Cresud Sacif Y Stock Market Value
| CRESY Stock | USD 9.14 0.37 3.89% |
| Symbol | Cresud |
Cresud SACIF y Price To Book Ratio
Is Cresud SACIF'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 Cresud SACIF. If investors know Cresud 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 Cresud SACIF 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 3.927 | Dividend Share 53.961 | Earnings Share 0.99 | Revenue Per Share 3.1 K | Quarterly Revenue Growth 0.002 |
The market value of Cresud SACIF y is measured differently than its book value, which is the value of Cresud that is recorded on the company's balance sheet. Investors also form their own opinion of Cresud SACIF's value that differs from its market value or its book value, called intrinsic value, which is Cresud SACIF'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 Cresud SACIF's market value can be influenced by many factors that don't directly affect Cresud SACIF'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 Cresud SACIF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cresud SACIF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cresud SACIF'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.
Cresud SACIF '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 Cresud SACIF'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 Cresud SACIF.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Cresud SACIF on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cresud SACIF y or generate 0.0% return on investment in Cresud SACIF over 30 days. Cresud SACIF is related to or competes with Steel Partners, Compass Diversified, Brookfield Business, Matthews International, Steel Partners, Griffon, and Compass Diversified. Cresud Sociedad Annima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces agricultura... More
Cresud SACIF 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 Cresud SACIF'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 Cresud SACIF y upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0094 | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 4.44 |
Cresud SACIF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cresud SACIF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cresud SACIF's standard deviation. In reality, there are many statistical measures that can use Cresud SACIF historical prices to predict the future Cresud SACIF's volatility.| Risk Adjusted Performance | 0.0374 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0096 | |||
| Treynor Ratio | 0.0654 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cresud SACIF'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.
Cresud SACIF y Backtested Returns
Cresud SACIF y secures Sharpe Ratio (or Efficiency) of -0.0021, which signifies that the company had a -0.0021% return per unit of standard deviation over the last 3 months. Cresud SACIF y exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cresud SACIF's mean deviation of 1.95, and Risk Adjusted Performance of 0.0374 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.66, 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, Cresud SACIF will likely underperform. Cresud SACIF y has an expected return of -0.0054%. Please make sure to confirm Cresud SACIF y potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Cresud SACIF y performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Cresud SACIF y has virtually no predictability. Overlapping area represents the amount of predictability between Cresud SACIF time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Cresud SACIF y price movement. The serial correlation of 0.03 indicates that only 3.0% of current Cresud SACIF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Cresud SACIF y lagged returns against current returns
Autocorrelation, which is Cresud SACIF 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 Cresud SACIF's stock expected returns. We can calculate the autocorrelation of Cresud SACIF returns to help us make a trade decision. For example, suppose you find that Cresud SACIF 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 |
Cresud SACIF 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 Cresud SACIF stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cresud SACIF stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cresud SACIF stock over time.
Current vs Lagged Prices |
| Timeline |
Cresud SACIF Lagged Returns
When evaluating Cresud SACIF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cresud SACIF stock have on its future price. Cresud SACIF 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, Cresud SACIF autocorrelation shows the relationship between Cresud SACIF stock current value and its past values and can show if there is a momentum factor associated with investing in Cresud SACIF y.
Regressed Prices |
| Timeline |
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 Cresud SACIF 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, Cresud SACIF's short interest history, or implied volatility extrapolated from Cresud SACIF options trading.
Pair Trading with Cresud SACIF
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 Cresud SACIF 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 Cresud SACIF will appreciate offsetting losses from the drop in the long position's value.Moving against Cresud Stock
| 0.77 | EQIX | Equinix Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Cresud SACIF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cresud SACIF 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 Cresud SACIF - 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 Cresud SACIF y to buy it.
The correlation of Cresud SACIF 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 Cresud SACIF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cresud SACIF y 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 Cresud SACIF 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.Check out Cresud SACIF Correlation, Cresud SACIF Volatility and Cresud SACIF Alpha and Beta module to complement your research on Cresud SACIF. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Cresud Stock analysis
When running Cresud SACIF's price analysis, check to measure Cresud SACIF'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 Cresud SACIF is operating at the current time. Most of Cresud SACIF's value examination focuses on studying past and present price action to predict the probability of Cresud SACIF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cresud SACIF's price. Additionally, you may evaluate how the addition of Cresud SACIF to your portfolios can decrease your overall portfolio volatility.
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Cresud SACIF 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.