Federal Signal Stock Market Value
| FSS Stock | USD 94.82 3.16 3.45% |
| Symbol | Federal |
Federal Signal Price To Book Ratio
Is Construction Machinery & Heavy Transportation 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 Federal Signal. If investors know Federal 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 Federal Signal 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 0.225 | Dividend Share 0.46 | Earnings Share 3.45 | Revenue Per Share 30.167 | Quarterly Revenue Growth 0.062 |
The market value of Federal Signal is measured differently than its book value, which is the value of Federal that is recorded on the company's balance sheet. Investors also form their own opinion of Federal Signal's value that differs from its market value or its book value, called intrinsic value, which is Federal Signal'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 Federal Signal's market value can be influenced by many factors that don't directly affect Federal Signal'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 Federal Signal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Federal Signal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Federal Signal'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.
Federal Signal '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 Federal Signal'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 Federal Signal.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Federal Signal on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Federal Signal or generate 0.0% return on investment in Federal Signal over 30 days. Federal Signal is related to or competes with Energy Recovery, CECO Environmental, 374Water Common, Zurn Elkay, and Fuel Tech. Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and ... More
Federal Signal 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 Federal Signal'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 Federal Signal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.72 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.61 |
Federal Signal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal Signal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal Signal's standard deviation. In reality, there are many statistical measures that can use Federal Signal historical prices to predict the future Federal Signal's volatility.| Risk Adjusted Performance | 0.0094 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.001) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federal Signal'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.
Federal Signal Backtested Returns
Currently, Federal Signal is very steady. Federal Signal secures Sharpe Ratio (or Efficiency) of 0.018, which denotes the company had a 0.018% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Federal Signal, which you can use to evaluate the volatility of the firm. Please confirm Federal Signal's Mean Deviation of 1.33, downside deviation of 2.36, and Coefficient Of Variation of 23350.6 to check if the risk estimate we provide is consistent with the expected return of 0.0363%. Federal Signal has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.7, 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, Federal Signal will likely underperform. Federal Signal right now shows a risk of 2.02%. Please confirm Federal Signal standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Federal Signal will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Federal Signal has good predictability. Overlapping area represents the amount of predictability between Federal Signal time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Federal Signal price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Federal Signal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.27 |
Federal Signal lagged returns against current returns
Autocorrelation, which is Federal Signal 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 Federal Signal's stock expected returns. We can calculate the autocorrelation of Federal Signal returns to help us make a trade decision. For example, suppose you find that Federal Signal 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 |
Federal Signal 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 Federal Signal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federal Signal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federal Signal stock over time.
Current vs Lagged Prices |
| Timeline |
Federal Signal Lagged Returns
When evaluating Federal Signal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federal Signal stock have on its future price. Federal Signal 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, Federal Signal autocorrelation shows the relationship between Federal Signal stock current value and its past values and can show if there is a momentum factor associated with investing in Federal Signal.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Federal Stock Analysis
When running Federal Signal's price analysis, check to measure Federal Signal'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 Federal Signal is operating at the current time. Most of Federal Signal's value examination focuses on studying past and present price action to predict the probability of Federal Signal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Federal Signal's price. Additionally, you may evaluate how the addition of Federal Signal to your portfolios can decrease your overall portfolio volatility.