This firm's average rating is Strong Buy from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on InTest market sentiment investors' perception of the future value of InTest. Let us look at a few aspects of InTest technical analysis. The company has Profit Margin (PM) of
0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of
0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.0.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of inTest. In general, sophisticated investors focus on analyzing InTest stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build InTest's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
InTest's intrinsic value. In addition to deriving basic predictive indicators for InTest, many experienced traders also check how macroeconomic factors affect InTest price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of InTest'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.
How important is InTest's Liquidity
InTest
financial leverage refers to using borrowed capital as a funding source to finance inTest ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. InTest financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to InTest's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of InTest's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between InTest's total debt and its cash.
InTest Gross Profit
InTest Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing InTest previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show InTest Gross Profit growth over the last 10 years. Please check InTest's
gross profit and other
fundamental indicators for more details.
Closer look at InTest Downside Variance
InTest has current Downside Variance of 7.57. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Downside Variance | = | SUM(RET DEV)2 N(ER) |
| = | 7.57 |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Let's now compare InTest Downside Variance to its closest peers:
| INTT | 7.568691059501798 |
| AAOI | 15.61 |
| AIP | 24.17 |
| ALGM | 5.77 |
| CEVA | 5.74 |
Will InTest private investors exit after the drop?
Newest value at risk is at -4.87. InTest currently demonstrates below-average downside deviation. It has Information Ratio of 0.18 and Jensen Alpha of 0.58. However, we advise investors to further question InTest expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure InTest's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact InTest's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Conclusion on InTest
Whereas some firms in the semiconductor equipment & materials industry are either recovering or due for a correction, InTest may not be performing as strong as the other in terms of long-term growth potentials. The bottom line, as of the 3rd of March 2023, our analysis shows that InTest responds to the market. The firm is
undervalued and projects
low probability of financial unrest for the next 2 years. Our primary 90 days buy vs. sell advice on the firm is
Strong Buy.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of inTest. Please refer to our
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