Comcast Corp Stock Market Value
| CMCSA Stock | USD 43.19 0.63 1.48% |
| Symbol | Comcast |
Comcast Corp Price To Book Ratio
Is Cable & Satellite 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 Comcast Corp. If investors know Comcast 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 Comcast Corp 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 (0.04) | Dividend Share 1.22 | Earnings Share 3.71 | Revenue Per Share 31.292 | Quarterly Revenue Growth 0.065 |
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.
Comcast Corp '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 Comcast Corp'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 Comcast Corp.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Comcast Corp on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Comcast Corp or generate 0.0% return on investment in Comcast Corp over 180 days. Comcast Corp is related to or competes with Cable One, T Mobile, Altice USA, Verizon Communications, ATT, Charter Communications, and Lumen Technologies. Comcast Corporation operates as a media and technology company worldwide More
Comcast Corp 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 Comcast Corp'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 Comcast Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0022 | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.52 |
Comcast Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comcast Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comcast Corp's standard deviation. In reality, there are many statistical measures that can use Comcast Corp historical prices to predict the future Comcast Corp's volatility.| Risk Adjusted Performance | 0.0787 | |||
| Jensen Alpha | 0.0163 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0025 | |||
| Treynor Ratio | 0.1458 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comcast Corp'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.
Comcast Corp Backtested Returns
At this point, Comcast Corp is very steady. Comcast Corp secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Comcast Corp, which you can use to evaluate the volatility of the firm. Please confirm Comcast Corp's Downside Deviation of 1.26, mean deviation of 1.04, and Risk Adjusted Performance of 0.0787 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Comcast Corp has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. Comcast Corp returns are very sensitive to returns on the market. As the market goes up or down, Comcast Corp is expected to follow. Comcast Corp right now shows a risk of 1.48%. Please confirm Comcast Corp jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Comcast Corp will be following its price patterns.
Auto-correlation | 0.58 |
Modest predictability
Comcast Corp has modest predictability. Overlapping area represents the amount of predictability between Comcast Corp 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 Comcast Corp price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Comcast Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 2.7 |
Comcast Corp lagged returns against current returns
Autocorrelation, which is Comcast Corp 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 Comcast Corp's stock expected returns. We can calculate the autocorrelation of Comcast Corp returns to help us make a trade decision. For example, suppose you find that Comcast Corp 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 |
Comcast Corp 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 Comcast Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comcast Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comcast Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Comcast Corp Lagged Returns
When evaluating Comcast Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comcast Corp stock have on its future price. Comcast Corp 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, Comcast Corp autocorrelation shows the relationship between Comcast Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Comcast Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Comcast Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comcast Corp'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 Comcast Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comcast Corp Stock:Check out Comcast Corp Correlation, Comcast Corp Volatility and Comcast Corp Alpha and Beta module to complement your research on Comcast Corp. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Comcast Corp 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.