Corporacion America Airports Stock Market Value
| CAAP Stock | USD 18.75 0.76 4.22% |
| Symbol | Corporacion |
Corporacion America Price To Book Ratio
Is Transportation Infrastructure 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 Corporacion America. If investors know Corporacion 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 Corporacion America 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 (0.28) | Earnings Share 2.22 | Revenue Per Share 9.188 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0663 |
The market value of Corporacion America is measured differently than its book value, which is the value of Corporacion that is recorded on the company's balance sheet. Investors also form their own opinion of Corporacion America's value that differs from its market value or its book value, called intrinsic value, which is Corporacion America'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 Corporacion America's market value can be influenced by many factors that don't directly affect Corporacion America'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 Corporacion America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corporacion America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corporacion America'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.
Corporacion America '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 Corporacion America'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 Corporacion America.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Corporacion America on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Corporacion America Airports or generate 0.0% return on investment in Corporacion America over 720 days. Corporacion America is related to or competes with Grupo Aeroportuario, Grupo Aeroportuario, AerSale Corp, Flughafen Zürich, Grupo Aeroportuario, Aeroports, and Airports. Corporacin Amrica Airports S.A., through its subsidiaries, acquires, develops, and operates airport concessions More
Corporacion America 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 Corporacion America'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 Corporacion America Airports upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0488 | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 4.29 |
Corporacion America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corporacion America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corporacion America's standard deviation. In reality, there are many statistical measures that can use Corporacion America historical prices to predict the future Corporacion America's volatility.| Risk Adjusted Performance | 0.0785 | |||
| Jensen Alpha | 0.1729 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0508 | |||
| Treynor Ratio | 0.4839 |
Corporacion America Backtested Returns
Corporacion America appears to be not too volatile, given 3 months investment horizon. Corporacion America secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Corporacion America Airports, which you can use to evaluate the volatility of the firm. Please makes use of Corporacion America's Risk Adjusted Performance of 0.0785, mean deviation of 1.81, and Downside Deviation of 2.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Corporacion America holds a performance score of 11. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Corporacion America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Corporacion America is expected to be smaller as well. Please check Corporacion America's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Corporacion America's price patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
Corporacion America Airports has poor predictability. Overlapping area represents the amount of predictability between Corporacion America time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Corporacion America price movement. The serial correlation of 0.25 indicates that over 25.0% of current Corporacion America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.83 |
Corporacion America lagged returns against current returns
Autocorrelation, which is Corporacion America 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 Corporacion America's stock expected returns. We can calculate the autocorrelation of Corporacion America returns to help us make a trade decision. For example, suppose you find that Corporacion America 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 |
Corporacion America 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 Corporacion America stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corporacion America stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corporacion America stock over time.
Current vs Lagged Prices |
| Timeline |
Corporacion America Lagged Returns
When evaluating Corporacion America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corporacion America stock have on its future price. Corporacion America 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, Corporacion America autocorrelation shows the relationship between Corporacion America stock current value and its past values and can show if there is a momentum factor associated with investing in Corporacion America Airports.
Regressed Prices |
| Timeline |
Pair Trading with Corporacion America
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 Corporacion America 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 Corporacion America will appreciate offsetting losses from the drop in the long position's value.Moving against Corporacion Stock
| 0.82 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.73 | SOAR | Volato Group Symbol Change | PairCorr |
| 0.55 | CP | Canadian Pacific Railway | PairCorr |
The ability to find closely correlated positions to Corporacion America could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corporacion America 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 Corporacion America - 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 Corporacion America Airports to buy it.
The correlation of Corporacion America is a statistical measure of how it moves in relation to other instruments. 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 Corporacion America moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corporacion America 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 Corporacion America 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.Additional Tools for Corporacion Stock Analysis
When running Corporacion America's price analysis, check to measure Corporacion America'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 Corporacion America is operating at the current time. Most of Corporacion America's value examination focuses on studying past and present price action to predict the probability of Corporacion America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corporacion America's price. Additionally, you may evaluate how the addition of Corporacion America to your portfolios can decrease your overall portfolio volatility.