Claritev Stock Market Value
CTEV Stock | 42.71 1.87 4.19% |
Symbol | Claritev |
Claritev Price To Book Ratio
Is Health Care Equipment & Supplies 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 Claritev. If investors know Claritev 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 Claritev listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Claritev is measured differently than its book value, which is the value of Claritev that is recorded on the company's balance sheet. Investors also form their own opinion of Claritev's value that differs from its market value or its book value, called intrinsic value, which is Claritev'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 Claritev's market value can be influenced by many factors that don't directly affect Claritev'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 Claritev's value and its price as these two are different measures arrived at by different means. Investors typically determine if Claritev is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Claritev'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.
Claritev '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 Claritev'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 Claritev.
04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Claritev on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Claritev or generate 0.0% return on investment in Claritev over 90 days. Claritev is related to or competes with Ardelyx, Regeneron Pharmaceuticals, Academy Sports, Glacier Media, Inhibrx Biosciences,, NetEase, and Alvotech. Claritev is entity of United States. It is traded as Stock on NYSE exchange. More
Claritev 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 Claritev'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 Claritev upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.67 | |||
Information Ratio | 0.1918 | |||
Maximum Drawdown | 40.8 | |||
Value At Risk | (5.10) | |||
Potential Upside | 7.33 |
Claritev Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Claritev's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Claritev's standard deviation. In reality, there are many statistical measures that can use Claritev historical prices to predict the future Claritev's volatility.Risk Adjusted Performance | 0.2103 | |||
Jensen Alpha | 1.07 | |||
Total Risk Alpha | 0.4296 | |||
Sortino Ratio | 0.3018 | |||
Treynor Ratio | 0.988 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Claritev'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.
Claritev Backtested Returns
Claritev is not too volatile given 3 months investment horizon. Claritev secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24 % return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Claritev mean deviation of 3.53, and Risk Adjusted Performance of 0.2103 to evaluate company specific risk that cannot be diversified away. Claritev holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.25, 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, Claritev will likely underperform. Use Claritev coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Claritev.
Auto-correlation | 0.51 |
Modest predictability
Claritev has modest predictability. Overlapping area represents the amount of predictability between Claritev time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Claritev price movement. The serial correlation of 0.51 indicates that about 51.0% of current Claritev price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.51 | |
Spearman Rank Test | 0.53 | |
Residual Average | 0.0 | |
Price Variance | 11.92 |
Claritev lagged returns against current returns
Autocorrelation, which is Claritev 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 Claritev's stock expected returns. We can calculate the autocorrelation of Claritev returns to help us make a trade decision. For example, suppose you find that Claritev 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 |
Claritev 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 Claritev stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Claritev stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Claritev stock over time.
Current vs Lagged Prices |
Timeline |
Claritev Lagged Returns
When evaluating Claritev's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Claritev stock have on its future price. Claritev 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, Claritev autocorrelation shows the relationship between Claritev stock current value and its past values and can show if there is a momentum factor associated with investing in Claritev.
Regressed Prices |
Timeline |
Thematic Opportunities
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Additional Tools for Claritev Stock Analysis
When running Claritev's price analysis, check to measure Claritev'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 Claritev is operating at the current time. Most of Claritev's value examination focuses on studying past and present price action to predict the probability of Claritev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Claritev's price. Additionally, you may evaluate how the addition of Claritev to your portfolios can decrease your overall portfolio volatility.