Caleres Stock Market Value
| CAL Stock | USD 31.63 1.88 6.32% |
| Symbol | Continental |
Continental Price To Book Ratio
Is Specialty Retail 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 Continental. If investors know Continental 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 Continental 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 (0.10) | Dividend Share 0.28 | Earnings Share 4.62 | Revenue Per Share 82.667 | Quarterly Revenue Growth (0.02) |
The market value of Continental is measured differently than its book value, which is the value of Continental that is recorded on the company's balance sheet. Investors also form their own opinion of Continental's value that differs from its market value or its book value, called intrinsic value, which is Continental'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 Continental's market value can be influenced by many factors that don't directly affect Continental'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 Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Continental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Continental'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.
Continental '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 Continental'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 Continental.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Continental on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Caleres or generate 0.0% return on investment in Continental over 30 days. Continental is related to or competes with Vera Bradley, Wolverine World, Rocky Brands, Steven Madden, Weyco, and Designer Brands. Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam More
Continental 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 Continental'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 Caleres upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 23.04 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.2 |
Continental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Continental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Continental's standard deviation. In reality, there are many statistical measures that can use Continental historical prices to predict the future Continental's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 1.8 |
Continental Backtested Returns
Continental secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Caleres exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Continental's Risk Adjusted Performance of (0.09), standard deviation of 3.35, and Mean Deviation of 2.04 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Continental are expected to decrease at a much lower rate. During the bear market, Continental is likely to outperform the market. At this point, Continental has a negative expected return of -0.54%. Please make sure to confirm Continental's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Continental performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Caleres has good predictability. Overlapping area represents the amount of predictability between Continental time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 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 Continental price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Continental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Continental lagged returns against current returns
Autocorrelation, which is Continental 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 Continental's stock expected returns. We can calculate the autocorrelation of Continental returns to help us make a trade decision. For example, suppose you find that Continental 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 |
Continental 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 Continental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Continental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Continental stock over time.
Current vs Lagged Prices |
| Timeline |
Continental Lagged Returns
When evaluating Continental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Continental stock have on its future price. Continental 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, Continental autocorrelation shows the relationship between Continental stock current value and its past values and can show if there is a momentum factor associated with investing in Caleres.
Regressed Prices |
| Timeline |
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Continental 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.