Ckx Lands Stock Market Value
| CKX Stock | USD 12.51 0.42 3.25% |
| Symbol | CKX |
CKX Lands Price To Book Ratio
Is Real Estate Management & Development 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 CKX Lands. If investors know CKX 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 CKX Lands 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 0.475 | Earnings Share 0.23 | Revenue Per Share 1.013 | Quarterly Revenue Growth (0.34) | Return On Assets 0.0139 |
The market value of CKX Lands is measured differently than its book value, which is the value of CKX that is recorded on the company's balance sheet. Investors also form their own opinion of CKX Lands' value that differs from its market value or its book value, called intrinsic value, which is CKX Lands' 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 CKX Lands' market value can be influenced by many factors that don't directly affect CKX Lands' 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 CKX Lands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CKX Lands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CKX Lands' 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.
CKX Lands '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 CKX Lands' 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 CKX Lands.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in CKX Lands on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding CKX Lands or generate 0.0% return on investment in CKX Lands over 30 days. CKX Lands is related to or competes with PrimeEnergy, MorningStar Partners,, Magnolia Oil, Civitas Resources, SM Energy, Evolution Petroleum, and Epsilon Energy. CKX Lands, Inc. engages in the ownership and management of land in the United States More
CKX Lands 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 CKX Lands' 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 CKX Lands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.7 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.56 |
CKX Lands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CKX Lands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CKX Lands' standard deviation. In reality, there are many statistical measures that can use CKX Lands historical prices to predict the future CKX Lands' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 1.01 |
CKX Lands Backtested Returns
CKX Lands secures Sharpe Ratio (or Efficiency) of -0.0799, which signifies that the company had a -0.0799% return per unit of volatility over the last 3 months. CKX Lands exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CKX Lands' risk adjusted performance of (0.01), and Mean Deviation of 1.07 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0402, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CKX Lands are expected to decrease at a much lower rate. During the bear market, CKX Lands is likely to outperform the market. At this point, CKX Lands has a negative expected return of -0.13%. Please make sure to confirm CKX Lands' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if CKX Lands performance from the past will be repeated at future time.
Auto-correlation | 0.15 |
Insignificant predictability
CKX Lands has insignificant predictability. Overlapping area represents the amount of predictability between CKX Lands 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 CKX Lands price movement. The serial correlation of 0.15 indicates that less than 15.0% of current CKX Lands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
CKX Lands lagged returns against current returns
Autocorrelation, which is CKX Lands 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 CKX Lands' stock expected returns. We can calculate the autocorrelation of CKX Lands returns to help us make a trade decision. For example, suppose you find that CKX Lands 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 |
CKX Lands 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 CKX Lands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CKX Lands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CKX Lands stock over time.
Current vs Lagged Prices |
| Timeline |
CKX Lands Lagged Returns
When evaluating CKX Lands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CKX Lands stock have on its future price. CKX Lands 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, CKX Lands autocorrelation shows the relationship between CKX Lands stock current value and its past values and can show if there is a momentum factor associated with investing in CKX Lands.
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 CKX Stock Analysis
When running CKX Lands' price analysis, check to measure CKX Lands' 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 CKX Lands is operating at the current time. Most of CKX Lands' value examination focuses on studying past and present price action to predict the probability of CKX Lands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKX Lands' price. Additionally, you may evaluate how the addition of CKX Lands to your portfolios can decrease your overall portfolio volatility.