Freightos Limited Warrants Stock Market Value
| CRGOW Stock | 0.16 0.03 20.69% |
| Symbol | Freightos |
Freightos Limited Price To Book Ratio
Is Cargo Ground Transportation 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 Freightos Limited. If investors know Freightos 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 Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.445 | Quarterly Revenue Growth 0.111 | Return On Assets (0.17) | Return On Equity (0.29) |
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited'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 Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited'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 Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited'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.
Freightos Limited '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 Freightos Limited'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 Freightos Limited.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Freightos Limited on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Freightos Limited Warrants or generate 0.0% return on investment in Freightos Limited over 30 days. Freightos Limited is related to or competes with Allegheny Technologies, Insteel Industries, and Olympic Steel. Freightos Limited is entity of United States More
Freightos Limited 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 Freightos Limited'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 Freightos Limited Warrants upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.27 | |||
| Information Ratio | 0.1294 | |||
| Maximum Drawdown | 93.41 | |||
| Value At Risk | (34.77) | |||
| Potential Upside | 44.44 |
Freightos Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freightos Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freightos Limited's standard deviation. In reality, there are many statistical measures that can use Freightos Limited historical prices to predict the future Freightos Limited's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 3.34 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.1239 | |||
| Treynor Ratio | (0.53) |
Freightos Limited Backtested Returns
Freightos Limited is out of control given 3 months investment horizon. Freightos Limited secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.25% are justified by taking the suggested risk. Use Freightos Limited Mean Deviation of 14.21, coefficient of variation of 737.9, and Downside Deviation of 21.27 to evaluate company specific risk that cannot be diversified away. Freightos Limited holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -5.15, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Freightos Limited are expected to decrease by larger amounts. On the other hand, during market turmoil, Freightos Limited is expected to outperform it. Use Freightos Limited jensen alpha and the relationship between the potential upside and price action indicator , to analyze future returns on Freightos Limited.
Auto-correlation | -0.01 |
Very weak reverse predictability
Freightos Limited Warrants has very weak reverse predictability. Overlapping area represents the amount of predictability between Freightos Limited 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 Freightos Limited price movement. The serial correlation of -0.01 indicates that just 1.0% of current Freightos Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Freightos Limited lagged returns against current returns
Autocorrelation, which is Freightos Limited 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 Freightos Limited's stock expected returns. We can calculate the autocorrelation of Freightos Limited returns to help us make a trade decision. For example, suppose you find that Freightos Limited 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 |
Freightos Limited 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 Freightos Limited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freightos Limited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freightos Limited stock over time.
Current vs Lagged Prices |
| Timeline |
Freightos Limited Lagged Returns
When evaluating Freightos Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freightos Limited stock have on its future price. Freightos Limited 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, Freightos Limited autocorrelation shows the relationship between Freightos Limited stock current value and its past values and can show if there is a momentum factor associated with investing in Freightos Limited Warrants.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Freightos Stock Analysis
When running Freightos Limited's price analysis, check to measure Freightos Limited'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 Freightos Limited is operating at the current time. Most of Freightos Limited's value examination focuses on studying past and present price action to predict the probability of Freightos Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freightos Limited's price. Additionally, you may evaluate how the addition of Freightos Limited to your portfolios can decrease your overall portfolio volatility.