Formfactor Stock Market Value
FORM Stock | USD 44.75 0.89 2.03% |
Symbol | FormFactor |
FormFactor Price To Book Ratio
Is FormFactor'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 FormFactor. If investors know FormFactor 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 FormFactor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.05 | Revenue Per Share 8.571 | Quarterly Revenue Growth 0.013 | Return On Assets 0.0072 | Return On Equity 0.096 |
The market value of FormFactor is measured differently than its book value, which is the value of FormFactor that is recorded on the company's balance sheet. Investors also form their own opinion of FormFactor's value that differs from its market value or its book value, called intrinsic value, which is FormFactor'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 FormFactor's market value can be influenced by many factors that don't directly affect FormFactor'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 FormFactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if FormFactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FormFactor'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.
FormFactor '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 FormFactor'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 FormFactor.
03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in FormFactor on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding FormFactor or generate 0.0% return on investment in FormFactor over 30 days. FormFactor is related to or competes with Silicon Laboratories, Diodes Incorporated, MACOM Technology, Amkor Technology, Power Integrations, MaxLinear, and Cirrus Logic. FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, the... More
FormFactor 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 FormFactor'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 FormFactor upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.76 | |||
Information Ratio | (0) | |||
Maximum Drawdown | 15.49 | |||
Value At Risk | (5.00) | |||
Potential Upside | 4.45 |
FormFactor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FormFactor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FormFactor's standard deviation. In reality, there are many statistical measures that can use FormFactor historical prices to predict the future FormFactor's volatility.Risk Adjusted Performance | 0.0236 | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.0306 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FormFactor'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.
FormFactor Backtested Returns
We consider FormFactor very steady. FormFactor secures Sharpe Ratio (or Efficiency) of 0.038, which denotes the company had a 0.038% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FormFactor, which you can use to evaluate the volatility of the firm. Please confirm FormFactor's Downside Deviation of 2.76, coefficient of variation of 3977.16, and Mean Deviation of 2.25 to check if the risk estimate we provide is consistent with the expected return of 0.11%. FormFactor has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.08, 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, FormFactor will likely underperform. FormFactor right now shows a risk of 2.9%. Please confirm FormFactor value at risk, as well as the relationship between the skewness and day median price , to decide if FormFactor will be following its price patterns.
Auto-correlation | -0.62 |
Very good reverse predictability
FormFactor has very good reverse predictability. Overlapping area represents the amount of predictability between FormFactor 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 FormFactor price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current FormFactor price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.62 | |
Spearman Rank Test | -0.35 | |
Residual Average | 0.0 | |
Price Variance | 2.91 |
FormFactor lagged returns against current returns
Autocorrelation, which is FormFactor 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 FormFactor's stock expected returns. We can calculate the autocorrelation of FormFactor returns to help us make a trade decision. For example, suppose you find that FormFactor 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 |
FormFactor 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 FormFactor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FormFactor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FormFactor stock over time.
Current vs Lagged Prices |
Timeline |
FormFactor Lagged Returns
When evaluating FormFactor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FormFactor stock have on its future price. FormFactor 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, FormFactor autocorrelation shows the relationship between FormFactor stock current value and its past values and can show if there is a momentum factor associated with investing in FormFactor.
Regressed Prices |
Timeline |
FormFactor Investors Sentiment
The influence of FormFactor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FormFactor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FormFactor's public news can be used to forecast risks associated with an investment in FormFactor. The trend in average sentiment can be used to explain how an investor holding FormFactor can time the market purely based on public headlines and social activities around FormFactor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FormFactor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FormFactor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FormFactor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FormFactor.
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 FormFactor 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, FormFactor's short interest history, or implied volatility extrapolated from FormFactor options trading.
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Try AI Portfolio ArchitectCheck out FormFactor Correlation, FormFactor Volatility and FormFactor Alpha and Beta module to complement your research on FormFactor. To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running FormFactor's price analysis, check to measure FormFactor'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 FormFactor is operating at the current time. Most of FormFactor's value examination focuses on studying past and present price action to predict the probability of FormFactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormFactor's price. Additionally, you may evaluate how the addition of FormFactor to your portfolios can decrease your overall portfolio volatility.
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FormFactor 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.