Interface Stock Market Value
| TILE Stock | USD 26.60 1.14 4.48% |
| Symbol | Interface |
Interface Price To Book Ratio
Is Commercial Services & Supplies 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 Interface. If investors know Interface 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 Interface 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 1.857 | Dividend Share 0.04 | Earnings Share 1.44 | Revenue Per Share 22.423 | Quarterly Revenue Growth 0.107 |
The market value of Interface is measured differently than its book value, which is the value of Interface that is recorded on the company's balance sheet. Investors also form their own opinion of Interface's value that differs from its market value or its book value, called intrinsic value, which is Interface'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 Interface's market value can be influenced by many factors that don't directly affect Interface'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 Interface's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interface is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interface'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.
Interface '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 Interface'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 Interface.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Interface on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Interface or generate 0.0% return on investment in Interface over 30 days. Interface is related to or competes with Quanex Building, Janus International, Apogee Enterprises, Gibraltar Industries, Jeld Wen, Perma Pipe, and Azek. Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Ameri... More
Interface 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 Interface'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 Interface upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.1116 | |||
| Maximum Drawdown | 34.53 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.44 |
Interface Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interface's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interface's standard deviation. In reality, there are many statistical measures that can use Interface historical prices to predict the future Interface's volatility.| Risk Adjusted Performance | 0.1164 | |||
| Jensen Alpha | 0.3862 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.2742 | |||
| Treynor Ratio | 0.3207 |
Interface Backtested Returns
Interface appears to be not too volatile, given 3 months investment horizon. Interface holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Interface's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize Interface's Risk Adjusted Performance of 0.1164, market risk adjusted performance of 0.3307, and Downside Deviation of 1.82 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Interface holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 1.93, which attests to 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, Interface will likely underperform. Please check Interface's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Interface's current trending patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Interface has very weak reverse predictability. Overlapping area represents the amount of predictability between Interface 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 Interface price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Interface price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Interface lagged returns against current returns
Autocorrelation, which is Interface 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 Interface's stock expected returns. We can calculate the autocorrelation of Interface returns to help us make a trade decision. For example, suppose you find that Interface 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 |
Interface 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 Interface stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interface stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interface stock over time.
Current vs Lagged Prices |
| Timeline |
Interface Lagged Returns
When evaluating Interface's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interface stock have on its future price. Interface 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, Interface autocorrelation shows the relationship between Interface stock current value and its past values and can show if there is a momentum factor associated with investing in Interface.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Interface is a strong investment it is important to analyze Interface's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Interface's future performance. For an informed investment choice regarding Interface Stock, refer to the following important reports:Check out Interface Correlation, Interface Volatility and Interface Alpha and Beta module to complement your research on Interface. For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Interface 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.