Maxeon Solar Technologies Stock Market Value
| MAXN Stock | USD 7.98 0.54 6.34% |
| Symbol | Maxeon |
Maxeon Solar Technologies 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 Maxeon Solar. If investors know Maxeon 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 Maxeon Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (792.04) | Revenue Per Share 1.7 K | Quarterly Revenue Growth (0.47) | Return On Assets (0.12) | Return On Equity (2.90) |
The market value of Maxeon Solar Technologies is measured differently than its book value, which is the value of Maxeon that is recorded on the company's balance sheet. Investors also form their own opinion of Maxeon Solar's value that differs from its market value or its book value, called intrinsic value, which is Maxeon Solar'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 Maxeon Solar's market value can be influenced by many factors that don't directly affect Maxeon Solar'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 Maxeon Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Maxeon Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Maxeon Solar'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.
Maxeon Solar '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 Maxeon Solar'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 Maxeon Solar.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Maxeon Solar on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Maxeon Solar Technologies or generate 0.0% return on investment in Maxeon Solar over 30 days. Maxeon Solar is related to or competes with Sunrun, Canadian Solar, First Solar, Sunnova Energy, JinkoSolar Holding, and SolarEdge Technologies. Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system componen... More
Maxeon Solar 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 Maxeon Solar'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 Maxeon Solar Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 59.83 | |||
| Value At Risk | (17.22) | |||
| Potential Upside | 15.6 |
Maxeon Solar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maxeon Solar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maxeon Solar's standard deviation. In reality, there are many statistical measures that can use Maxeon Solar historical prices to predict the future Maxeon Solar's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (2.21) | |||
| Treynor Ratio | 7.35 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Maxeon Solar'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.
Maxeon Solar Technologies Backtested Returns
Maxeon Solar Technologies has Sharpe Ratio of -0.0285, which conveys that the firm had a -0.0285% return per unit of risk over the last 3 months. Maxeon Solar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maxeon Solar's Mean Deviation of 8.39, risk adjusted performance of (0.02), and Standard Deviation of 11.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0575, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Maxeon Solar are expected to decrease at a much lower rate. During the bear market, Maxeon Solar is likely to outperform the market. At this point, Maxeon Solar Technologies has a negative expected return of -0.33%. Please make sure to verify Maxeon Solar's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Maxeon Solar Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Maxeon Solar Technologies has good reverse predictability. Overlapping area represents the amount of predictability between Maxeon Solar 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 Maxeon Solar Technologies price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Maxeon Solar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 3.39 |
Maxeon Solar Technologies lagged returns against current returns
Autocorrelation, which is Maxeon Solar 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 Maxeon Solar's stock expected returns. We can calculate the autocorrelation of Maxeon Solar returns to help us make a trade decision. For example, suppose you find that Maxeon Solar 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 |
Maxeon Solar 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 Maxeon Solar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maxeon Solar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maxeon Solar stock over time.
Current vs Lagged Prices |
| Timeline |
Maxeon Solar Lagged Returns
When evaluating Maxeon Solar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maxeon Solar stock have on its future price. Maxeon Solar 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, Maxeon Solar autocorrelation shows the relationship between Maxeon Solar stock current value and its past values and can show if there is a momentum factor associated with investing in Maxeon Solar Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Maxeon Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Maxeon Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Maxeon Solar will appreciate offsetting losses from the drop in the long position's value.Moving against Maxeon Stock
| 0.73 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.37 | ASX | ASE Industrial Holding Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Maxeon Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maxeon Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Maxeon Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Maxeon Solar Technologies to buy it.
The correlation of Maxeon Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Maxeon Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maxeon Solar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Maxeon Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Maxeon Solar Correlation, Maxeon Solar Volatility and Maxeon Solar Alpha and Beta module to complement your research on Maxeon Solar. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Maxeon Solar 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.