Kartoon Studios, Stock Market Value
| TOON Stock | 0.51 0.01 2.00% |
| Symbol | Kartoon |
Kartoon Studios, Price To Book Ratio
Is Movies & Entertainment 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 Kartoon Studios,. If investors know Kartoon 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 Kartoon Studios, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 0.925 | Quarterly Revenue Growth (0.24) | Return On Assets (0.11) | Return On Equity (0.82) |
The market value of Kartoon Studios, is measured differently than its book value, which is the value of Kartoon that is recorded on the company's balance sheet. Investors also form their own opinion of Kartoon Studios,'s value that differs from its market value or its book value, called intrinsic value, which is Kartoon Studios,'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 Kartoon Studios,'s market value can be influenced by many factors that don't directly affect Kartoon Studios,'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 Kartoon Studios,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Kartoon Studios, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kartoon Studios,'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.
Kartoon Studios, '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 Kartoon Studios,'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 Kartoon Studios,.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Kartoon Studios, on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Kartoon Studios, or generate 0.0% return on investment in Kartoon Studios, over 30 days. Kartoon Studios, is related to or competes with Verra Mobility, Sun Country, Ryanair Holdings, Volaris, Yuexiu Transport, Bridgford Foods, and Air Transport. Kartoon Studios, is entity of United States More
Kartoon Studios, 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 Kartoon Studios,'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 Kartoon Studios, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 26.26 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 4.05 |
Kartoon Studios, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kartoon Studios,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kartoon Studios,'s standard deviation. In reality, there are many statistical measures that can use Kartoon Studios, historical prices to predict the future Kartoon Studios,'s volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (0.77) |
Kartoon Studios, Backtested Returns
Kartoon Studios, has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Kartoon Studios, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kartoon Studios,'s Risk Adjusted Performance of (0.13), standard deviation of 3.72, and Mean Deviation of 2.49 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.92, which conveys possible diversification benefits within a given portfolio. Kartoon Studios, returns are very sensitive to returns on the market. As the market goes up or down, Kartoon Studios, is expected to follow. At this point, Kartoon Studios, has a negative expected return of -0.72%. Please make sure to verify Kartoon Studios,'s treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Kartoon Studios, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.92 |
Excellent predictability
Kartoon Studios, has excellent predictability. Overlapping area represents the amount of predictability between Kartoon Studios, time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Kartoon Studios, price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Kartoon Studios, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kartoon Studios, lagged returns against current returns
Autocorrelation, which is Kartoon Studios, 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 Kartoon Studios,'s stock expected returns. We can calculate the autocorrelation of Kartoon Studios, returns to help us make a trade decision. For example, suppose you find that Kartoon Studios, 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 |
Kartoon Studios, 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 Kartoon Studios, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kartoon Studios, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kartoon Studios, stock over time.
Current vs Lagged Prices |
| Timeline |
Kartoon Studios, Lagged Returns
When evaluating Kartoon Studios,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kartoon Studios, stock have on its future price. Kartoon Studios, 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, Kartoon Studios, autocorrelation shows the relationship between Kartoon Studios, stock current value and its past values and can show if there is a momentum factor associated with investing in Kartoon Studios,.
Regressed Prices |
| Timeline |
Pair Trading with Kartoon Studios,
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 Kartoon Studios, 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 Kartoon Studios, will appreciate offsetting losses from the drop in the long position's value.Moving against Kartoon Stock
| 0.84 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.76 | SE | Sea | PairCorr |
| 0.75 | RSVR | Reservoir Media | PairCorr |
| 0.74 | DIS | Walt Disney | PairCorr |
| 0.72 | OB | Outbrain | PairCorr |
The ability to find closely correlated positions to Kartoon Studios, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kartoon Studios, 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 Kartoon Studios, - 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 Kartoon Studios, to buy it.
The correlation of Kartoon Studios, 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 Kartoon Studios, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kartoon Studios, 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 Kartoon Studios, 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 Kartoon Studios, Correlation, Kartoon Studios, Volatility and Kartoon Studios, Alpha and Beta module to complement your research on Kartoon Studios,. To learn how to invest in Kartoon Stock, please use our How to Invest in Kartoon Studios, guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Kartoon Studios, 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.