Commvault Systems Stock Market Value
| CVLT Stock | USD 174.60 3.91 2.29% |
| Symbol | CommVault |
CommVault Systems Price To Book Ratio
Is Systems Software 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 CommVault Systems. If investors know CommVault 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 CommVault Systems 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 0.207 | Earnings Share 3.94 | Revenue Per Share 20.529 | Quarterly Revenue Growth 0.161 | Return On Assets 0.0625 |
The market value of CommVault Systems is measured differently than its book value, which is the value of CommVault that is recorded on the company's balance sheet. Investors also form their own opinion of CommVault Systems' value that differs from its market value or its book value, called intrinsic value, which is CommVault Systems' 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 CommVault Systems' market value can be influenced by many factors that don't directly affect CommVault Systems' 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 CommVault Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if CommVault Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommVault Systems' 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.
CommVault Systems '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 CommVault Systems' 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 CommVault Systems.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in CommVault Systems on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding CommVault Systems or generate 0.0% return on investment in CommVault Systems over 390 days. CommVault Systems is related to or competes with Envestnet, Manhattan Associates, Agilysys, Aspen Technology, Blackbaud, Enfusion, and E2open Parent. Commvault Systems, Inc. provides data protection and information management software applications and related services i... More
CommVault Systems 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 CommVault Systems' 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 CommVault Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.77 | |||
| Information Ratio | 0.0389 | |||
| Maximum Drawdown | 28.4 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.06 |
CommVault Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CommVault Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CommVault Systems' standard deviation. In reality, there are many statistical measures that can use CommVault Systems historical prices to predict the future CommVault Systems' volatility.| Risk Adjusted Performance | 0.0594 | |||
| Jensen Alpha | 0.0659 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0541 | |||
| Treynor Ratio | 0.1353 |
CommVault Systems Backtested Returns
CommVault Systems appears to be very steady, given 3 months investment horizon. CommVault Systems secures Sharpe Ratio (or Efficiency) of 0.0737, which signifies that the company had a 0.0737% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CommVault Systems, which you can use to evaluate the volatility of the firm. Please makes use of CommVault Systems' Risk Adjusted Performance of 0.0594, downside deviation of 2.77, and Mean Deviation of 2.04 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CommVault Systems holds a performance score of 5. The firm shows a Beta (market volatility) of 1.84, 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, CommVault Systems will likely underperform. Please check CommVault Systems' treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether CommVault Systems' price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
CommVault Systems has excellent predictability. Overlapping area represents the amount of predictability between CommVault Systems time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 CommVault Systems price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current CommVault Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 375.22 |
CommVault Systems lagged returns against current returns
Autocorrelation, which is CommVault Systems 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 CommVault Systems' stock expected returns. We can calculate the autocorrelation of CommVault Systems returns to help us make a trade decision. For example, suppose you find that CommVault Systems 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 |
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CommVault Systems 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 CommVault Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CommVault Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CommVault Systems stock over time.
Current vs Lagged Prices |
| Timeline |
CommVault Systems Lagged Returns
When evaluating CommVault Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CommVault Systems stock have on its future price. CommVault Systems 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, CommVault Systems autocorrelation shows the relationship between CommVault Systems stock current value and its past values and can show if there is a momentum factor associated with investing in CommVault Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CommVault Stock Analysis
When running CommVault Systems' price analysis, check to measure CommVault Systems' 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 CommVault Systems is operating at the current time. Most of CommVault Systems' value examination focuses on studying past and present price action to predict the probability of CommVault Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommVault Systems' price. Additionally, you may evaluate how the addition of CommVault Systems to your portfolios can decrease your overall portfolio volatility.