Crown Lng Holdings Stock Market Value
| CGBSW Stock | 0.04 0 14.75% |
| Symbol | Crown |
Crown LNG Holdings Price To Book Ratio
Is Utilities 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 Crown LNG. If investors know Crown 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 Crown LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Crown LNG Holdings is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown LNG's value that differs from its market value or its book value, called intrinsic value, which is Crown LNG'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 Crown LNG's market value can be influenced by many factors that don't directly affect Crown LNG'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 Crown LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown LNG'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.
Crown LNG '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 Crown LNG'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 Crown LNG.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Crown LNG on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Crown LNG Holdings or generate 0.0% return on investment in Crown LNG over 30 days. Crown LNG is related to or competes with Eni SPA, BP PLC, Ecopetrol, Suncor Energy, Vivakor, Equinor ASA, and Cenovus Energy. Crown LNG is entity of United States. It is traded as Stock on NASDAQ exchange. More
Crown LNG 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 Crown LNG'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 Crown LNG Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.93 | |||
| Information Ratio | 0.0901 | |||
| Maximum Drawdown | 95.53 | |||
| Value At Risk | (30.56) | |||
| Potential Upside | 50.0 |
Crown LNG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown LNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown LNG's standard deviation. In reality, there are many statistical measures that can use Crown LNG historical prices to predict the future Crown LNG's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 2.76 | |||
| Total Risk Alpha | (1.48) | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crown LNG'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.
Crown LNG Holdings Backtested Returns
Crown LNG is out of control given 3 months investment horizon. Crown LNG Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.91% are justified by taking the suggested risk. Use Crown LNG Risk Adjusted Performance of 0.083, downside deviation of 18.93, and Mean Deviation of 18.1 to evaluate company specific risk that cannot be diversified away. Crown LNG holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.1, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Crown LNG are expected to decrease by larger amounts. On the other hand, during market turmoil, Crown LNG is expected to outperform it. Use Crown LNG maximum drawdown, as well as the relationship between the skewness and day typical price , to analyze future returns on Crown LNG.
Auto-correlation | -0.24 |
Weak reverse predictability
Crown LNG Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Crown LNG 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 Crown LNG Holdings price movement. The serial correlation of -0.24 indicates that over 24.0% of current Crown LNG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Crown LNG Holdings lagged returns against current returns
Autocorrelation, which is Crown LNG 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 Crown LNG's stock expected returns. We can calculate the autocorrelation of Crown LNG returns to help us make a trade decision. For example, suppose you find that Crown LNG 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 |
Crown LNG 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 Crown LNG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown LNG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown LNG stock over time.
Current vs Lagged Prices |
| Timeline |
Crown LNG Lagged Returns
When evaluating Crown LNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown LNG stock have on its future price. Crown LNG 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, Crown LNG autocorrelation shows the relationship between Crown LNG stock current value and its past values and can show if there is a momentum factor associated with investing in Crown LNG Holdings.
Regressed Prices |
| Timeline |
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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.Additional Tools for Crown Stock Analysis
When running Crown LNG's price analysis, check to measure Crown LNG'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 Crown LNG is operating at the current time. Most of Crown LNG's value examination focuses on studying past and present price action to predict the probability of Crown LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown LNG's price. Additionally, you may evaluate how the addition of Crown LNG to your portfolios can decrease your overall portfolio volatility.