Infinera Stock Market Value
| INFN Stock | USD 6.61 0.01 0.15% |
| Symbol | Infinera |
Infinera Price To Book Ratio
Is Communications 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 Infinera. If investors know Infinera 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 Infinera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 6.254 | Quarterly Revenue Growth (0.1) | Return On Assets (0.02) | Return On Equity (0.71) |
The market value of Infinera is measured differently than its book value, which is the value of Infinera that is recorded on the company's balance sheet. Investors also form their own opinion of Infinera's value that differs from its market value or its book value, called intrinsic value, which is Infinera'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 Infinera's market value can be influenced by many factors that don't directly affect Infinera'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 Infinera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Infinera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Infinera'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.
Infinera '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 Infinera'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 Infinera.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Infinera on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Infinera or generate 0.0% return on investment in Infinera over 720 days. Infinera is related to or competes with Hewlett Packard, Juniper Networks, Motorola Solutions, Cisco Systems, Viavi Solutions, Applied Opt, and Lumentum Holdings. Infinera Corporation provides optical transport networking equipment, software, and services worldwide More
Infinera 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 Infinera'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 Infinera upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6439 | |||
| Information Ratio | 0.0012 | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.98 |
Infinera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infinera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infinera's standard deviation. In reality, there are many statistical measures that can use Infinera historical prices to predict the future Infinera's volatility.| Risk Adjusted Performance | 0.1123 | |||
| Jensen Alpha | 0.1001 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | 0.5739 |
Infinera Backtested Returns
As of now, Infinera Stock is not too volatile. Infinera holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Infinera, which you can use to evaluate the volatility of the firm. Please check out Infinera's Downside Deviation of 0.6439, market risk adjusted performance of 0.5839, and Risk Adjusted Performance of 0.1123 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Infinera has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Infinera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Infinera is expected to be smaller as well. Infinera right now retains a risk of 0.89%. Please check out Infinera jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to decide if Infinera will be following its current trending patterns.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Infinera has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Infinera 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 Infinera price movement. The serial correlation of -0.78 indicates that around 78.0% of current Infinera price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Infinera lagged returns against current returns
Autocorrelation, which is Infinera 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 Infinera's stock expected returns. We can calculate the autocorrelation of Infinera returns to help us make a trade decision. For example, suppose you find that Infinera 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 |
Infinera 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 Infinera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infinera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infinera stock over time.
Current vs Lagged Prices |
| Timeline |
Infinera Lagged Returns
When evaluating Infinera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infinera stock have on its future price. Infinera 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, Infinera autocorrelation shows the relationship between Infinera stock current value and its past values and can show if there is a momentum factor associated with investing in Infinera.
Regressed Prices |
| Timeline |
Pair Trading with Infinera
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 Infinera 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 Infinera will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Infinera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Infinera 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 Infinera - 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 Infinera to buy it.
The correlation of Infinera 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 Infinera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Infinera 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 Infinera 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.Check out Infinera Correlation, Infinera Volatility and Infinera Alpha and Beta module to complement your research on Infinera. To learn how to invest in Infinera Stock, please use our How to Invest in Infinera guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Infinera 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.