Netgear Stock Market Value
NTGR Stock | USD 14.74 0.16 1.10% |
Symbol | NETGEAR |
NETGEAR Price To Book Ratio
Is NETGEAR'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 NETGEAR. If investors know NETGEAR 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 NETGEAR 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 (0.69) | Earnings Share (3.57) | Revenue Per Share 25.237 | Quarterly Revenue Growth (0.24) | Return On Assets (0.02) |
The market value of NETGEAR is measured differently than its book value, which is the value of NETGEAR that is recorded on the company's balance sheet. Investors also form their own opinion of NETGEAR's value that differs from its market value or its book value, called intrinsic value, which is NETGEAR'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 NETGEAR's market value can be influenced by many factors that don't directly affect NETGEAR'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 NETGEAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if NETGEAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NETGEAR'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.
NETGEAR '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 NETGEAR'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 NETGEAR.
05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in NETGEAR on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding NETGEAR or generate 0.0% return on investment in NETGEAR over 360 days. NETGEAR is related to or competes with Optical Cable, Knowles Cor, Mynaric AG, Ituran Location, Telesat Corp, and Digi International. NETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and s... More
NETGEAR 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 NETGEAR'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 NETGEAR upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.61 | |||
Information Ratio | (0) | |||
Maximum Drawdown | 14.57 | |||
Value At Risk | (3.62) | |||
Potential Upside | 3.88 |
NETGEAR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NETGEAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NETGEAR's standard deviation. In reality, there are many statistical measures that can use NETGEAR historical prices to predict the future NETGEAR's volatility.Risk Adjusted Performance | 0.0289 | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.0367 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NETGEAR'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.
NETGEAR Backtested Returns
We consider NETGEAR not too volatile. NETGEAR has Sharpe Ratio of 0.01, which conveys that the firm had a 0.01% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for NETGEAR, which you can use to evaluate the volatility of the firm. Please verify NETGEAR's Risk Adjusted Performance of 0.0289, mean deviation of 1.73, and Market Risk Adjusted Performance of 0.0467 to check out if the risk estimate we provide is consistent with the expected return of 0.0257%. The company secures a Beta (Market Risk) of 2.07, which conveys 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, NETGEAR will likely underperform. NETGEAR currently secures a risk of 2.57%. Please verify NETGEAR potential upside, as well as the relationship between the kurtosis and day typical price , to decide if NETGEAR will be following its current price movements.
Auto-correlation | -0.4 |
Poor reverse predictability
NETGEAR has poor reverse predictability. Overlapping area represents the amount of predictability between NETGEAR time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th 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 NETGEAR price movement. The serial correlation of -0.4 indicates that just about 40.0% of current NETGEAR price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.4 | |
Spearman Rank Test | -0.58 | |
Residual Average | 0.0 | |
Price Variance | 0.77 |
NETGEAR lagged returns against current returns
Autocorrelation, which is NETGEAR 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 NETGEAR's stock expected returns. We can calculate the autocorrelation of NETGEAR returns to help us make a trade decision. For example, suppose you find that NETGEAR 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 |
NETGEAR 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 NETGEAR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NETGEAR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NETGEAR stock over time.
Current vs Lagged Prices |
Timeline |
NETGEAR Lagged Returns
When evaluating NETGEAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NETGEAR stock have on its future price. NETGEAR 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, NETGEAR autocorrelation shows the relationship between NETGEAR stock current value and its past values and can show if there is a momentum factor associated with investing in NETGEAR.
Regressed Prices |
Timeline |
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 NETGEAR 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, NETGEAR's short interest history, or implied volatility extrapolated from NETGEAR options trading.
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Try AI Portfolio ArchitectCheck out NETGEAR Correlation, NETGEAR Volatility and NETGEAR Alpha and Beta module to complement your research on NETGEAR. To learn how to invest in NETGEAR Stock, please use our How to Invest in NETGEAR guide.Note that the NETGEAR information on this page should be used as a complementary analysis to other NETGEAR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for NETGEAR Stock analysis
When running NETGEAR's price analysis, check to measure NETGEAR'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 NETGEAR is operating at the current time. Most of NETGEAR's value examination focuses on studying past and present price action to predict the probability of NETGEAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NETGEAR's price. Additionally, you may evaluate how the addition of NETGEAR to your portfolios can decrease your overall portfolio volatility.
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NETGEAR 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.