Crane Nxt Co Stock Market Value
| CXT Stock | 60.11 1.87 3.21% |
| Symbol | Crane |
Crane NXT Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Crane NXT. If investors know Crane 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 Crane NXT 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 (0.10) | Dividend Share 0.62 | Earnings Share 3.05 | Revenue Per Share 25.333 | Quarterly Revenue Growth 0.143 |
The market value of Crane NXT is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane NXT's value that differs from its market value or its book value, called intrinsic value, which is Crane NXT'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 Crane NXT's market value can be influenced by many factors that don't directly affect Crane NXT'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 Crane NXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crane NXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane NXT'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.
Crane NXT '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 Crane NXT'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 Crane NXT.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Crane NXT on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Crane NXT Co or generate 0.0% return on investment in Crane NXT over 570 days. Crane NXT is related to or competes with Donaldson, ITT, Franklin Electric, Enerpac Tool, Gorman Rupp, Crane, and Luxfer Holdings. Crane NXT is entity of United States. It is traded as Stock on NYSE exchange. More
Crane NXT 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 Crane NXT'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 Crane NXT Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.37 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.21 |
Crane NXT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crane NXT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crane NXT's standard deviation. In reality, there are many statistical measures that can use Crane NXT historical prices to predict the future Crane NXT's volatility.| Risk Adjusted Performance | 0.0482 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0568 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crane NXT'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.
Crane NXT Backtested Returns
Currently, Crane NXT Co is very steady. Crane NXT secures Sharpe Ratio (or Efficiency) of 0.0367, which signifies that the company had a 0.0367% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Crane NXT Co, which you can use to evaluate the volatility of the firm. Please confirm Crane NXT's mean deviation of 1.27, and Risk Adjusted Performance of 0.0482 to double-check if the risk estimate we provide is consistent with the expected return of 0.0685%. Crane NXT has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.65, 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, Crane NXT will likely underperform. Crane NXT right now shows a risk of 1.86%. Please confirm Crane NXT value at risk, and the relationship between the standard deviation and kurtosis , to decide if Crane NXT will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Crane NXT Co has insignificant predictability. Overlapping area represents the amount of predictability between Crane NXT time series from 5th of May 2023 to 14th of February 2024 and 14th of February 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 Crane NXT price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Crane NXT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 6.26 |
Crane NXT lagged returns against current returns
Autocorrelation, which is Crane NXT 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 Crane NXT's stock expected returns. We can calculate the autocorrelation of Crane NXT returns to help us make a trade decision. For example, suppose you find that Crane NXT 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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Crane NXT 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 Crane NXT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crane NXT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crane NXT stock over time.
Current vs Lagged Prices |
| Timeline |
Crane NXT Lagged Returns
When evaluating Crane NXT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crane NXT stock have on its future price. Crane NXT 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, Crane NXT autocorrelation shows the relationship between Crane NXT stock current value and its past values and can show if there is a momentum factor associated with investing in Crane NXT Co.
Regressed Prices |
| Timeline |
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Additional Tools for Crane Stock Analysis
When running Crane NXT's price analysis, check to measure Crane NXT's 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 Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.