Cgi Inc Stock Market Value
| GIB Stock | USD 111.60 0.37 0.33% |
| Symbol | CGI |
CGI Inc Price To Book Ratio
Is IT Consulting & Other Services 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 CGI. If investors know CGI 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 CGI 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 0.088 | Earnings Share 5.09 | Revenue Per Share 64.348 | Quarterly Revenue Growth 0.044 | Return On Assets 0.0931 |
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI'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 CGI's market value can be influenced by many factors that don't directly affect CGI'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 CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI'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.
CGI '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 CGI'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 CGI.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in CGI on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding CGI Inc or generate 0.0% return on investment in CGI over 540 days. CGI is related to or competes with ExlService Holdings, ASGN, WNS Holdings, Gartner, Hackett, Science Applications, and Leidos Holdings. CGI Inc., together with its subsidiaries, provides information technology and business process services in Canada Wester... More
CGI 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 CGI'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 CGI Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.77 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.39 |
CGI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CGI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CGI's standard deviation. In reality, there are many statistical measures that can use CGI historical prices to predict the future CGI's volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0767 |
CGI Inc Backtested Returns
At this point, CGI is very steady. CGI Inc secures Sharpe Ratio (or Efficiency) of 0.0104, which signifies that the company had a 0.0104% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for CGI Inc, which you can use to evaluate the volatility of the firm. Please confirm CGI's Semi Deviation of 1.29, risk adjusted performance of 0.0361, and Mean Deviation of 0.805 to double-check if the risk estimate we provide is consistent with the expected return of 0.0112%. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CGI's returns are expected to increase less than the market. However, during the bear market, the loss of holding CGI is expected to be smaller as well. CGI Inc at this time shows a risk of 1.08%. Please confirm CGI Inc value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if CGI Inc will be following its price patterns.
Auto-correlation | 0.49 |
Average predictability
CGI Inc has average predictability. Overlapping area represents the amount of predictability between CGI time series from 4th of June 2023 to 29th of February 2024 and 29th 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 CGI Inc price movement. The serial correlation of 0.49 indicates that about 49.0% of current CGI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 30.81 |
CGI Inc lagged returns against current returns
Autocorrelation, which is CGI 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 CGI's stock expected returns. We can calculate the autocorrelation of CGI returns to help us make a trade decision. For example, suppose you find that CGI 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 |
CGI 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 CGI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CGI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CGI stock over time.
Current vs Lagged Prices |
| Timeline |
CGI Lagged Returns
When evaluating CGI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CGI stock have on its future price. CGI 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, CGI autocorrelation shows the relationship between CGI stock current value and its past values and can show if there is a momentum factor associated with investing in CGI Inc.
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 CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI'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 Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock:Check out CGI Correlation, CGI Volatility and CGI Alpha and Beta module to complement your research on CGI. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
CGI 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.