Coterra Energy Stock Market Value
| CTRA Stock | USD 27.63 0.19 0.69% |
| Symbol | Coterra |
Coterra Energy Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Coterra Energy. If investors know Coterra 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 Coterra Energy 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 (0.19) | Dividend Share 0.83 | Earnings Share 1.65 | Revenue Per Share 7.376 | Quarterly Revenue Growth (0.05) |
The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy'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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy'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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy'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.
Coterra Energy '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 Coterra Energy'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 Coterra Energy.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Coterra Energy on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Coterra Energy or generate 0.0% return on investment in Coterra Energy over 360 days. Coterra Energy is related to or competes with Devon Energy, Diamondback Energy, EOG Resources, ConocoPhillips, Occidental Petroleum, Range Resources, and Antero Resources. Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, ... More
Coterra Energy 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 Coterra Energy'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 Coterra Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.0764 | |||
| Maximum Drawdown | 8.03 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.27 |
Coterra Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coterra Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coterra Energy's standard deviation. In reality, there are many statistical measures that can use Coterra Energy historical prices to predict the future Coterra Energy's volatility.| Risk Adjusted Performance | 0.1297 | |||
| Jensen Alpha | 0.1388 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0736 | |||
| Treynor Ratio | 0.2921 |
Coterra Energy Backtested Returns
Coterra Energy appears to be very steady, given 3 months investment horizon. Coterra Energy secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Coterra Energy, which you can use to evaluate the volatility of the firm. Please makes use of Coterra Energy's Mean Deviation of 1.13, downside deviation of 1.57, and Risk Adjusted Performance of 0.1297 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Coterra Energy holds a performance score of 11. The firm shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coterra Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coterra Energy is expected to be smaller as well. Please check Coterra Energy's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Coterra Energy's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Coterra Energy has good reverse predictability. Overlapping area represents the amount of predictability between Coterra Energy time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Coterra Energy price movement. The serial correlation of -0.51 indicates that about 51.0% of current Coterra Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.26 |
Coterra Energy lagged returns against current returns
Autocorrelation, which is Coterra Energy 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 Coterra Energy's stock expected returns. We can calculate the autocorrelation of Coterra Energy returns to help us make a trade decision. For example, suppose you find that Coterra Energy 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 |
Coterra Energy 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 Coterra Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coterra Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coterra Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Coterra Energy Lagged Returns
When evaluating Coterra Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coterra Energy stock have on its future price. Coterra Energy 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, Coterra Energy autocorrelation shows the relationship between Coterra Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Coterra Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's 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 Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:Check out Coterra Energy Correlation, Coterra Energy Volatility and Coterra Energy Alpha and Beta module to complement your research on Coterra Energy. For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Coterra Energy 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.