Cna Financial Stock Market Value
| CNA Stock | USD 49.72 0.12 0.24% |
| Symbol | CNA |
CNA Financial Price To Book Ratio
Is Property & Casualty Insurance 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 CNA Financial. If investors know CNA 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 CNA Financial 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 0.095 | Dividend Share 1.74 | Earnings Share 4.79 | Revenue Per Share 51.885 | Quarterly Revenue Growth 0.085 |
The market value of CNA Financial is measured differently than its book value, which is the value of CNA that is recorded on the company's balance sheet. Investors also form their own opinion of CNA Financial's value that differs from its market value or its book value, called intrinsic value, which is CNA Financial'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 CNA Financial's market value can be influenced by many factors that don't directly affect CNA Financial'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 CNA Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNA Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNA Financial'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.
CNA Financial '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 CNA Financial'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 CNA Financial.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in CNA Financial on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding CNA Financial or generate 0.0% return on investment in CNA Financial over 30 days. CNA Financial is related to or competes with Selective Insurance, Kemper, Donegal Group, Argo Group, Global Indemnity, Horace Mann, and ProAssurance. CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States More
CNA Financial 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 CNA Financial'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 CNA Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.47 |
CNA Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CNA Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CNA Financial's standard deviation. In reality, there are many statistical measures that can use CNA Financial historical prices to predict the future CNA Financial's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.0001) |
CNA Financial Backtested Returns
CNA Financial retains Efficiency (Sharpe Ratio) of -0.0219, which signifies that the company had a -0.0219% return per unit of risk over the last 3 months. CNA Financial exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CNA Financial's market risk adjusted performance of 0.0099, and Coefficient Of Variation of 13151.26 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.94, which signifies possible diversification benefits within a given portfolio. CNA Financial returns are very sensitive to returns on the market. As the market goes up or down, CNA Financial is expected to follow. At this point, CNA Financial has a negative expected return of -0.0286%. Please make sure to confirm CNA Financial's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if CNA Financial performance from the past will be repeated in the future.
Auto-correlation | 0.12 |
Insignificant predictability
CNA Financial has insignificant predictability. Overlapping area represents the amount of predictability between CNA Financial 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 CNA Financial price movement. The serial correlation of 0.12 indicates that less than 12.0% of current CNA Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
CNA Financial lagged returns against current returns
Autocorrelation, which is CNA Financial 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 CNA Financial's stock expected returns. We can calculate the autocorrelation of CNA Financial returns to help us make a trade decision. For example, suppose you find that CNA Financial 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 |
CNA Financial 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 CNA Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CNA Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CNA Financial stock over time.
Current vs Lagged Prices |
| Timeline |
CNA Financial Lagged Returns
When evaluating CNA Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CNA Financial stock have on its future price. CNA Financial 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, CNA Financial autocorrelation shows the relationship between CNA Financial stock current value and its past values and can show if there is a momentum factor associated with investing in CNA Financial.
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 CNA Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNA Financial'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 Cna Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cna Financial Stock:Check out CNA Financial Correlation, CNA Financial Volatility and CNA Financial Alpha and Beta module to complement your research on CNA Financial. For information on how to trade CNA Stock refer to our How to Trade CNA Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
CNA Financial 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.