Crawford Company Stock Market Value
| CRD-B Stock | USD 11.12 0.08 0.72% |
| Symbol | Crawford |
Crawford Price To Book Ratio
Crawford '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 Crawford'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 Crawford.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Crawford on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Crawford Company or generate 0.0% return on investment in Crawford over 30 days. Crawford is related to or competes with CorVel Corp, Erie Indemnity, Willis Towers, Huize Holding, EHealth, Crawford, and Brown Brown. Crawford Company provides claims management and outsourcing solutions for carriers, brokers, and corporations in the Uni... More
Crawford 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 Crawford'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 Crawford Company upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.72 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.01 |
Crawford Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crawford's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crawford's standard deviation. In reality, there are many statistical measures that can use Crawford historical prices to predict the future Crawford's volatility.| Risk Adjusted Performance | 1.0E-4 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.02) |
Crawford Backtested Returns
At this point, Crawford is not too volatile. Crawford secures Sharpe Ratio (or Efficiency) of 0.0254, which signifies that the company had a 0.0254% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Crawford Company, which you can use to evaluate the volatility of the firm. Please confirm Crawford's mean deviation of 1.65, and Risk Adjusted Performance of 1.0E-4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0555%. Crawford has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.42, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Crawford will likely underperform. Crawford right now shows a risk of 2.18%. Please confirm Crawford coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Crawford will be following its price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Crawford Company has very weak reverse predictability. Overlapping area represents the amount of predictability between Crawford time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Crawford price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Crawford price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Crawford lagged returns against current returns
Autocorrelation, which is Crawford 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 Crawford's stock expected returns. We can calculate the autocorrelation of Crawford returns to help us make a trade decision. For example, suppose you find that Crawford 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 |
Crawford 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 Crawford stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crawford stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crawford stock over time.
Current vs Lagged Prices |
| Timeline |
Crawford Lagged Returns
When evaluating Crawford's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crawford stock have on its future price. Crawford 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, Crawford autocorrelation shows the relationship between Crawford stock current value and its past values and can show if there is a momentum factor associated with investing in Crawford Company.
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.Other Information on Investing in Crawford Stock
Crawford financial ratios help investors to determine whether Crawford Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Crawford with respect to the benefits of owning Crawford security.