Profrac Holding Corp Stock Market Value
| ACDC Stock | USD 9.07 0.06 0.66% |
| Symbol | ProFrac |
ProFrac Holding Corp Price To Book Ratio
Is Oil & Gas Equipment & Services space 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 ProFrac Holding. If investors know ProFrac 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 ProFrac Holding 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 (0.99) | Earnings Share (1.46) | Revenue Per Share 13.921 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0155 |
The market value of ProFrac Holding Corp is measured differently than its book value, which is the value of ProFrac that is recorded on the company's balance sheet. Investors also form their own opinion of ProFrac Holding's value that differs from its market value or its book value, called intrinsic value, which is ProFrac Holding'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 ProFrac Holding's market value can be influenced by many factors that don't directly affect ProFrac Holding'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 ProFrac Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProFrac Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProFrac Holding'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.
ProFrac Holding '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 ProFrac Holding'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 ProFrac Holding.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in ProFrac Holding on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding ProFrac Holding Corp or generate 0.0% return on investment in ProFrac Holding over 720 days. ProFrac Holding is related to or competes with Newpark Resources, Natural Gas, Geospace Technologies, MRC Global, Liberty Oilfield, Ranger Energy, and ProPetro Holding. ProFrac Holding is entity of United States More
ProFrac Holding 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 ProFrac Holding'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 ProFrac Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.34 | |||
| Information Ratio | 0.0946 | |||
| Maximum Drawdown | 17.89 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 7.24 |
ProFrac Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ProFrac Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ProFrac Holding's standard deviation. In reality, there are many statistical measures that can use ProFrac Holding historical prices to predict the future ProFrac Holding's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 0.3415 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0957 | |||
| Treynor Ratio | 0.3441 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ProFrac Holding'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.
ProFrac Holding Corp Backtested Returns
ProFrac Holding appears to be slightly risky, given 3 months investment horizon. ProFrac Holding Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing ProFrac Holding's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please evaluate ProFrac Holding's Semi Deviation of 3.99, risk adjusted performance of 0.1045, and Coefficient Of Variation of 794.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ProFrac Holding holds a performance score of 10. The company holds a Beta of 1.58, which implies 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, ProFrac Holding will likely underperform. Please check ProFrac Holding's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether ProFrac Holding's historical price patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
ProFrac Holding Corp has poor predictability. Overlapping area represents the amount of predictability between ProFrac Holding time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 ProFrac Holding Corp price movement. The serial correlation of 0.25 indicates that over 25.0% of current ProFrac Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
ProFrac Holding Corp lagged returns against current returns
Autocorrelation, which is ProFrac Holding 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 ProFrac Holding's stock expected returns. We can calculate the autocorrelation of ProFrac Holding returns to help us make a trade decision. For example, suppose you find that ProFrac Holding 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 |
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ProFrac Holding 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 ProFrac Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ProFrac Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ProFrac Holding stock over time.
Current vs Lagged Prices |
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ProFrac Holding Lagged Returns
When evaluating ProFrac Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ProFrac Holding stock have on its future price. ProFrac Holding 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, ProFrac Holding autocorrelation shows the relationship between ProFrac Holding stock current value and its past values and can show if there is a momentum factor associated with investing in ProFrac Holding Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ProFrac Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProFrac Holding'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 Profrac Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Profrac Holding Corp Stock:Check out ProFrac Holding Correlation, ProFrac Holding Volatility and ProFrac Holding Alpha and Beta module to complement your research on ProFrac Holding. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
ProFrac Holding 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.