Clarus Corp Stock Market Value
| CLAR Stock | USD 4.51 0.13 2.97% |
| Symbol | Clarus |
Clarus Corp Price To Book Ratio
Is Leisure Products 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 Clarus Corp. If investors know Clarus 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 Clarus Corp 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 12.291 | Dividend Share 0.1 | Earnings Share (0.58) | Revenue Per Share 7.044 | Quarterly Revenue Growth (0.17) |
The market value of Clarus Corp is measured differently than its book value, which is the value of Clarus that is recorded on the company's balance sheet. Investors also form their own opinion of Clarus Corp's value that differs from its market value or its book value, called intrinsic value, which is Clarus Corp'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 Clarus Corp's market value can be influenced by many factors that don't directly affect Clarus Corp'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 Clarus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clarus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clarus Corp'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.
Clarus Corp '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 Clarus Corp'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 Clarus Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Clarus Corp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Clarus Corp or generate 0.0% return on investment in Clarus Corp over 30 days. Clarus Corp is related to or competes with Vista Outdoor, Johnson Outdoors, Escalade Incorporated, JAKKS Pacific, Six Flags, Basic-Fit, and Canlan Ice. Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outd... More
Clarus Corp 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 Clarus Corp'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 Clarus Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 4.24 |
Clarus Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clarus Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clarus Corp's standard deviation. In reality, there are many statistical measures that can use Clarus Corp historical prices to predict the future Clarus Corp's volatility.| Risk Adjusted Performance | 0.0116 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0037 |
Clarus Corp Backtested Returns
Currently, Clarus Corp is somewhat reliable. Clarus Corp secures Sharpe Ratio (or Efficiency) of 0.042, which signifies that the company had a 0.042% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Clarus Corp, which you can use to evaluate the volatility of the firm. Please confirm Clarus Corp's mean deviation of 1.9, and Risk Adjusted Performance of 0.0116 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Clarus Corp has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.4, 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, Clarus Corp will likely underperform. Clarus Corp right now shows a risk of 2.52%. Please confirm Clarus Corp coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if Clarus Corp will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Clarus Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Clarus Corp 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 Clarus Corp price movement. The serial correlation of -0.23 indicates that over 23.0% of current Clarus Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Clarus Corp lagged returns against current returns
Autocorrelation, which is Clarus Corp 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 Clarus Corp's stock expected returns. We can calculate the autocorrelation of Clarus Corp returns to help us make a trade decision. For example, suppose you find that Clarus Corp 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 |
Clarus Corp 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 Clarus Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clarus Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clarus Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Clarus Corp Lagged Returns
When evaluating Clarus Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clarus Corp stock have on its future price. Clarus Corp 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, Clarus Corp autocorrelation shows the relationship between Clarus Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Clarus Corp.
Regressed Prices |
| Timeline |
Additional Tools for Clarus Stock Analysis
When running Clarus Corp's price analysis, check to measure Clarus Corp'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 Clarus Corp is operating at the current time. Most of Clarus Corp's value examination focuses on studying past and present price action to predict the probability of Clarus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clarus Corp's price. Additionally, you may evaluate how the addition of Clarus Corp to your portfolios can decrease your overall portfolio volatility.