Graftech Stock Market Value

EAF
 Stock
  

USD 6.82  0.14  2.01%   

Graftech International's market value is the price at which a share of Graftech International stock trades on a public exchange. It measures the collective expectations of Graftech International investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Graftech International and determine expected loss or profit from investing in Graftech International over a given investment horizon. Continue to Graftech International Hype Analysis, Graftech International Correlation, Graftech International Valuation, Graftech International Volatility, as well as analyze Graftech International Alpha and Beta and Graftech International Performance.
Symbol


Is Graftech International's industry 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 Graftech International. If investors know Graftech 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 Graftech International 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 YOY
3.18
Market Capitalization
1.8 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.3
Return On Equity
0.54
The market value of Graftech International is measured differently than its book value, which is the value of Graftech that is recorded on the company's balance sheet. Investors also form their own opinion of Graftech International's value that differs from its market value or its book value, called intrinsic value, which is Graftech International'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 Graftech International's market value can be influenced by many factors that don't directly affect Graftech International'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 Graftech International's value and its price as these two are different measures arrived at by different means. Investors typically determine Graftech International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Graftech International'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.

Graftech International '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 Graftech International'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 Graftech International.
0.00
07/09/2022
No Change 0.00  0.0 
In 31 days
08/08/2022
0.00
If you would invest  0.00  in Graftech International on July 9, 2022 and sell it all today you would earn a total of 0.00 from holding Graftech International or generate 0.0% return on investment in Graftech International over 30 days. Graftech International is related to or competes with ATT, Walmart, EnerSys, JP Morgan, Home Depot, Starbucks Corp, and Coca Cola. GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwideMore

Graftech International 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 Graftech International'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 Graftech International upside and downside potential and time the market with a certain degree of confidence.

Graftech International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Graftech International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Graftech International's standard deviation. In reality, there are many statistical measures that can use Graftech International historical prices to predict the future Graftech International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Graftech International'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. Please use the tools below to analyze the current value of Graftech International in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.006.989.96
Details
Intrinsic
Valuation
LowReal ValueHigh
5.808.7811.76
Details
Naive
Forecast
LowNext ValueHigh
3.616.599.58
Details
2 Analysts
Consensus
LowTarget PriceHigh
15.0015.5016.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Graftech International. Your research has to be compared to or analyzed against Graftech International's peers to derive any actionable benefits. When done correctly, Graftech International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Graftech International.

Graftech International Backtested Returns

Graftech International holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had -0.1% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Graftech International exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Graftech International risk adjusted performance of (0.16), and Market Risk Adjusted Performance of (0.27) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.3959, which attests to a somewhat significant risk relative to the market. Let's try to break down what Graftech's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Graftech International will likely underperform. Even though it is essential to pay attention to Graftech International current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Graftech International exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Graftech International has an expected return of -0.3%. Please be advised to check out Graftech International information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha to decide if Graftech International performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.35  

Poor reverse predictability

Graftech International has poor reverse predictability. Overlapping area represents the amount of predictability between Graftech International time series from 9th of July 2022 to 24th of July 2022 and 24th of July 2022 to 8th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Graftech International price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Graftech International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.35
Spearman Rank Test0.41
Residual Average0.0
Price Variance0.08

Graftech International lagged returns against current returns

Autocorrelation, which is Graftech International 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 Graftech International's stock expected returns. We can calculate the autocorrelation of Graftech International returns to help us make a trade decision. For example, suppose you find that Graftech International stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Graftech International 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 Graftech International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Graftech International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Graftech International stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Graftech International Lagged Returns

When evaluating Graftech International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Graftech International stock have on its future price. Graftech International 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, Graftech International autocorrelation shows the relationship between Graftech International stock current value and its past values and can show if there is a momentum factor associated with investing in Graftech International.
   Regressed Prices   
Share
       Timeline  

Graftech International Investors Sentiment

The influence of Graftech International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Graftech. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Graftech International's public news can be used to forecast risks associated with investment in Graftech. The trend in average sentiment can be used to explain how an investor holding Graftech can time the market purely based on public headlines and social activities around Graftech International. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Graftech International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Graftech International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Graftech International's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Graftech International.

Graftech International Implied Volatility

    
  24.65  
Graftech International's implied volatility exposes the market's sentiment of Graftech International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Graftech International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Graftech International stock will not fluctuate a lot when Graftech International's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Graftech International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Graftech International's short interest history, or implied volatility extrapolated from Graftech International options trading.

Pair Trading with Graftech International

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 Graftech International 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 Graftech International will appreciate offsetting losses from the drop in the long position's value.

Moving against Graftech International

0.6ACFNAcorn Energy Earnings Call  This WeekPairCorr
0.53ACTGAcacia Res-Acacia Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Graftech International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graftech International 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 Graftech International - 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 Graftech International to buy it.
The correlation of Graftech International is a statistical measure of how it moves in relation to other equities. 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 Graftech International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graftech International 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 Graftech International 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.
Pair CorrelationCorrelation Matching
Continue to Graftech International Hype Analysis, Graftech International Correlation, Graftech International Valuation, Graftech International Volatility, as well as analyze Graftech International Alpha and Beta and Graftech International Performance. Note that the Graftech International information on this page should be used as a complementary analysis to other Graftech International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Graftech International price analysis, check to measure Graftech International'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 Graftech International is operating at the current time. Most of Graftech International's value examination focuses on studying past and present price action to predict the probability of Graftech International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Graftech International's price. Additionally, you may evaluate how the addition of Graftech International to your portfolios can decrease your overall portfolio volatility.
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Graftech International 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.
A focus of Graftech International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Graftech International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...