Crexendo Stock Market Value
| CXDO Stock | USD 5.32 0.10 1.92% |
| Symbol | Crexendo |
Crexendo Price To Book Ratio
Is Internet Services & Infrastructure 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 Crexendo. If investors know Crexendo 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 Crexendo 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 (0.92) | Earnings Share 0.05 | Revenue Per Share 2.219 | Quarterly Revenue Growth 0.126 | Return On Assets 0.0131 |
The market value of Crexendo is measured differently than its book value, which is the value of Crexendo that is recorded on the company's balance sheet. Investors also form their own opinion of Crexendo's value that differs from its market value or its book value, called intrinsic value, which is Crexendo'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 Crexendo's market value can be influenced by many factors that don't directly affect Crexendo'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 Crexendo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crexendo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crexendo'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.
Crexendo '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 Crexendo'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 Crexendo.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Crexendo on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Crexendo or generate 0.0% return on investment in Crexendo over 30 days. Crexendo is related to or competes with Tele2 AB, Liberty Broadband, KT, Liberty Broadband, Consolidated Communications, Proximus, and Singapore Telecommunicatio. Crexendo, Inc. provides cloud communication, unified communications as a service, call center, collaboration, and other ... More
Crexendo 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 Crexendo'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 Crexendo upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.64 | |||
| Information Ratio | 0.0024 | |||
| Maximum Drawdown | 27.3 | |||
| Value At Risk | (5.47) | |||
| Potential Upside | 5.99 |
Crexendo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crexendo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crexendo's standard deviation. In reality, there are many statistical measures that can use Crexendo historical prices to predict the future Crexendo's volatility.| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | 0.0693 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crexendo's 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.
Crexendo Backtested Returns
As of now, Crexendo Stock is relatively risky. Crexendo secures Sharpe Ratio (or Efficiency) of 0.0322, which signifies that the company had a 0.0322% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Crexendo, which you can use to evaluate the volatility of the firm. Please confirm Crexendo's risk adjusted performance of 0.0348, and Mean Deviation of 2.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Crexendo has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.85, 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, Crexendo will likely underperform. Crexendo right now shows a risk of 4.0%. Please confirm Crexendo maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Crexendo will be following its price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Crexendo has virtually no predictability. Overlapping area represents the amount of predictability between Crexendo time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Crexendo price movement. The serial correlation of 0.03 indicates that only 3.0% of current Crexendo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Crexendo lagged returns against current returns
Autocorrelation, which is Crexendo 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 Crexendo's stock expected returns. We can calculate the autocorrelation of Crexendo returns to help us make a trade decision. For example, suppose you find that Crexendo 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 |
Crexendo 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 Crexendo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crexendo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crexendo stock over time.
Current vs Lagged Prices |
| Timeline |
Crexendo Lagged Returns
When evaluating Crexendo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crexendo stock have on its future price. Crexendo 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, Crexendo autocorrelation shows the relationship between Crexendo stock current value and its past values and can show if there is a momentum factor associated with investing in Crexendo.
Regressed Prices |
| Timeline |
When determining whether Crexendo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crexendo'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 Crexendo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crexendo Stock:
Check out Crexendo Correlation, Crexendo Volatility and Crexendo Alpha and Beta module to complement your research on Crexendo. To learn how to invest in Crexendo Stock, please use our How to Invest in Crexendo guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Crexendo 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.