Commscope Holding Co Stock Market Value
| COMM Stock | USD 5.09 0.41 8.76% |
| Symbol | CommScope |
CommScope Holding Price To Book Ratio
Is Communications Equipment 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 CommScope Holding. If investors know CommScope 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 CommScope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.96) | Revenue Per Share 24.277 | Quarterly Revenue Growth 0.027 | Return On Assets 0.0343 | Return On Equity (18.38) |
The market value of CommScope Holding is measured differently than its book value, which is the value of CommScope that is recorded on the company's balance sheet. Investors also form their own opinion of CommScope Holding's value that differs from its market value or its book value, called intrinsic value, which is CommScope Holding'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 CommScope Holding's market value can be influenced by many factors that don't directly affect CommScope Holding'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 CommScope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CommScope Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommScope Holding'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.
CommScope Holding '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 CommScope Holding'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 CommScope Holding.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CommScope Holding on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CommScope Holding Co or generate 0.0% return on investment in CommScope Holding over 30 days. CommScope Holding is related to or competes with Harmonic, NETGEAR, Comtech Telecommunicatio, ADTRAN, Digi International, KVH Industries, and Extreme Networks. CommScope Holding Company, Inc. provides infrastructure solutions for communications and entertainment networks More
CommScope Holding 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 CommScope Holding'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 CommScope Holding Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.19 | |||
| Information Ratio | 0.0454 | |||
| Maximum Drawdown | 35.5 | |||
| Value At Risk | (6.66) | |||
| Potential Upside | 8.17 |
CommScope Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CommScope Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CommScope Holding's standard deviation. In reality, there are many statistical measures that can use CommScope Holding historical prices to predict the future CommScope Holding's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.1686 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | 0.2236 |
CommScope Holding Backtested Returns
CommScope Holding appears to be unstable, given 3 months investment horizon. CommScope Holding secures Sharpe Ratio (or Efficiency) of 0.0834, which signifies that the company had a 0.0834% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CommScope Holding Co, which you can use to evaluate the volatility of the firm. Please makes use of CommScope Holding's Downside Deviation of 6.19, mean deviation of 3.78, and Risk Adjusted Performance of 0.0619 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CommScope Holding holds a performance score of 6. The firm shows a Beta (market volatility) of 1.64, 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, CommScope Holding will likely underperform. Please check CommScope Holding's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether CommScope Holding's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
CommScope Holding Co has modest reverse predictability. Overlapping area represents the amount of predictability between CommScope Holding time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 CommScope Holding price movement. The serial correlation of -0.48 indicates that about 48.0% of current CommScope Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
CommScope Holding lagged returns against current returns
Autocorrelation, which is CommScope Holding 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 CommScope Holding's stock expected returns. We can calculate the autocorrelation of CommScope Holding returns to help us make a trade decision. For example, suppose you find that CommScope Holding 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 |
CommScope Holding 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 CommScope Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CommScope Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CommScope Holding stock over time.
Current vs Lagged Prices |
| Timeline |
CommScope Holding Lagged Returns
When evaluating CommScope Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CommScope Holding stock have on its future price. CommScope Holding 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, CommScope Holding autocorrelation shows the relationship between CommScope Holding stock current value and its past values and can show if there is a momentum factor associated with investing in CommScope Holding Co.
Regressed Prices |
| Timeline |
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CommScope Holding 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.