Formfactor Stock Market Value
| FORM Stock | USD 41.33 0.55 1.35% |
| Symbol | FormFactor |
FormFactor 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 FormFactor. If investors know FormFactor 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 FormFactor 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 3.259 | Earnings Share 1.73 | Revenue Per Share 9.585 | Quarterly Revenue Growth 0.212 | Return On Assets 0.0269 |
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor'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 FormFactor's market value can be influenced by many factors that don't directly affect FormFactor'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 FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor'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.
FormFactor '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 FormFactor'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 FormFactor.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in FormFactor on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding FormFactor or generate 0.0% return on investment in FormFactor over 30 days. FormFactor is related to or competes with IPG Photonics, and Applied Materials. FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, the... More
FormFactor 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 FormFactor'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 FormFactor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 19.85 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.53 |
FormFactor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FormFactor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FormFactor's standard deviation. In reality, there are many statistical measures that can use FormFactor historical prices to predict the future FormFactor's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.09) |
FormFactor Backtested Returns
FormFactor secures Sharpe Ratio (or Efficiency) of -0.067, which denotes the company had a -0.067% return per unit of risk over the last 3 months. FormFactor exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FormFactor's Standard Deviation of 3.4, variance of 11.54, and Mean Deviation of 2.4 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.43, 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, FormFactor will likely underperform. At this point, FormFactor has a negative expected return of -0.22%. Please make sure to confirm FormFactor's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if FormFactor performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
FormFactor has good predictability. Overlapping area represents the amount of predictability between FormFactor 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 FormFactor price movement. The serial correlation of 0.78 indicates that around 78.0% of current FormFactor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 2.48 |
FormFactor lagged returns against current returns
Autocorrelation, which is FormFactor 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 FormFactor's stock expected returns. We can calculate the autocorrelation of FormFactor returns to help us make a trade decision. For example, suppose you find that FormFactor 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 |
FormFactor 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 FormFactor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FormFactor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FormFactor stock over time.
Current vs Lagged Prices |
| Timeline |
FormFactor Lagged Returns
When evaluating FormFactor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FormFactor stock have on its future price. FormFactor 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, FormFactor autocorrelation shows the relationship between FormFactor stock current value and its past values and can show if there is a momentum factor associated with investing in FormFactor.
Regressed Prices |
| Timeline |
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FormFactor 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.