Cms Energy Corp Stock Market Value
| CMSA Stock | USD 24.84 0.08 0.32% |
| Symbol | CMS |
CMS Energy Corp Price To Book Ratio
Is Electric Utilities 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 CMS Energy. If investors know CMS 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 CMS Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.355 |
The market value of CMS Energy Corp is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy'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 CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy'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 CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy'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.
CMS Energy '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 CMS Energy'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 CMS Energy.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in CMS Energy on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CMS Energy Corp or generate 0.0% return on investment in CMS Energy over 30 days. CMS Energy is related to or competes with CMS Energy, DTE Energy, CMS Energy, Southern, and Duke Energy. CMS Energy Corporation operates as an energy company primarily in Michigan More
CMS Energy 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 CMS Energy'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 CMS Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5205 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.45 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.9948 |
CMS Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMS Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMS Energy's standard deviation. In reality, there are many statistical measures that can use CMS Energy historical prices to predict the future CMS Energy's volatility.| Risk Adjusted Performance | 0.017 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.22) | |||
| Treynor Ratio | (1.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CMS Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CMS Energy Corp Backtested Returns
At this point, CMS Energy is very steady. CMS Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0167, which signifies that the company had a 0.0167% return per unit of volatility over the last 3 months. We have found thirty technical indicators for CMS Energy Corp, which you can use to evaluate the volatility of the firm. Please confirm CMS Energy's mean deviation of 0.3918, and Risk Adjusted Performance of 0.017 to double-check if the risk estimate we provide is consistent with the expected return of 0.009%. CMS Energy has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0034, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CMS Energy are expected to decrease at a much lower rate. During the bear market, CMS Energy is likely to outperform the market. CMS Energy Corp currently shows a risk of 0.54%. Please confirm CMS Energy Corp expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if CMS Energy Corp will be following its price patterns.
Auto-correlation | -0.05 |
Very weak reverse predictability
CMS Energy Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between CMS Energy 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 CMS Energy Corp price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current CMS Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
CMS Energy Corp lagged returns against current returns
Autocorrelation, which is CMS Energy 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 CMS Energy's stock expected returns. We can calculate the autocorrelation of CMS Energy returns to help us make a trade decision. For example, suppose you find that CMS Energy 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 |
CMS Energy 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 CMS Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMS Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMS Energy stock over time.
Current vs Lagged Prices |
| Timeline |
CMS Energy Lagged Returns
When evaluating CMS Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMS Energy stock have on its future price. CMS Energy 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, CMS Energy autocorrelation shows the relationship between CMS Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CMS Energy Corp.
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 CMS Energy Corp is a strong investment it is important to analyze CMS Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CMS Energy's future performance. For an informed investment choice regarding CMS Stock, refer to the following important reports:Check out CMS Energy Correlation, CMS Energy Volatility and CMS Energy Alpha and Beta module to complement your research on CMS Energy. For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
CMS Energy 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.