Crown Castle (Germany) Market Value

8CW Stock  EUR 88.02  0.71  0.81%   
Crown Castle's market value is the price at which a share of Crown Castle trades on a public exchange. It measures the collective expectations of Crown Castle International investors about its performance. Crown Castle is trading at 88.02 as of the 30th of December 2024. This is a 0.81% increase since the beginning of the trading day. The stock's lowest day price was 87.31.
With this module, you can estimate the performance of a buy and hold strategy of Crown Castle International and determine expected loss or profit from investing in Crown Castle over a given investment horizon. Check out Crown Castle Correlation, Crown Castle Volatility and Crown Castle Alpha and Beta module to complement your research on Crown Castle.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.
Symbol

Please note, there is a significant difference between Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Castle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle'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.

Crown Castle '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 Crown Castle'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 Crown Castle.
0.00
11/30/2024
No Change 0.00  0.0 
In 31 days
12/30/2024
0.00
If you would invest  0.00  in Crown Castle on November 30, 2024 and sell it all today you would earn a total of 0.00 from holding Crown Castle International or generate 0.0% return on investment in Crown Castle over 30 days. Crown Castle is related to or competes with Playtech Plc, Norwegian Air, DELTA AIR, PLAYTIKA HOLDING, Fair Isaac, and TRAVEL LEISURE. Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 75,000 route miles of fiber suppor... More

Crown Castle 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 Crown Castle'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 Crown Castle International upside and downside potential and time the market with a certain degree of confidence.

Crown Castle Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Castle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Castle's standard deviation. In reality, there are many statistical measures that can use Crown Castle historical prices to predict the future Crown Castle's volatility.
Hype
Prediction
LowEstimatedHigh
86.5488.0289.50
Details
Intrinsic
Valuation
LowRealHigh
84.1185.5996.82
Details

Crown Castle Interna Backtested Returns

Crown Castle Interna secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Crown Castle International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crown Castle's Standard Deviation of 1.47, mean deviation of 1.07, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0802, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Crown Castle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Crown Castle is expected to be smaller as well. At this point, Crown Castle Interna has a negative expected return of -0.29%. Please make sure to confirm Crown Castle's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Crown Castle Interna performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.83  

Very good predictability

Crown Castle International has very good predictability. Overlapping area represents the amount of predictability between Crown Castle time series from 30th of November 2024 to 15th of December 2024 and 15th of December 2024 to 30th 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 Crown Castle Interna price movement. The serial correlation of 0.83 indicates that around 83.0% of current Crown Castle price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.74
Residual Average0.0
Price Variance2.9

Crown Castle Interna lagged returns against current returns

Autocorrelation, which is Crown Castle 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 Crown Castle's stock expected returns. We can calculate the autocorrelation of Crown Castle returns to help us make a trade decision. For example, suppose you find that Crown Castle 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  

Crown Castle 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 Crown Castle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Castle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Castle stock over time.
   Current vs Lagged Prices   
       Timeline  

Crown Castle Lagged Returns

When evaluating Crown Castle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Castle stock have on its future price. Crown Castle 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, Crown Castle autocorrelation shows the relationship between Crown Castle stock current value and its past values and can show if there is a momentum factor associated with investing in Crown Castle International.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Crown Stock

Crown Castle financial ratios help investors to determine whether Crown Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Crown with respect to the benefits of owning Crown Castle security.