Contextlogic Stock Market Value
| LOGC Stock | USD 6.84 0.10 1.48% |
| Symbol | Contextlogic |
Contextlogic Price To Book Ratio
Is Broadline Retail 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 Contextlogic. If investors know Contextlogic 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 Contextlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.67) | Revenue Per Share | Quarterly Revenue Growth (0.91) | Return On Assets | Return On Equity |
The market value of Contextlogic is measured differently than its book value, which is the value of Contextlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Contextlogic's value that differs from its market value or its book value, called intrinsic value, which is Contextlogic'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 Contextlogic's market value can be influenced by many factors that don't directly affect Contextlogic'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 Contextlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contextlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contextlogic'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.
Contextlogic '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 Contextlogic'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 Contextlogic.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Contextlogic on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Contextlogic or generate 0.0% return on investment in Contextlogic over 30 days. Contextlogic is related to or competes with Gentex, NETGEAR, Playstudios, Motorsport Gaming, Zhihu, Roblox Corp, and Modine Manufacturing. LogicBio Therapeutics, Inc., a genetic medicine company, focuses on developing and commercializing genome editing and ge... More
Contextlogic 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 Contextlogic'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 Contextlogic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0773 | |||
| Maximum Drawdown | 11.36 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 4.05 |
Contextlogic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Contextlogic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Contextlogic's standard deviation. In reality, there are many statistical measures that can use Contextlogic historical prices to predict the future Contextlogic's volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 0.2079 | |||
| Total Risk Alpha | 0.1398 | |||
| Sortino Ratio | 0.0824 | |||
| Treynor Ratio | 1.22 |
Contextlogic Backtested Returns
At this point, Contextlogic is somewhat reliable. Contextlogic secures Sharpe Ratio (or Efficiency) of 0.0552, which signifies that the company had a 0.0552 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Contextlogic, which you can use to evaluate the volatility of the firm. Please confirm Contextlogic's Risk Adjusted Performance of 0.0841, downside deviation of 2.27, and Mean Deviation of 1.94 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Contextlogic has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Contextlogic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Contextlogic is expected to be smaller as well. Contextlogic right now shows a risk of 2.5%. Please confirm Contextlogic semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Contextlogic will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Contextlogic has weak reverse predictability. Overlapping area represents the amount of predictability between Contextlogic time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Contextlogic price movement. The serial correlation of -0.22 indicates that over 22.0% of current Contextlogic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Contextlogic lagged returns against current returns
Autocorrelation, which is Contextlogic 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 Contextlogic's stock expected returns. We can calculate the autocorrelation of Contextlogic returns to help us make a trade decision. For example, suppose you find that Contextlogic 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 |
Contextlogic 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 Contextlogic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Contextlogic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Contextlogic stock over time.
Current vs Lagged Prices |
| Timeline |
Contextlogic Lagged Returns
When evaluating Contextlogic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Contextlogic stock have on its future price. Contextlogic 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, Contextlogic autocorrelation shows the relationship between Contextlogic stock current value and its past values and can show if there is a momentum factor associated with investing in Contextlogic.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Contextlogic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contextlogic'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 Contextlogic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contextlogic Stock:Check out Contextlogic Correlation, Contextlogic Volatility and Contextlogic Alpha and Beta module to complement your research on Contextlogic. For information on how to trade Contextlogic Stock refer to our How to Trade Contextlogic Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Contextlogic 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.