Callaway Golf Stock Market Value
| MODG Stock | USD 6.17 0.03 0.49% |
| Symbol | Callaway |
Callaway Golf Price To Book Ratio
Is Leisure Products 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 Callaway Golf. If investors know Callaway 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 Callaway Golf 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 (0.46) | Earnings Share (7.88) | Revenue Per Share | Quarterly Revenue Growth 0.03 | Return On Assets |
The market value of Callaway Golf is measured differently than its book value, which is the value of Callaway that is recorded on the company's balance sheet. Investors also form their own opinion of Callaway Golf's value that differs from its market value or its book value, called intrinsic value, which is Callaway Golf'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 Callaway Golf's market value can be influenced by many factors that don't directly affect Callaway Golf'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 Callaway Golf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Callaway Golf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Callaway Golf'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.
Callaway Golf '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 Callaway Golf'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 Callaway Golf.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Callaway Golf on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Callaway Golf or generate 0.0% return on investment in Callaway Golf over 90 days. Callaway Golf is related to or competes with Johnson Outdoors, YETI Holdings, Xponential Fitness, Acushnet Holdings, Life Time, Planet Fitness, and Six Flags. Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other acc... More
Callaway Golf 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 Callaway Golf'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 Callaway Golf upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 4.55 |
Callaway Golf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Callaway Golf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Callaway Golf's standard deviation. In reality, there are many statistical measures that can use Callaway Golf historical prices to predict the future Callaway Golf's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | 0.0948 | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Callaway Golf'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.
Callaway Golf Backtested Returns
Callaway Golf secures Sharpe Ratio (or Efficiency) of -0.0951, which signifies that the company had a -0.0951 % return per unit of risk over the last 3 months. Callaway Golf exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Callaway Golf's Mean Deviation of 2.67, standard deviation of 3.57, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Callaway Golf are expected to decrease at a much lower rate. During the bear market, Callaway Golf is likely to outperform the market. At this point, Callaway Golf has a negative expected return of -0.35%. Please make sure to confirm Callaway Golf's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Callaway Golf performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Callaway Golf has weak reverse predictability. Overlapping area represents the amount of predictability between Callaway Golf time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Callaway Golf price movement. The serial correlation of -0.21 indicates that over 21.0% of current Callaway Golf price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
Callaway Golf lagged returns against current returns
Autocorrelation, which is Callaway Golf 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 Callaway Golf's stock expected returns. We can calculate the autocorrelation of Callaway Golf returns to help us make a trade decision. For example, suppose you find that Callaway Golf 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 |
Callaway Golf 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 Callaway Golf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Callaway Golf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Callaway Golf stock over time.
Current vs Lagged Prices |
| Timeline |
Callaway Golf Lagged Returns
When evaluating Callaway Golf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Callaway Golf stock have on its future price. Callaway Golf 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, Callaway Golf autocorrelation shows the relationship between Callaway Golf stock current value and its past values and can show if there is a momentum factor associated with investing in Callaway Golf.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Callaway Golf is a strong investment it is important to analyze Callaway Golf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Callaway Golf's future performance. For an informed investment choice regarding Callaway Stock, refer to the following important reports:Check out Callaway Golf Correlation, Callaway Golf Volatility and Callaway Golf Alpha and Beta module to complement your research on Callaway Golf. For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Callaway Golf 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.