Couchbase Stock Market Value
| BASE Stock | USD 20.64 0.29 1.39% |
| Symbol | Couchbase |
Couchbase Price To Book Ratio
Is Application Software 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 Couchbase. If investors know Couchbase 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 Couchbase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.59) | Revenue Per Share 4.042 | Quarterly Revenue Growth 0.196 | Return On Assets (0.20) | Return On Equity (0.60) |
The market value of Couchbase is measured differently than its book value, which is the value of Couchbase that is recorded on the company's balance sheet. Investors also form their own opinion of Couchbase's value that differs from its market value or its book value, called intrinsic value, which is Couchbase'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 Couchbase's market value can be influenced by many factors that don't directly affect Couchbase'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 Couchbase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Couchbase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Couchbase'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.
Couchbase '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 Couchbase'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 Couchbase.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Couchbase on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Couchbase or generate 0.0% return on investment in Couchbase over 30 days. Couchbase is related to or competes with Evertec, Flywire Corp, I3 Verticals, CSG Systems, EverCommerce, Consensus Cloud, and ACI Worldwide. Couchbase, Inc. provides a database for enterprise applications worldwide More
Couchbase 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 Couchbase'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 Couchbase upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.86 | |||
| Information Ratio | 0.0419 | |||
| Maximum Drawdown | 20.08 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 5.12 |
Couchbase Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Couchbase's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Couchbase's standard deviation. In reality, there are many statistical measures that can use Couchbase historical prices to predict the future Couchbase's volatility.| Risk Adjusted Performance | 0.0702 | |||
| Jensen Alpha | 0.0691 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0359 | |||
| Treynor Ratio | 0.1647 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Couchbase'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.
Couchbase Backtested Returns
Couchbase appears to be not too volatile, given 3 months investment horizon. Couchbase secures Sharpe Ratio (or Efficiency) of 0.0662, which signifies that the company had a 0.0662% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Couchbase, which you can use to evaluate the volatility of the firm. Please makes use of Couchbase's Mean Deviation of 2.32, risk adjusted performance of 0.0702, and Downside Deviation of 3.86 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Couchbase holds a performance score of 5. The firm shows a Beta (market volatility) of 1.57, which signifies 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, Couchbase will likely underperform. Please check Couchbase's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Couchbase's price patterns will revert.
Auto-correlation | 0.84 |
Very good predictability
Couchbase has very good predictability. Overlapping area represents the amount of predictability between Couchbase time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Couchbase price movement. The serial correlation of 0.84 indicates that around 84.0% of current Couchbase price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Couchbase lagged returns against current returns
Autocorrelation, which is Couchbase 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 Couchbase's stock expected returns. We can calculate the autocorrelation of Couchbase returns to help us make a trade decision. For example, suppose you find that Couchbase 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 |
Couchbase 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 Couchbase stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Couchbase stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Couchbase stock over time.
Current vs Lagged Prices |
| Timeline |
Couchbase Lagged Returns
When evaluating Couchbase's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Couchbase stock have on its future price. Couchbase 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, Couchbase autocorrelation shows the relationship between Couchbase stock current value and its past values and can show if there is a momentum factor associated with investing in Couchbase.
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.When determining whether Couchbase is a strong investment it is important to analyze Couchbase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Couchbase's future performance. For an informed investment choice regarding Couchbase Stock, refer to the following important reports:Check out Couchbase Correlation, Couchbase Volatility and Couchbase Alpha and Beta module to complement your research on Couchbase. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Couchbase 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.