Csp Inc Stock Market Value

CSPI Stock  USD 18.46  0.31  1.65%   
CSP's market value is the price at which a share of CSP trades on a public exchange. It measures the collective expectations of CSP Inc investors about its performance. CSP is trading at 18.46 as of the 28th of March 2024. This is a -1.65 percent down since the beginning of the trading day. The stock's open price was 18.77.
With this module, you can estimate the performance of a buy and hold strategy of CSP Inc and determine expected loss or profit from investing in CSP over a given investment horizon. Check out CSP Correlation, CSP Volatility and CSP Alpha and Beta module to complement your research on CSP.
Symbol

Is CSP's industry 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 CSP. If investors know CSP 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 CSP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CSP Inc is measured differently than its book value, which is the value of CSP that is recorded on the company's balance sheet. Investors also form their own opinion of CSP's value that differs from its market value or its book value, called intrinsic value, which is CSP'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 CSP's market value can be influenced by many factors that don't directly affect CSP'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 CSP's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSP'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.

CSP '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 CSP'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 CSP.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in CSP on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding CSP Inc or generate 0.0% return on investment in CSP over 30 days. CSP is related to or competes with NextTrip, Clarivate Plc, JPMorgan Chase, Deckers Outdoor, Thinkific Labs, WALMART, and General Electric. CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network ad... More

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

CSP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CSP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CSP's standard deviation. In reality, there are many statistical measures that can use CSP historical prices to predict the future CSP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CSP'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.
Hype
Prediction
LowEstimatedHigh
7.3115.4923.67
Details
Intrinsic
Valuation
LowRealHigh
6.7914.9723.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CSP. Your research has to be compared to or analyzed against CSP's peers to derive any actionable benefits. When done correctly, CSP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CSP Inc.

CSP Inc Backtested Returns

CSP is slightly risky given 3 months investment horizon. CSP Inc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use CSP mean deviation of 5.25, and Risk Adjusted Performance of 0.0995 to evaluate company specific risk that cannot be diversified away. CSP holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning CSP are expected to decrease by larger amounts. On the other hand, during market turmoil, CSP is expected to outperform it. Use CSP semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on CSP.

Auto-correlation

    
  0.45  

Average predictability

CSP Inc has average predictability. Overlapping area represents the amount of predictability between CSP time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 CSP Inc price movement. The serial correlation of 0.45 indicates that just about 45.0% of current CSP price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.13
Residual Average0.0
Price Variance1.05

CSP Inc lagged returns against current returns

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

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

CSP Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CSP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CSP's short interest history, or implied volatility extrapolated from CSP options trading.

Pair Trading with CSP

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 CSP 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 CSP will appreciate offsetting losses from the drop in the long position's value.

Moving together with CSP Stock

  0.84FI Fiserv Inc Symbol ChangePairCorr
  0.62IT Gartner Financial Report 7th of May 2024 PairCorr
  0.75KD Kyndryl Holdings Financial Report 21st of May 2024 PairCorr
  0.73MGIC Magic Software Enter Financial Report 16th of May 2024 PairCorr

Moving against CSP Stock

  0.79CLVT-PA Clarivate PlcPairCorr
  0.58VNET VNET Group DRC Financial Report 22nd of May 2024 PairCorr
  0.46DMRC DigimarcPairCorr
The ability to find closely correlated positions to CSP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSP 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 CSP - 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 CSP Inc to buy it.
The correlation of CSP 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 CSP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSP Inc 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 CSP 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.
Pair CorrelationCorrelation Matching
When determining whether CSP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSP'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 Csp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csp Inc Stock:
Check out CSP Correlation, CSP Volatility and CSP Alpha and Beta module to complement your research on CSP.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running CSP's price analysis, check to measure CSP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSP is operating at the current time. Most of CSP's value examination focuses on studying past and present price action to predict the probability of CSP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSP's price. Additionally, you may evaluate how the addition of CSP to your portfolios can decrease your overall portfolio volatility.
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CSP 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.
A focus of CSP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CSP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...