Creative Global Technology Stock Market Value
| CGTL Stock | 3.10 0.16 4.91% |
| Symbol | Creative |
Creative Global Tech Price To Book Ratio
Is Wholesale 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 Creative Global. If investors know Creative 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 Creative Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Creative Global Tech is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Global's value that differs from its market value or its book value, called intrinsic value, which is Creative Global'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 Creative Global's market value can be influenced by many factors that don't directly affect Creative Global'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 Creative Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Global'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.
Creative Global '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 Creative Global'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 Creative Global.
| 02/22/2025 |
| 03/24/2025 |
If you would invest 0.00 in Creative Global on February 22, 2025 and sell it all today you would earn a total of 0.00 from holding Creative Global Technology or generate 0.0% return on investment in Creative Global over 30 days. Creative Global is related to or competes with EMCOR, Tyson Foods, Canlan Ice, Dream Finders, Cementos Pacasmayo, Meritage, and Mattel. Creative Global is entity of United States More
Creative Global 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 Creative Global'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 Creative Global Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 44.25 | |||
| Value At Risk | (11.26) | |||
| Potential Upside | 8.96 |
Creative Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Creative Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Creative Global's standard deviation. In reality, there are many statistical measures that can use Creative Global historical prices to predict the future Creative Global's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 1.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Creative Global'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.
Creative Global Tech Backtested Returns
Creative Global Tech secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27 % return per unit of standard deviation over the last 3 months. Creative Global Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Creative Global's risk adjusted performance of (0.13), and Mean Deviation of 4.68 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Creative Global are expected to decrease at a much lower rate. During the bear market, Creative Global is likely to outperform the market. At this point, Creative Global Tech has a negative expected return of -1.5%. Please make sure to confirm Creative Global's skewness, and the relationship between the total risk alpha and day median price , to decide if Creative Global Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Creative Global Technology has virtually no predictability. Overlapping area represents the amount of predictability between Creative Global time series from 22nd of February 2025 to 9th of March 2025 and 9th of March 2025 to 24th 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 Creative Global Tech price movement. The serial correlation of 0.03 indicates that only 3.0% of current Creative Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Creative Global Tech lagged returns against current returns
Autocorrelation, which is Creative Global 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 Creative Global's stock expected returns. We can calculate the autocorrelation of Creative Global returns to help us make a trade decision. For example, suppose you find that Creative Global 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 |
Creative Global 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 Creative Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Creative Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Creative Global stock over time.
Current vs Lagged Prices |
| Timeline |
Creative Global Lagged Returns
When evaluating Creative Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Creative Global stock have on its future price. Creative Global 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, Creative Global autocorrelation shows the relationship between Creative Global stock current value and its past values and can show if there is a momentum factor associated with investing in Creative Global Technology.
Regressed Prices |
| Timeline |
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Creative Global 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.