Canterbury Park Holding Stock Market Value
| CPHC Stock | USD 18.51 0.50 2.63% |
| Symbol | Canterbury |
Canterbury Park Holding Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Canterbury Park. If investors know Canterbury 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 Canterbury Park 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 (0.94) | Earnings Share 0.98 | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park'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 Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park'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 Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park'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.
Canterbury Park '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 Canterbury Park'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 Canterbury Park.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Canterbury Park on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Canterbury Park Holding or generate 0.0% return on investment in Canterbury Park over 90 days. Canterbury Park is related to or competes with Community West, Citizens Community, and Bridgford Foods. Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, ... More
Canterbury Park 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 Canterbury Park'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 Canterbury Park Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 2.93 |
Canterbury Park Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canterbury Park's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canterbury Park's standard deviation. In reality, there are many statistical measures that can use Canterbury Park historical prices to predict the future Canterbury Park's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.62) |
Canterbury Park Holding Backtested Returns
Canterbury Park Holding secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Canterbury Park Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Canterbury Park's Risk Adjusted Performance of (0.04), standard deviation of 2.33, and Mean Deviation of 1.65 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canterbury Park's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canterbury Park is expected to be smaller as well. At this point, Canterbury Park Holding has a negative expected return of -0.2%. Please make sure to confirm Canterbury Park's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Canterbury Park Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Canterbury Park Holding has insignificant predictability. Overlapping area represents the amount of predictability between Canterbury Park time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 Canterbury Park Holding price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Canterbury Park price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Canterbury Park Holding lagged returns against current returns
Autocorrelation, which is Canterbury Park 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 Canterbury Park's stock expected returns. We can calculate the autocorrelation of Canterbury Park returns to help us make a trade decision. For example, suppose you find that Canterbury Park 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 |
Canterbury Park 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 Canterbury Park stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Canterbury Park stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Canterbury Park stock over time.
Current vs Lagged Prices |
| Timeline |
Canterbury Park Lagged Returns
When evaluating Canterbury Park's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Canterbury Park stock have on its future price. Canterbury Park 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, Canterbury Park autocorrelation shows the relationship between Canterbury Park stock current value and its past values and can show if there is a momentum factor associated with investing in Canterbury Park Holding.
Regressed Prices |
| Timeline |
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Check out Canterbury Park Correlation, Canterbury Park Volatility and Canterbury Park Alpha and Beta module to complement your research on Canterbury Park. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Canterbury Park 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.