Super Micro Computer Stock Market Value
| SMCI Stock | USD 38.41 5.26 15.87% |
| Symbol | Super |
Super Micro Computer Price To Book Ratio
Is Technology Hardware, Storage & Peripherals 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 Super Micro. If investors know Super 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 Super Micro 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 0.61 | Earnings Share 2.01 | Revenue Per Share 26.881 | Quarterly Revenue Growth 1.43 | Return On Assets 0.1162 |
The market value of Super Micro Computer is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super Micro's value that differs from its market value or its book value, called intrinsic value, which is Super Micro'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 Super Micro's market value can be influenced by many factors that don't directly affect Super Micro'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 Super Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super Micro'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.
Super Micro '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 Super Micro'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 Super Micro.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Super Micro on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Super Micro Computer or generate 0.0% return on investment in Super Micro over 30 days. Super Micro is related to or competes with D Wave, Rigetti Computing, Cricut, Quantum Computing, IONQ, Pure Storage, and Dell Technologies. Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storag... More
Super Micro 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 Super Micro'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 Super Micro Computer upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 48.46 | |||
| Value At Risk | (12.18) | |||
| Potential Upside | 15.12 |
Super Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Super Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Super Micro's standard deviation. In reality, there are many statistical measures that can use Super Micro historical prices to predict the future Super Micro's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (1.90) | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Super Micro'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.
Super Micro Computer Backtested Returns
Super Micro is not too volatile at the moment. Super Micro Computer owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0184, which indicates the firm had a 0.0184% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Super Micro Computer, which you can use to evaluate the volatility of the company. Please validate Super Micro's Coefficient Of Variation of (1,685), variance of 76.27, and Risk Adjusted Performance of (0.04) to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Super Micro has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Super Micro are expected to decrease at a much lower rate. During the bear market, Super Micro is likely to outperform the market. Super Micro Computer right now has a risk of 8.79%. Please validate Super Micro skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Super Micro will be following its existing price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Super Micro Computer has poor reverse predictability. Overlapping area represents the amount of predictability between Super Micro time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Super Micro Computer price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Super Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 37.85 |
Super Micro Computer lagged returns against current returns
Autocorrelation, which is Super Micro 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 Super Micro's stock expected returns. We can calculate the autocorrelation of Super Micro returns to help us make a trade decision. For example, suppose you find that Super Micro 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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Super Micro 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 Super Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Super Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Super Micro stock over time.
Current vs Lagged Prices |
| Timeline |
Super Micro Lagged Returns
When evaluating Super Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Super Micro stock have on its future price. Super Micro 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, Super Micro autocorrelation shows the relationship between Super Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Super Micro Computer.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Super Micro Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Super Micro'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 Super Micro Computer Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Super Micro Computer Stock:Check out Super Micro Correlation, Super Micro Volatility and Super Micro Alpha and Beta module to complement your research on Super Micro. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Super Micro 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.