Freshworks Stock Market Value
| FRSH Stock | USD 16.45 0.09 0.54% |
| Symbol | Freshworks |
Freshworks 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 Freshworks. If investors know Freshworks 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 Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 2.295 | Quarterly Revenue Growth 0.215 | Return On Assets (0.06) | Return On Equity (0.09) |
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' 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 Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' 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 Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' 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.
Freshworks '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 Freshworks' 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 Freshworks.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Freshworks on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Freshworks or generate 0.0% return on investment in Freshworks over 180 days. Freshworks is related to or competes with OLB. Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide More
Freshworks 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 Freshworks' 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 Freshworks upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.1047 | |||
| Maximum Drawdown | 33.07 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 3.94 |
Freshworks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freshworks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freshworks' standard deviation. In reality, there are many statistical measures that can use Freshworks historical prices to predict the future Freshworks' volatility.| Risk Adjusted Performance | 0.1121 | |||
| Jensen Alpha | 0.3776 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.2162 | |||
| Treynor Ratio | 0.3798 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freshworks' 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.
Freshworks Backtested Returns
Freshworks appears to be not too volatile, given 3 months investment horizon. Freshworks secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. By reviewing Freshworks' technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Freshworks' Mean Deviation of 2.04, downside deviation of 1.99, and Coefficient Of Variation of 735.13 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Freshworks holds a performance score of 11. The firm shows a Beta (market volatility) of 1.45, 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, Freshworks will likely underperform. Please check Freshworks' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Freshworks' price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Freshworks has very good reverse predictability. Overlapping area represents the amount of predictability between Freshworks time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Freshworks price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Freshworks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3.8 |
Freshworks lagged returns against current returns
Autocorrelation, which is Freshworks 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 Freshworks' stock expected returns. We can calculate the autocorrelation of Freshworks returns to help us make a trade decision. For example, suppose you find that Freshworks 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 |
Freshworks 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 Freshworks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freshworks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freshworks stock over time.
Current vs Lagged Prices |
| Timeline |
Freshworks Lagged Returns
When evaluating Freshworks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freshworks stock have on its future price. Freshworks 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, Freshworks autocorrelation shows the relationship between Freshworks stock current value and its past values and can show if there is a momentum factor associated with investing in Freshworks.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Freshworks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freshworks' 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 Freshworks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freshworks Stock:Check out Freshworks Correlation, Freshworks Volatility and Freshworks Alpha and Beta module to complement your research on Freshworks. For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Freshworks 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.