CryoLife (Germany) Market Value

CYL Stock  EUR 26.65  0.10  0.37%   
CryoLife's market value is the price at which a share of CryoLife trades on a public exchange. It measures the collective expectations of CryoLife investors about its performance. CryoLife is trading at 26.65 as of the 22nd of December 2024. This is a 0.37 percent decrease since the beginning of the trading day. The stock's lowest day price was 26.65.
With this module, you can estimate the performance of a buy and hold strategy of CryoLife and determine expected loss or profit from investing in CryoLife over a given investment horizon. Check out CryoLife Correlation, CryoLife Volatility and CryoLife Alpha and Beta module to complement your research on CryoLife.
Symbol

Please note, there is a significant difference between CryoLife's value and its price as these two are different measures arrived at by different means. Investors typically determine if CryoLife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CryoLife'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.

CryoLife '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 CryoLife'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 CryoLife.
0.00
11/22/2024
No Change 0.00  0.0 
In 30 days
12/22/2024
0.00
If you would invest  0.00  in CryoLife on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding CryoLife or generate 0.0% return on investment in CryoLife over 30 days. CryoLife is related to or competes with Abbott Laboratories, Abbott Laboratories, Medtronic PLC, Stryker, Boston Scientific, Siemens Healthineers, and Edwards Lifesciences. CryoLife, Inc., together with its subsidiaries, manufactures, processes, and distributes medical devices and implantable... More

CryoLife 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 CryoLife'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 CryoLife upside and downside potential and time the market with a certain degree of confidence.

CryoLife Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CryoLife's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CryoLife's standard deviation. In reality, there are many statistical measures that can use CryoLife historical prices to predict the future CryoLife's volatility.
Hype
Prediction
LowEstimatedHigh
24.9426.6528.36
Details
Intrinsic
Valuation
LowRealHigh
23.9930.9032.61
Details
Naive
Forecast
LowNextHigh
23.9125.6227.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.4927.5228.54
Details

CryoLife Backtested Returns

CryoLife appears to be very steady, given 3 months investment horizon. CryoLife secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for CryoLife, which you can use to evaluate the volatility of the firm. Please makes use of CryoLife's Risk Adjusted Performance of 0.1289, downside deviation of 1.41, and Mean Deviation of 1.32 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CryoLife holds a performance score of 12. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CryoLife's returns are expected to increase less than the market. However, during the bear market, the loss of holding CryoLife is expected to be smaller as well. Please check CryoLife's semi variance, daily balance of power, and the relationship between the potential upside and skewness , to make a quick decision on whether CryoLife's price patterns will revert.

Auto-correlation

    
  -0.62  

Very good reverse predictability

CryoLife has very good reverse predictability. Overlapping area represents the amount of predictability between CryoLife time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 CryoLife price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current CryoLife price fluctuation can be explain by its past prices.
Correlation Coefficient-0.62
Spearman Rank Test-0.55
Residual Average0.0
Price Variance0.29

CryoLife lagged returns against current returns

Autocorrelation, which is CryoLife 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 CryoLife's stock expected returns. We can calculate the autocorrelation of CryoLife returns to help us make a trade decision. For example, suppose you find that CryoLife 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  

CryoLife 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 CryoLife stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CryoLife stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CryoLife stock over time.
   Current vs Lagged Prices   
       Timeline  

CryoLife Lagged Returns

When evaluating CryoLife's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CryoLife stock have on its future price. CryoLife 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, CryoLife autocorrelation shows the relationship between CryoLife stock current value and its past values and can show if there is a momentum factor associated with investing in CryoLife.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in CryoLife Stock

CryoLife financial ratios help investors to determine whether CryoLife Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CryoLife with respect to the benefits of owning CryoLife security.