Charles River Laboratories Stock Market Value
| CRL Stock | USD 161.64 2.00 1.22% |
| Symbol | Charles |
Is Life Sciences Tools & Services 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 Charles River. If investors know Charles 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 Charles River listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.
Charles River '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 Charles River'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 Charles River.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Charles River on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Charles River Laboratories or generate 0.0% return on investment in Charles River over 30 days. Charles River is related to or competes with ICON PLC, Mettler Toledo, Laboratory, Waters, IDEXX Laboratories, IQVIA Holdings, and Revvity. Charles River Laboratories International, Inc., a non-clinical contract research organization, provides drug discovery, ... More
Charles River 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 Charles River'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 Charles River Laboratories upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 3.4 |
Charles River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Charles River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Charles River's standard deviation. In reality, there are many statistical measures that can use Charles River historical prices to predict the future Charles River's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.20) |
Charles River Labora Backtested Returns
Charles River Labora secures Sharpe Ratio (or Efficiency) of -0.0525, which signifies that the company had a -0.0525 % return per unit of standard deviation over the last 3 months. Charles River Laboratories exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Charles River's mean deviation of 1.9, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Charles River's returns are expected to increase less than the market. However, during the bear market, the loss of holding Charles River is expected to be smaller as well. At this point, Charles River Labora has a negative expected return of -0.15%. Please make sure to confirm Charles River's information ratio, as well as the relationship between the potential upside and rate of daily change , to decide if Charles River Labora performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Charles River Laboratories has modest predictability. Overlapping area represents the amount of predictability between Charles River time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Charles River Labora price movement. The serial correlation of 0.52 indicates that about 52.0% of current Charles River price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 11.3 |
Charles River Labora lagged returns against current returns
Autocorrelation, which is Charles River 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 Charles River's stock expected returns. We can calculate the autocorrelation of Charles River returns to help us make a trade decision. For example, suppose you find that Charles River 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 |
Charles River 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 Charles River stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Charles River stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Charles River stock over time.
Current vs Lagged Prices |
| Timeline |
Charles River Lagged Returns
When evaluating Charles River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Charles River stock have on its future price. Charles River 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, Charles River autocorrelation shows the relationship between Charles River stock current value and its past values and can show if there is a momentum factor associated with investing in Charles River Laboratories.
Regressed Prices |
| Timeline |
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Charles River 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.