Crocs Inc Stock Market Value
| CROX Stock | USD 121.08 1.75 1.47% |
| Symbol | Crocs |
Crocs Inc Price To Book Ratio
Is Crocs' 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 Crocs. If investors know Crocs 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 Crocs 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 0.891 | Earnings Share 12.79 | Revenue Per Share 64.548 | Quarterly Revenue Growth 0.016 | Return On Assets 0.1429 |
The market value of Crocs Inc is measured differently than its book value, which is the value of Crocs that is recorded on the company's balance sheet. Investors also form their own opinion of Crocs' value that differs from its market value or its book value, called intrinsic value, which is Crocs' 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 Crocs' market value can be influenced by many factors that don't directly affect Crocs' 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 Crocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crocs' 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.
Crocs '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 Crocs' 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 Crocs.
| 04/25/2023 |
| 04/19/2024 |
If you would invest 0.00 in Crocs on April 25, 2023 and sell it all today you would earn a total of 0.00 from holding Crocs Inc or generate 0.0% return on investment in Crocs over 360 days. Crocs is related to or competes with Designer Brands, and Adidas AG. Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle ... More
Crocs 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 Crocs' 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 Crocs Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.0969 | |||
| Maximum Drawdown | 15.63 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 3.1 |
Crocs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crocs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crocs' standard deviation. In reality, there are many statistical measures that can use Crocs historical prices to predict the future Crocs' volatility.| Risk Adjusted Performance | 0.0845 | |||
| Jensen Alpha | 0.1657 | |||
| Total Risk Alpha | 0.0638 | |||
| Sortino Ratio | 0.1209 | |||
| Treynor Ratio | 0.1317 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crocs' 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.
Crocs Inc Backtested Returns
Crocs appears to be very steady, given 3 months investment horizon. Crocs Inc secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Crocs Inc, which you can use to evaluate the volatility of the firm. Please makes use of Crocs' Risk Adjusted Performance of 0.0845, downside deviation of 1.98, and Mean Deviation of 1.77 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Crocs holds a performance score of 9. The firm shows a Beta (market volatility) of 2.27, 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, Crocs will likely underperform. Please check Crocs' maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Crocs' price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Crocs Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between Crocs time series from 25th of April 2023 to 22nd of October 2023 and 22nd of October 2023 to 19th 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 Crocs Inc price movement. The serial correlation of -0.81 indicates that around 81.0% of current Crocs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 295.56 |
Crocs Inc lagged returns against current returns
Autocorrelation, which is Crocs 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 Crocs' stock expected returns. We can calculate the autocorrelation of Crocs returns to help us make a trade decision. For example, suppose you find that Crocs 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 |
Crocs 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 Crocs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crocs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crocs stock over time.
Current vs Lagged Prices |
| Timeline |
Crocs Lagged Returns
When evaluating Crocs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crocs stock have on its future price. Crocs 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, Crocs autocorrelation shows the relationship between Crocs stock current value and its past values and can show if there is a momentum factor associated with investing in Crocs Inc.
Regressed Prices |
| Timeline |
Crocs Investors Sentiment
The influence of Crocs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crocs. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crocs' public news can be used to forecast risks associated with an investment in Crocs. The trend in average sentiment can be used to explain how an investor holding Crocs can time the market purely based on public headlines and social activities around Crocs Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crocs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crocs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crocs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crocs.
Crocs Implied Volatility | 209.79 |
Crocs' implied volatility exposes the market's sentiment of Crocs Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Crocs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Crocs stock will not fluctuate a lot when Crocs' options are near their expiration.
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 Crocs 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, Crocs' short interest history, or implied volatility extrapolated from Crocs options trading.
Pair Trading with Crocs
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 Crocs 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 Crocs will appreciate offsetting losses from the drop in the long position's value.Moving together with Crocs Stock
| 0.85 | BC | Brunswick Earnings Call This Week | PairCorr |
| 0.77 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.76 | DOGZ | Dogness International | PairCorr |
Moving against Crocs Stock
| 0.79 | VUZI | Vuzix Corp Cmn Financial Report 8th of May 2024 | PairCorr |
| 0.73 | VRA | Vera Bradley Financial Report 5th of June 2024 | PairCorr |
| 0.68 | FOSL | Fossil Group | PairCorr |
| 0.64 | UHG | United Homes Group | PairCorr |
| 0.63 | VEEE | Twin Vee Powercats | PairCorr |
The ability to find closely correlated positions to Crocs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crocs 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 Crocs - 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 Crocs Inc to buy it.
The correlation of Crocs 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 Crocs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crocs 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 Crocs 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 Crocs Correlation, Crocs Volatility and Crocs Alpha and Beta module to complement your research on Crocs. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Crocs Stock analysis
When running Crocs' price analysis, check to measure Crocs' 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 Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.
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Crocs 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.