Franklin Covey Stock Market Value
| FC Stock | USD 39.33 0.25 0.63% |
| Symbol | Franklin |
Franklin Covey Price To Book Ratio
Is Franklin Covey's industry 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 Franklin Covey. If investors know Franklin 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 Franklin Covey 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 (0.50) | Earnings Share 1.2 | Revenue Per Share 20.952 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0744 |
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey'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 Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey'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 Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey'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.
Franklin Covey '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 Franklin Covey'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 Franklin Covey.
| 03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in Franklin Covey on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding Franklin Covey or generate 0.0% return on investment in Franklin Covey over 30 days. Franklin Covey is related to or competes with CRA International, Thermon Group, Forrester Research, Forestar, and Alamo. Franklin Covey Co. provides training and consulting services in the areas of execution, sales performance, productivity,... More
Franklin Covey 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 Franklin Covey'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 Franklin Covey upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 3.91 |
Franklin Covey Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franklin Covey's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franklin Covey's standard deviation. In reality, there are many statistical measures that can use Franklin Covey historical prices to predict the future Franklin Covey's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Franklin Covey'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.
Franklin Covey Backtested Returns
Franklin Covey secures Sharpe Ratio (or Efficiency) of -0.05, which denotes the company had a -0.05% return per unit of standard deviation over the last 3 months. Franklin Covey exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franklin Covey's Coefficient Of Variation of (2,674), mean deviation of 1.66, and Standard Deviation of 2.21 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.87, which means 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, Franklin Covey will likely underperform. Franklin Covey has an expected return of -0.11%. Please make sure to confirm Franklin Covey mean deviation, jensen alpha, potential upside, as well as the relationship between the standard deviation and treynor ratio , to decide if Franklin Covey performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Franklin Covey has good predictability. Overlapping area represents the amount of predictability between Franklin Covey time series from 27th of March 2024 to 11th of April 2024 and 11th of April 2024 to 26th of April 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 Franklin Covey price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Franklin Covey price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Franklin Covey lagged returns against current returns
Autocorrelation, which is Franklin Covey 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 Franklin Covey's stock expected returns. We can calculate the autocorrelation of Franklin Covey returns to help us make a trade decision. For example, suppose you find that Franklin Covey 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 |
Franklin Covey 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 Franklin Covey stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franklin Covey stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franklin Covey stock over time.
Current vs Lagged Prices |
| Timeline |
Franklin Covey Lagged Returns
When evaluating Franklin Covey's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franklin Covey stock have on its future price. Franklin Covey 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, Franklin Covey autocorrelation shows the relationship between Franklin Covey stock current value and its past values and can show if there is a momentum factor associated with investing in Franklin Covey.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Franklin Covey in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Franklin Covey's short interest history, or implied volatility extrapolated from Franklin Covey options trading.
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Try AI Portfolio ArchitectCheck out Franklin Covey Correlation, Franklin Covey Volatility and Franklin Covey Alpha and Beta module to complement your research on Franklin Covey. For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.Note that the Franklin Covey information on this page should be used as a complementary analysis to other Franklin Covey's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Franklin Stock analysis
When running Franklin Covey's price analysis, check to measure Franklin Covey'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 Franklin Covey is operating at the current time. Most of Franklin Covey's value examination focuses on studying past and present price action to predict the probability of Franklin Covey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franklin Covey's price. Additionally, you may evaluate how the addition of Franklin Covey to your portfolios can decrease your overall portfolio volatility.
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Franklin Covey 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.