Ttm Technologies Stock Market Value
| TTMI Stock | USD 21.83 0.66 3.12% |
| Symbol | TTM |
TTM Technologies 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 TTM Technologies. If investors know TTM 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 TTM Technologies 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 (0.70) | Earnings Share 0.54 | Revenue Per Share | Quarterly Revenue Growth 0.144 | Return On Assets |
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' 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 TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' 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 TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if TTM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' 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.
TTM Technologies '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 TTM Technologies' 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 TTM Technologies.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in TTM Technologies on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding TTM Technologies or generate 0.0% return on investment in TTM Technologies over 90 days. TTM Technologies is related to or competes with Sanmina, Benchmark Electronics, Methode Electronics, OSI Systems, Celestica, Plexus Corp, and CTS. TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards wo... More
TTM Technologies 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 TTM Technologies' 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 TTM Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.72 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 3.33 |
TTM Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TTM Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TTM Technologies' standard deviation. In reality, there are many statistical measures that can use TTM Technologies historical prices to predict the future TTM Technologies' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.1789 | |||
| Treynor Ratio | (0.25) |
TTM Technologies Backtested Returns
TTM Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of standard deviation over the last 3 months. TTM Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TTM Technologies' variance of 5.65, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. TTM Technologies returns are very sensitive to returns on the market. As the market goes up or down, TTM Technologies is expected to follow. At this point, TTM Technologies has a negative expected return of -0.3%. Please make sure to validate TTM Technologies' jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if TTM Technologies performance from the past will be repeated at some future point.
Auto-correlation | -0.11 |
Insignificant reverse predictability
TTM Technologies has insignificant reverse predictability. Overlapping area represents the amount of predictability between TTM Technologies time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TTM Technologies price movement. The serial correlation of -0.11 indicates that less than 11.0% of current TTM Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.86 |
TTM Technologies lagged returns against current returns
Autocorrelation, which is TTM Technologies 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 TTM Technologies' stock expected returns. We can calculate the autocorrelation of TTM Technologies returns to help us make a trade decision. For example, suppose you find that TTM Technologies 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 |
TTM Technologies 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 TTM Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TTM Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TTM Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
TTM Technologies Lagged Returns
When evaluating TTM Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TTM Technologies stock have on its future price. TTM Technologies 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, TTM Technologies autocorrelation shows the relationship between TTM Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in TTM Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether TTM Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TTM Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ttm Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ttm Technologies Stock:Check out TTM Technologies Correlation, TTM Technologies Volatility and TTM Technologies Alpha and Beta module to complement your research on TTM Technologies. For more detail on how to invest in TTM Stock please use our How to Invest in TTM Technologies guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
TTM Technologies 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.