Mobileye Global Class Stock Market Value
| MBLY Stock | USD 18.03 0.11 0.61% |
| Symbol | Mobileye |
Mobileye Global Class Price To Book Ratio
Is Automotive Parts & 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 Mobileye Global. If investors know Mobileye 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 Mobileye Global 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 0.997 | Earnings Share (3.66) | Revenue Per Share 2.229 | Quarterly Revenue Growth (0.08) | Return On Assets (0.02) |
The market value of Mobileye Global Class is measured differently than its book value, which is the value of Mobileye that is recorded on the company's balance sheet. Investors also form their own opinion of Mobileye Global's value that differs from its market value or its book value, called intrinsic value, which is Mobileye Global'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 Mobileye Global's market value can be influenced by many factors that don't directly affect Mobileye Global'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 Mobileye Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mobileye Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mobileye Global'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.
Mobileye Global '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 Mobileye Global'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 Mobileye Global.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Mobileye Global on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Mobileye Global Class or generate 0.0% return on investment in Mobileye Global over 720 days. Mobileye Global is related to or competes with Quantumscape Corp, Innoviz Technologies, Aeva Technologies, Hyliion Holdings, Luminar Technologies, Hesai Group, and Aeye. Mobileye Global Inc. engages in the development and deployment of advanced driver assistance systems and autonomous driv... More
Mobileye Global 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 Mobileye Global'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 Mobileye Global Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.49 | |||
| Information Ratio | 0.0712 | |||
| Maximum Drawdown | 25.5 | |||
| Value At Risk | (7.27) | |||
| Potential Upside | 10.51 |
Mobileye Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobileye Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobileye Global's standard deviation. In reality, there are many statistical measures that can use Mobileye Global historical prices to predict the future Mobileye Global's volatility.| Risk Adjusted Performance | 0.0823 | |||
| Jensen Alpha | 0.1634 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0819 | |||
| Treynor Ratio | 0.1811 |
Mobileye Global Class Backtested Returns
Mobileye Global appears to be not too volatile, given 3 months investment horizon. Mobileye Global Class has Sharpe Ratio of 0.096, which conveys that the firm had a 0.096% return per unit of risk over the last 3 months. By analyzing Mobileye Global's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Mobileye Global's Risk Adjusted Performance of 0.0823, mean deviation of 3.91, and Downside Deviation of 4.49 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mobileye Global holds a performance score of 7. The company secures a Beta (Market Risk) of 2.69, which conveys 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, Mobileye Global will likely underperform. Please check Mobileye Global's potential upside, and the relationship between the jensen alpha and accumulation distribution , to make a quick decision on whether Mobileye Global's current price movements will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
Mobileye Global Class has very weak reverse predictability. Overlapping area represents the amount of predictability between Mobileye Global time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Mobileye Global Class price movement. The serial correlation of -0.03 indicates that only 3.0% of current Mobileye Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 74.06 |
Mobileye Global Class lagged returns against current returns
Autocorrelation, which is Mobileye Global 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 Mobileye Global's stock expected returns. We can calculate the autocorrelation of Mobileye Global returns to help us make a trade decision. For example, suppose you find that Mobileye Global 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 |
Mobileye Global 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 Mobileye Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobileye Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobileye Global stock over time.
Current vs Lagged Prices |
| Timeline |
Mobileye Global Lagged Returns
When evaluating Mobileye Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobileye Global stock have on its future price. Mobileye Global 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, Mobileye Global autocorrelation shows the relationship between Mobileye Global stock current value and its past values and can show if there is a momentum factor associated with investing in Mobileye Global Class.
Regressed Prices |
| Timeline |
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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 Mobileye Stock Analysis
When running Mobileye Global's price analysis, check to measure Mobileye Global'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 Mobileye Global is operating at the current time. Most of Mobileye Global's value examination focuses on studying past and present price action to predict the probability of Mobileye Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mobileye Global's price. Additionally, you may evaluate how the addition of Mobileye Global to your portfolios can decrease your overall portfolio volatility.