Funko Inc Stock Market Value
| FNKO Stock | USD 6.03 0.32 5.60% |
| Symbol | Funko |
Funko Inc Price To Book Ratio
Is Funko'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 Funko. If investors know Funko 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 Funko 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 (0.32) | Earnings Share (3.19) | Revenue Per Share 22.678 | Quarterly Revenue Growth (0.13) | Return On Assets (0.06) |
The market value of Funko Inc is measured differently than its book value, which is the value of Funko that is recorded on the company's balance sheet. Investors also form their own opinion of Funko's value that differs from its market value or its book value, called intrinsic value, which is Funko'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 Funko's market value can be influenced by many factors that don't directly affect Funko'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 Funko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Funko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Funko'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.
Funko '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 Funko'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 Funko.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Funko on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Funko Inc or generate 0.0% return on investment in Funko over 60 days. Funko is related to or competes with Steven Madden, Vera Bradley, Continental, Wolverine World, Rocky Brands, and Designer Brands. Funko, Inc., a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in... More
Funko 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 Funko'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 Funko Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.01 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 4.95 |
Funko Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Funko's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Funko's standard deviation. In reality, there are many statistical measures that can use Funko historical prices to predict the future Funko's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Funko'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.
Funko Inc Backtested Returns
Funko Inc secures Sharpe Ratio (or Efficiency) of -0.0737, which denotes the company had a -0.0737% return per unit of risk over the last 3 months. Funko Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Funko's Standard Deviation of 3.26, mean deviation of 2.33, and Variance of 10.65 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.92, 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, Funko will likely underperform. Funko Inc has an expected return of -0.24%. Please make sure to confirm Funko Inc potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Funko Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.82 |
Very good predictability
Funko Inc has very good predictability. Overlapping area represents the amount of predictability between Funko time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th 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 Funko Inc price movement. The serial correlation of 0.82 indicates that around 82.0% of current Funko price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Funko Inc lagged returns against current returns
Autocorrelation, which is Funko 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 Funko's stock expected returns. We can calculate the autocorrelation of Funko returns to help us make a trade decision. For example, suppose you find that Funko 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 |
Funko 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 Funko stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Funko stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Funko stock over time.
Current vs Lagged Prices |
| Timeline |
Funko Lagged Returns
When evaluating Funko's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Funko stock have on its future price. Funko 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, Funko autocorrelation shows the relationship between Funko stock current value and its past values and can show if there is a momentum factor associated with investing in Funko Inc.
Regressed Prices |
| Timeline |
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When running Funko's price analysis, check to measure Funko'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 Funko is operating at the current time. Most of Funko's value examination focuses on studying past and present price action to predict the probability of Funko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Funko's price. Additionally, you may evaluate how the addition of Funko to your portfolios can decrease your overall portfolio volatility.
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Funko 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.