Crocs Inc Stock Market Value
| CROX Stock | USD 106.08 4.27 4.19% |
| Symbol | Crocs |
Is Textiles, Apparel & Luxury Goods 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 Crocs. If investors know Crocs 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 Crocs 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 Crocs Inc is measured differently than its book value, which is the value of Crocs that is recorded on the company's balance sheet. Investors also form their own opinion of Crocs' value that differs from its market value or its book value, called intrinsic value, which is Crocs' 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 Crocs' market value can be influenced by many factors that don't directly affect Crocs' 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 Crocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crocs' 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.
Crocs '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 Crocs' 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 Crocs.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Crocs on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Crocs Inc or generate 0.0% return on investment in Crocs over 270 days. Crocs is related to or competes with On Holding, Skechers USA, Nike, Designer Brands, Deckers Outdoor, Steven Madden, and Adidas AG. Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle ... More
Crocs 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 Crocs' 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 Crocs Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 24.38 | |||
| Value At Risk | (4.25) | |||
| Potential Upside | 3.27 |
Crocs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crocs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crocs' standard deviation. In reality, there are many statistical measures that can use Crocs historical prices to predict the future Crocs' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (1.77) |
Crocs Inc Backtested Returns
Crocs Inc secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Crocs Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crocs' Risk Adjusted Performance of (0.09), mean deviation of 1.94, and Standard Deviation of 3.18 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Crocs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Crocs is expected to be smaller as well. At this point, Crocs Inc has a negative expected return of -0.41%. Please make sure to confirm Crocs' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Crocs Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Crocs Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Crocs time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Crocs Inc price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Crocs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 205.62 |
Crocs Inc lagged returns against current returns
Autocorrelation, which is Crocs 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 Crocs' stock expected returns. We can calculate the autocorrelation of Crocs returns to help us make a trade decision. For example, suppose you find that Crocs 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 |
Crocs 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 Crocs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crocs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crocs stock over time.
Current vs Lagged Prices |
| Timeline |
Crocs Lagged Returns
When evaluating Crocs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crocs stock have on its future price. Crocs 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, Crocs autocorrelation shows the relationship between Crocs stock current value and its past values and can show if there is a momentum factor associated with investing in Crocs Inc.
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 Crocs Stock Analysis
When running Crocs' price analysis, check to measure Crocs' 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 Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.