Courtside Group, Common Stock Market Value
| PODC Stock | 1.88 0.02 1.08% |
| Symbol | Courtside |
Courtside Group, Common Price To Book Ratio
Is Movies & Entertainment 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 Courtside Group,. If investors know Courtside 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 Courtside Group, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 2.012 | Quarterly Revenue Growth 0.156 | Return On Assets (0.16) | Return On Equity (0.41) |
The market value of Courtside Group, Common is measured differently than its book value, which is the value of Courtside that is recorded on the company's balance sheet. Investors also form their own opinion of Courtside Group,'s value that differs from its market value or its book value, called intrinsic value, which is Courtside Group,'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 Courtside Group,'s market value can be influenced by many factors that don't directly affect Courtside Group,'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 Courtside Group,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Courtside Group, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Courtside Group,'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.
Courtside Group, '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 Courtside Group,'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 Courtside Group,.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Courtside Group, on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Courtside Group, Common or generate 0.0% return on investment in Courtside Group, over 30 days. Courtside Group, is related to or competes with Definitive Healthcare, Nextplat Corp, Rackspace Technology, Asure Software, Q2 Holdings, and Sapiens International. Courtside Group, is entity of United States More
Courtside Group, 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 Courtside Group,'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 Courtside Group, Common upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.31 | |||
| Information Ratio | 0.0927 | |||
| Maximum Drawdown | 27.39 | |||
| Value At Risk | (7.44) | |||
| Potential Upside | 9.09 |
Courtside Group, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Courtside Group,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Courtside Group,'s standard deviation. In reality, there are many statistical measures that can use Courtside Group, historical prices to predict the future Courtside Group,'s volatility.| Risk Adjusted Performance | 0.0984 | |||
| Jensen Alpha | 0.4872 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0932 | |||
| Treynor Ratio | 0.5808 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Courtside Group,'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.
Courtside Group, Common Backtested Returns
Courtside Group, appears to be very risky, given 3 months investment horizon. Courtside Group, Common secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Courtside Group,'s technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Courtside Group,'s Mean Deviation of 3.81, risk adjusted performance of 0.0984, and Downside Deviation of 5.31 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Courtside Group, holds a performance score of 8. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Courtside Group, returns are very sensitive to returns on the market. As the market goes up or down, Courtside Group, is expected to follow. Please check Courtside Group,'s value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Courtside Group,'s price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Courtside Group, Common has below average predictability. Overlapping area represents the amount of predictability between Courtside Group, time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Courtside Group, Common price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Courtside Group, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Courtside Group, Common lagged returns against current returns
Autocorrelation, which is Courtside Group, 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 Courtside Group,'s stock expected returns. We can calculate the autocorrelation of Courtside Group, returns to help us make a trade decision. For example, suppose you find that Courtside Group, 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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Courtside Group, 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 Courtside Group, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Courtside Group, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Courtside Group, stock over time.
Current vs Lagged Prices |
| Timeline |
Courtside Group, Lagged Returns
When evaluating Courtside Group,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Courtside Group, stock have on its future price. Courtside Group, 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, Courtside Group, autocorrelation shows the relationship between Courtside Group, stock current value and its past values and can show if there is a momentum factor associated with investing in Courtside Group, Common.
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 Courtside Group, Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Courtside Group,'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 Courtside Group, Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Courtside Group, Common Stock:Check out Courtside Group, Correlation, Courtside Group, Volatility and Courtside Group, Alpha and Beta module to complement your research on Courtside Group,. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Courtside Group, 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.