Columbus Mckinnon Stock Statistic Functions Beta

CMCO Stock  USD 39.99  1.46  3.79%   
Columbus McKinnon statistic functions tool provides the execution environment for running the Beta function and other technical functions against Columbus McKinnon. Columbus McKinnon value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Columbus McKinnon statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Columbus McKinnon correlated with the market. If Beta is less than 0 Columbus McKinnon generally moves in the opposite direction as compared to the market. If Columbus McKinnon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Columbus McKinnon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Columbus McKinnon is generally in the same direction as the market. If Beta > 1 Columbus McKinnon moves generally in the same direction as, but more than the movement of the benchmark.

Columbus McKinnon Technical Analysis Modules

Most technical analysis of Columbus McKinnon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Columbus from various momentum indicators to cycle indicators. When you analyze Columbus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Columbus McKinnon Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Columbus McKinnon. We use our internally-developed statistical techniques to arrive at the intrinsic value of Columbus McKinnon based on widely used predictive technical indicators. In general, we focus on analyzing Columbus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Columbus McKinnon's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Columbus McKinnon's intrinsic value. In addition to deriving basic predictive indicators for Columbus McKinnon, we also check how macroeconomic factors affect Columbus McKinnon price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0055190.0075350.0064970.0127
Price To Sales Ratio1.311.141.221.28
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Columbus McKinnon'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.
Hype
Prediction
LowEstimatedHigh
36.2138.5540.89
Details
Intrinsic
Valuation
LowRealHigh
34.6841.1143.45
Details
Naive
Forecast
LowNextHigh
34.0636.4038.74
Details
5 Analysts
Consensus
LowTargetHigh
45.7350.2555.78
Details

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When determining whether Columbus McKinnon offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbus McKinnon's 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 Columbus Mckinnon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbus Mckinnon Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbus McKinnon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Industrial Machinery & Supplies & 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 Columbus McKinnon. If investors know Columbus 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 Columbus McKinnon 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
(0.07)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
34.771
Quarterly Revenue Growth
(0.06)
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon'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 Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon'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 Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon'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.