Civitas Resources Stock Market Value
| CIVI Stock | USD 52.80 0.52 0.99% |
| Symbol | Civitas |
Civitas Resources Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Civitas Resources. If investors know Civitas 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 Civitas Resources 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 0.929 | Dividend Share 6.06 | Earnings Share 10.2 | Revenue Per Share 51.373 | Quarterly Revenue Growth 0.228 |
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas Resources' 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 Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas Resources' 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 Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas Resources' 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.
Civitas Resources '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 Civitas Resources' 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 Civitas Resources.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Civitas Resources on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Civitas Resources or generate 0.0% return on investment in Civitas Resources over 720 days. Civitas Resources is related to or competes with Magnolia Oil, SM Energy, Range Resources, Matador Resources, Murphy Oil, Vital Energy, and Permian Resources. Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production ... More
Civitas Resources 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 Civitas Resources' 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 Civitas Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 2.92 |
Civitas Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Civitas Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Civitas Resources' standard deviation. In reality, there are many statistical measures that can use Civitas Resources historical prices to predict the future Civitas Resources' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Civitas Resources' 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.
Civitas Resources Backtested Returns
Civitas Resources secures Sharpe Ratio (or Efficiency) of -0.0939, which signifies that the company had a -0.0939% return per unit of risk over the last 3 months. Civitas Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Civitas Resources' Standard Deviation of 2.07, risk adjusted performance of (0.06), and Mean Deviation of 1.65 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.22, 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, Civitas Resources will likely underperform. At this point, Civitas Resources has a negative expected return of -0.2%. Please make sure to confirm Civitas Resources' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Civitas Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Civitas Resources has modest reverse predictability. Overlapping area represents the amount of predictability between Civitas Resources time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 Civitas Resources price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Civitas Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 57.22 |
Civitas Resources lagged returns against current returns
Autocorrelation, which is Civitas Resources 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 Civitas Resources' stock expected returns. We can calculate the autocorrelation of Civitas Resources returns to help us make a trade decision. For example, suppose you find that Civitas Resources 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 |
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Civitas Resources 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 Civitas Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Civitas Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Civitas Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Civitas Resources Lagged Returns
When evaluating Civitas Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Civitas Resources stock have on its future price. Civitas Resources 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, Civitas Resources autocorrelation shows the relationship between Civitas Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Civitas Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' 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 Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:Check out Civitas Resources Correlation, Civitas Resources Volatility and Civitas Resources Alpha and Beta module to complement your research on Civitas Resources. For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Civitas Resources 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.