Irobot Stock Market Value
IRBT Stock | USD 8.59 0.77 9.85% |
Symbol | IRobot |
IRobot Price To Book Ratio
Is IRobot'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 IRobot. If investors know IRobot 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 IRobot 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 (0.37) | Earnings Share (11.01) | Revenue Per Share 56.524 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0076 |
The market value of IRobot is measured differently than its book value, which is the value of IRobot that is recorded on the company's balance sheet. Investors also form their own opinion of IRobot's value that differs from its market value or its book value, called intrinsic value, which is IRobot'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 IRobot's market value can be influenced by many factors that don't directly affect IRobot'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 IRobot's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRobot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRobot'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.
IRobot '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 IRobot'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 IRobot.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in IRobot on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding IRobot or generate 0.0% return on investment in IRobot over 30 days. IRobot is related to or competes with Energy Focu, Nova Lifestyle, Flexsteel Industries, Ethan Allen, FGI Industries, Leggett Platt, and La Z. iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Midd... More
IRobot 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 IRobot'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 IRobot upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.39) | |||
Maximum Drawdown | 31.3 | |||
Value At Risk | (9.23) | |||
Potential Upside | 6.33 |
IRobot Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRobot's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IRobot's standard deviation. In reality, there are many statistical measures that can use IRobot historical prices to predict the future IRobot's volatility.Risk Adjusted Performance | (0.19) | |||
Jensen Alpha | (2.17) | |||
Total Risk Alpha | (3.36) | |||
Treynor Ratio | (3.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IRobot'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.
IRobot Backtested Returns
IRobot holds Efficiency (Sharpe) Ratio of -0.38, which attests that the entity had a -0.38% return per unit of risk over the last 3 months. IRobot exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IRobot's Market Risk Adjusted Performance of (3.10), risk adjusted performance of (0.19), and Standard Deviation of 5.69 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IRobot's returns are expected to increase less than the market. However, during the bear market, the loss of holding IRobot is expected to be smaller as well. IRobot has an expected return of -2.25%. Please make sure to check out IRobot jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if IRobot performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
IRobot has good predictability. Overlapping area represents the amount of predictability between IRobot time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 IRobot price movement. The serial correlation of 0.78 indicates that around 78.0% of current IRobot price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.78 | |
Spearman Rank Test | 0.82 | |
Residual Average | 0.0 | |
Price Variance | 0.47 |
IRobot lagged returns against current returns
Autocorrelation, which is IRobot 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 IRobot's stock expected returns. We can calculate the autocorrelation of IRobot returns to help us make a trade decision. For example, suppose you find that IRobot 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 |
IRobot 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 IRobot stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IRobot stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IRobot stock over time.
Current vs Lagged Prices |
Timeline |
IRobot Lagged Returns
When evaluating IRobot's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IRobot stock have on its future price. IRobot 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, IRobot autocorrelation shows the relationship between IRobot stock current value and its past values and can show if there is a momentum factor associated with investing in IRobot.
Regressed Prices |
Timeline |
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Try AI Portfolio ArchitectCheck out IRobot Correlation, IRobot Volatility and IRobot Alpha and Beta module to complement your research on IRobot. For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.Note that the IRobot information on this page should be used as a complementary analysis to other IRobot'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.
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