Climb Global Solutions Stock Market Value
| CLMB Stock | USD 137.35 2.53 1.81% |
| Symbol | Climb |
Climb Global Solutions Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Climb Global. If investors know Climb 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 Climb Global 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 1.286 | Dividend Share 0.68 | Earnings Share 3.69 | Revenue Per Share 92.266 | Quarterly Revenue Growth 0.521 |
The market value of Climb Global Solutions is measured differently than its book value, which is the value of Climb that is recorded on the company's balance sheet. Investors also form their own opinion of Climb Global's value that differs from its market value or its book value, called intrinsic value, which is Climb Global'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 Climb Global's market value can be influenced by many factors that don't directly affect Climb Global'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 Climb Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Climb Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Climb Global'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.
Climb Global '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 Climb Global'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 Climb Global.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Climb Global on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Climb Global Solutions or generate 0.0% return on investment in Climb Global over 30 days. Climb Global is related to or competes with Insight Enterprises, ScanSource, Synnex, PC Connection, and Arrow Electronics. Climb Global is entity of United States. It is traded as Stock on NASDAQ exchange. More
Climb Global 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 Climb Global'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 Climb Global Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.22 | |||
| Maximum Drawdown | 15.22 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 5.98 |
Climb Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Climb Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Climb Global's standard deviation. In reality, there are many statistical measures that can use Climb Global historical prices to predict the future Climb Global's volatility.| Risk Adjusted Performance | 0.211 | |||
| Jensen Alpha | 0.5255 | |||
| Total Risk Alpha | 0.2999 | |||
| Sortino Ratio | 0.2924 | |||
| Treynor Ratio | 0.4017 |
Climb Global Solutions Backtested Returns
Climb Global appears to be very steady, given 3 months investment horizon. Climb Global Solutions secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing Climb Global's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Climb Global's Downside Deviation of 2.16, risk adjusted performance of 0.211, and Mean Deviation of 2.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Climb Global holds a performance score of 18. The firm shows a Beta (market volatility) of 1.87, 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, Climb Global will likely underperform. Please check Climb Global's value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether Climb Global's price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
Climb Global Solutions has excellent predictability. Overlapping area represents the amount of predictability between Climb Global 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 Climb Global Solutions price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Climb Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 56.52 |
Climb Global Solutions lagged returns against current returns
Autocorrelation, which is Climb Global 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 Climb Global's stock expected returns. We can calculate the autocorrelation of Climb Global returns to help us make a trade decision. For example, suppose you find that Climb Global 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 |
Climb Global 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 Climb Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Climb Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Climb Global stock over time.
Current vs Lagged Prices |
| Timeline |
Climb Global Lagged Returns
When evaluating Climb Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Climb Global stock have on its future price. Climb Global 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, Climb Global autocorrelation shows the relationship between Climb Global stock current value and its past values and can show if there is a momentum factor associated with investing in Climb Global Solutions.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Climb Global Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Climb Global'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 Climb Global Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Climb Global Solutions Stock:Check out Climb Global Correlation, Climb Global Volatility and Climb Global Alpha and Beta module to complement your research on Climb Global. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Climb Global 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.