Cadiz Inc Stock Market Value
| CDZI Stock | USD 4.44 0.20 4.72% |
| Symbol | Cadiz |
Cadiz Inc Price To Book Ratio
Is Water 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 Cadiz. If investors know Cadiz 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 Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.52) | Revenue Per Share 0.082 | Quarterly Revenue Growth 7.761 | Return On Assets (0.12) | Return On Equity (0.86) |
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz'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 Cadiz's market value can be influenced by many factors that don't directly affect Cadiz'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 Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadiz is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz'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.
Cadiz '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 Cadiz'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 Cadiz.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Cadiz on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Cadiz Inc or generate 0.0% return on investment in Cadiz over 180 days. Cadiz is related to or competes with Middlesex Water, SJW Group, California Water, York Water, Consolidated Water, American States, and Artesian Resources. Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States More
Cadiz 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 Cadiz'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 Cadiz Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 29.71 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 4.75 |
Cadiz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cadiz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cadiz's standard deviation. In reality, there are many statistical measures that can use Cadiz historical prices to predict the future Cadiz's volatility.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 0.2541 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.1324 | |||
| Treynor Ratio | 0.2529 |
Cadiz Inc Backtested Returns
Cadiz appears to be slightly risky, given 3 months investment horizon. Cadiz Inc secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. By analyzing Cadiz's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Cadiz's mean deviation of 2.84, and Risk Adjusted Performance of 0.0955 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cadiz holds a performance score of 11. The firm shows a Beta (market volatility) of 2.03, 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, Cadiz will likely underperform. Please check Cadiz's standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Cadiz's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Cadiz Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Cadiz time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Cadiz Inc price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Cadiz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Cadiz Inc lagged returns against current returns
Autocorrelation, which is Cadiz 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 Cadiz's stock expected returns. We can calculate the autocorrelation of Cadiz returns to help us make a trade decision. For example, suppose you find that Cadiz 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 |
Cadiz 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 Cadiz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cadiz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cadiz stock over time.
Current vs Lagged Prices |
| Timeline |
Cadiz Lagged Returns
When evaluating Cadiz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cadiz stock have on its future price. Cadiz 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, Cadiz autocorrelation shows the relationship between Cadiz stock current value and its past values and can show if there is a momentum factor associated with investing in Cadiz Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Cadiz Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cadiz'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 Cadiz Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cadiz Inc Stock:Check out Cadiz Correlation, Cadiz Volatility and Cadiz Alpha and Beta module to complement your research on Cadiz. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Cadiz 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.