Crh Plc Adr Stock Market Value
| CRH Stock | USD 101.94 0.93 0.90% |
| Symbol | CRH |
CRH PLC ADR Price To Book Ratio
Is Construction Materials 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 CRH PLC. If investors know CRH 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 CRH PLC 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 0.094 | Dividend Share 2.13 | Earnings Share 4.99 | Revenue Per Share 51.375 | Quarterly Revenue Growth 0.038 |
The market value of CRH PLC ADR is measured differently than its book value, which is the value of CRH that is recorded on the company's balance sheet. Investors also form their own opinion of CRH PLC's value that differs from its market value or its book value, called intrinsic value, which is CRH PLC'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 CRH PLC's market value can be influenced by many factors that don't directly affect CRH PLC'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 CRH PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRH PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRH PLC'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.
CRH PLC '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 CRH PLC'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 CRH PLC.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in CRH PLC on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding CRH PLC ADR or generate 0.0% return on investment in CRH PLC over 720 days. CRH PLC is related to or competes with Martin Marietta, Eagle Materials, Summit Materials, United States, Vulcan Materials, Cemex SAB, and Cementos Pacasmayo. CRH plc, through its subsidiaries, manufactures and distributes building materials More
CRH PLC 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 CRH PLC'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 CRH PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0601 | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.6 |
CRH PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CRH PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CRH PLC's standard deviation. In reality, there are many statistical measures that can use CRH PLC historical prices to predict the future CRH PLC's volatility.| Risk Adjusted Performance | 0.1248 | |||
| Jensen Alpha | 0.0853 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0548 | |||
| Treynor Ratio | 0.2095 |
CRH PLC ADR Backtested Returns
CRH PLC is very steady at the moment. CRH PLC ADR secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CRH PLC ADR, which you can use to evaluate the volatility of the firm. Please confirm CRH PLC's Mean Deviation of 1.03, risk adjusted performance of 0.1248, and Semi Deviation of 1.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. CRH PLC has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.96, which signifies possible diversification benefits within a given portfolio. CRH PLC returns are very sensitive to returns on the market. As the market goes up or down, CRH PLC is expected to follow. CRH PLC ADR now shows a risk of 1.3%. Please confirm CRH PLC ADR downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if CRH PLC ADR will be following its price patterns.
Auto-correlation | 0.77 |
Good predictability
CRH PLC ADR has good predictability. Overlapping area represents the amount of predictability between CRH PLC time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 CRH PLC ADR price movement. The serial correlation of 0.77 indicates that around 77.0% of current CRH PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 86.44 |
CRH PLC ADR lagged returns against current returns
Autocorrelation, which is CRH PLC 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 CRH PLC's stock expected returns. We can calculate the autocorrelation of CRH PLC returns to help us make a trade decision. For example, suppose you find that CRH PLC 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 |
CRH PLC 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 CRH PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CRH PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CRH PLC stock over time.
Current vs Lagged Prices |
| Timeline |
CRH PLC Lagged Returns
When evaluating CRH PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CRH PLC stock have on its future price. CRH PLC 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, CRH PLC autocorrelation shows the relationship between CRH PLC stock current value and its past values and can show if there is a momentum factor associated with investing in CRH PLC ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether CRH PLC ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CRH PLC'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 Crh Plc Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crh Plc Adr Stock:Check out CRH PLC Correlation, CRH PLC Volatility and CRH PLC Alpha and Beta module to complement your research on CRH PLC. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
CRH PLC 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.