Calix Inc Stock Market Value
| CALX Stock | USD 33.34 1.48 4.65% |
| Symbol | Calix |
Calix Inc Price To Book Ratio
Is Communications Equipment 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 Calix. If investors know Calix 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 Calix 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 (0.99) | Earnings Share (0.45) | Revenue Per Share | Quarterly Revenue Growth (0.22) | Return On Assets |
The market value of Calix Inc is measured differently than its book value, which is the value of Calix that is recorded on the company's balance sheet. Investors also form their own opinion of Calix's value that differs from its market value or its book value, called intrinsic value, which is Calix'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 Calix's market value can be influenced by many factors that don't directly affect Calix'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 Calix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calix'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.
Calix '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 Calix'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 Calix.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Calix on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Calix Inc or generate 0.0% return on investment in Calix over 90 days. Calix is related to or competes with Blackbaud, Enfusion, E2open Parent, CommVault Systems, Manhattan Associates, Agilysys, and Aspen Technology. Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the Unit... More
Calix 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 Calix'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 Calix Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0456 | |||
| Maximum Drawdown | 16.84 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 5.09 |
Calix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calix's standard deviation. In reality, there are many statistical measures that can use Calix historical prices to predict the future Calix's volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | 0.4614 | |||
| Treynor Ratio | (0.01) |
Calix Inc Backtested Returns
Calix Inc secures Sharpe Ratio (or Efficiency) of -0.0299, which signifies that the company had a -0.0299 % return per unit of risk over the last 3 months. Calix Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calix's Risk Adjusted Performance of 0.0059, standard deviation of 2.82, and Mean Deviation of 2.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.24, 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, Calix will likely underperform. At this point, Calix Inc has a negative expected return of -0.0874%. Please make sure to confirm Calix's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Calix Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.66 |
Very good reverse predictability
Calix Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Calix time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Calix Inc price movement. The serial correlation of -0.66 indicates that around 66.0% of current Calix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 10.99 |
Calix Inc lagged returns against current returns
Autocorrelation, which is Calix 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 Calix's stock expected returns. We can calculate the autocorrelation of Calix returns to help us make a trade decision. For example, suppose you find that Calix 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 |
Calix 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 Calix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calix stock over time.
Current vs Lagged Prices |
| Timeline |
Calix Lagged Returns
When evaluating Calix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calix stock have on its future price. Calix 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, Calix autocorrelation shows the relationship between Calix stock current value and its past values and can show if there is a momentum factor associated with investing in Calix Inc.
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 Calix Stock Analysis
When running Calix's price analysis, check to measure Calix'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 Calix is operating at the current time. Most of Calix's value examination focuses on studying past and present price action to predict the probability of Calix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calix's price. Additionally, you may evaluate how the addition of Calix to your portfolios can decrease your overall portfolio volatility.