Chanson International Holding Stock Market Value
| CHSN Stock | 6.62 1.48 18.27% |
| Symbol | Chanson |
Chanson International Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Chanson International. If investors know Chanson 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 Chanson International 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 (0.93) | Earnings Share (0.02) | Revenue Per Share 1.287 | Quarterly Revenue Growth (0.14) | Return On Assets (0.02) |
The market value of Chanson International is measured differently than its book value, which is the value of Chanson that is recorded on the company's balance sheet. Investors also form their own opinion of Chanson International's value that differs from its market value or its book value, called intrinsic value, which is Chanson International'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 Chanson International's market value can be influenced by many factors that don't directly affect Chanson International'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 Chanson International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chanson International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chanson International'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.
Chanson International '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 Chanson International'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 Chanson International.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Chanson International on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Chanson International Holding or generate 0.0% return on investment in Chanson International over 30 days. Chanson International is related to or competes with Biglari Holdings, Sweetgreen, Wingstop, Flanigans Enterprises, Dine Brands, Dominos Pizza, and Darden Restaurants. Chanson International is entity of United States More
Chanson International 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 Chanson International'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 Chanson International Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.97 | |||
| Information Ratio | 0.1285 | |||
| Maximum Drawdown | 423.33 | |||
| Value At Risk | (16.41) | |||
| Potential Upside | 21.4 |
Chanson International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chanson International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chanson International's standard deviation. In reality, there are many statistical measures that can use Chanson International historical prices to predict the future Chanson International's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 5.43 | |||
| Total Risk Alpha | (1.34) | |||
| Sortino Ratio | 0.5712 | |||
| Treynor Ratio | 0.7679 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chanson International'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.
Chanson International Backtested Returns
Chanson International is abnormally volatile given 3 months investment horizon. Chanson International secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 6.3% are justified by taking the suggested risk. Use Chanson International risk adjusted performance of 0.1045, and Mean Deviation of 15.09 to evaluate company specific risk that cannot be diversified away. Chanson International holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 8.31, 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, Chanson International will likely underperform. Use Chanson International coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Chanson International.
Auto-correlation | 0.68 |
Good predictability
Chanson International Holding has good predictability. Overlapping area represents the amount of predictability between Chanson International time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Chanson International price movement. The serial correlation of 0.68 indicates that around 68.0% of current Chanson International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
Chanson International lagged returns against current returns
Autocorrelation, which is Chanson International 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 Chanson International's stock expected returns. We can calculate the autocorrelation of Chanson International returns to help us make a trade decision. For example, suppose you find that Chanson International 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 |
Chanson International 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 Chanson International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chanson International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chanson International stock over time.
Current vs Lagged Prices |
| Timeline |
Chanson International Lagged Returns
When evaluating Chanson International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chanson International stock have on its future price. Chanson International 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, Chanson International autocorrelation shows the relationship between Chanson International stock current value and its past values and can show if there is a momentum factor associated with investing in Chanson International Holding.
Regressed Prices |
| Timeline |
Pair Trading with Chanson International
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 Chanson International 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 Chanson International will appreciate offsetting losses from the drop in the long position's value.Moving against Chanson Stock
The ability to find closely correlated positions to Chanson International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chanson International 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 Chanson International - 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 Chanson International Holding to buy it.
The correlation of Chanson International 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 Chanson International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chanson International 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 Chanson International 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 Chanson International Correlation, Chanson International Volatility and Chanson International Alpha and Beta module to complement your research on Chanson International. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Chanson International 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.