Fabrinet Stock Price on December 13, 2019
| FN Stock | USD 162.32 2.88 1.74% |
Below is the normalized historical share price chart for Fabrinet extending back to June 25, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fabrinet stands at 162.32, as last reported on the 19th of April, with the highest price reaching 166.47 and the lowest price hitting 159.69 during the day.
If you're considering investing in Fabrinet Stock, it is important to understand the factors that can impact its price. Fabrinet secures Sharpe Ratio (or Efficiency) of -0.0757, which denotes the company had a -0.0757% return per unit of standard deviation over the last 3 months. Fabrinet exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fabrinet's Standard Deviation of 3.73, coefficient of variation of (3,322), and Mean Deviation of 2.43 to check the risk estimate we provide.
At this time, Fabrinet's Total Stockholder Equity is very stable compared to the past year. As of the 19th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 2.4 B, while Common Stock Total Equity is likely to drop about 381.4 K. . At this time, Fabrinet's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 19th of April 2024, Price To Operating Cash Flows Ratio is likely to grow to 28.15, while Price To Sales Ratio is likely to drop 0.84. Fabrinet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of June 2010 | 200 Day MA 170.4533 | 50 Day MA 197.0752 | Beta 1.02 |
Fabrinet |
Sharpe Ratio = -0.0757
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| Negative Returns | FN |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fabrinet is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fabrinet by adding Fabrinet to a well-diversified portfolio.
Price Book 3.9056 | Enterprise Value Ebitda 17.345 | Price Sales 2.3143 | Shares Float 36.1 M | Wall Street Target Price 212.2 |
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.
About Fabrinet Stock history
Fabrinet investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fabrinet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fabrinet will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fabrinet stock prices may prove useful in developing a viable investing in Fabrinet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 42.4 M | 38.6 M | |
| Net Income Applicable To Common Shares | 285.1 M | 299.4 M |
Fabrinet Quarterly Net Working Capital |
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Fabrinet Stock Technical Analysis
Fabrinet 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.
Price Boundaries
Fabrinet Period Price Range
Fabrinet April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Fabrinet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fabrinet shares will generate the highest return on investment. By undertsting and applying Fabrinet stock market strength indicators, traders can identify Fabrinet entry and exit signals to maximize returns
| Accumulation Distribution | 25835.03 | |||
| Daily Balance Of Power | (0.42) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 163.08 | |||
| Day Typical Price | 162.83 | |||
| Price Action Indicator | (2.20) | |||
| Period Momentum Indicator | (2.88) |
Fabrinet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fabrinet's price direction in advance. Along with the technical and fundamental analysis of Fabrinet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fabrinet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.13) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Fabrinet's price analysis, check to measure Fabrinet'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 Fabrinet is operating at the current time. Most of Fabrinet's value examination focuses on studying past and present price action to predict the probability of Fabrinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fabrinet's price. Additionally, you may evaluate how the addition of Fabrinet to your portfolios can decrease your overall portfolio volatility.
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Is Fabrinet'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 Fabrinet. If investors know Fabrinet 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 Fabrinet 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 0.105 | Earnings Share 6.93 | Revenue Per Share 74.744 | Quarterly Revenue Growth 0.066 | Return On Assets 0.0803 |
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet'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 Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet'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 Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet'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.