Crown Castle Stock Market Value
| CCI Stock | USD 105.32 0.93 0.88% |
| Symbol | Crown |
Crown Castle Price To Book Ratio
Is Telecom Tower REITs 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 Crown Castle. If investors know Crown 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 Crown Castle 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 0.142 | Dividend Share 6.26 | Earnings Share 2.82 | Revenue Per Share 15.191 | Quarterly Revenue Growth (0.01) |
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle'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 Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle'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 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.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Crown Castle on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Crown Castle or generate 0.0% return on investment in Crown Castle over 720 days. Crown Castle is related to or competes with Digital Realty, Equinix, SBA Communications, Iron Mountain, American Tower, Hannon Armstrong, and Gaming Leisure. Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 1.73 |
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.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.1384 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crown Castle'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.
Crown Castle Backtested Returns
Crown Castle secures Sharpe Ratio (or Efficiency) of -0.0645, which signifies that the company had a -0.0645% return per unit of risk over the last 3 months. Crown Castle exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crown Castle's Standard Deviation of 1.4, mean deviation of 1.08, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Crown Castle are expected to decrease at a much lower rate. During the bear market, Crown Castle is likely to outperform the market. At this point, Crown Castle has a negative expected return of -0.0908%. Please make sure to confirm Crown Castle's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Crown Castle performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Crown Castle has poor reverse predictability. Overlapping area represents the amount of predictability between Crown Castle time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Crown Castle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 47.47 |
Crown Castle 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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Crown Castle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crown Castle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crown Castle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crown Castle Stock: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.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Crown Castle 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.