Corebridge Financial Stock Market Value
| CRBG Stock | USD 30.24 1.03 3.29% |
| Symbol | Corebridge |
Corebridge Financial Price To Book Ratio
Is Diversified Financial Services 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 Corebridge Financial. If investors know Corebridge 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 Corebridge Financial 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 (0.50) | Dividend Share 0.92 | Earnings Share (1.91) | Revenue Per Share 26.027 | Quarterly Revenue Growth (0.45) |
The market value of Corebridge Financial is measured differently than its book value, which is the value of Corebridge that is recorded on the company's balance sheet. Investors also form their own opinion of Corebridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Corebridge Financial'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 Corebridge Financial's market value can be influenced by many factors that don't directly affect Corebridge Financial'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 Corebridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corebridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corebridge Financial'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.
Corebridge Financial '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 Corebridge Financial'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 Corebridge Financial.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Corebridge Financial on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Corebridge Financial or generate 0.0% return on investment in Corebridge Financial over 90 days. Corebridge Financial is related to or competes with Federated Premier, Blackrock Muniyield, Diamond Hill, NXG NextGen, Federated Investors, Ares Management, and TPG. Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States More
Corebridge Financial 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 Corebridge Financial'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 Corebridge Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.0381 | |||
| Maximum Drawdown | 15.79 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.71 |
Corebridge Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corebridge Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Corebridge Financial's standard deviation. In reality, there are many statistical measures that can use Corebridge Financial historical prices to predict the future Corebridge Financial's volatility.| Risk Adjusted Performance | 0.0759 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | 0.1104 |
Corebridge Financial Backtested Returns
At this point, Corebridge Financial is very steady. Corebridge Financial secures Sharpe Ratio (or Efficiency) of 0.0858, which signifies that the company had a 0.0858% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Corebridge Financial, which you can use to evaluate the volatility of the firm. Please confirm Corebridge Financial's Downside Deviation of 1.76, mean deviation of 1.36, and Risk Adjusted Performance of 0.0759 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Corebridge Financial has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.78, 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, Corebridge Financial will likely underperform. Corebridge Financial right now shows a risk of 2.17%. Please confirm Corebridge Financial semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Corebridge Financial will be following its price patterns.
Auto-correlation | 0.16 |
Very weak predictability
Corebridge Financial has very weak predictability. Overlapping area represents the amount of predictability between Corebridge Financial time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Corebridge Financial price movement. The serial correlation of 0.16 indicates that over 16.0% of current Corebridge Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
Corebridge Financial lagged returns against current returns
Autocorrelation, which is Corebridge Financial 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 Corebridge Financial's stock expected returns. We can calculate the autocorrelation of Corebridge Financial returns to help us make a trade decision. For example, suppose you find that Corebridge Financial 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 |
Corebridge Financial 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 Corebridge Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Corebridge Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Corebridge Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Corebridge Financial Lagged Returns
When evaluating Corebridge Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Corebridge Financial stock have on its future price. Corebridge Financial 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, Corebridge Financial autocorrelation shows the relationship between Corebridge Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Corebridge Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Corebridge Financial is a strong investment it is important to analyze Corebridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corebridge Financial's future performance. For an informed investment choice regarding Corebridge Stock, refer to the following important reports:Check out Corebridge Financial Correlation, Corebridge Financial Volatility and Corebridge Financial Alpha and Beta module to complement your research on Corebridge Financial. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Corebridge Financial 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.