Cabaletta Bio Stock Market Value
| CABA Stock | USD 4.91 0.06 1.24% |
| Symbol | Cabaletta |
Cabaletta Bio Price To Book Ratio
Is Biotechnology 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 Cabaletta Bio. If investors know Cabaletta 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 Cabaletta Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.91) | Return On Assets (0.31) | Return On Equity (0.48) |
The market value of Cabaletta Bio is measured differently than its book value, which is the value of Cabaletta that is recorded on the company's balance sheet. Investors also form their own opinion of Cabaletta Bio's value that differs from its market value or its book value, called intrinsic value, which is Cabaletta Bio'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 Cabaletta Bio's market value can be influenced by many factors that don't directly affect Cabaletta Bio'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 Cabaletta Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabaletta Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabaletta Bio'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.
Cabaletta Bio '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 Cabaletta Bio'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 Cabaletta Bio.
| 10/26/2023 |
| 10/20/2024 |
If you would invest 0.00 in Cabaletta Bio on October 26, 2023 and sell it all today you would earn a total of 0.00 from holding Cabaletta Bio or generate 0.0% return on investment in Cabaletta Bio over 360 days. Cabaletta Bio is related to or competes with Revolution Medicines, Black Diamond, Passage Bio, 89bio, Madrigal Pharmaceuticals, Pliant Therapeutics, and Arcellx. Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T ce... More
Cabaletta Bio 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 Cabaletta Bio'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 Cabaletta Bio upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 40.89 | |||
| Value At Risk | (8.01) | |||
| Potential Upside | 8.23 |
Cabaletta Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cabaletta Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cabaletta Bio's standard deviation. In reality, there are many statistical measures that can use Cabaletta Bio historical prices to predict the future Cabaletta Bio's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cabaletta Bio'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.
Cabaletta Bio Backtested Returns
Cabaletta Bio secures Sharpe Ratio (or Efficiency) of -0.0486, which signifies that the company had a -0.0486% return per unit of standard deviation over the last 3 months. Cabaletta Bio exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cabaletta Bio's mean deviation of 4.45, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Cabaletta Bio returns are very sensitive to returns on the market. As the market goes up or down, Cabaletta Bio is expected to follow. At this point, Cabaletta Bio has a negative expected return of -0.33%. Please make sure to confirm Cabaletta Bio's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if Cabaletta Bio performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Cabaletta Bio has weak reverse predictability. Overlapping area represents the amount of predictability between Cabaletta Bio time series from 26th of October 2023 to 23rd of April 2024 and 23rd of April 2024 to 20th of October 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 Cabaletta Bio price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Cabaletta Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 8.97 |
Cabaletta Bio lagged returns against current returns
Autocorrelation, which is Cabaletta Bio 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 Cabaletta Bio's stock expected returns. We can calculate the autocorrelation of Cabaletta Bio returns to help us make a trade decision. For example, suppose you find that Cabaletta Bio 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 |
Cabaletta Bio 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 Cabaletta Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cabaletta Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cabaletta Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Cabaletta Bio Lagged Returns
When evaluating Cabaletta Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cabaletta Bio stock have on its future price. Cabaletta Bio 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, Cabaletta Bio autocorrelation shows the relationship between Cabaletta Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Cabaletta Bio.
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.| MSFT | Microsoft | |
| F | Ford Motor | |
| CRM | Salesforce |
Check out Cabaletta Bio Correlation, Cabaletta Bio Volatility and Cabaletta Bio Alpha and Beta module to complement your research on Cabaletta Bio. For information on how to trade Cabaletta Stock refer to our How to Trade Cabaletta Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Cabaletta Bio 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.