Globalfoundries Stock Market Value
| GFS Stock | USD 43.88 0.10 0.23% |
| Symbol | Globalfoundries |
Globalfoundries 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 Globalfoundries. If investors know Globalfoundries 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 Globalfoundries 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 (0.29) | Earnings Share 1.32 | Revenue Per Share 12.238 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0287 |
The market value of Globalfoundries is measured differently than its book value, which is the value of Globalfoundries that is recorded on the company's balance sheet. Investors also form their own opinion of Globalfoundries' value that differs from its market value or its book value, called intrinsic value, which is Globalfoundries' 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 Globalfoundries' market value can be influenced by many factors that don't directly affect Globalfoundries' 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 Globalfoundries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Globalfoundries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globalfoundries' 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.
Globalfoundries '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 Globalfoundries' 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 Globalfoundries.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Globalfoundries on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Globalfoundries or generate 0.0% return on investment in Globalfoundries over 30 days. Globalfoundries is related to or competes with Wisekey International, Nano Labs, and SemiLEDS. GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide More
Globalfoundries 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 Globalfoundries' 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 Globalfoundries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.029 | |||
| Maximum Drawdown | 18.3 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.7 |
Globalfoundries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Globalfoundries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Globalfoundries' standard deviation. In reality, there are many statistical measures that can use Globalfoundries historical prices to predict the future Globalfoundries' volatility.| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.072 |
Globalfoundries Backtested Returns
Globalfoundries appears to be very steady, given 3 months investment horizon. Globalfoundries holds Efficiency (Sharpe) Ratio of 0.0681, which attests that the entity had a 0.0681% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Globalfoundries, which you can use to evaluate the volatility of the firm. Please utilize Globalfoundries' Market Risk Adjusted Performance of 0.082, downside deviation of 2.4, and Risk Adjusted Performance of 0.0508 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Globalfoundries holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 2.58, which attests to 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, Globalfoundries will likely underperform. Please check Globalfoundries' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Globalfoundries' current trending patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Globalfoundries has very good reverse predictability. Overlapping area represents the amount of predictability between Globalfoundries time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Globalfoundries price movement. The serial correlation of -0.66 indicates that around 66.0% of current Globalfoundries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Globalfoundries lagged returns against current returns
Autocorrelation, which is Globalfoundries 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 Globalfoundries' stock expected returns. We can calculate the autocorrelation of Globalfoundries returns to help us make a trade decision. For example, suppose you find that Globalfoundries 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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Globalfoundries 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 Globalfoundries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Globalfoundries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Globalfoundries stock over time.
Current vs Lagged Prices |
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Globalfoundries Lagged Returns
When evaluating Globalfoundries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Globalfoundries stock have on its future price. Globalfoundries 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, Globalfoundries autocorrelation shows the relationship between Globalfoundries stock current value and its past values and can show if there is a momentum factor associated with investing in Globalfoundries.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Globalfoundries Stock Analysis
When running Globalfoundries' price analysis, check to measure Globalfoundries' 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 Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.