Cimpress Nv Stock Market Value
| CMPR Stock | USD 80.46 0.63 0.78% |
| Symbol | Cimpress |
Cimpress NV Price To Book Ratio
Is Commercial Services & Supplies 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 Cimpress. If investors know Cimpress 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 Cimpress 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 2.983 | Earnings Share 5.76 | Revenue Per Share 129.305 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0858 |
The market value of Cimpress NV is measured differently than its book value, which is the value of Cimpress that is recorded on the company's balance sheet. Investors also form their own opinion of Cimpress' value that differs from its market value or its book value, called intrinsic value, which is Cimpress' 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 Cimpress' market value can be influenced by many factors that don't directly affect Cimpress' 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 Cimpress' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cimpress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cimpress' 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.
Cimpress '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 Cimpress' 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 Cimpress.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Cimpress on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Cimpress NV or generate 0.0% return on investment in Cimpress over 30 days. Cimpress is related to or competes with GCM Grosvenor, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High-yield Municipal. Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internat... More
Cimpress 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 Cimpress' 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 Cimpress NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 3.76 |
Cimpress Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cimpress' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cimpress' standard deviation. In reality, there are many statistical measures that can use Cimpress historical prices to predict the future Cimpress' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.09) |
Cimpress NV Backtested Returns
Cimpress NV 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. Cimpress NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cimpress' Mean Deviation of 2.07, risk adjusted performance of (0.03), and Standard Deviation of 2.83 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.66, 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, Cimpress will likely underperform. At this point, Cimpress NV has a negative expected return of -0.29%. Please make sure to confirm Cimpress' value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Cimpress NV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.80 |
Very good predictability
Cimpress NV has very good predictability. Overlapping area represents the amount of predictability between Cimpress time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Cimpress NV price movement. The serial correlation of 0.8 indicates that around 80.0% of current Cimpress price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 4.28 |
Cimpress NV lagged returns against current returns
Autocorrelation, which is Cimpress 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 Cimpress' stock expected returns. We can calculate the autocorrelation of Cimpress returns to help us make a trade decision. For example, suppose you find that Cimpress 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 |
Cimpress 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 Cimpress stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cimpress stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cimpress stock over time.
Current vs Lagged Prices |
| Timeline |
Cimpress Lagged Returns
When evaluating Cimpress' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cimpress stock have on its future price. Cimpress 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, Cimpress autocorrelation shows the relationship between Cimpress stock current value and its past values and can show if there is a momentum factor associated with investing in Cimpress NV.
Regressed Prices |
| Timeline |
Pair Trading with Cimpress
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cimpress position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cimpress will appreciate offsetting losses from the drop in the long position's value.Moving against Cimpress Stock
| 0.67 | NL | NL Industries | PairCorr |
| 0.67 | BW | Babcock Wilcox Enter | PairCorr |
| 0.62 | J | Jacobs Solutions | PairCorr |
| 0.57 | B | Barnes Group | PairCorr |
| 0.56 | AZ | A2Z Smart Technologies | PairCorr |
The ability to find closely correlated positions to Cimpress could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cimpress when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cimpress - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cimpress NV to buy it.
The correlation of Cimpress is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cimpress moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cimpress NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cimpress can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Cimpress Stock Analysis
When running Cimpress' price analysis, check to measure Cimpress' 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 Cimpress is operating at the current time. Most of Cimpress' value examination focuses on studying past and present price action to predict the probability of Cimpress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cimpress' price. Additionally, you may evaluate how the addition of Cimpress to your portfolios can decrease your overall portfolio volatility.