Consolidated Communications Stock Market Value

CNSL Stock  USD 4.33  0.03  0.70%   
Consolidated Communications' market value is the price at which a share of Consolidated Communications trades on a public exchange. It measures the collective expectations of Consolidated Communications investors about its performance. Consolidated Communications is selling for 4.33 as of the 28th of March 2024. This is a 0.70 percent up since the beginning of the trading day. The stock's lowest day price was 4.31.
With this module, you can estimate the performance of a buy and hold strategy of Consolidated Communications and determine expected loss or profit from investing in Consolidated Communications over a given investment horizon. Check out Consolidated Communications Correlation, Consolidated Communications Volatility and Consolidated Communications Alpha and Beta module to complement your research on Consolidated Communications.
For more information on how to buy Consolidated Stock please use our How to buy in Consolidated Stock guide.
Symbol

Consolidated Communications Price To Book Ratio

Is Consolidated Communications' 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 Consolidated Communications. If investors know Consolidated 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 Consolidated Communications 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
54.822
Earnings Share
(2.60)
Revenue Per Share
9.816
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.01)
The market value of Consolidated Communications is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Communications' value that differs from its market value or its book value, called intrinsic value, which is Consolidated Communications' 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 Consolidated Communications' market value can be influenced by many factors that don't directly affect Consolidated Communications' 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 Consolidated Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Communications' 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.

Consolidated Communications '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 Consolidated Communications' 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 Consolidated Communications.
0.00
01/28/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/28/2024
0.00
If you would invest  0.00  in Consolidated Communications on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Consolidated Communications or generate 0.0% return on investment in Consolidated Communications over 60 days. Consolidated Communications is related to or competes with Airspan Networks, VEON, and America Movil. Consolidated Communications Holdings, Inc., together with its subsidiaries, provides broadband and business communicatio... More

Consolidated Communications 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 Consolidated Communications' 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 Consolidated Communications upside and downside potential and time the market with a certain degree of confidence.

Consolidated Communications Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Consolidated Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Consolidated Communications' standard deviation. In reality, there are many statistical measures that can use Consolidated Communications historical prices to predict the future Consolidated Communications' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consolidated Communications' 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
3.534.335.13
Details
Intrinsic
Valuation
LowRealHigh
3.334.134.93
Details
Naive
Forecast
LowNextHigh
3.564.365.16
Details
3 Analysts
Consensus
LowTargetHigh
3.533.884.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Consolidated Communications. Your research has to be compared to or analyzed against Consolidated Communications' peers to derive any actionable benefits. When done correctly, Consolidated Communications' 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 Consolidated Communications.

Consolidated Communications Backtested Returns

Consolidated Communications secures Sharpe Ratio (or Efficiency) of -0.0055, which signifies that the company had a -0.0055% return per unit of risk over the last 3 months. Consolidated Communications exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Consolidated Communications' Mean Deviation of 0.5247, standard deviation of 0.8263, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Consolidated Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Consolidated Communications is expected to be smaller as well. Consolidated Communications has an expected return of -0.0044%. Please make sure to confirm Consolidated Communications potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Consolidated Communications performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

Consolidated Communications has very weak reverse predictability. Overlapping area represents the amount of predictability between Consolidated Communications time series from 28th of January 2024 to 27th of February 2024 and 27th of February 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 Consolidated Communications price movement. The serial correlation of -0.03 indicates that only 3.0% of current Consolidated Communications price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test-0.35
Residual Average0.0
Price Variance0.0

Consolidated Communications lagged returns against current returns

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

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

Consolidated Communications Lagged Returns

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

Pair Trading with Consolidated Communications

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

Moving against Consolidated Stock

  0.74META Meta Platforms Sell-off TrendPairCorr
  0.73SE Sea Financial Report 21st of May 2024 PairCorr
  0.71KT KT Corporation Financial Report 22nd of May 2024 PairCorr
  0.6MGNI Magnite Financial Report 8th of May 2024 PairCorr
  0.56T ATT Inc Aggressive PushPairCorr
The ability to find closely correlated positions to Consolidated Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Communications 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 Consolidated Communications - 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 Consolidated Communications to buy it.
The correlation of Consolidated Communications 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 Consolidated Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Communications 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 Consolidated Communications 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 Consolidated Communications is a strong investment it is important to analyze Consolidated Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Communications' future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Consolidated Communications Correlation, Consolidated Communications Volatility and Consolidated Communications Alpha and Beta module to complement your research on Consolidated Communications.
For more information on how to buy Consolidated Stock please use our How to buy in Consolidated Stock 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 Consolidated Stock analysis

When running Consolidated Communications' price analysis, check to measure Consolidated Communications' 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 Consolidated Communications is operating at the current time. Most of Consolidated Communications' value examination focuses on studying past and present price action to predict the probability of Consolidated Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Communications' price. Additionally, you may evaluate how the addition of Consolidated Communications to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Positions Ratings
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
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Consolidated Communications 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 Consolidated Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Consolidated Communications 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...