Cdt Environmental Technology Stock Market Value
| CDTG Stock | 2.79 0.41 12.81% |
| Symbol | CDT |
CDT Environmental Price To Book Ratio
Is Environmental & Facilities 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 CDT Environmental. If investors know CDT 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 CDT Environmental 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 0.09 | Earnings Share 0.69 | Revenue Per Share 3.718 | Quarterly Revenue Growth 0.173 | Return On Assets 0.085 |
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental'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 CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental'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 CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental'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.
CDT Environmental '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 CDT Environmental'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 CDT Environmental.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in CDT Environmental on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CDT Environmental Technology or generate 0.0% return on investment in CDT Environmental over 30 days. CDT Environmental is related to or competes with Eastern, Timken, Procter Gamble, Hillman Solutions, Uranium Energy, NioCorp Developments, and Mannatech Incorporated. CDT Environmental is entity of United States More
CDT Environmental 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 CDT Environmental'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 CDT Environmental Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.4 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 57.94 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 9.74 |
CDT Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CDT Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CDT Environmental's standard deviation. In reality, there are many statistical measures that can use CDT Environmental historical prices to predict the future CDT Environmental's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.2184 | |||
| Total Risk Alpha | (0.99) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CDT Environmental'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.
CDT Environmental Backtested Returns
At this point, CDT Environmental is dangerous. CDT Environmental secures Sharpe Ratio (or Efficiency) of 0.0181, which signifies that the company had a 0.0181% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CDT Environmental Technology, which you can use to evaluate the volatility of the firm. Please confirm CDT Environmental's mean deviation of 3.85, and Risk Adjusted Performance of 0.0199 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. CDT Environmental has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.08, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning CDT Environmental are expected to decrease slowly. On the other hand, during market turmoil, CDT Environmental is expected to outperform it slightly. CDT Environmental now shows a risk of 6.94%. Please confirm CDT Environmental semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if CDT Environmental will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
CDT Environmental Technology has good predictability. Overlapping area represents the amount of predictability between CDT Environmental time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 CDT Environmental price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current CDT Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
CDT Environmental lagged returns against current returns
Autocorrelation, which is CDT Environmental 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 CDT Environmental's stock expected returns. We can calculate the autocorrelation of CDT Environmental returns to help us make a trade decision. For example, suppose you find that CDT Environmental 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 |
CDT Environmental 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 CDT Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CDT Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CDT Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
CDT Environmental Lagged Returns
When evaluating CDT Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CDT Environmental stock have on its future price. CDT Environmental 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, CDT Environmental autocorrelation shows the relationship between CDT Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in CDT Environmental Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental'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 CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:Check out CDT Environmental Correlation, CDT Environmental Volatility and CDT Environmental Alpha and Beta module to complement your research on CDT Environmental. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
CDT Environmental 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.