Vishay Precision Group Stock Market Value
| VPG Stock | USD 22.84 0.40 1.78% |
| Symbol | Vishay |
Vishay Precision Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Vishay Precision. If investors know Vishay 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 Vishay Precision 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 (0.43) | Earnings Share 1.01 | Revenue Per Share 24.13 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0394 |
The market value of Vishay Precision is measured differently than its book value, which is the value of Vishay that is recorded on the company's balance sheet. Investors also form their own opinion of Vishay Precision's value that differs from its market value or its book value, called intrinsic value, which is Vishay Precision'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 Vishay Precision's market value can be influenced by many factors that don't directly affect Vishay Precision'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 Vishay Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vishay Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vishay Precision'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.
Vishay Precision '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 Vishay Precision'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 Vishay Precision.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Vishay Precision on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vishay Precision Group or generate 0.0% return on investment in Vishay Precision over 30 days. Vishay Precision is related to or competes with Coherent, ESCO Technologies, Mesa Laboratories, Sensata Technologies, Sono Tek, Novanta, and Vontier Corp. Vishay Precision Group, Inc. designs, manufactures, and markets specialized sensors, weighing solutions, and measurement... More
Vishay Precision 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 Vishay Precision'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 Vishay Precision Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.24 |
Vishay Precision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vishay Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vishay Precision's standard deviation. In reality, there are many statistical measures that can use Vishay Precision historical prices to predict the future Vishay Precision's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.21) |
Vishay Precision Backtested Returns
Vishay Precision owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Vishay Precision Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vishay Precision's Coefficient Of Variation of (894.71), risk adjusted performance of (0.08), and Variance of 4.81 to confirm the risk estimate we provide. The entity has a beta of 1.2, 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, Vishay Precision will likely underperform. At this point, Vishay Precision has a negative expected return of -0.27%. Please make sure to validate Vishay Precision's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Vishay Precision performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Vishay Precision Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Vishay Precision time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Vishay Precision price movement. The serial correlation of -0.76 indicates that around 76.0% of current Vishay Precision price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Vishay Precision lagged returns against current returns
Autocorrelation, which is Vishay Precision 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 Vishay Precision's stock expected returns. We can calculate the autocorrelation of Vishay Precision returns to help us make a trade decision. For example, suppose you find that Vishay Precision 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 |
Vishay Precision 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 Vishay Precision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vishay Precision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vishay Precision stock over time.
Current vs Lagged Prices |
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Vishay Precision Lagged Returns
When evaluating Vishay Precision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vishay Precision stock have on its future price. Vishay Precision 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, Vishay Precision autocorrelation shows the relationship between Vishay Precision stock current value and its past values and can show if there is a momentum factor associated with investing in Vishay Precision Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Vishay Precision is a strong investment it is important to analyze Vishay Precision'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 Vishay Precision's future performance. For an informed investment choice regarding Vishay Stock, refer to the following important reports:Check out Vishay Precision Correlation, Vishay Precision Volatility and Vishay Precision Alpha and Beta module to complement your research on Vishay Precision. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Vishay Precision 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.