Criteo Sa Stock Market Value
| CRTO Stock | USD 40.78 1.56 3.68% |
| Symbol | Criteo |
Criteo Sa Price To Book Ratio
Is Advertising 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 Criteo Sa. If investors know Criteo 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 Criteo Sa 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 (0.08) | Earnings Share 1.71 | Revenue Per Share 35.282 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0484 |
The market value of Criteo Sa is measured differently than its book value, which is the value of Criteo that is recorded on the company's balance sheet. Investors also form their own opinion of Criteo Sa's value that differs from its market value or its book value, called intrinsic value, which is Criteo Sa'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 Criteo Sa's market value can be influenced by many factors that don't directly affect Criteo Sa'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 Criteo Sa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Criteo Sa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Criteo Sa'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.
Criteo Sa '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 Criteo Sa'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 Criteo Sa.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Criteo Sa on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Criteo Sa or generate 0.0% return on investment in Criteo Sa over 180 days. Criteo Sa is related to or competes with Deluxe, Emerald Expositions, Marchex, Integral, Cimpress, QuinStreet, and Interpublic Group. Criteo S.A., a technology company, provides marketing and monetization services on the open Internet in North and South ... More
Criteo Sa 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 Criteo Sa'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 Criteo Sa upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 26.95 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 3.92 |
Criteo Sa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Criteo Sa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Criteo Sa's standard deviation. In reality, there are many statistical measures that can use Criteo Sa historical prices to predict the future Criteo Sa's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Criteo Sa'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.
Criteo Sa Backtested Returns
Criteo Sa secures Sharpe Ratio (or Efficiency) of -0.0203, which signifies that the company had a -0.0203% return per unit of risk over the last 3 months. Criteo Sa exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Criteo Sa's Mean Deviation of 1.96, standard deviation of 3.52, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Criteo Sa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Criteo Sa is expected to be smaller as well. At this point, Criteo Sa has a negative expected return of -0.0709%. Please make sure to confirm Criteo Sa's maximum drawdown, as well as the relationship between the accumulation distribution and price action indicator , to decide if Criteo Sa performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Criteo Sa has very good reverse predictability. Overlapping area represents the amount of predictability between Criteo Sa 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 Criteo Sa price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Criteo Sa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 8.87 |
Criteo Sa lagged returns against current returns
Autocorrelation, which is Criteo Sa 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 Criteo Sa's stock expected returns. We can calculate the autocorrelation of Criteo Sa returns to help us make a trade decision. For example, suppose you find that Criteo Sa 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 |
Criteo Sa 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 Criteo Sa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Criteo Sa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Criteo Sa stock over time.
Current vs Lagged Prices |
| Timeline |
Criteo Sa Lagged Returns
When evaluating Criteo Sa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Criteo Sa stock have on its future price. Criteo Sa 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, Criteo Sa autocorrelation shows the relationship between Criteo Sa stock current value and its past values and can show if there is a momentum factor associated with investing in Criteo Sa.
Regressed Prices |
| Timeline |
Pair Trading with Criteo Sa
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 Criteo Sa 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 Criteo Sa will appreciate offsetting losses from the drop in the long position's value.Moving against Criteo Stock
| 0.7 | EVC | Entravision Communications | PairCorr |
| 0.58 | EDR | Endeavor Group Holdings | PairCorr |
| 0.54 | FOXA | Fox Corp Class | PairCorr |
| 0.53 | TV | Grupo Televisa SAB | PairCorr |
| 0.52 | SE | Sea Potential Growth | PairCorr |
The ability to find closely correlated positions to Criteo Sa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Criteo Sa 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 Criteo Sa - 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 Criteo Sa to buy it.
The correlation of Criteo Sa 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 Criteo Sa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Criteo Sa 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 Criteo Sa 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.Check out Criteo Sa Correlation, Criteo Sa Volatility and Criteo Sa Alpha and Beta module to complement your research on Criteo Sa. To learn how to invest in Criteo Stock, please use our How to Invest in Criteo Sa guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Criteo Sa 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.