Constellation Energy Corp Stock Market Value
| CEG Stock | USD 256.56 3.17 1.25% |
| Symbol | Constellation |
Constellation Energy Corp Price To Book Ratio
Is Electric Utilities 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 Constellation Energy. If investors know Constellation 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 Constellation 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 0.69 | Dividend Share 1.34 | Earnings Share 9.08 | Revenue Per Share 75.832 | Quarterly Revenue Growth 0.072 |
The market value of Constellation Energy Corp is measured differently than its book value, which is the value of Constellation that is recorded on the company's balance sheet. Investors also form their own opinion of Constellation Energy's value that differs from its market value or its book value, called intrinsic value, which is Constellation 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 Constellation Energy's market value can be influenced by many factors that don't directly affect Constellation 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 Constellation Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellation Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellation 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.
Constellation 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 Constellation 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 Constellation Energy.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Constellation Energy on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Constellation Energy Corp or generate 0.0% return on investment in Constellation Energy over 180 days. Constellation Energy is related to or competes with Atlantica Sustainable, Clearway Energy, Brookfield Renewable, Nextera Energy, Brookfield Renewable, Clearway Energy, and Algonquin Power. Constellation Energy Corporation generates and sells electricity in the United States More
Constellation 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 Constellation 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 Constellation Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.64 | |||
| Information Ratio | 0.0896 | |||
| Maximum Drawdown | 34.75 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.13 |
Constellation Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Constellation Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Constellation Energy's standard deviation. In reality, there are many statistical measures that can use Constellation Energy historical prices to predict the future Constellation Energy's volatility.| Risk Adjusted Performance | 0.1019 | |||
| Jensen Alpha | 0.3406 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1024 | |||
| Treynor Ratio | 0.3989 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Constellation 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.
Constellation Energy Corp Backtested Returns
Constellation Energy appears to be very steady, given 3 months investment horizon. Constellation Energy Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Constellation Energy's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Constellation Energy's Downside Deviation of 3.64, risk adjusted performance of 0.1019, and Mean Deviation of 2.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Constellation Energy holds a performance score of 12. The firm shows a Beta (market volatility) of 1.26, 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, Constellation Energy will likely underperform. Please check Constellation Energy's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Constellation Energy's price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Constellation Energy Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Constellation Energy time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 Constellation Energy Corp price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Constellation Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 993.67 |
Constellation Energy Corp lagged returns against current returns
Autocorrelation, which is Constellation 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 Constellation Energy's stock expected returns. We can calculate the autocorrelation of Constellation Energy returns to help us make a trade decision. For example, suppose you find that Constellation 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 |
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Constellation 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 Constellation Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Constellation Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Constellation Energy stock over time.
Current vs Lagged Prices |
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Constellation Energy Lagged Returns
When evaluating Constellation Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Constellation Energy stock have on its future price. Constellation 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, Constellation Energy autocorrelation shows the relationship between Constellation Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Constellation Energy Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Constellation Energy Corp is a strong investment it is important to analyze Constellation 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 Constellation Energy's future performance. For an informed investment choice regarding Constellation Stock, refer to the following important reports:Check out Constellation Energy Correlation, Constellation Energy Volatility and Constellation Energy Alpha and Beta module to complement your research on Constellation Energy. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Constellation 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.