Clps Inc Stock Market Value
| CLPS Stock | USD 1.11 0.02 1.77% |
| Symbol | CLPS |
CLPS Inc Price To Book Ratio
Is IT Consulting & Other 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 CLPS. If investors know CLPS 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 CLPS 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 (0.84) | Earnings Share (0.09) | Revenue Per Share 5.664 | Quarterly Revenue Growth (0.04) | Return On Assets (0.02) |
The market value of CLPS Inc is measured differently than its book value, which is the value of CLPS that is recorded on the company's balance sheet. Investors also form their own opinion of CLPS's value that differs from its market value or its book value, called intrinsic value, which is CLPS'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 CLPS's market value can be influenced by many factors that don't directly affect CLPS'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 CLPS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLPS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLPS'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.
CLPS '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 CLPS'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 CLPS.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in CLPS on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CLPS Inc or generate 0.0% return on investment in CLPS over 30 days. CLPS is related to or competes with FiscalNote Holdings, Grid Dynamics, Innodata, ARB IOT, Soluna Holdings, BigBearai Holdings, and Cantaloupe. CLPS Incorporation provides information technology , consulting, and solutions to institutions operating in banking, ins... More
CLPS 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 CLPS'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 CLPS Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.98 | |||
| Information Ratio | 0.0713 | |||
| Maximum Drawdown | 24.69 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 10.23 |
CLPS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CLPS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CLPS's standard deviation. In reality, there are many statistical measures that can use CLPS historical prices to predict the future CLPS's volatility.| Risk Adjusted Performance | 0.0855 | |||
| Jensen Alpha | 0.4867 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | (1.07) |
CLPS Inc Backtested Returns
Currently, CLPS Inc is extremely dangerous. CLPS Inc secures Sharpe Ratio (or Efficiency) of 0.0444, which signifies that the company had a 0.0444% return per unit of risk over the last 3 months. We have found thirty technical indicators for CLPS Inc, which you can use to evaluate the volatility of the firm. Please confirm CLPS's risk adjusted performance of 0.0855, and Mean Deviation of 3.11 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. CLPS has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CLPS are expected to decrease at a much lower rate. During the bear market, CLPS is likely to outperform the market. CLPS Inc now shows a risk of 4.29%. Please confirm CLPS Inc daily balance of power, price action indicator, as well as the relationship between the semi variance and treynor ratio , to decide if CLPS Inc will be following its price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
CLPS Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between CLPS 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 CLPS Inc price movement. The serial correlation of -0.12 indicates that less than 12.0% of current CLPS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CLPS Inc lagged returns against current returns
Autocorrelation, which is CLPS 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 CLPS's stock expected returns. We can calculate the autocorrelation of CLPS returns to help us make a trade decision. For example, suppose you find that CLPS 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 |
CLPS 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 CLPS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CLPS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CLPS stock over time.
Current vs Lagged Prices |
| Timeline |
CLPS Lagged Returns
When evaluating CLPS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CLPS stock have on its future price. CLPS 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, CLPS autocorrelation shows the relationship between CLPS stock current value and its past values and can show if there is a momentum factor associated with investing in CLPS Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CLPS Stock Analysis
When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.