Conifer Holdings, 975 Stock Market Value
| CNFRZ Stock | 21.90 0.10 0.45% |
| Symbol | Conifer |
Conifer Holdings, 975 Price To Book Ratio
Is 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 Conifer Holdings,. If investors know Conifer 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 Conifer Holdings, 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 (0.92) | Revenue Per Share 7.923 | Quarterly Revenue Growth 0.077 | Return On Assets (0.05) | Return On Equity (3.28) |
The market value of Conifer Holdings, 975 is measured differently than its book value, which is the value of Conifer that is recorded on the company's balance sheet. Investors also form their own opinion of Conifer Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Conifer Holdings,'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 Conifer Holdings,'s market value can be influenced by many factors that don't directly affect Conifer Holdings,'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 Conifer Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Conifer Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conifer Holdings,'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.
Conifer 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 Conifer Holdings,'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 Conifer Holdings,.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Conifer Holdings, on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Conifer Holdings, 975 or generate 0.0% return on investment in Conifer Holdings, over 30 days. Conifer Holdings, is related to or competes with Genfit, Noble Plc, and Catalyst Pharmaceuticals. Conifer Holdings, is entity of United States More
Conifer 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 Conifer Holdings,'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 Conifer Holdings, 975 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.25 | |||
| Information Ratio | 0.0847 | |||
| Maximum Drawdown | 37.54 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 10.2 |
Conifer Holdings, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Conifer Holdings,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Conifer Holdings,'s standard deviation. In reality, there are many statistical measures that can use Conifer Holdings, historical prices to predict the future Conifer Holdings,'s volatility.| Risk Adjusted Performance | 0.0876 | |||
| Jensen Alpha | 0.5757 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0685 | |||
| Treynor Ratio | 2.93 |
Conifer Holdings, 975 Backtested Returns
Conifer Holdings, appears to be somewhat reliable, given 3 months investment horizon. Conifer Holdings, 975 secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Conifer Holdings,'s technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Conifer Holdings,'s Mean Deviation of 3.47, downside deviation of 7.25, and Risk Adjusted Performance of 0.0876 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Conifer Holdings, holds a performance score of 8. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Conifer Holdings,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Conifer Holdings, is expected to be smaller as well. Please check Conifer Holdings,'s maximum drawdown, as well as the relationship between the skewness and price action indicator , to make a quick decision on whether Conifer Holdings,'s price patterns will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Conifer Holdings, 975 has virtually no predictability. Overlapping area represents the amount of predictability between Conifer Holdings, time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Conifer Holdings, 975 price movement. The serial correlation of 0.01 indicates that just 1.0% of current Conifer Holdings, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Conifer Holdings, 975 lagged returns against current returns
Autocorrelation, which is Conifer 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 Conifer Holdings,'s stock expected returns. We can calculate the autocorrelation of Conifer Holdings, returns to help us make a trade decision. For example, suppose you find that Conifer 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 |
Conifer 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 Conifer Holdings, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Conifer Holdings, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Conifer Holdings, stock over time.
Current vs Lagged Prices |
| Timeline |
Conifer Holdings, Lagged Returns
When evaluating Conifer Holdings,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Conifer Holdings, stock have on its future price. Conifer 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, Conifer Holdings, autocorrelation shows the relationship between Conifer Holdings, stock current value and its past values and can show if there is a momentum factor associated with investing in Conifer Holdings, 975.
Regressed Prices |
| Timeline |
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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.Additional Tools for Conifer Stock Analysis
When running Conifer Holdings,'s price analysis, check to measure Conifer Holdings,'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 Conifer Holdings, is operating at the current time. Most of Conifer Holdings,'s value examination focuses on studying past and present price action to predict the probability of Conifer Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conifer Holdings,'s price. Additionally, you may evaluate how the addition of Conifer Holdings, to your portfolios can decrease your overall portfolio volatility.