Confluent Stock Market Value
| CFLT Stock | USD 29.46 1.88 6.00% |
| Symbol | Confluent |
Confluent Price To Book Ratio
Is Application Software 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 Confluent. If investors know Confluent 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 Confluent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.10) | Revenue Per Share 2.89 | Quarterly Revenue Growth 0.25 | Return On Assets (0.09) | Return On Equity (0.41) |
The market value of Confluent is measured differently than its book value, which is the value of Confluent that is recorded on the company's balance sheet. Investors also form their own opinion of Confluent's value that differs from its market value or its book value, called intrinsic value, which is Confluent'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 Confluent's market value can be influenced by many factors that don't directly affect Confluent'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 Confluent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Confluent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Confluent'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.
Confluent '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 Confluent'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 Confluent.
| 10/25/2023 |
| 12/18/2024 |
If you would invest 0.00 in Confluent on October 25, 2023 and sell it all today you would earn a total of 0.00 from holding Confluent or generate 0.0% return on investment in Confluent over 420 days. Confluent is related to or competes with Evertec, NetScout Systems, CSG Systems, Tenable Holdings, Rapid7, and CyberArk Software. Confluent, Inc. operates a data streaming platform in the United States and internationally More
Confluent 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 Confluent'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 Confluent upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.72 | |||
| Information Ratio | 0.1996 | |||
| Maximum Drawdown | 18.55 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 7.14 |
Confluent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Confluent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Confluent's standard deviation. In reality, there are many statistical measures that can use Confluent historical prices to predict the future Confluent's volatility.| Risk Adjusted Performance | 0.1733 | |||
| Jensen Alpha | 0.6662 | |||
| Total Risk Alpha | 0.5893 | |||
| Sortino Ratio | 0.2383 | |||
| Treynor Ratio | 10.64 |
Confluent Backtested Returns
Confluent appears to be very steady, given 3 months investment horizon. Confluent secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Confluent's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of Confluent's Downside Deviation of 2.72, risk adjusted performance of 0.1733, and Mean Deviation of 2.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Confluent holds a performance score of 14. The firm shows a Beta (market volatility) of 0.0627, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Confluent's returns are expected to increase less than the market. However, during the bear market, the loss of holding Confluent is expected to be smaller as well. Please check Confluent's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Confluent's price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Confluent has insignificant reverse predictability. Overlapping area represents the amount of predictability between Confluent time series from 25th of October 2023 to 22nd of May 2024 and 22nd of May 2024 to 18th 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 Confluent price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Confluent price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 17.28 |
Confluent lagged returns against current returns
Autocorrelation, which is Confluent 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 Confluent's stock expected returns. We can calculate the autocorrelation of Confluent returns to help us make a trade decision. For example, suppose you find that Confluent 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 |
Confluent 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 Confluent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Confluent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Confluent stock over time.
Current vs Lagged Prices |
| Timeline |
Confluent Lagged Returns
When evaluating Confluent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Confluent stock have on its future price. Confluent 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, Confluent autocorrelation shows the relationship between Confluent stock current value and its past values and can show if there is a momentum factor associated with investing in Confluent.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Confluent Stock Analysis
When running Confluent's price analysis, check to measure Confluent'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 Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.