Floor Decor Holdings Stock Market Value
| FND Stock | USD 108.51 0.41 0.38% |
| Symbol | Floor |
Floor Decor Holdings Price To Book Ratio
Is Floor Decor'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 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 (0.48) | Earnings Share 2.28 | Revenue Per Share 41.537 | Return On Assets 0.0451 | Return On Equity 0.1371 |
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.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Floor Decor on March 24, 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 30 days. Floor Decor is related to or competes with Arhaus, Haverty Furniture, Kirklands, and Live Ventures. 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 | 2.55 | |||
| Information Ratio | 0.0073 | |||
| Maximum Drawdown | 15.51 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.88 |
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 | 0.0328 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0072 | |||
| Treynor Ratio | 0.0346 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Floor Decor'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.
Floor Decor Holdings Backtested Returns
We consider Floor Decor very steady. Floor Decor Holdings secures Sharpe Ratio (or Efficiency) of 0.0217, which denotes the company had a 0.0217% 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 2423.63, downside deviation of 2.55, and Mean Deviation of 1.94 to check if the risk estimate we provide is consistent with the expected return of 0.055%. Floor Decor has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.71, which means 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, Floor Decor will likely underperform. Floor Decor Holdings right now shows a risk of 2.54%. 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 | 0.74 |
Good predictability
Floor Decor Holdings has good predictability. Overlapping area represents the amount of predictability between Floor Decor time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 0.74 indicates that around 74.0% of current Floor Decor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 26.1 |
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 |
Floor Decor Investors Sentiment
The influence of Floor Decor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Floor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Floor Decor's public news can be used to forecast risks associated with an investment in Floor. The trend in average sentiment can be used to explain how an investor holding Floor can time the market purely based on public headlines and social activities around Floor Decor Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Floor Decor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Floor Decor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Floor Decor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Floor Decor.
Floor Decor Implied Volatility | 54.08 |
Floor Decor's implied volatility exposes the market's sentiment of Floor Decor Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Floor Decor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Floor Decor stock will not fluctuate a lot when Floor Decor's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Floor Decor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Floor Decor's short interest history, or implied volatility extrapolated from Floor Decor options trading.
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Try AI Portfolio ArchitectCheck 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Floor Decor's price analysis, check to measure Floor Decor'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 Floor Decor is operating at the current time. Most of Floor Decor's value examination focuses on studying past and present price action to predict the probability of Floor Decor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Floor Decor's price. Additionally, you may evaluate how the addition of Floor Decor to your portfolios can decrease your overall portfolio volatility.
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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.