Affirm Holdings Stock Market Value
| AFRM Stock | USD 69.35 2.80 4.21% |
| Symbol | Affirm |
Affirm Holdings Price To Book Ratio
Is Data Processing & Outsourced Services 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 Affirm Holdings. If investors know Affirm 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 Affirm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.41) | Revenue Per Share 8.055 | Quarterly Revenue Growth 0.407 | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of Affirm Holdings is measured differently than its book value, which is the value of Affirm that is recorded on the company's balance sheet. Investors also form their own opinion of Affirm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Affirm Holdings' 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 Affirm Holdings' market value can be influenced by many factors that don't directly affect Affirm Holdings' 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 Affirm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affirm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affirm Holdings' 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.
Affirm Holdings '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 Affirm Holdings' 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 Affirm Holdings.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Affirm Holdings on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Affirm Holdings or generate 0.0% return on investment in Affirm Holdings over 30 days. Affirm Holdings is related to or competes with Upstart Holdings, SoFi Technologies, Roblox Corp, Robinhood Markets, and Snowflake. Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and intern... More
Affirm Holdings 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 Affirm Holdings' 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 Affirm Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.2015 | |||
| Maximum Drawdown | 40.34 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 10.53 |
Affirm Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affirm Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affirm Holdings' standard deviation. In reality, there are many statistical measures that can use Affirm Holdings historical prices to predict the future Affirm Holdings' volatility.| Risk Adjusted Performance | 0.1794 | |||
| Jensen Alpha | 0.976 | |||
| Total Risk Alpha | 0.3958 | |||
| Sortino Ratio | 0.38 | |||
| Treynor Ratio | 0.4124 |
Affirm Holdings Backtested Returns
Affirm Holdings is not too volatile given 3 months investment horizon. Affirm Holdings secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.3% are justified by taking the suggested risk. Use Affirm Holdings risk adjusted performance of 0.1794, and Mean Deviation of 4.06 to evaluate company specific risk that cannot be diversified away. Affirm Holdings holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.35, which signifies 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, Affirm Holdings will likely underperform. Use Affirm Holdings standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Affirm Holdings.
Auto-correlation | 0.74 |
Good predictability
Affirm Holdings has good predictability. Overlapping area represents the amount of predictability between Affirm Holdings time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 Affirm Holdings price movement. The serial correlation of 0.74 indicates that around 74.0% of current Affirm Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 25.75 |
Affirm Holdings lagged returns against current returns
Autocorrelation, which is Affirm Holdings 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 Affirm Holdings' stock expected returns. We can calculate the autocorrelation of Affirm Holdings returns to help us make a trade decision. For example, suppose you find that Affirm Holdings 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 |
Affirm Holdings 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 Affirm Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affirm Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affirm Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Affirm Holdings Lagged Returns
When evaluating Affirm Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affirm Holdings stock have on its future price. Affirm Holdings 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, Affirm Holdings autocorrelation shows the relationship between Affirm Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Affirm Holdings.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Affirm Holdings Correlation, Affirm Holdings Volatility and Affirm Holdings Alpha and Beta module to complement your research on Affirm Holdings. To learn how to invest in Affirm Stock, please use our How to Invest in Affirm Holdings guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Affirm Holdings 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.