Cineverse Corp Stock Market Value
| CNVS Stock | 3.46 0.20 5.46% |
| Symbol | Cineverse |
Cineverse Corp Price To Book Ratio
Is Movies & Entertainment 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 Cineverse Corp. If investors know Cineverse 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 Cineverse Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.70) | Revenue Per Share 3.303 | Quarterly Revenue Growth (0.30) | Return On Assets (0.02) | Return On Equity (0.56) |
The market value of Cineverse Corp is measured differently than its book value, which is the value of Cineverse that is recorded on the company's balance sheet. Investors also form their own opinion of Cineverse Corp's value that differs from its market value or its book value, called intrinsic value, which is Cineverse Corp'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 Cineverse Corp's market value can be influenced by many factors that don't directly affect Cineverse Corp'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 Cineverse Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cineverse Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cineverse Corp'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.
Cineverse Corp '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 Cineverse Corp'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 Cineverse Corp.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Cineverse Corp on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Cineverse Corp or generate 0.0% return on investment in Cineverse Corp over 30 days. Cineverse Corp is related to or competes with Aeye, Ep Emerging, ALPS Emerging, First Physicians, LiCycle Holdings, CarMax, and OReilly Automotive. Cineverse Corp is entity of United States More
Cineverse Corp 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 Cineverse Corp'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 Cineverse Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.79 | |||
| Information Ratio | 0.3217 | |||
| Maximum Drawdown | 44.12 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 20.27 |
Cineverse Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cineverse Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cineverse Corp's standard deviation. In reality, there are many statistical measures that can use Cineverse Corp historical prices to predict the future Cineverse Corp's volatility.| Risk Adjusted Performance | 0.2525 | |||
| Jensen Alpha | 2.75 | |||
| Total Risk Alpha | 1.45 | |||
| Sortino Ratio | 0.4548 | |||
| Treynor Ratio | (723.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cineverse Corp'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.
Cineverse Corp Backtested Returns
Cineverse Corp is relatively risky given 3 months investment horizon. Cineverse Corp secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.71% are justified by taking the suggested risk. Use Cineverse Corp Risk Adjusted Performance of 0.2525, mean deviation of 5.77, and Downside Deviation of 5.79 to evaluate company specific risk that cannot be diversified away. Cineverse Corp holds a performance score of 25 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.0038, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cineverse Corp are expected to decrease at a much lower rate. During the bear market, Cineverse Corp is likely to outperform the market. Use Cineverse Corp maximum drawdown, as well as the relationship between the skewness and day typical price , to analyze future returns on Cineverse Corp.
Auto-correlation | 0.16 |
Very weak predictability
Cineverse Corp has very weak predictability. Overlapping area represents the amount of predictability between Cineverse Corp 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 Cineverse Corp price movement. The serial correlation of 0.16 indicates that over 16.0% of current Cineverse Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Cineverse Corp lagged returns against current returns
Autocorrelation, which is Cineverse Corp 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 Cineverse Corp's stock expected returns. We can calculate the autocorrelation of Cineverse Corp returns to help us make a trade decision. For example, suppose you find that Cineverse Corp 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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Cineverse Corp 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 Cineverse Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cineverse Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cineverse Corp stock over time.
Current vs Lagged Prices |
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Cineverse Corp Lagged Returns
When evaluating Cineverse Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cineverse Corp stock have on its future price. Cineverse Corp 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, Cineverse Corp autocorrelation shows the relationship between Cineverse Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Cineverse Corp.
Regressed Prices |
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Additional Tools for Cineverse Stock Analysis
When running Cineverse Corp's price analysis, check to measure Cineverse Corp'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 Cineverse Corp is operating at the current time. Most of Cineverse Corp's value examination focuses on studying past and present price action to predict the probability of Cineverse Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cineverse Corp's price. Additionally, you may evaluate how the addition of Cineverse Corp to your portfolios can decrease your overall portfolio volatility.