Cedar Fair Lp Stock Market Value
| FUN Stock | USD 38.64 0.76 1.93% |
| Symbol | Cedar |
Cedar Fair LP Price To Book Ratio
Is Cedar Fair'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 Cedar Fair. If investors know Cedar 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 Cedar Fair 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 (0.28) | Dividend Share 1.2 | Earnings Share 2.42 | Revenue Per Share 35.311 | Quarterly Revenue Growth 0.014 |
The market value of Cedar Fair LP is measured differently than its book value, which is the value of Cedar that is recorded on the company's balance sheet. Investors also form their own opinion of Cedar Fair's value that differs from its market value or its book value, called intrinsic value, which is Cedar Fair'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 Cedar Fair's market value can be influenced by many factors that don't directly affect Cedar Fair'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 Cedar Fair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cedar Fair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cedar Fair'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.
Cedar Fair '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 Cedar Fair'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 Cedar Fair.
| 01/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in Cedar Fair on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Cedar Fair LP or generate 0.0% return on investment in Cedar Fair over 90 days. Cedar Fair is related to or competes with Planet Fitness, Mattel, Six Flags, Johnson Outdoors, Acushnet Holdings, OneSpaWorld Holdings, and Escalade Incorporated. Cedar Fair, L.P. owns and operates amusement and water parks, and complementary resort facilities in the United States a... More
Cedar Fair 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 Cedar Fair'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 Cedar Fair LP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.18 |
Cedar Fair Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cedar Fair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cedar Fair's standard deviation. In reality, there are many statistical measures that can use Cedar Fair historical prices to predict the future Cedar Fair's volatility.| Risk Adjusted Performance | 0.0038 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| 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 Cedar Fair'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.
Cedar Fair LP Backtested Returns
Cedar Fair LP secures Sharpe Ratio (or Efficiency) of -0.001, which signifies that the company had a -0.001% return per unit of standard deviation over the last 3 months. Cedar Fair LP exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cedar Fair's risk adjusted performance of 0.0038, and Mean Deviation of 1.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cedar Fair's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cedar Fair is expected to be smaller as well. Cedar Fair LP has an expected return of -0.0014%. Please make sure to confirm Cedar Fair LP total risk alpha, as well as the relationship between the skewness and day median price , to decide if Cedar Fair LP performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Cedar Fair LP has poor reverse predictability. Overlapping area represents the amount of predictability between Cedar Fair time series from 18th of January 2024 to 3rd of March 2024 and 3rd of March 2024 to 17th 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 Cedar Fair LP price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Cedar Fair price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
Cedar Fair LP lagged returns against current returns
Autocorrelation, which is Cedar Fair 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 Cedar Fair's stock expected returns. We can calculate the autocorrelation of Cedar Fair returns to help us make a trade decision. For example, suppose you find that Cedar Fair 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 |
Cedar Fair 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 Cedar Fair stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cedar Fair stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cedar Fair stock over time.
Current vs Lagged Prices |
| Timeline |
Cedar Fair Lagged Returns
When evaluating Cedar Fair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cedar Fair stock have on its future price. Cedar Fair 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, Cedar Fair autocorrelation shows the relationship between Cedar Fair stock current value and its past values and can show if there is a momentum factor associated with investing in Cedar Fair LP.
Regressed Prices |
| Timeline |
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When running Cedar Fair's price analysis, check to measure Cedar Fair'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 Cedar Fair is operating at the current time. Most of Cedar Fair's value examination focuses on studying past and present price action to predict the probability of Cedar Fair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cedar Fair's price. Additionally, you may evaluate how the addition of Cedar Fair to your portfolios can decrease your overall portfolio volatility.
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Cedar Fair 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.