Capri Holdings Stock Market Value
| CPRI Stock | USD 36.71 0.25 0.68% |
| Symbol | Capri |
Capri Holdings Price To Book Ratio
Is Capri Holdings' 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 Capri Holdings. If investors know Capri 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 Capri Holdings 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 (0.49) | Earnings Share 1.92 | Revenue Per Share 44.552 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0361 |
The market value of Capri Holdings is measured differently than its book value, which is the value of Capri that is recorded on the company's balance sheet. Investors also form their own opinion of Capri Holdings' value that differs from its market value or its book value, called intrinsic value, which is Capri Holdings' 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 Capri Holdings' market value can be influenced by many factors that don't directly affect Capri Holdings' 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 Capri Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capri Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capri Holdings' 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.
Capri Holdings '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 Capri Holdings' 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 Capri Holdings.
| 04/10/2024 |
| 05/10/2024 |
If you would invest 0.00 in Capri Holdings on April 10, 2024 and sell it all today you would earn a total of 0.00 from holding Capri Holdings or generate 0.0% return on investment in Capri Holdings over 30 days. Capri Holdings is related to or competes with Fossil, Signet Jewelers, Movado, Envela Corp, Brilliant Earth, MYT Netherlands, and Birks. Capri Holdings Limited designs, markets, distributes, and retails branded womens and mens apparel, footwear, and accesso... More
Capri Holdings 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 Capri Holdings' 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 Capri Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 7.13 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 1.85 |
Capri Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Capri Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Capri Holdings' standard deviation. In reality, there are many statistical measures that can use Capri Holdings historical prices to predict the future Capri Holdings' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (2.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Capri Holdings' 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.
Capri Holdings Backtested Returns
Capri Holdings secures Sharpe Ratio (or Efficiency) of -0.29, which signifies that the company had a -0.29% return per unit of risk over the last 3 months. Capri Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Capri Holdings' Standard Deviation of 1.44, risk adjusted performance of (0.15), and Mean Deviation of 1.01 to double-check the risk estimate we provide. 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, Capri Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Capri Holdings is expected to be smaller as well. Capri Holdings has an expected return of -0.41%. Please make sure to confirm Capri Holdings potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Capri Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Capri Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Capri Holdings time series from 10th of April 2024 to 25th of April 2024 and 25th of April 2024 to 10th of May 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 Capri Holdings price movement. The serial correlation of -0.72 indicates that around 72.0% of current Capri Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Capri Holdings lagged returns against current returns
Autocorrelation, which is Capri Holdings 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 Capri Holdings' stock expected returns. We can calculate the autocorrelation of Capri Holdings returns to help us make a trade decision. For example, suppose you find that Capri Holdings 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 |
Capri Holdings 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 Capri Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Capri Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Capri Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Capri Holdings Lagged Returns
When evaluating Capri Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Capri Holdings stock have on its future price. Capri Holdings 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, Capri Holdings autocorrelation shows the relationship between Capri Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Capri Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Capri Holdings
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 Capri Holdings 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 Capri Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Capri Stock
| 0.63 | AS | Amer Sports | PairCorr |
| 0.61 | BC | Brunswick | PairCorr |
| 0.61 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.7 | UA | Under Armour C | PairCorr |
Moving against Capri Stock
| 0.83 | FEBO | Fenbo Holdings | PairCorr |
| 0.82 | VSTO | Vista Outdoor | PairCorr |
| 0.41 | DOOO | BRP Inc Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Capri Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capri Holdings 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 Capri Holdings - 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 Capri Holdings to buy it.
The correlation of Capri Holdings 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 Capri Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capri Holdings 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 Capri Holdings 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 Capri Holdings Correlation, Capri Holdings Volatility and Capri Holdings Alpha and Beta module to complement your research on Capri Holdings. For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Capri Stock analysis
When running Capri Holdings' price analysis, check to measure Capri Holdings' 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 Capri Holdings is operating at the current time. Most of Capri Holdings' value examination focuses on studying past and present price action to predict the probability of Capri Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capri Holdings' price. Additionally, you may evaluate how the addition of Capri Holdings to your portfolios can decrease your overall portfolio volatility.
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Capri Holdings 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.