Click Holdings Limited Stock Market Value
| CLIK Stock | 1.36 0.04 3.03% |
| Symbol | Click |
Is Business Services 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 Click Holdings. If investors know Click 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 Click Holdings 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 Click Holdings is measured differently than its book value, which is the value of Click that is recorded on the company's balance sheet. Investors also form their own opinion of Click Holdings' value that differs from its market value or its book value, called intrinsic value, which is Click Holdings' 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 Click Holdings' market value can be influenced by many factors that don't directly affect Click Holdings' 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 Click Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Click Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Click Holdings' 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.
Click Holdings '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 Click Holdings' 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 Click Holdings.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Click Holdings on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Click Holdings Limited or generate 0.0% return on investment in Click Holdings over 30 days. Click Holdings is related to or competes with Xponential Fitness, Compania Cervecerias, Fomento Economico, Ambev SA, HUTCHMED DRC, and Diageo PLC. Click Holdings is entity of United States More
Click Holdings 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 Click Holdings' 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 Click Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 56.53 | |||
| Value At Risk | (17.91) | |||
| Potential Upside | 16.67 |
Click Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Click Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Click Holdings' standard deviation. In reality, there are many statistical measures that can use Click Holdings historical prices to predict the future Click Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (2.61) | |||
| Treynor Ratio | (0.26) |
Click Holdings Backtested Returns
Click Holdings secures Sharpe Ratio (or Efficiency) of -0.0548, which signifies that the company had a -0.0548% return per unit of risk over the last 3 months. Click Holdings Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Click Holdings' Mean Deviation of 7.89, risk adjusted performance of (0.03), and Standard Deviation of 12.21 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.64, 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, Click Holdings will likely underperform. At this point, Click Holdings has a negative expected return of -0.67%. Please make sure to confirm Click Holdings' rate of daily change, period momentum indicator, as well as the relationship between the skewness and total risk alpha , to decide if Click Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Click Holdings Limited has average predictability. Overlapping area represents the amount of predictability between Click Holdings time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Click Holdings price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Click Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Click Holdings lagged returns against current returns
Autocorrelation, which is Click Holdings 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 Click Holdings' stock expected returns. We can calculate the autocorrelation of Click Holdings returns to help us make a trade decision. For example, suppose you find that Click Holdings 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 |
Click Holdings 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 Click Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Click Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Click Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Click Holdings Lagged Returns
When evaluating Click Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Click Holdings stock have on its future price. Click Holdings 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, Click Holdings autocorrelation shows the relationship between Click Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Click Holdings Limited.
Regressed Prices |
| Timeline |
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Click Holdings 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.