Taylor Morn Home Stock Market Value
| TMHC Stock | USD 68.52 0.16 0.23% |
| Symbol | Taylor |
Taylor Morn Home Price To Book Ratio
Is Household Durables 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 Taylor Morn. If investors know Taylor 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 Taylor Morn 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 0.539 | Earnings Share 7.55 | Revenue Per Share 74.006 | Quarterly Revenue Growth 0.266 | Return On Assets 0.0794 |
The market value of Taylor Morn Home is measured differently than its book value, which is the value of Taylor that is recorded on the company's balance sheet. Investors also form their own opinion of Taylor Morn's value that differs from its market value or its book value, called intrinsic value, which is Taylor Morn'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 Taylor Morn's market value can be influenced by many factors that don't directly affect Taylor Morn'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 Taylor Morn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taylor Morn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taylor Morn'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.
Taylor Morn '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 Taylor Morn'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 Taylor Morn.
| 11/08/2022 |
| 10/28/2024 |
If you would invest 0.00 in Taylor Morn on November 8, 2022 and sell it all today you would earn a total of 0.00 from holding Taylor Morn Home or generate 0.0% return on investment in Taylor Morn over 720 days. Taylor Morn is related to or competes with Century Communities, Beazer Homes, MI Homes, KB Home, Meritage, TRI Pointe, and Hovnanian Enterprises. Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States More
Taylor Morn 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 Taylor Morn'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 Taylor Morn Home upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.0026 | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 3.1 |
Taylor Morn Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Taylor Morn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Taylor Morn's standard deviation. In reality, there are many statistical measures that can use Taylor Morn historical prices to predict the future Taylor Morn's volatility.| Risk Adjusted Performance | 0.0399 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 0.0552 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Taylor Morn'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.
Taylor Morn Home Backtested Returns
At this point, Taylor Morn is very steady. Taylor Morn Home owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0151, which indicates the firm had a 0.0151% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Taylor Morn Home, which you can use to evaluate the volatility of the company. Please validate Taylor Morn's Risk Adjusted Performance of 0.0399, coefficient of variation of 2324.99, and Semi Deviation of 2.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.0312%. Taylor Morn has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.43, which indicates 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, Taylor Morn will likely underperform. Taylor Morn Home right now has a risk of 2.07%. Please validate Taylor Morn downside variance, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Taylor Morn will be following its existing price patterns.
Auto-correlation | 0.64 |
Good predictability
Taylor Morn Home has good predictability. Overlapping area represents the amount of predictability between Taylor Morn time series from 8th of November 2022 to 3rd of November 2023 and 3rd of November 2023 to 28th of October 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 Taylor Morn Home price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Taylor Morn price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 49.38 |
Taylor Morn Home lagged returns against current returns
Autocorrelation, which is Taylor Morn 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 Taylor Morn's stock expected returns. We can calculate the autocorrelation of Taylor Morn returns to help us make a trade decision. For example, suppose you find that Taylor Morn 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 |
Taylor Morn 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 Taylor Morn stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Taylor Morn stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Taylor Morn stock over time.
Current vs Lagged Prices |
| Timeline |
Taylor Morn Lagged Returns
When evaluating Taylor Morn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Taylor Morn stock have on its future price. Taylor Morn 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, Taylor Morn autocorrelation shows the relationship between Taylor Morn stock current value and its past values and can show if there is a momentum factor associated with investing in Taylor Morn Home.
Regressed Prices |
| Timeline |
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Check out Taylor Morn Correlation, Taylor Morn Volatility and Taylor Morn Alpha and Beta module to complement your research on Taylor Morn. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Taylor Morn 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.