Entegris Stock Market Value
| ENTG Stock | USD 102.23 7.13 6.52% |
| Symbol | Entegris |
Entegris Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Entegris. If investors know Entegris 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 Entegris 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 1.318 | Dividend Share 0.4 | Earnings Share 1.51 | Revenue Per Share 21.26 | Quarterly Revenue Growth (0.09) |
The market value of Entegris is measured differently than its book value, which is the value of Entegris that is recorded on the company's balance sheet. Investors also form their own opinion of Entegris' value that differs from its market value or its book value, called intrinsic value, which is Entegris' 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 Entegris' market value can be influenced by many factors that don't directly affect Entegris' 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 Entegris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entegris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entegris' 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.
Entegris '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 Entegris' 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 Entegris.
| 10/25/2023 |
| 12/18/2024 |
If you would invest 0.00 in Entegris on October 25, 2023 and sell it all today you would earn a total of 0.00 from holding Entegris or generate 0.0% return on investment in Entegris over 420 days. Entegris is related to or competes with Wisekey International, and Nano Labs. Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanc... More
Entegris 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 Entegris' 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 Entegris upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (3.96) | |||
| Potential Upside | 3.03 |
Entegris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Entegris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Entegris' standard deviation. In reality, there are many statistical measures that can use Entegris historical prices to predict the future Entegris' volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0076 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Entegris' 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.
Entegris Backtested Returns
Entegris secures Sharpe Ratio (or Efficiency) of -0.0615, which denotes the company had a -0.0615% return per unit of risk over the last 3 months. Entegris exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Entegris' Mean Deviation of 1.9, coefficient of variation of 12152.83, and Downside Deviation of 2.68 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.33, 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, Entegris will likely underperform. At this point, Entegris has a negative expected return of -0.16%. Please make sure to confirm Entegris' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Entegris performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Entegris has very good reverse predictability. Overlapping area represents the amount of predictability between Entegris time series from 25th of October 2023 to 22nd of May 2024 and 22nd of May 2024 to 18th 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 Entegris price movement. The serial correlation of -0.7 indicates that around 70.0% of current Entegris price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 162.85 |
Entegris lagged returns against current returns
Autocorrelation, which is Entegris 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 Entegris' stock expected returns. We can calculate the autocorrelation of Entegris returns to help us make a trade decision. For example, suppose you find that Entegris 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 |
Entegris 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 Entegris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Entegris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Entegris stock over time.
Current vs Lagged Prices |
| Timeline |
Entegris Lagged Returns
When evaluating Entegris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Entegris stock have on its future price. Entegris 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, Entegris autocorrelation shows the relationship between Entegris stock current value and its past values and can show if there is a momentum factor associated with investing in Entegris.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Entegris is a strong investment it is important to analyze Entegris' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Entegris' future performance. For an informed investment choice regarding Entegris Stock, refer to the following important reports:Check out Entegris Correlation, Entegris Volatility and Entegris Alpha and Beta module to complement your research on Entegris. For more detail on how to invest in Entegris Stock please use our How to Invest in Entegris guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Entegris 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.