Cannae Holdings Stock Statistic Functions Beta
| CNNE Stock | USD 21.09 0.32 1.54% |
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cannae Holdings correlated with the market. If Beta is less than 0 Cannae Holdings generally moves in the opposite direction as compared to the market. If Cannae Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cannae Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cannae Holdings is generally in the same direction as the market. If Beta > 1 Cannae Holdings moves generally in the same direction as, but more than the movement of the benchmark.
Cannae Holdings Technical Analysis Modules
Most technical analysis of Cannae Holdings help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cannae from various momentum indicators to cycle indicators. When you analyze Cannae charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Cannae Holdings Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cannae Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cannae Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Cannae Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cannae Holdings's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cannae Holdings's intrinsic value. In addition to deriving basic predictive indicators for Cannae Holdings, we also check how macroeconomic factors affect Cannae Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2020 | 2021 | 2022 | 2024 (projected) | PB Ratio | 1.0 | 0.95 | 0.62 | 1.23 | Capex To Depreciation | 0.4 | 0.28 | 0.32 | 0.25 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Multi-Sector Holdings 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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 (0.67) | Dividend Share 0.24 | Earnings Share (4.90) | Revenue Per Share 6.962 | Quarterly Revenue Growth (0.21) |
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.