Cass Information Systems Stock Market Value
| CASS Stock | USD 44.30 0.40 0.91% |
| Symbol | Cass |
Cass Information Systems Price To Book Ratio
Is Data Processing & Outsourced Services 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 Cass Information. If investors know Cass 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 Cass Information 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 (0.61) | Dividend Share 1.2 | Earnings Share 1.66 | Revenue Per Share 16.286 | Quarterly Revenue Growth 0.029 |
The market value of Cass Information Systems is measured differently than its book value, which is the value of Cass that is recorded on the company's balance sheet. Investors also form their own opinion of Cass Information's value that differs from its market value or its book value, called intrinsic value, which is Cass Information'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 Cass Information's market value can be influenced by many factors that don't directly affect Cass Information'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 Cass Information's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cass Information is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cass Information'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.
Cass Information '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 Cass Information'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 Cass Information.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Cass Information on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cass Information Systems or generate 0.0% return on investment in Cass Information over 180 days. Cass Information is related to or competes with First Advantage, Rentokil Initial, CBIZ, Civeo Corp, Network 1, BrightView Holdings, and Maximus. Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and ... More
Cass Information 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 Cass Information'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 Cass Information Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.0037 | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.97 |
Cass Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cass Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cass Information's standard deviation. In reality, there are many statistical measures that can use Cass Information historical prices to predict the future Cass Information's volatility.| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0042 | |||
| Treynor Ratio | 0.0578 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cass Information'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.
Cass Information Systems Backtested Returns
Currently, Cass Information Systems is very steady. Cass Information Systems secures Sharpe Ratio (or Efficiency) of 0.0377, which signifies that the company had a 0.0377% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cass Information Systems, which you can use to evaluate the volatility of the firm. Please confirm Cass Information's Risk Adjusted Performance of 0.0476, mean deviation of 1.3, and Downside Deviation of 1.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0694%. Cass Information has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.6, 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, Cass Information will likely underperform. Cass Information Systems right now shows a risk of 1.84%. Please confirm Cass Information Systems skewness, and the relationship between the value at risk and day median price , to decide if Cass Information Systems will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Cass Information Systems has virtually no predictability. Overlapping area represents the amount of predictability between Cass Information time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Cass Information Systems price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Cass Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
Cass Information Systems lagged returns against current returns
Autocorrelation, which is Cass Information 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 Cass Information's stock expected returns. We can calculate the autocorrelation of Cass Information returns to help us make a trade decision. For example, suppose you find that Cass Information 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 |
Cass Information 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 Cass Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cass Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cass Information stock over time.
Current vs Lagged Prices |
| Timeline |
Cass Information Lagged Returns
When evaluating Cass Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cass Information stock have on its future price. Cass Information 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, Cass Information autocorrelation shows the relationship between Cass Information stock current value and its past values and can show if there is a momentum factor associated with investing in Cass Information Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Cass Stock Analysis
When running Cass Information's price analysis, check to measure Cass Information'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 Cass Information is operating at the current time. Most of Cass Information's value examination focuses on studying past and present price action to predict the probability of Cass Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cass Information's price. Additionally, you may evaluate how the addition of Cass Information to your portfolios can decrease your overall portfolio volatility.