Ferrari Nv Stock Market Value
RACE Stock | USD 411.34 0.41 0.1% |
Symbol | Ferrari |
Ferrari NV Price To Book Ratio
Is Ferrari NV'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 Ferrari NV. If investors know Ferrari 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 Ferrari NV 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 0.342 | Dividend Share 2.443 | Earnings Share 7.36 | Revenue Per Share 32.944 | Quarterly Revenue Growth 0.114 |
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV'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 Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV'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 Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV'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.
Ferrari NV '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 Ferrari NV'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 Ferrari NV.
03/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in Ferrari NV on March 18, 2024 and sell it all today you would earn a total of 0.00 from holding Ferrari NV or generate 0.0% return on investment in Ferrari NV over 30 days. Ferrari NV is related to or competes with Hycroft Mining, Exela Technologies, Thrivent High, Morningstar Unconstrained, T Rowe, and 70082LAB3. Ferrari N.V., through its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars More
Ferrari NV 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 Ferrari NV'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 Ferrari NV upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.64 | |||
Information Ratio | 0.0985 | |||
Maximum Drawdown | 15.4 | |||
Value At Risk | (2.69) | |||
Potential Upside | 2.38 |
Ferrari NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferrari NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferrari NV's standard deviation. In reality, there are many statistical measures that can use Ferrari NV historical prices to predict the future Ferrari NV's volatility.Risk Adjusted Performance | 0.0866 | |||
Jensen Alpha | 0.1706 | |||
Total Risk Alpha | 0.0944 | |||
Sortino Ratio | 0.1247 | |||
Treynor Ratio | 0.1472 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ferrari NV'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.
Ferrari NV Backtested Returns
Ferrari NV appears to be very steady, given 3 months investment horizon. Ferrari NV secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ferrari NV, which you can use to evaluate the volatility of the firm. Please utilize Ferrari NV's Downside Deviation of 1.64, mean deviation of 1.28, and Coefficient Of Variation of 791.41 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ferrari NV holds a performance score of 10. The firm shows a Beta (market volatility) of 1.72, 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, Ferrari NV will likely underperform. Please check Ferrari NV's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Ferrari NV's price patterns will revert.
Auto-correlation | 0.38 |
Below average predictability
Ferrari NV has below average predictability. Overlapping area represents the amount of predictability between Ferrari NV time series from 18th of March 2024 to 2nd of April 2024 and 2nd of April 2024 to 17th 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 Ferrari NV price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Ferrari NV price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.38 | |
Spearman Rank Test | 0.1 | |
Residual Average | 0.0 | |
Price Variance | 19.27 |
Ferrari NV lagged returns against current returns
Autocorrelation, which is Ferrari NV 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 Ferrari NV's stock expected returns. We can calculate the autocorrelation of Ferrari NV returns to help us make a trade decision. For example, suppose you find that Ferrari NV 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 |
Ferrari NV 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 Ferrari NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferrari NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferrari NV stock over time.
Current vs Lagged Prices |
Timeline |
Ferrari NV Lagged Returns
When evaluating Ferrari NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferrari NV stock have on its future price. Ferrari NV 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, Ferrari NV autocorrelation shows the relationship between Ferrari NV stock current value and its past values and can show if there is a momentum factor associated with investing in Ferrari NV.
Regressed Prices |
Timeline |
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Check out Ferrari NV Correlation, Ferrari NV Volatility and Ferrari NV Alpha and Beta module to complement your research on Ferrari NV. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.Note that the Ferrari NV information on this page should be used as a complementary analysis to other Ferrari NV'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Ferrari Stock analysis
When running Ferrari NV's price analysis, check to measure Ferrari NV'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 Ferrari NV is operating at the current time. Most of Ferrari NV's value examination focuses on studying past and present price action to predict the probability of Ferrari NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferrari NV's price. Additionally, you may evaluate how the addition of Ferrari NV to your portfolios can decrease your overall portfolio volatility.
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Ferrari NV 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.