C3 Ai Inc Stock Market Value
AI Stock | USD 22.33 0.76 3.52% |
Symbol | C3 Ai |
C3 Ai Inc Price To Book Ratio
Is C3 Ai'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 C3 Ai. If investors know C3 Ai 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 C3 Ai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.33) | Revenue Per Share 2.536 | Quarterly Revenue Growth 0.176 | Return On Assets (0.18) | Return On Equity (0.29) |
The market value of C3 Ai Inc is measured differently than its book value, which is the value of C3 Ai that is recorded on the company's balance sheet. Investors also form their own opinion of C3 Ai's value that differs from its market value or its book value, called intrinsic value, which is C3 Ai'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 C3 Ai's market value can be influenced by many factors that don't directly affect C3 Ai'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 C3 Ai's value and its price as these two are different measures arrived at by different means. Investors typically determine if C3 Ai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, C3 Ai'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.
C3 Ai '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 C3 Ai'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 C3 Ai.
03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in C3 Ai on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding C3 Ai Inc or generate 0.0% return on investment in C3 Ai over 30 days. C3 Ai is related to or competes with Autodesk, Intuit, Zoom Video, Snowflake, Workday, Shopify, and Salesforce. C3.ai, Inc. operates as an enterprise artificial intelligence software company in North America, Europe, the Middle East... More
C3 Ai 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 C3 Ai'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 C3 Ai Inc upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.03) | |||
Maximum Drawdown | 32.77 | |||
Value At Risk | (5.85) | |||
Potential Upside | 7.84 |
C3 Ai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for C3 Ai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as C3 Ai's standard deviation. In reality, there are many statistical measures that can use C3 Ai historical prices to predict the future C3 Ai's volatility.Risk Adjusted Performance | 0.0012 | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of C3 Ai'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.
C3 Ai Inc Backtested Returns
C3 Ai Inc retains Efficiency (Sharpe Ratio) of -0.0206, which signifies that the company had a -0.0206% return per unit of price deviation over the last 3 months. C3 Ai exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm C3 Ai's Market Risk Adjusted Performance of (0.01), information ratio of (0.03), and Variance of 23.02 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 3.22, 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, C3 Ai will likely underperform. C3 Ai Inc has an expected return of -0.0993%. Please make sure to confirm C3 Ai Inc maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if C3 Ai Inc performance from the past will be repeated sooner or later.
Auto-correlation | 0.95 |
Excellent predictability
C3 Ai Inc has excellent predictability. Overlapping area represents the amount of predictability between C3 Ai time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 C3 Ai Inc price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current C3 Ai price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.95 | |
Spearman Rank Test | 0.87 | |
Residual Average | 0.0 | |
Price Variance | 3.05 |
C3 Ai Inc lagged returns against current returns
Autocorrelation, which is C3 Ai 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 C3 Ai's stock expected returns. We can calculate the autocorrelation of C3 Ai returns to help us make a trade decision. For example, suppose you find that C3 Ai 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 |
C3 Ai 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 C3 Ai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if C3 Ai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in C3 Ai stock over time.
Current vs Lagged Prices |
Timeline |
C3 Ai Lagged Returns
When evaluating C3 Ai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of C3 Ai stock have on its future price. C3 Ai 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, C3 Ai autocorrelation shows the relationship between C3 Ai stock current value and its past values and can show if there is a momentum factor associated with investing in C3 Ai Inc.
Regressed Prices |
Timeline |
Pair Trading with C3 Ai
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 C3 Ai 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 C3 Ai will appreciate offsetting losses from the drop in the long position's value.Moving against C3 Ai Stock
0.42 | NOGWQ | Nogin Inc | PairCorr |
The ability to find closely correlated positions to C3 Ai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace C3 Ai 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 C3 Ai - 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 C3 Ai Inc to buy it.
The correlation of C3 Ai 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 C3 Ai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if C3 Ai 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 C3 Ai 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 C3 Ai Correlation, C3 Ai Volatility and C3 Ai Alpha and Beta module to complement your research on C3 Ai. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for C3 Ai Stock analysis
When running C3 Ai's price analysis, check to measure C3 Ai'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 C3 Ai is operating at the current time. Most of C3 Ai's value examination focuses on studying past and present price action to predict the probability of C3 Ai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C3 Ai's price. Additionally, you may evaluate how the addition of C3 Ai to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Stocks Directory Find actively traded stocks across global markets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
C3 Ai 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.