Cps Technologies Stock Market Value
| CPSH Stock | USD 1.53 0.02 1.32% |
| Symbol | Cps |
Cps Technologies Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Cps Technologies. If investors know Cps 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 Cps Technologies 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 (0.48) | Earnings Share (0.14) | Revenue Per Share 1.511 | Quarterly Revenue Growth (0.32) | Return On Assets (0.09) |
The market value of Cps Technologies is measured differently than its book value, which is the value of Cps that is recorded on the company's balance sheet. Investors also form their own opinion of Cps Technologies' value that differs from its market value or its book value, called intrinsic value, which is Cps Technologies' 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 Cps Technologies' market value can be influenced by many factors that don't directly affect Cps Technologies' 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 Cps Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cps Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cps Technologies' 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.
Cps Technologies '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 Cps Technologies' 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 Cps Technologies.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Cps Technologies on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Cps Technologies or generate 0.0% return on investment in Cps Technologies over 30 days. Cps Technologies is related to or competes with Desktop Metal, Fabrinet, Knowles Cor, Ubiquiti Networks, Viavi Solutions, Vislink Technologies, and VerifyMe. CPS Technologies Corporation produces and sells advanced material solutions to the transportation, automotive, energy, c... More
Cps Technologies 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 Cps Technologies' 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 Cps Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.0285 | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.88 |
Cps Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cps Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cps Technologies' standard deviation. In reality, there are many statistical measures that can use Cps Technologies historical prices to predict the future Cps Technologies' volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.2557 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | (0.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cps Technologies' 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.
Cps Technologies Backtested Returns
Cps Technologies appears to be very risky, given 3 months investment horizon. Cps Technologies secures Sharpe Ratio (or Efficiency) of 0.0877, which signifies that the company had a 0.0877% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cps Technologies, which you can use to evaluate the volatility of the firm. Please makes use of Cps Technologies' Mean Deviation of 1.69, risk adjusted performance of 0.0716, and Downside Deviation of 2.22 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cps Technologies holds a performance score of 6. The firm shows a Beta (market volatility) of -0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cps Technologies are expected to decrease at a much lower rate. During the bear market, Cps Technologies is likely to outperform the market. Please check Cps Technologies' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Cps Technologies' price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Cps Technologies has excellent reverse predictability. Overlapping area represents the amount of predictability between Cps Technologies time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Cps Technologies price movement. The serial correlation of -0.81 indicates that around 81.0% of current Cps Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cps Technologies lagged returns against current returns
Autocorrelation, which is Cps Technologies 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 Cps Technologies' stock expected returns. We can calculate the autocorrelation of Cps Technologies returns to help us make a trade decision. For example, suppose you find that Cps Technologies 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 |
Cps Technologies 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 Cps Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cps Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cps Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Cps Technologies Lagged Returns
When evaluating Cps Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cps Technologies stock have on its future price. Cps Technologies 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, Cps Technologies autocorrelation shows the relationship between Cps Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Cps Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Cps Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cps Technologies' 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 Cps Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cps Technologies Stock:Check out Cps Technologies Correlation, Cps Technologies Volatility and Cps Technologies Alpha and Beta module to complement your research on Cps Technologies. For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Cps Technologies 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.