
OSISOSI Systems   2.30   
0%
25.0%
CTSCTS   1.89   
0%
21.0%
PLXSPlexus Corp   1.46   
0%
16.0%
LYTSLSI Industries   1.24   
0%
13.0%
MEIMethode Electronics   1.10   
0%
12.0%
BHEBenchmark Electronics   0.72   
0%
8.0%
SANMSanmina   0.02   
1.0%
0%
BELFABel Fuse   0.07   
1.0%
0%
BELFBBel Fuse   0.12   
1.0%
0%
RELLRichardson Electronics   1.13   
12.0%
0%

Complementary Tools for TTM Stock analysis

When running TTM Technologies' price analysis, check to measure TTM Technologies' 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 TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation