Ferguson Plc Stock Market Value
| FERG Stock | USD 198.68 1.18 0.59% |
| Symbol | Ferguson |
Ferguson Plc Price To Book Ratio
Is Trading Companies & Distributors 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 Ferguson Plc. If investors know Ferguson 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 Ferguson Plc 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 0.337 | Dividend Share 3.12 | Earnings Share 9.14 | Revenue Per Share 145.06 | Quarterly Revenue Growth 0.024 |
The market value of Ferguson Plc is measured differently than its book value, which is the value of Ferguson that is recorded on the company's balance sheet. Investors also form their own opinion of Ferguson Plc's value that differs from its market value or its book value, called intrinsic value, which is Ferguson Plc'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 Ferguson Plc's market value can be influenced by many factors that don't directly affect Ferguson Plc'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 Ferguson Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferguson Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferguson Plc'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.
Ferguson Plc '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 Ferguson Plc'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 Ferguson Plc.
| 03/11/2024 |
| 06/09/2024 |
If you would invest 0.00 in Ferguson Plc on March 11, 2024 and sell it all today you would earn a total of 0.00 from holding Ferguson Plc or generate 0.0% return on investment in Ferguson Plc over 90 days. Ferguson Plc is related to or competes with Global Industrial, EVI Industries, Core Main, Distribution Solutions, WESCO International, BlueLinx Holdings, and Applied Industrial. Ferguson plc distributes plumbing and heating products in the United States and Canada More
Ferguson Plc 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 Ferguson Plc'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 Ferguson Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.94 |
Ferguson Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferguson Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferguson Plc's standard deviation. In reality, there are many statistical measures that can use Ferguson Plc historical prices to predict the future Ferguson Plc's volatility.| Risk Adjusted Performance | 0.0016 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ferguson Plc'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.
Ferguson Plc Backtested Returns
We consider Ferguson Plc very steady. Ferguson Plc secures Sharpe Ratio (or Efficiency) of 0.0098, which denotes the company had a 0.0098% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Ferguson Plc, which you can use to evaluate the volatility of the firm. Please confirm Ferguson Plc's Mean Deviation of 0.9693, variance of 1.66, and Standard Deviation of 1.29 to check if the risk estimate we provide is consistent with the expected return of 0.0127%. The firm shows a Beta (market volatility) of 1.04, which means a somewhat significant risk relative to the market. Ferguson Plc returns are very sensitive to returns on the market. As the market goes up or down, Ferguson Plc is expected to follow. Ferguson Plc right now shows a risk of 1.29%. Please confirm Ferguson Plc skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Ferguson Plc will be following its price patterns.
Auto-correlation | 0.30 |
Below average predictability
Ferguson Plc has below average predictability. Overlapping area represents the amount of predictability between Ferguson Plc time series from 11th of March 2024 to 25th of April 2024 and 25th of April 2024 to 9th 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 Ferguson Plc price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Ferguson Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 51.51 |
Ferguson Plc lagged returns against current returns
Autocorrelation, which is Ferguson Plc 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 Ferguson Plc's stock expected returns. We can calculate the autocorrelation of Ferguson Plc returns to help us make a trade decision. For example, suppose you find that Ferguson Plc 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 |
Ferguson Plc 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 Ferguson Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferguson Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferguson Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Ferguson Plc Lagged Returns
When evaluating Ferguson Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferguson Plc stock have on its future price. Ferguson Plc 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, Ferguson Plc autocorrelation shows the relationship between Ferguson Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Ferguson Plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Ferguson Stock
When determining whether Ferguson Plc is a strong investment it is important to analyze Ferguson Plc'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 Ferguson Plc's future performance. For an informed investment choice regarding Ferguson Stock, refer to the following important reports:Check out Ferguson Plc Correlation, Ferguson Plc Volatility and Ferguson Plc Alpha and Beta module to complement your research on Ferguson Plc. For more detail on how to invest in Ferguson Stock please use our How to Invest in Ferguson Plc guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Ferguson Plc 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.