Five9 Inc Stock Market Value
| FIVN Stock | USD 40.32 1.86 4.84% |
| Symbol | Five9 |
Five9 Inc Price To Book Ratio
Is Application Software 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 Five9. If investors know Five9 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 Five9 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 (0.79) | Earnings Share (0.49) | Revenue Per Share 13.567 | Quarterly Revenue Growth 0.148 | Return On Assets (0.02) |
The market value of Five9 Inc is measured differently than its book value, which is the value of Five9 that is recorded on the company's balance sheet. Investors also form their own opinion of Five9's value that differs from its market value or its book value, called intrinsic value, which is Five9'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 Five9's market value can be influenced by many factors that don't directly affect Five9'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 Five9's value and its price as these two are different measures arrived at by different means. Investors typically determine if Five9 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Five9'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.
Five9 '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 Five9'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 Five9.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Five9 on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Five9 Inc or generate 0.0% return on investment in Five9 over 720 days. Five9 is related to or competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, AuthID, Datasea, and Priority Technology. Five9, Inc., together with its subsidiaries, provides cloud software for contact centers in the United States and intern... More
Five9 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 Five9'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 Five9 Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0703 | |||
| Maximum Drawdown | 15.67 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 4.84 |
Five9 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Five9's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Five9's standard deviation. In reality, there are many statistical measures that can use Five9 historical prices to predict the future Five9's volatility.| Risk Adjusted Performance | 0.0952 | |||
| Jensen Alpha | 0.1487 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0851 | |||
| Treynor Ratio | 0.2205 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Five9'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.
Five9 Inc Backtested Returns
Five9 appears to be very steady, given 3 months investment horizon. Five9 Inc secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Five9 Inc, which you can use to evaluate the volatility of the firm. Please utilize Five9's Downside Deviation of 2.44, coefficient of variation of 873.58, and Mean Deviation of 2.18 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Five9 holds a performance score of 9. The firm shows a Beta (market volatility) of 1.49, which means 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, Five9 will likely underperform. Please check Five9's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Five9's price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Five9 Inc has insignificant predictability. Overlapping area represents the amount of predictability between Five9 time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 Five9 Inc price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Five9 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 308.44 |
Five9 Inc lagged returns against current returns
Autocorrelation, which is Five9 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 Five9's stock expected returns. We can calculate the autocorrelation of Five9 returns to help us make a trade decision. For example, suppose you find that Five9 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 |
Five9 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 Five9 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Five9 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Five9 stock over time.
Current vs Lagged Prices |
| Timeline |
Five9 Lagged Returns
When evaluating Five9's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Five9 stock have on its future price. Five9 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, Five9 autocorrelation shows the relationship between Five9 stock current value and its past values and can show if there is a momentum factor associated with investing in Five9 Inc.
Regressed Prices |
| Timeline |
Pair Trading with Five9
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Five9 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Five9 will appreciate offsetting losses from the drop in the long position's value.Moving together with Five9 Stock
Moving against Five9 Stock
| 0.71 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.68 | VHAI | VHAI | PairCorr |
| 0.62 | MQ | Marqeta | PairCorr |
| 0.43 | VERI | Veritone | PairCorr |
| 0.4 | DOCN | DigitalOcean Holdings | PairCorr |
The ability to find closely correlated positions to Five9 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Five9 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Five9 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Five9 Inc to buy it.
The correlation of Five9 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Five9 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Five9 Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Five9 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Five9 Correlation, Five9 Volatility and Five9 Alpha and Beta module to complement your research on Five9. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Five9 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.