Ferrari Nv Stock Market Value
| RACE Stock | USD 412.93 3.99 0.96% |
| Symbol | Ferrari |
Ferrari NV Price To Book Ratio
Is Automobile Manufacturers 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 Ferrari NV. If investors know Ferrari 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 Ferrari NV 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 0.203 | Dividend Share 2.443 | Earnings Share 7.88 | Revenue Per Share 33.875 | Quarterly Revenue Growth 0.109 |
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV'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 Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV'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 Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV'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.
Ferrari NV '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 Ferrari NV'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 Ferrari NV.
| 06/19/2022 |
| 06/08/2024 |
If you would invest 0.00 in Ferrari NV on June 19, 2022 and sell it all today you would earn a total of 0.00 from holding Ferrari NV or generate 0.0% return on investment in Ferrari NV over 720 days. Ferrari NV is related to or competes with Xpeng, and Nio. Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars More
Ferrari NV 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 Ferrari NV'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 Ferrari NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.49 |
Ferrari NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferrari NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferrari NV's standard deviation. In reality, there are many statistical measures that can use Ferrari NV historical prices to predict the future Ferrari NV's volatility.| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ferrari NV'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.
Ferrari NV Backtested Returns
We consider Ferrari NV very steady. Ferrari NV secures Sharpe Ratio (or Efficiency) of 0.014, which denotes the company had a 0.014% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ferrari NV, which you can use to evaluate the volatility of the firm. Please confirm Ferrari NV's Downside Deviation of 1.62, mean deviation of 1.05, and Coefficient Of Variation of 21523.6 to check if the risk estimate we provide is consistent with the expected return of 0.0206%. Ferrari NV has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. Ferrari NV returns are very sensitive to returns on the market. As the market goes up or down, Ferrari NV is expected to follow. Ferrari NV right now shows a risk of 1.47%. Please confirm Ferrari NV maximum drawdown, skewness, day typical price, as well as the relationship between the downside variance and daily balance of power , to decide if Ferrari NV will be following its price patterns.
Auto-correlation | 0.92 |
Excellent predictability
Ferrari NV has excellent predictability. Overlapping area represents the amount of predictability between Ferrari NV time series from 19th of June 2022 to 14th of June 2023 and 14th of June 2023 to 8th of June 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 Ferrari NV price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Ferrari NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 2257.53 |
Ferrari NV lagged returns against current returns
Autocorrelation, which is Ferrari NV 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 Ferrari NV's stock expected returns. We can calculate the autocorrelation of Ferrari NV returns to help us make a trade decision. For example, suppose you find that Ferrari NV 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 |
Ferrari NV 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 Ferrari NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferrari NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferrari NV stock over time.
Current vs Lagged Prices |
| Timeline |
Ferrari NV Lagged Returns
When evaluating Ferrari NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferrari NV stock have on its future price. Ferrari NV 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, Ferrari NV autocorrelation shows the relationship between Ferrari NV stock current value and its past values and can show if there is a momentum factor associated with investing in Ferrari NV.
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.Additional Information and Resources on Investing in Ferrari Stock
When determining whether Ferrari NV is a strong investment it is important to analyze Ferrari NV'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 Ferrari NV's future performance. For an informed investment choice regarding Ferrari Stock, refer to the following important reports:Check out Ferrari NV Correlation, Ferrari NV Volatility and Ferrari NV Alpha and Beta module to complement your research on Ferrari NV. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Ferrari NV 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.