Cirrus Logic Stock Market Value
| CRUS Stock | USD 104.82 2.27 2.21% |
| Symbol | Cirrus |
Cirrus Logic 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 Cirrus Logic. If investors know Cirrus 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 Cirrus Logic 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 0.366 | Earnings Share 5.88 | Revenue Per Share 35.556 | Quarterly Revenue Growth 0.126 | Return On Assets 0.1116 |
The market value of Cirrus Logic is measured differently than its book value, which is the value of Cirrus that is recorded on the company's balance sheet. Investors also form their own opinion of Cirrus Logic's value that differs from its market value or its book value, called intrinsic value, which is Cirrus Logic'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 Cirrus Logic's market value can be influenced by many factors that don't directly affect Cirrus Logic'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 Cirrus Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirrus Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirrus Logic'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.
Cirrus Logic '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 Cirrus Logic'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 Cirrus Logic.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Cirrus Logic on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Cirrus Logic or generate 0.0% return on investment in Cirrus Logic over 30 days. Cirrus Logic is related to or competes with Skyworks Solutions, Qorvo, Analog Devices, Lattice Semiconductor, and Microchip Technology. Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solut... More
Cirrus Logic 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 Cirrus Logic'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 Cirrus Logic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 11.43 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 2.32 |
Cirrus Logic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cirrus Logic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cirrus Logic's standard deviation. In reality, there are many statistical measures that can use Cirrus Logic historical prices to predict the future Cirrus Logic's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cirrus Logic'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.
Cirrus Logic Backtested Returns
Cirrus Logic secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Cirrus Logic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cirrus Logic's Standard Deviation of 2.35, mean deviation of 1.8, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.18, 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, Cirrus Logic will likely underperform. At this point, Cirrus Logic has a negative expected return of -0.44%. Please make sure to confirm Cirrus Logic's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Cirrus Logic performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Cirrus Logic has insignificant predictability. Overlapping area represents the amount of predictability between Cirrus Logic time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Cirrus Logic price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Cirrus Logic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 3.63 |
Cirrus Logic lagged returns against current returns
Autocorrelation, which is Cirrus Logic 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 Cirrus Logic's stock expected returns. We can calculate the autocorrelation of Cirrus Logic returns to help us make a trade decision. For example, suppose you find that Cirrus Logic 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 |
Cirrus Logic 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 Cirrus Logic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cirrus Logic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cirrus Logic stock over time.
Current vs Lagged Prices |
| Timeline |
Cirrus Logic Lagged Returns
When evaluating Cirrus Logic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cirrus Logic stock have on its future price. Cirrus Logic 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, Cirrus Logic autocorrelation shows the relationship between Cirrus Logic stock current value and its past values and can show if there is a momentum factor associated with investing in Cirrus Logic.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cirrus Stock Analysis
When running Cirrus Logic's price analysis, check to measure Cirrus Logic's 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 Cirrus Logic is operating at the current time. Most of Cirrus Logic's value examination focuses on studying past and present price action to predict the probability of Cirrus Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirrus Logic's price. Additionally, you may evaluate how the addition of Cirrus Logic to your portfolios can decrease your overall portfolio volatility.