Cae Inc Stock Market Value
| CAE Stock | USD 23.30 0.40 1.75% |
| Symbol | CAE |
CAE Inc Price To Book Ratio
Is Aerospace & Defense 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 CAE. If investors know CAE 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 CAE 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 (0.1) | Earnings Share (0.77) | Revenue Per Share 13.91 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0279 |
The market value of CAE Inc is measured differently than its book value, which is the value of CAE that is recorded on the company's balance sheet. Investors also form their own opinion of CAE's value that differs from its market value or its book value, called intrinsic value, which is CAE'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 CAE's market value can be influenced by many factors that don't directly affect CAE'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 CAE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAE'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.
CAE '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 CAE'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 CAE.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CAE on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CAE Inc or generate 0.0% return on investment in CAE over 30 days. CAE is related to or competes with AAR Corp, Curtiss Wright, Hexcel, Moog, Mercury Systems, Triumph, and Ducommun Incorporated. CAE Inc., together with its subsidiaries, provides simulation training and critical operations support solutions worldwi... More
CAE 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 CAE'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 CAE Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1362 | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.73 |
CAE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CAE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAE's standard deviation. In reality, there are many statistical measures that can use CAE historical prices to predict the future CAE's volatility.| Risk Adjusted Performance | 0.1591 | |||
| Jensen Alpha | 0.2954 | |||
| Total Risk Alpha | 0.0766 | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | 0.451 |
CAE Inc Backtested Returns
CAE appears to be very steady, given 3 months investment horizon. CAE Inc secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CAE Inc, which you can use to evaluate the volatility of the entity. Please makes use of CAE's coefficient of variation of 501.89, and Mean Deviation of 1.32 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CAE holds a performance score of 17. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. CAE returns are very sensitive to returns on the market. As the market goes up or down, CAE is expected to follow. Please check CAE's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether CAE's price patterns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
CAE Inc has insignificant predictability. Overlapping area represents the amount of predictability between CAE 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 CAE Inc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current CAE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 |
CAE Inc lagged returns against current returns
Autocorrelation, which is CAE 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 CAE's stock expected returns. We can calculate the autocorrelation of CAE returns to help us make a trade decision. For example, suppose you find that CAE 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 |
CAE 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 CAE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAE stock over time.
Current vs Lagged Prices |
| Timeline |
CAE Lagged Returns
When evaluating CAE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAE stock have on its future price. CAE 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, CAE autocorrelation shows the relationship between CAE stock current value and its past values and can show if there is a momentum factor associated with investing in CAE Inc.
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 CAE Inc is a strong investment it is important to analyze CAE'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 CAE's future performance. For an informed investment choice regarding CAE Stock, refer to the following important reports:Check out CAE Correlation, CAE Volatility and CAE Alpha and Beta module to complement your research on CAE. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
CAE 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.