Super Micro Computer Stock Market Value
SMCI Stock | USD 1,010 13.26 1.30% |
Symbol | Super |
Super Micro Computer Price To Book Ratio
Is Super Micro'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 Super Micro. If investors know Super 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 Super Micro 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 0.624 | Earnings Share 12.8 | Revenue Per Share 173.373 | Quarterly Revenue Growth 1.032 | Return On Assets 0.1282 |
The market value of Super Micro Computer is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super Micro's value that differs from its market value or its book value, called intrinsic value, which is Super Micro'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 Super Micro's market value can be influenced by many factors that don't directly affect Super Micro'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 Super Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super Micro'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.
Super Micro '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 Super Micro'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 Super Micro.
02/28/2024 |
| 03/29/2024 |
If you would invest 0.00 in Super Micro on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Super Micro Computer or generate 0.0% return on investment in Super Micro over 30 days. Super Micro is related to or competes with Desktop Metal, Voxeljet, Ebang International, Wetouch Technology, Nano Dimension, Fathom Digital, and 3D Systems. Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storag... More
Super Micro 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 Super Micro'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 Super Micro Computer upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 5.88 | |||
Information Ratio | 0.2513 | |||
Maximum Drawdown | 55.92 | |||
Value At Risk | (6.78) | |||
Potential Upside | 14.44 |
Super Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Super Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Super Micro's standard deviation. In reality, there are many statistical measures that can use Super Micro historical prices to predict the future Super Micro's volatility.Risk Adjusted Performance | 0.158 | |||
Jensen Alpha | 1.61 | |||
Total Risk Alpha | 0.3452 | |||
Sortino Ratio | 0.3549 | |||
Treynor Ratio | 0.4562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Super Micro'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.
Super Micro Computer Backtested Returns
Super Micro is very steady given 3 months investment horizon. Super Micro Computer owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.43% are justified by taking the suggested risk. Use Super Micro Computer Risk Adjusted Performance of 0.158, semi deviation of 4.58, and Coefficient Of Variation of 373.73 to evaluate company specific risk that cannot be diversified away. Super Micro holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of 4.85, which indicates 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, Super Micro will likely underperform. Use Super Micro Computer semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Super Micro Computer.
Auto-correlation | -0.53 |
Good reverse predictability
Super Micro Computer has good reverse predictability. Overlapping area represents the amount of predictability between Super Micro time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Super Micro Computer price movement. The serial correlation of -0.53 indicates that about 53.0% of current Super Micro price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.53 | |
Spearman Rank Test | -0.33 | |
Residual Average | 0.0 | |
Price Variance | 4064.66 |
Super Micro Computer lagged returns against current returns
Autocorrelation, which is Super Micro 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 Super Micro's stock expected returns. We can calculate the autocorrelation of Super Micro returns to help us make a trade decision. For example, suppose you find that Super Micro 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 |
Super Micro 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 Super Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Super Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Super Micro stock over time.
Current vs Lagged Prices |
Timeline |
Super Micro Lagged Returns
When evaluating Super Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Super Micro stock have on its future price. Super Micro 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, Super Micro autocorrelation shows the relationship between Super Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Super Micro Computer.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether Super Micro Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Super Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Super Micro Computer Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Super Micro Computer Stock:Check out Super Micro Correlation, Super Micro Volatility and Super Micro Alpha and Beta module to complement your research on Super Micro. Note that the Super Micro Computer information on this page should be used as a complementary analysis to other Super Micro'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Super Stock analysis
When running Super Micro's price analysis, check to measure Super Micro'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 Super Micro is operating at the current time. Most of Super Micro's value examination focuses on studying past and present price action to predict the probability of Super Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Super Micro's price. Additionally, you may evaluate how the addition of Super Micro to your portfolios can decrease your overall portfolio volatility.
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