Ceva Inc Stock Market Value
| CEVA Stock | USD 28.67 0.62 2.21% |
| Symbol | CEVA |
CEVA Inc Price To Book Ratio
Is Semiconductors & Semiconductor 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 CEVA. If investors know CEVA 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 CEVA 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 0.959 | Earnings Share (0.65) | Revenue Per Share 4.32 | Quarterly Revenue Growth 0.13 | Return On Assets (0.02) |
The market value of CEVA Inc is measured differently than its book value, which is the value of CEVA that is recorded on the company's balance sheet. Investors also form their own opinion of CEVA's value that differs from its market value or its book value, called intrinsic value, which is CEVA'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 CEVA's market value can be influenced by many factors that don't directly affect CEVA'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 CEVA's value and its price as these two are different measures arrived at by different means. Investors typically determine if CEVA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CEVA'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.
CEVA '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 CEVA'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 CEVA.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in CEVA on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding CEVA Inc or generate 0.0% return on investment in CEVA over 30 days. CEVA is related to or competes with MagnaChip Semiconductor, MACOM Technology, FormFactor, MaxLinear, NLIGHT, Alpha, and Silicon Laboratories. CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing technologies to semiconductor and original ... More
CEVA 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 CEVA'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 CEVA Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 20.17 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 3.48 |
CEVA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CEVA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CEVA's standard deviation. In reality, there are many statistical measures that can use CEVA historical prices to predict the future CEVA's volatility.| Risk Adjusted Performance | 0.0786 | |||
| Jensen Alpha | 0.164 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0904 | |||
| Treynor Ratio | 0.2134 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CEVA'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.
CEVA Inc Backtested Returns
CEVA appears to be not too volatile, given 3 months investment horizon. CEVA Inc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of volatility over the last 3 months. We have found thirty technical indicators for CEVA Inc, which you can use to evaluate the volatility of the firm. Please makes use of CEVA's risk adjusted performance of 0.0786, and Mean Deviation of 2.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CEVA holds a performance score of 9. The firm shows a Beta (market volatility) of 1.28, 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, CEVA will likely underperform. Please check CEVA's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether CEVA's price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
CEVA Inc has below average predictability. Overlapping area represents the amount of predictability between CEVA time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 CEVA Inc price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current CEVA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
CEVA Inc lagged returns against current returns
Autocorrelation, which is CEVA 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 CEVA's stock expected returns. We can calculate the autocorrelation of CEVA returns to help us make a trade decision. For example, suppose you find that CEVA 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 |
CEVA 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 CEVA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CEVA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CEVA stock over time.
Current vs Lagged Prices |
| Timeline |
CEVA Lagged Returns
When evaluating CEVA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CEVA stock have on its future price. CEVA 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, CEVA autocorrelation shows the relationship between CEVA stock current value and its past values and can show if there is a momentum factor associated with investing in CEVA Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CEVA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CEVA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ceva Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ceva Inc Stock:Check out CEVA Correlation, CEVA Volatility and CEVA Alpha and Beta module to complement your research on CEVA. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
CEVA 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.