Ichor Holdings Stock Market Value
| ICHR Stock | USD 36.87 0.71 1.89% |
| Symbol | Ichor |
Ichor Holdings Price To Book Ratio
Is Ichor Holdings' 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 Ichor Holdings. If investors know Ichor 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 Ichor Holdings 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 (0.06) | Earnings Share (1.47) | Revenue Per Share 27.777 | Quarterly Revenue Growth (0.33) | Return On Assets (0.01) |
The market value of Ichor Holdings is measured differently than its book value, which is the value of Ichor that is recorded on the company's balance sheet. Investors also form their own opinion of Ichor Holdings' value that differs from its market value or its book value, called intrinsic value, which is Ichor Holdings' 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 Ichor Holdings' market value can be influenced by many factors that don't directly affect Ichor Holdings' 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 Ichor Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ichor Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ichor Holdings' 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.
Ichor Holdings '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 Ichor Holdings' 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 Ichor Holdings.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Ichor Holdings on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Ichor Holdings or generate 0.0% return on investment in Ichor Holdings over 720 days. Ichor Holdings is related to or competes with Cohu, Entegris, Kulicke, Photronics, Veeco Instruments, AXT, and IPG Photonics. Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for... More
Ichor Holdings 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 Ichor Holdings' 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 Ichor Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0524 | |||
| Maximum Drawdown | 20.56 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 4.14 |
Ichor Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ichor Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ichor Holdings' standard deviation. In reality, there are many statistical measures that can use Ichor Holdings historical prices to predict the future Ichor Holdings' volatility.| Risk Adjusted Performance | 0.054 | |||
| Jensen Alpha | 0.0766 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.0895 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ichor Holdings' 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.
Ichor Holdings Backtested Returns
We consider Ichor Holdings very steady. Ichor Holdings holds Efficiency (Sharpe) Ratio of 0.0056, which attests that the entity had a 0.0056% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ichor Holdings, which you can use to evaluate the volatility of the firm. Please check out Ichor Holdings' Downside Deviation of 3.24, risk adjusted performance of 0.054, and Market Risk Adjusted Performance of 0.0995 to validate if the risk estimate we provide is consistent with the expected return of 0.0165%. The company retains a Market Volatility (i.e., Beta) of 2.48, 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, Ichor Holdings will likely underperform. Ichor Holdings right now retains a risk of 2.94%. Please check out Ichor Holdings potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Ichor Holdings will be following its current trending patterns.
Auto-correlation | 0.43 |
Average predictability
Ichor Holdings has average predictability. Overlapping area represents the amount of predictability between Ichor Holdings time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th 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 Ichor Holdings price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Ichor Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 28.0 |
Ichor Holdings lagged returns against current returns
Autocorrelation, which is Ichor Holdings 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 Ichor Holdings' stock expected returns. We can calculate the autocorrelation of Ichor Holdings returns to help us make a trade decision. For example, suppose you find that Ichor Holdings 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 |
Ichor Holdings 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 Ichor Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ichor Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ichor Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Ichor Holdings Lagged Returns
When evaluating Ichor Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ichor Holdings stock have on its future price. Ichor Holdings 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, Ichor Holdings autocorrelation shows the relationship between Ichor Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Ichor Holdings.
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 Ichor Holdings 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, Ichor Holdings' short interest history, or implied volatility extrapolated from Ichor Holdings options trading.
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Try AI Portfolio ArchitectCheck out Ichor Holdings Correlation, Ichor Holdings Volatility and Ichor Holdings Alpha and Beta module to complement your research on Ichor Holdings. To learn how to invest in Ichor Stock, please use our How to Invest in Ichor Holdings guide.Note that the Ichor Holdings information on this page should be used as a complementary analysis to other Ichor Holdings' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Ichor Stock analysis
When running Ichor Holdings' price analysis, check to measure Ichor Holdings' 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 Ichor Holdings is operating at the current time. Most of Ichor Holdings' value examination focuses on studying past and present price action to predict the probability of Ichor Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ichor Holdings' price. Additionally, you may evaluate how the addition of Ichor Holdings to your portfolios can decrease your overall portfolio volatility.
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Ichor Holdings 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.