Xperi Corp Stock Market Value
| XPER Stock | USD 10.29 0.08 0.78% |
| Symbol | Xperi |
Xperi Corp 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 Xperi Corp. If investors know Xperi 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 Xperi Corp 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 3.8 | Earnings Share (1.90) | Revenue Per Share 11.348 | Quarterly Revenue Growth 0.019 | Return On Assets (0.1) |
The market value of Xperi Corp is measured differently than its book value, which is the value of Xperi that is recorded on the company's balance sheet. Investors also form their own opinion of Xperi Corp's value that differs from its market value or its book value, called intrinsic value, which is Xperi Corp'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 Xperi Corp's market value can be influenced by many factors that don't directly affect Xperi Corp'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 Xperi Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xperi Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xperi Corp'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.
Xperi Corp '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 Xperi Corp'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 Xperi Corp.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in Xperi Corp on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Xperi Corp or generate 0.0% return on investment in Xperi Corp over 180 days. Xperi Corp is related to or competes with Enfusion, Alkami Technology, Clearwater Analytics, Expensify, ON24, Sprinklr, and Paycor HCM. Xperi Inc. provides software and services in the United States More
Xperi Corp 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 Xperi Corp'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 Xperi Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.99 | |||
| Information Ratio | 0.0787 | |||
| Maximum Drawdown | 17.48 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.1 |
Xperi Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Xperi Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Xperi Corp's standard deviation. In reality, there are many statistical measures that can use Xperi Corp historical prices to predict the future Xperi Corp's volatility.| Risk Adjusted Performance | 0.0831 | |||
| Jensen Alpha | 0.2052 | |||
| Total Risk Alpha | 0.1308 | |||
| Sortino Ratio | 0.0717 | |||
| Treynor Ratio | 0.1966 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Xperi Corp's 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.
Xperi Corp Backtested Returns
Xperi Corp appears to be not too volatile, given 3 months investment horizon. Xperi Corp shows Sharpe Ratio of 0.0822, which attests that the company had a 0.0822% return per unit of risk over the last 3 months. We have found thirty technical indicators for Xperi Corp, which you can use to evaluate the volatility of the company. Please utilize Xperi Corp's Mean Deviation of 1.93, downside deviation of 2.99, and Market Risk Adjusted Performance of 0.2066 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Xperi Corp holds a performance score of 6. The firm maintains a market beta of 1.27, 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, Xperi Corp will likely underperform. Please check Xperi Corp's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Xperi Corp's historical returns will revert.
Auto-correlation | 0.40 |
Average predictability
Xperi Corp has average predictability. Overlapping area represents the amount of predictability between Xperi Corp time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 Xperi Corp price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Xperi Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Xperi Corp lagged returns against current returns
Autocorrelation, which is Xperi Corp 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 Xperi Corp's stock expected returns. We can calculate the autocorrelation of Xperi Corp returns to help us make a trade decision. For example, suppose you find that Xperi Corp 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 |
Xperi Corp 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 Xperi Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Xperi Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Xperi Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Xperi Corp Lagged Returns
When evaluating Xperi Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Xperi Corp stock have on its future price. Xperi Corp 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, Xperi Corp autocorrelation shows the relationship between Xperi Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Xperi Corp.
Regressed Prices |
| Timeline |
Pair Trading with Xperi Corp
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 Xperi Corp 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 Xperi Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Xperi Stock
| 0.58 | PI | Impinj Inc | PairCorr |
| 0.52 | AMD | Advanced Micro Devices Aggressive Push | PairCorr |
| 0.33 | FTCI | FTC Solar Upward Rally | PairCorr |
The ability to find closely correlated positions to Xperi Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xperi Corp 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 Xperi Corp - 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 Xperi Corp to buy it.
The correlation of Xperi Corp 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 Xperi Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xperi Corp 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 Xperi Corp 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 Xperi Stock Analysis
When running Xperi Corp's price analysis, check to measure Xperi Corp'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 Xperi Corp is operating at the current time. Most of Xperi Corp's value examination focuses on studying past and present price action to predict the probability of Xperi Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xperi Corp's price. Additionally, you may evaluate how the addition of Xperi Corp to your portfolios can decrease your overall portfolio volatility.