Cleancore Solutions Stock Market Value
| ZONE Stock | 1.60 0.10 6.67% |
| Symbol | CleanCore |
CleanCore Solutions Price To Book Ratio
Is Environmental & Facilities 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 CleanCore Solutions. If investors know CleanCore 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 CleanCore Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.392 | Quarterly Revenue Growth (0.49) | Return On Assets (0.15) | Return On Equity (1.26) |
The market value of CleanCore Solutions is measured differently than its book value, which is the value of CleanCore that is recorded on the company's balance sheet. Investors also form their own opinion of CleanCore Solutions' value that differs from its market value or its book value, called intrinsic value, which is CleanCore Solutions' 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 CleanCore Solutions' market value can be influenced by many factors that don't directly affect CleanCore Solutions' 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 CleanCore Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanCore Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanCore Solutions' 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.
CleanCore Solutions '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 CleanCore Solutions' 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 CleanCore Solutions.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in CleanCore Solutions on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding CleanCore Solutions or generate 0.0% return on investment in CleanCore Solutions over 30 days. CleanCore Solutions is related to or competes with Genpact, Broadridge Financial, First Advantage, Franklin Covey, Kingsoft Cloud, LegalZoom, and Mistras. CleanCore Solutions is entity of United States More
CleanCore Solutions 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 CleanCore Solutions' 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 CleanCore Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.86 | |||
| Information Ratio | 0.0096 | |||
| Maximum Drawdown | 41.75 | |||
| Value At Risk | (10.27) | |||
| Potential Upside | 14.29 |
CleanCore Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CleanCore Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CleanCore Solutions' standard deviation. In reality, there are many statistical measures that can use CleanCore Solutions historical prices to predict the future CleanCore Solutions' volatility.| Risk Adjusted Performance | 0.0296 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | 0.0988 |
CleanCore Solutions Backtested Returns
At this point, CleanCore Solutions is extremely dangerous. CleanCore Solutions secures Sharpe Ratio (or Efficiency) of 0.0211, which signifies that the company had a 0.0211% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for CleanCore Solutions, which you can use to evaluate the volatility of the firm. Please confirm CleanCore Solutions' mean deviation of 5.34, and Risk Adjusted Performance of 0.0296 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. CleanCore Solutions has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.96, 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, CleanCore Solutions will likely underperform. CleanCore Solutions right now shows a risk of 7.64%. Please confirm CleanCore Solutions downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if CleanCore Solutions will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
CleanCore Solutions has virtually no predictability. Overlapping area represents the amount of predictability between CleanCore Solutions time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 CleanCore Solutions price movement. The serial correlation of 0.07 indicates that barely 7.0% of current CleanCore Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
CleanCore Solutions lagged returns against current returns
Autocorrelation, which is CleanCore Solutions 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 CleanCore Solutions' stock expected returns. We can calculate the autocorrelation of CleanCore Solutions returns to help us make a trade decision. For example, suppose you find that CleanCore Solutions 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 |
CleanCore Solutions 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 CleanCore Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CleanCore Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CleanCore Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
CleanCore Solutions Lagged Returns
When evaluating CleanCore Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CleanCore Solutions stock have on its future price. CleanCore Solutions 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, CleanCore Solutions autocorrelation shows the relationship between CleanCore Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in CleanCore Solutions.
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 CleanCore Solutions is a strong investment it is important to analyze CleanCore Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CleanCore Solutions' future performance. For an informed investment choice regarding CleanCore Stock, refer to the following important reports:Check out CleanCore Solutions Correlation, CleanCore Solutions Volatility and CleanCore Solutions Alpha and Beta module to complement your research on CleanCore Solutions. For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
CleanCore Solutions 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.