Powerfleet, Stock Market Value
| AIOT Stock | 7.04 0.09 1.29% |
| Symbol | PowerFleet, |
PowerFleet, Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 PowerFleet,. If investors know PowerFleet, 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 PowerFleet, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 3.321 | Quarterly Revenue Growth 1.35 |
The market value of PowerFleet, is measured differently than its book value, which is the value of PowerFleet, that is recorded on the company's balance sheet. Investors also form their own opinion of PowerFleet,'s value that differs from its market value or its book value, called intrinsic value, which is PowerFleet,'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 PowerFleet,'s market value can be influenced by many factors that don't directly affect PowerFleet,'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 PowerFleet,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if PowerFleet, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PowerFleet,'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.
PowerFleet, '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 PowerFleet,'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 PowerFleet,.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in PowerFleet, on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding PowerFleet, or generate 0.0% return on investment in PowerFleet, over 30 days. PowerFleet, is related to or competes with Avient Corp, Acme United, Stepan, Ecolab, Mannatech Incorporated, Chemours, and Air Products. PowerFleet, is entity of United States. It is traded as Stock on NASDAQ exchange. More
PowerFleet, 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 PowerFleet,'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 PowerFleet, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.13 | |||
| Information Ratio | 0.115 | |||
| Maximum Drawdown | 23.32 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 7.08 |
PowerFleet, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PowerFleet,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PowerFleet,'s standard deviation. In reality, there are many statistical measures that can use PowerFleet, historical prices to predict the future PowerFleet,'s volatility.| Risk Adjusted Performance | 0.116 | |||
| Jensen Alpha | 0.3934 | |||
| Total Risk Alpha | 0.0151 | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | 0.2994 |
PowerFleet, Backtested Returns
PowerFleet, appears to be slightly risky, given 3 months investment horizon. PowerFleet, maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing PowerFleet,'s technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please evaluate PowerFleet,'s Semi Deviation of 2.68, coefficient of variation of 708.04, and Risk Adjusted Performance of 0.116 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PowerFleet, holds a performance score of 13. The company holds a Beta of 2.01, 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, PowerFleet, will likely underperform. Please check PowerFleet,'s potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether PowerFleet,'s historical price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
PowerFleet, has average predictability. Overlapping area represents the amount of predictability between PowerFleet, time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 PowerFleet, price movement. The serial correlation of 0.41 indicates that just about 41.0% of current PowerFleet, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
PowerFleet, lagged returns against current returns
Autocorrelation, which is PowerFleet, 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 PowerFleet,'s stock expected returns. We can calculate the autocorrelation of PowerFleet, returns to help us make a trade decision. For example, suppose you find that PowerFleet, 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 |
PowerFleet, 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 PowerFleet, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PowerFleet, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PowerFleet, stock over time.
Current vs Lagged Prices |
| Timeline |
PowerFleet, Lagged Returns
When evaluating PowerFleet,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PowerFleet, stock have on its future price. PowerFleet, 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, PowerFleet, autocorrelation shows the relationship between PowerFleet, stock current value and its past values and can show if there is a momentum factor associated with investing in PowerFleet,.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PowerFleet, Stock Analysis
When running PowerFleet,'s price analysis, check to measure PowerFleet,'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 PowerFleet, is operating at the current time. Most of PowerFleet,'s value examination focuses on studying past and present price action to predict the probability of PowerFleet,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PowerFleet,'s price. Additionally, you may evaluate how the addition of PowerFleet, to your portfolios can decrease your overall portfolio volatility.