Constellium Nv Stock Market Value
| CSTM Stock | USD 12.48 0.22 1.79% |
| Symbol | Constellium |
Constellium Nv Price To Book Ratio
Is Metals & Mining 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 Constellium. If investors know Constellium 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 Constellium 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 (0.97) | Earnings Share 0.71 | Revenue Per Share 46.315 | Quarterly Revenue Growth (0.05) | Return On Assets 0.034 |
The market value of Constellium Nv is measured differently than its book value, which is the value of Constellium that is recorded on the company's balance sheet. Investors also form their own opinion of Constellium's value that differs from its market value or its book value, called intrinsic value, which is Constellium'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 Constellium's market value can be influenced by many factors that don't directly affect Constellium'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 Constellium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellium'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.
Constellium '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 Constellium'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 Constellium.
| 11/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Constellium on November 9, 2023 and sell it all today you would earn a total of 0.00 from holding Constellium Nv or generate 0.0% return on investment in Constellium over 390 days. Constellium is related to or competes with Century Aluminum, Alcoa Corp, China Hongqiao, Norsk Hydro, and Kaiser Aluminum. Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and ext... More
Constellium 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 Constellium'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 Constellium Nv upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 33.72 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 4.76 |
Constellium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Constellium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Constellium's standard deviation. In reality, there are many statistical measures that can use Constellium historical prices to predict the future Constellium's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Constellium'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.
Constellium Nv Backtested Returns
Constellium Nv secures Sharpe Ratio (or Efficiency) of -0.0642, which signifies that the company had a -0.0642% return per unit of risk over the last 3 months. Constellium Nv exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Constellium's Risk Adjusted Performance of (0.05), standard deviation of 4.26, and Mean Deviation of 2.33 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.16, 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, Constellium will likely underperform. At this point, Constellium Nv has a negative expected return of -0.28%. Please make sure to confirm Constellium's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Constellium Nv performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Constellium Nv has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Constellium time series from 9th of November 2023 to 22nd of May 2024 and 22nd of May 2024 to 3rd 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 Constellium Nv price movement. The serial correlation of -0.71 indicates that around 71.0% of current Constellium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 9.21 |
Constellium Nv lagged returns against current returns
Autocorrelation, which is Constellium 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 Constellium's stock expected returns. We can calculate the autocorrelation of Constellium returns to help us make a trade decision. For example, suppose you find that Constellium 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 |
Constellium 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 Constellium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Constellium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Constellium stock over time.
Current vs Lagged Prices |
| Timeline |
Constellium Lagged Returns
When evaluating Constellium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Constellium stock have on its future price. Constellium 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, Constellium autocorrelation shows the relationship between Constellium stock current value and its past values and can show if there is a momentum factor associated with investing in Constellium Nv.
Regressed Prices |
| Timeline |
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Constellium 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.