Technipfmc Plc Stock Market Value
| FTI Stock | USD 30.64 0.19 0.62% |
| Symbol | TechnipFMC |
TechnipFMC PLC Price To Book Ratio
Is Oil & Gas Equipment & Services 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 TechnipFMC PLC. If investors know TechnipFMC 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 TechnipFMC PLC 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 2.15 | Dividend Share 0.2 | Earnings Share 1.51 | Revenue Per Share 20.37 | Quarterly Revenue Growth 0.142 |
The market value of TechnipFMC PLC is measured differently than its book value, which is the value of TechnipFMC that is recorded on the company's balance sheet. Investors also form their own opinion of TechnipFMC PLC's value that differs from its market value or its book value, called intrinsic value, which is TechnipFMC PLC'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 TechnipFMC PLC's market value can be influenced by many factors that don't directly affect TechnipFMC PLC'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 TechnipFMC PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechnipFMC PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechnipFMC PLC'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.
TechnipFMC PLC '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 TechnipFMC PLC'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 TechnipFMC PLC.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in TechnipFMC PLC on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding TechnipFMC PLC or generate 0.0% return on investment in TechnipFMC PLC over 30 days. TechnipFMC PLC is related to or competes with Oceaneering International, NOV, Flowserve, and Core Laboratories. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central... More
TechnipFMC PLC 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 TechnipFMC PLC'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 TechnipFMC PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.07 | |||
| Maximum Drawdown | 9.7 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.52 |
TechnipFMC PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TechnipFMC PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TechnipFMC PLC's standard deviation. In reality, there are many statistical measures that can use TechnipFMC PLC historical prices to predict the future TechnipFMC PLC's volatility.| Risk Adjusted Performance | 0.1056 | |||
| Jensen Alpha | 0.131 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0612 | |||
| Treynor Ratio | 0.2302 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TechnipFMC PLC'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.
TechnipFMC PLC Backtested Returns
TechnipFMC PLC appears to be very steady, given 3 months investment horizon. TechnipFMC PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TechnipFMC PLC, which you can use to evaluate the volatility of the company. Please review TechnipFMC PLC's Risk Adjusted Performance of 0.1056, semi deviation of 2.23, and Coefficient Of Variation of 773.92 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TechnipFMC PLC holds a performance score of 8. The entity has a beta of 1.2, which indicates 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, TechnipFMC PLC will likely underperform. Please check TechnipFMC PLC's standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether TechnipFMC PLC's existing price patterns will revert.
Auto-correlation | 0.86 |
Very good predictability
TechnipFMC PLC has very good predictability. Overlapping area represents the amount of predictability between TechnipFMC PLC time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 TechnipFMC PLC price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current TechnipFMC PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
TechnipFMC PLC lagged returns against current returns
Autocorrelation, which is TechnipFMC PLC 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 TechnipFMC PLC's stock expected returns. We can calculate the autocorrelation of TechnipFMC PLC returns to help us make a trade decision. For example, suppose you find that TechnipFMC PLC 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 |
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TechnipFMC PLC 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 TechnipFMC PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TechnipFMC PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TechnipFMC PLC stock over time.
Current vs Lagged Prices |
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TechnipFMC PLC Lagged Returns
When evaluating TechnipFMC PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TechnipFMC PLC stock have on its future price. TechnipFMC PLC 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, TechnipFMC PLC autocorrelation shows the relationship between TechnipFMC PLC stock current value and its past values and can show if there is a momentum factor associated with investing in TechnipFMC PLC.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether TechnipFMC PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TechnipFMC PLC's 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 Technipfmc Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Technipfmc Plc Stock:Check out TechnipFMC PLC Correlation, TechnipFMC PLC Volatility and TechnipFMC PLC Alpha and Beta module to complement your research on TechnipFMC PLC. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
TechnipFMC PLC 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.