Floor Decor Holdings Stock Market Value
| FND Stock | USD 100.49 0.82 0.81% |
| Symbol | Floor |
Floor Decor Holdings Price To Book Ratio
Is Home Improvement Retail 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 Floor Decor. If investors know Floor 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 Floor Decor 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 (0.21) | Earnings Share 1.8 | Revenue Per Share 41.137 | Quarterly Revenue Growth 0.009 | Return On Assets 0.0321 |
The market value of Floor Decor Holdings is measured differently than its book value, which is the value of Floor that is recorded on the company's balance sheet. Investors also form their own opinion of Floor Decor's value that differs from its market value or its book value, called intrinsic value, which is Floor Decor'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 Floor Decor's market value can be influenced by many factors that don't directly affect Floor Decor'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 Floor Decor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floor Decor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floor Decor'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.
Floor Decor '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 Floor Decor'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 Floor Decor.
| 09/10/2024 |
| 11/09/2024 |
If you would invest 0.00 in Floor Decor on September 10, 2024 and sell it all today you would earn a total of 0.00 from holding Floor Decor Holdings or generate 0.0% return on investment in Floor Decor over 60 days. Floor Decor is related to or competes with Lowes Companies, Kirklands, Tile Shop, and Haverty Furniture. Floor Decor Holdings, Inc. operates as a multi-channel specialty retailer and commercial flooring distributor of hard su... More
Floor Decor 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 Floor Decor'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 Floor Decor Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 4.11 |
Floor Decor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Floor Decor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Floor Decor's standard deviation. In reality, there are many statistical measures that can use Floor Decor historical prices to predict the future Floor Decor's volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0194 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3167 |
Floor Decor Holdings Backtested Returns
At this point, Floor Decor is very steady. Floor Decor Holdings secures Sharpe Ratio (or Efficiency) of 0.0177, which denotes the company had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Floor Decor Holdings, which you can use to evaluate the volatility of the firm. Please confirm Floor Decor's Coefficient Of Variation of 4499.74, mean deviation of 1.54, and Downside Deviation of 2.27 to check if the risk estimate we provide is consistent with the expected return of 0.0394%. Floor Decor has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, Floor Decor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Floor Decor is expected to be smaller as well. Floor Decor Holdings right now shows a risk of 2.22%. Please confirm Floor Decor Holdings downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to decide if Floor Decor Holdings will be following its price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Floor Decor Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Floor Decor time series from 10th of September 2024 to 10th of October 2024 and 10th of October 2024 to 9th 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 Floor Decor Holdings price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Floor Decor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 20.83 |
Floor Decor Holdings lagged returns against current returns
Autocorrelation, which is Floor Decor 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 Floor Decor's stock expected returns. We can calculate the autocorrelation of Floor Decor returns to help us make a trade decision. For example, suppose you find that Floor Decor 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 |
Floor Decor 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 Floor Decor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Floor Decor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Floor Decor stock over time.
Current vs Lagged Prices |
| Timeline |
Floor Decor Lagged Returns
When evaluating Floor Decor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Floor Decor stock have on its future price. Floor Decor 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, Floor Decor autocorrelation shows the relationship between Floor Decor stock current value and its past values and can show if there is a momentum factor associated with investing in Floor Decor Holdings.
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 Floor Decor Holdings is a strong investment it is important to analyze Floor Decor'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 Floor Decor's future performance. For an informed investment choice regarding Floor Stock, refer to the following important reports:Check out Floor Decor Correlation, Floor Decor Volatility and Floor Decor Alpha and Beta module to complement your research on Floor Decor. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Floor Decor 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.