Technipfmc Plc Stock Market Value
| FTI Stock | USD 25.38 0.16 0.63% |
| Symbol | TechnipFMC |
TechnipFMC PLC Price To Book Ratio
Is TechnipFMC PLC'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 TechnipFMC PLC. If investors know TechnipFMC 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 TechnipFMC 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 (0.88) | Dividend Share 0.1 | Earnings Share 0.12 | Revenue Per Share 17.846 | Quarterly Revenue Growth 0.21 |
The market value of TechnipFMC PLC is measured differently than its book value, which is the value of TechnipFMC that is recorded on the company's balance sheet. Investors also form their own opinion of TechnipFMC PLC's value that differs from its market value or its book value, called intrinsic value, which is TechnipFMC 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 TechnipFMC PLC's market value can be influenced by many factors that don't directly affect TechnipFMC 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 TechnipFMC PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechnipFMC PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechnipFMC 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.
TechnipFMC 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 TechnipFMC 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 TechnipFMC PLC.
| 07/28/2023 |
| 04/23/2024 |
If you would invest 0.00 in TechnipFMC PLC on July 28, 2023 and sell it all today you would earn a total of 0.00 from holding TechnipFMC PLC or generate 0.0% return on investment in TechnipFMC PLC over 270 days. TechnipFMC PLC is related to or competes with Expro Group, MRC Global, and Now. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central... More
TechnipFMC 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 TechnipFMC 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 TechnipFMC PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.2268 | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 3.49 |
TechnipFMC PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TechnipFMC PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TechnipFMC PLC's standard deviation. In reality, there are many statistical measures that can use TechnipFMC PLC historical prices to predict the future TechnipFMC PLC's volatility.| Risk Adjusted Performance | 0.1737 | |||
| Jensen Alpha | 0.4345 | |||
| Total Risk Alpha | 0.2674 | |||
| Sortino Ratio | 0.261 | |||
| Treynor Ratio | 0.6112 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TechnipFMC 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.
TechnipFMC PLC Backtested Returns
TechnipFMC PLC appears to be very steady, given 3 months investment horizon. TechnipFMC PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for TechnipFMC PLC, which you can use to evaluate the volatility of the company. Please review TechnipFMC PLC's Semi Deviation of 1.13, risk adjusted performance of 0.1737, and Coefficient Of Variation of 366.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TechnipFMC PLC holds a performance score of 19. The entity has a beta of 0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TechnipFMC PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding TechnipFMC PLC is expected to be smaller as well. Please check TechnipFMC PLC's maximum drawdown, and the relationship between the information ratio and expected short fall , to make a quick decision on whether TechnipFMC PLC's existing price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
TechnipFMC PLC has modest predictability. Overlapping area represents the amount of predictability between TechnipFMC PLC time series from 28th of July 2023 to 10th of December 2023 and 10th of December 2023 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 TechnipFMC PLC price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current TechnipFMC PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 8.46 |
TechnipFMC PLC lagged returns against current returns
Autocorrelation, which is TechnipFMC 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 TechnipFMC PLC's stock expected returns. We can calculate the autocorrelation of TechnipFMC PLC returns to help us make a trade decision. For example, suppose you find that TechnipFMC 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 |
TechnipFMC 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 TechnipFMC PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TechnipFMC PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TechnipFMC PLC stock over time.
Current vs Lagged Prices |
| Timeline |
TechnipFMC PLC Lagged Returns
When evaluating TechnipFMC PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TechnipFMC PLC stock have on its future price. TechnipFMC 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, TechnipFMC PLC autocorrelation shows the relationship between TechnipFMC PLC stock current value and its past values and can show if there is a momentum factor associated with investing in TechnipFMC PLC.
Regressed Prices |
| Timeline |
TechnipFMC PLC Investors Sentiment
The influence of TechnipFMC PLC'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 TechnipFMC. 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 TechnipFMC PLC's public news can be used to forecast risks associated with an investment in TechnipFMC. The trend in average sentiment can be used to explain how an investor holding TechnipFMC can time the market purely based on public headlines and social activities around TechnipFMC PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
TechnipFMC PLC'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 TechnipFMC PLC'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 TechnipFMC PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on TechnipFMC PLC.
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 TechnipFMC PLC 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, TechnipFMC PLC's short interest history, or implied volatility extrapolated from TechnipFMC PLC options trading.
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Try AI Portfolio ArchitectCheck out TechnipFMC PLC Correlation, TechnipFMC PLC Volatility and TechnipFMC PLC Alpha and Beta module to complement your research on TechnipFMC PLC. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running TechnipFMC PLC's price analysis, check to measure TechnipFMC PLC'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 TechnipFMC PLC is operating at the current time. Most of TechnipFMC PLC's value examination focuses on studying past and present price action to predict the probability of TechnipFMC PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechnipFMC PLC's price. Additionally, you may evaluate how the addition of TechnipFMC PLC to your portfolios can decrease your overall portfolio volatility.
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TechnipFMC 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.