Irobot Stock Market Value
| IRBT Stock | USD 7.14 0.18 2.59% |
| Symbol | IRobot |
iRobot Price To Book Ratio
Is Household Appliances 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 IRobot. If investors know IRobot 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 IRobot 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 (0.37) | Earnings Share (4.62) | Revenue Per Share 56.524 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0076 |
The market value of iRobot is measured differently than its book value, which is the value of IRobot that is recorded on the company's balance sheet. Investors also form their own opinion of IRobot's value that differs from its market value or its book value, called intrinsic value, which is IRobot'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 IRobot's market value can be influenced by many factors that don't directly affect IRobot'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 IRobot's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRobot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRobot'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.
IRobot '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 IRobot'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 IRobot.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in IRobot on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding iRobot or generate 0.0% return on investment in IRobot over 360 days. IRobot is related to or competes with Natuzzi SpA, and Hamilton Beach. iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Midd... More
IRobot 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 IRobot'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 iRobot upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.79 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 52.62 | |||
| Value At Risk | (6.81) | |||
| Potential Upside | 9.39 |
IRobot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRobot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IRobot's standard deviation. In reality, there are many statistical measures that can use IRobot historical prices to predict the future IRobot's volatility.| Risk Adjusted Performance | 0.0121 | |||
| Jensen Alpha | 0.1328 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
iRobot Backtested Returns
Currently, iRobot is somewhat reliable. iRobot holds Efficiency (Sharpe) Ratio of 0.0089, which attests that the entity had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iRobot, which you can use to evaluate the volatility of the firm. Please check out IRobot's Risk Adjusted Performance of 0.0121, downside deviation of 7.79, and Market Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0596%. The company retains a Market Volatility (i.e., Beta) of -1.15, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning IRobot are expected to decrease by larger amounts. On the other hand, during market turmoil, IRobot is expected to outperform it. iRobot right now retains a risk of 6.72%. Please check out IRobot expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if IRobot will be following its current trending patterns.
Auto-correlation | 0.40 |
Average predictability
iRobot has average predictability. Overlapping area represents the amount of predictability between IRobot time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 iRobot price movement. The serial correlation of 0.4 indicates that just about 40.0% of current IRobot price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 2.03 |
iRobot lagged returns against current returns
Autocorrelation, which is IRobot 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 IRobot's stock expected returns. We can calculate the autocorrelation of IRobot returns to help us make a trade decision. For example, suppose you find that IRobot 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 |
IRobot 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 IRobot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IRobot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IRobot stock over time.
Current vs Lagged Prices |
| Timeline |
IRobot Lagged Returns
When evaluating IRobot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IRobot stock have on its future price. IRobot 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, IRobot autocorrelation shows the relationship between IRobot stock current value and its past values and can show if there is a momentum factor associated with investing in iRobot.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IRobot Stock Analysis
When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.