Agrify Corp Stock Market Value
| AGFY Stock | USD 54.55 8.16 13.01% |
| Symbol | Agrify |
Agrify Corp Price To Book Ratio
Is Agricultural & Farm Machinery 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 Agrify Corp. If investors know Agrify 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 Agrify Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 21.044 | Quarterly Revenue Growth (0.41) | Return On Assets (0.18) | Return On Equity (18.32) |
The market value of Agrify Corp is measured differently than its book value, which is the value of Agrify that is recorded on the company's balance sheet. Investors also form their own opinion of Agrify Corp's value that differs from its market value or its book value, called intrinsic value, which is Agrify 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 Agrify Corp's market value can be influenced by many factors that don't directly affect Agrify 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 Agrify Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agrify Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agrify 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.
Agrify 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 Agrify 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 Agrify Corp.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Agrify Corp on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Agrify Corp or generate 0.0% return on investment in Agrify Corp over 30 days. Agrify Corp is related to or competes with MYR, Granite Construction, Construction Partners, Great Lakes, KBR, Matrix Service, and Tutor Perini. Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and he... More
Agrify 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 Agrify 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 Agrify Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.1 | |||
| Information Ratio | 0.3067 | |||
| Maximum Drawdown | 80.98 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 36.89 |
Agrify Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agrify Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agrify Corp's standard deviation. In reality, there are many statistical measures that can use Agrify Corp historical prices to predict the future Agrify Corp's volatility.| Risk Adjusted Performance | 0.2504 | |||
| Jensen Alpha | 5.08 | |||
| Total Risk Alpha | 2.68 | |||
| Sortino Ratio | 0.7109 | |||
| Treynor Ratio | 7.15 |
Agrify Corp Backtested Returns
Agrify Corp is slightly risky given 3 months investment horizon. Agrify Corp secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 5.55% are justified by taking the suggested risk. Use Agrify Corp Downside Deviation of 7.1, mean deviation of 11.14, and Risk Adjusted Performance of 0.2504 to evaluate company specific risk that cannot be diversified away. Agrify Corp holds a performance score of 26 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Agrify Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Agrify Corp is expected to be smaller as well. Use Agrify Corp expected short fall, and the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Agrify Corp.
Auto-correlation | 0.73 |
Good predictability
Agrify Corp has good predictability. Overlapping area represents the amount of predictability between Agrify Corp time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Agrify Corp price movement. The serial correlation of 0.73 indicates that around 73.0% of current Agrify Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 278.18 |
Agrify Corp lagged returns against current returns
Autocorrelation, which is Agrify 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 Agrify Corp's stock expected returns. We can calculate the autocorrelation of Agrify Corp returns to help us make a trade decision. For example, suppose you find that Agrify 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 |
Agrify 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 Agrify Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agrify Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agrify Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Agrify Corp Lagged Returns
When evaluating Agrify Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agrify Corp stock have on its future price. Agrify 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, Agrify Corp autocorrelation shows the relationship between Agrify Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Agrify Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Agrify Stock Analysis
When running Agrify Corp's price analysis, check to measure Agrify 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 Agrify Corp is operating at the current time. Most of Agrify Corp's value examination focuses on studying past and present price action to predict the probability of Agrify 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 Agrify Corp's price. Additionally, you may evaluate how the addition of Agrify Corp to your portfolios can decrease your overall portfolio volatility.