Fiverr International Stock Market Value
| FVRR Stock | USD 32.83 0.26 0.79% |
| Symbol | Fiverr |
Fiverr International Price To Book Ratio
Is Human Resource & Employment 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 Fiverr International. If investors know Fiverr 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 Fiverr International 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 (0.46) | Earnings Share 0.26 | Revenue Per Share 10.012 | Quarterly Revenue Growth 0.077 | Return On Assets (0.01) |
The market value of Fiverr International is measured differently than its book value, which is the value of Fiverr that is recorded on the company's balance sheet. Investors also form their own opinion of Fiverr International's value that differs from its market value or its book value, called intrinsic value, which is Fiverr International'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 Fiverr International's market value can be influenced by many factors that don't directly affect Fiverr International'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 Fiverr International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fiverr International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fiverr International'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.
Fiverr International '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 Fiverr International'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 Fiverr International.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Fiverr International on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Fiverr International or generate 0.0% return on investment in Fiverr International over 720 days. Fiverr International is related to or competes with Snap, Twilio, Spotify Technology, Baidu, Pinterest, Alphabet, and Meta Platforms. Fiverr International Ltd. operates an online marketplace worldwide More
Fiverr International 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 Fiverr International'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 Fiverr International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0718 | |||
| Maximum Drawdown | 23.04 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 4.93 |
Fiverr International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fiverr International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fiverr International's standard deviation. In reality, there are many statistical measures that can use Fiverr International historical prices to predict the future Fiverr International's volatility.| Risk Adjusted Performance | 0.0911 | |||
| Jensen Alpha | 0.2222 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.089 | |||
| Treynor Ratio | 0.2981 |
Fiverr International Backtested Returns
Fiverr International appears to be very steady, given 3 months investment horizon. Fiverr International secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. By reviewing Fiverr International's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Fiverr International's Mean Deviation of 2.45, downside deviation of 2.84, and Coefficient Of Variation of 917.7 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fiverr International holds a performance score of 11. The firm shows a Beta (market volatility) of 1.25, 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, Fiverr International will likely underperform. Please check Fiverr International's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Fiverr International's price patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Fiverr International has very weak reverse predictability. Overlapping area represents the amount of predictability between Fiverr International time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Fiverr International price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Fiverr International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 7.75 |
Fiverr International lagged returns against current returns
Autocorrelation, which is Fiverr International 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 Fiverr International's stock expected returns. We can calculate the autocorrelation of Fiverr International returns to help us make a trade decision. For example, suppose you find that Fiverr International 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 |
Fiverr International 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 Fiverr International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fiverr International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fiverr International stock over time.
Current vs Lagged Prices |
| Timeline |
Fiverr International Lagged Returns
When evaluating Fiverr International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fiverr International stock have on its future price. Fiverr International 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, Fiverr International autocorrelation shows the relationship between Fiverr International stock current value and its past values and can show if there is a momentum factor associated with investing in Fiverr International.
Regressed Prices |
| Timeline |
Pair Trading with Fiverr International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fiverr International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fiverr International will appreciate offsetting losses from the drop in the long position's value.Moving together with Fiverr Stock
Moving against Fiverr Stock
| 0.81 | MG | Mistras Group | PairCorr |
| 0.65 | EXPO | Exponent | PairCorr |
| 0.63 | VCIG | VCI Global Limited Trending | PairCorr |
| 0.56 | FC | Franklin Covey | PairCorr |
| 0.42 | FA | First Advantage Corp | PairCorr |
The ability to find closely correlated positions to Fiverr International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiverr International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fiverr International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fiverr International to buy it.
The correlation of Fiverr International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fiverr International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiverr International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fiverr International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Fiverr Stock Analysis
When running Fiverr International's price analysis, check to measure Fiverr International'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 Fiverr International is operating at the current time. Most of Fiverr International's value examination focuses on studying past and present price action to predict the probability of Fiverr International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fiverr International's price. Additionally, you may evaluate how the addition of Fiverr International to your portfolios can decrease your overall portfolio volatility.