Chesapeake Utilities Stock Market Value
| CPK Stock | USD 120.83 1.30 1.06% |
| Symbol | Chesapeake |
Chesapeake Utilities Price To Book Ratio
Is Gas 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 Chesapeake Utilities. If investors know Chesapeake 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 Chesapeake Utilities 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 0.472 | Dividend Share 2.46 | Earnings Share 4.92 | Revenue Per Share 34.76 | Quarterly Revenue Growth 0.217 |
The market value of Chesapeake Utilities is measured differently than its book value, which is the value of Chesapeake that is recorded on the company's balance sheet. Investors also form their own opinion of Chesapeake Utilities' value that differs from its market value or its book value, called intrinsic value, which is Chesapeake Utilities' 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 Chesapeake Utilities' market value can be influenced by many factors that don't directly affect Chesapeake Utilities' 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 Chesapeake Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chesapeake Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chesapeake Utilities' 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.
Chesapeake Utilities '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 Chesapeake Utilities' 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 Chesapeake Utilities.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Chesapeake Utilities on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Chesapeake Utilities or generate 0.0% return on investment in Chesapeake Utilities over 180 days. Chesapeake Utilities is related to or competes with Northwest Natural, One Gas, NewJersey Resources, Spire, NiSource, and OPAL Fuels. Chesapeake Utilities Corporation operates as an energy delivery company More
Chesapeake Utilities 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 Chesapeake Utilities' 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 Chesapeake Utilities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.69 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.08 |
Chesapeake Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chesapeake Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chesapeake Utilities' standard deviation. In reality, there are many statistical measures that can use Chesapeake Utilities historical prices to predict the future Chesapeake Utilities' volatility.| Risk Adjusted Performance | 0.0014 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.07) |
Chesapeake Utilities Backtested Returns
Chesapeake Utilities secures Sharpe Ratio (or Efficiency) of -0.0191, which signifies that the company had a -0.0191% return per unit of standard deviation over the last 3 months. Chesapeake Utilities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chesapeake Utilities' mean deviation of 0.9708, and Risk Adjusted Performance of 0.0014 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chesapeake Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding Chesapeake Utilities is expected to be smaller as well. At this point, Chesapeake Utilities has a negative expected return of -0.0261%. Please make sure to confirm Chesapeake Utilities' maximum drawdown, and the relationship between the information ratio and accumulation distribution , to decide if Chesapeake Utilities performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Chesapeake Utilities has weak predictability. Overlapping area represents the amount of predictability between Chesapeake Utilities time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Chesapeake Utilities price movement. The serial correlation of 0.2 indicates that over 20.0% of current Chesapeake Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 21.38 |
Chesapeake Utilities lagged returns against current returns
Autocorrelation, which is Chesapeake Utilities 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 Chesapeake Utilities' stock expected returns. We can calculate the autocorrelation of Chesapeake Utilities returns to help us make a trade decision. For example, suppose you find that Chesapeake Utilities 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 |
Chesapeake Utilities 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 Chesapeake Utilities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chesapeake Utilities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chesapeake Utilities stock over time.
Current vs Lagged Prices |
| Timeline |
Chesapeake Utilities Lagged Returns
When evaluating Chesapeake Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chesapeake Utilities stock have on its future price. Chesapeake Utilities 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, Chesapeake Utilities autocorrelation shows the relationship between Chesapeake Utilities stock current value and its past values and can show if there is a momentum factor associated with investing in Chesapeake Utilities.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Chesapeake Utilities Correlation, Chesapeake Utilities Volatility and Chesapeake Utilities Alpha and Beta module to complement your research on Chesapeake Utilities. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Chesapeake Utilities 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.