Cms Energy Stock Market Value

CMS Stock  USD 58.48  0.23  0.39%   
CMS Energy's market value is the price at which a share of CMS Energy trades on a public exchange. It measures the collective expectations of CMS Energy investors about its performance. CMS Energy is selling for under 58.48 as of the 19th of April 2024; that is 0.39 percent up since the beginning of the trading day. The stock's lowest day price was 57.82.
With this module, you can estimate the performance of a buy and hold strategy of CMS Energy and determine expected loss or profit from investing in CMS Energy over a given investment horizon. Check out CMS Energy Correlation, CMS Energy Volatility and CMS Energy Alpha and Beta module to complement your research on CMS Energy.
For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.
Symbol

CMS Energy Price To Book Ratio

Is CMS Energy's industry 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 CMS Energy. If investors know CMS 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 CMS Energy 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
0.805
Dividend Share
1.95
Earnings Share
3.01
Revenue Per Share
25.625
Quarterly Revenue Growth
(0.14)
The market value of CMS Energy is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy'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 CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy'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 CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy'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.

CMS Energy '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 CMS Energy'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 CMS Energy.
0.00
03/20/2024
No Change 0.00  0.0 
In 31 days
04/19/2024
0.00
If you would invest  0.00  in CMS Energy on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding CMS Energy or generate 0.0% return on investment in CMS Energy over 30 days. CMS Energy is related to or competes with American Electric, Nextera Energy, Morningstar Unconstrained, T Rowe, and 70082LAB3. CMS Energy Corporation operates as an energy company primarily in Michigan More

CMS Energy 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 CMS Energy'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 CMS Energy upside and downside potential and time the market with a certain degree of confidence.

CMS Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CMS Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMS Energy's standard deviation. In reality, there are many statistical measures that can use CMS Energy historical prices to predict the future CMS Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CMS Energy'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.
Hype
Prediction
LowEstimatedHigh
57.3158.4559.59
Details
Intrinsic
Valuation
LowRealHigh
52.6360.0361.17
Details
Naive
Forecast
LowNextHigh
57.1758.3159.45
Details
19 Analysts
Consensus
LowTargetHigh
56.3661.9368.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CMS Energy. Your research has to be compared to or analyzed against CMS Energy's peers to derive any actionable benefits. When done correctly, CMS Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CMS Energy.

CMS Energy Backtested Returns

We consider CMS Energy very steady. CMS Energy secures Sharpe Ratio (or Efficiency) of 0.0643, which signifies that the company had a 0.0643% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CMS Energy, which you can use to evaluate the volatility of the firm. Please confirm CMS Energy's risk adjusted performance of 0.0213, and Mean Deviation of 0.8914 to double-check if the risk estimate we provide is consistent with the expected return of 0.0732%. CMS Energy has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CMS Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMS Energy is expected to be smaller as well. CMS Energy currently shows a risk of 1.14%. Please confirm CMS Energy value at risk, as well as the relationship between the skewness and day median price , to decide if CMS Energy will be following its price patterns.

Auto-correlation

    
  -0.79  

Almost perfect reverse predictability

CMS Energy has almost perfect reverse predictability. Overlapping area represents the amount of predictability between CMS Energy time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 CMS Energy price movement. The serial correlation of -0.79 indicates that around 79.0% of current CMS Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.79
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.52

CMS Energy lagged returns against current returns

Autocorrelation, which is CMS Energy 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 CMS Energy's stock expected returns. We can calculate the autocorrelation of CMS Energy returns to help us make a trade decision. For example, suppose you find that CMS Energy 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  

CMS Energy 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 CMS Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMS Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMS Energy stock over time.
   Current vs Lagged Prices   
       Timeline  

CMS Energy Lagged Returns

When evaluating CMS Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMS Energy stock have on its future price. CMS Energy 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, CMS Energy autocorrelation shows the relationship between CMS Energy stock current value and its past values and can show if there is a momentum factor associated with investing in CMS Energy.
   Regressed Prices   
       Timeline  

CMS Energy Investors Sentiment

The influence of CMS Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CMS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CMS Energy's public news can be used to forecast risks associated with an investment in CMS. The trend in average sentiment can be used to explain how an investor holding CMS can time the market purely based on public headlines and social activities around CMS Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CMS Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CMS Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CMS Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CMS Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CMS Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CMS Energy's short interest history, or implied volatility extrapolated from CMS Energy options trading.

Pair Trading with CMS Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CMS Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CMS Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with CMS Stock

  0.8D Dominion Energy Financial Report 3rd of May 2024 PairCorr
  0.84ES Eversource Energy Financial Report 1st of May 2024 PairCorr
  0.79FE FirstEnergy Earnings Call This WeekPairCorr

Moving against CMS Stock

  0.66HE Hawaiian Electric Buyout TrendPairCorr
  0.44EDN Empresa Distribuidora Financial Report 9th of May 2024 PairCorr
The ability to find closely correlated positions to CMS Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMS Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CMS Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CMS Energy to buy it.
The correlation of CMS Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CMS Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMS Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CMS Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CMS Energy is a strong investment it is important to analyze CMS Energy's 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 CMS Energy's future performance. For an informed investment choice regarding CMS Stock, refer to the following important reports:
Check out CMS Energy Correlation, CMS Energy Volatility and CMS Energy Alpha and Beta module to complement your research on CMS Energy.
For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for CMS Stock analysis

When running CMS Energy's price analysis, check to measure CMS Energy'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 CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.
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CMS Energy 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.
A focus of CMS Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CMS Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...