Comstock Holding Companies Stock Market Value
| CHCI Stock | USD 9.64 0.17 1.80% |
| Symbol | Comstock |
Comstock Holding Com Price To Book Ratio
Is Household Durables 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 Comstock Holding. If investors know Comstock 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 Comstock Holding 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 (0.50) | Earnings Share 0.6 | Revenue Per Share 4.64 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0904 |
The market value of Comstock Holding Com is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Comstock Holding'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 Comstock Holding's market value can be influenced by many factors that don't directly affect Comstock Holding'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 Comstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Holding'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.
Comstock Holding '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 Comstock Holding'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 Comstock Holding.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Comstock Holding on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Comstock Holding Companies or generate 0.0% return on investment in Comstock Holding over 30 days. Comstock Holding is related to or competes with St Joe, Stratus Properties, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. Comstock Holding Companies, Inc. develops, operates, and manages of mixed-use and transit-oriented properties primarily ... More
Comstock Holding 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 Comstock Holding'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 Comstock Holding Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.53 | |||
| Information Ratio | 0.1141 | |||
| Maximum Drawdown | 22.6 | |||
| Value At Risk | (6.59) | |||
| Potential Upside | 9.41 |
Comstock Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comstock Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comstock Holding's standard deviation. In reality, there are many statistical measures that can use Comstock Holding historical prices to predict the future Comstock Holding's volatility.| Risk Adjusted Performance | 0.1097 | |||
| Jensen Alpha | 0.6748 | |||
| Total Risk Alpha | 0.0889 | |||
| Sortino Ratio | 0.1182 | |||
| Treynor Ratio | (0.99) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comstock Holding'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.
Comstock Holding Com Backtested Returns
Comstock Holding appears to be slightly risky, given 3 months investment horizon. Comstock Holding Com 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. By analyzing Comstock Holding's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Comstock Holding's Risk Adjusted Performance of 0.1097, downside deviation of 4.53, and Mean Deviation of 3.55 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Comstock Holding holds a performance score of 9. The firm shows a Beta (market volatility) of -0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Comstock Holding are expected to decrease at a much lower rate. During the bear market, Comstock Holding is likely to outperform the market. Please check Comstock Holding's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Comstock Holding's price patterns will revert.
Auto-correlation | -0.83 |
Excellent reverse predictability
Comstock Holding Companies has excellent reverse predictability. Overlapping area represents the amount of predictability between Comstock Holding 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 Comstock Holding Com price movement. The serial correlation of -0.83 indicates that around 83.0% of current Comstock Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Comstock Holding Com lagged returns against current returns
Autocorrelation, which is Comstock Holding 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 Comstock Holding's stock expected returns. We can calculate the autocorrelation of Comstock Holding returns to help us make a trade decision. For example, suppose you find that Comstock Holding 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 |
Comstock Holding 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 Comstock Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comstock Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comstock Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Comstock Holding Lagged Returns
When evaluating Comstock Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comstock Holding stock have on its future price. Comstock Holding 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, Comstock Holding autocorrelation shows the relationship between Comstock Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Comstock Holding Companies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Comstock Holding Com offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comstock Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comstock Holding Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comstock Holding Companies Stock:Check out Comstock Holding Correlation, Comstock Holding Volatility and Comstock Holding Alpha and Beta module to complement your research on Comstock Holding. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Comstock Holding 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.