Cosan Sa Adr Stock Market Value
| CSAN Stock | USD 10.02 0.25 2.43% |
| Symbol | Cosan |
Cosan SA ADR Price To Book Ratio
Is Oil & Gas Refining & Marketing space 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 Cosan SA. If investors know Cosan 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 Cosan SA 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 1.389 | Earnings Share 0.73 | Revenue Per Share 85.048 | Quarterly Revenue Growth 0.023 | Return On Assets 0.0345 |
The market value of Cosan SA ADR is measured differently than its book value, which is the value of Cosan that is recorded on the company's balance sheet. Investors also form their own opinion of Cosan SA's value that differs from its market value or its book value, called intrinsic value, which is Cosan SA'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 Cosan SA's market value can be influenced by many factors that don't directly affect Cosan SA'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 Cosan SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cosan SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cosan SA'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.
Cosan SA '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 Cosan SA'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 Cosan SA.
| 05/08/2024 |
| 06/07/2024 |
If you would invest 0.00 in Cosan SA on May 8, 2024 and sell it all today you would earn a total of 0.00 from holding Cosan SA ADR or generate 0.0% return on investment in Cosan SA over 30 days. Cosan SA is related to or competes with Delek Energy, Crossamerica Partners, Par Pacific, Valvoline, Star Gas, Sinopec Shanghai, and Neste Oyj. Cosan S.A., through its subsidiaries, primarily engages in the fuel distribution business in Brazil, Europe, Latin Ameri... More
Cosan SA 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 Cosan SA'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 Cosan SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 2.44 |
Cosan SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cosan SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cosan SA's standard deviation. In reality, there are many statistical measures that can use Cosan SA historical prices to predict the future Cosan SA's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cosan SA'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.
Cosan SA ADR Backtested Returns
Cosan SA ADR secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Cosan SA ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cosan SA's Mean Deviation of 1.4, standard deviation of 1.77, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.1, which signifies a somewhat significant risk relative to the market. Cosan SA returns are very sensitive to returns on the market. As the market goes up or down, Cosan SA is expected to follow. At this point, Cosan SA ADR has a negative expected return of -0.4%. Please make sure to confirm Cosan SA's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Cosan SA ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Cosan SA ADR has average predictability. Overlapping area represents the amount of predictability between Cosan SA time series from 8th of May 2024 to 23rd of May 2024 and 23rd of May 2024 to 7th of June 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 Cosan SA ADR price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Cosan SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Cosan SA ADR lagged returns against current returns
Autocorrelation, which is Cosan SA 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 Cosan SA's stock expected returns. We can calculate the autocorrelation of Cosan SA returns to help us make a trade decision. For example, suppose you find that Cosan SA 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 |
Cosan SA 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 Cosan SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cosan SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cosan SA stock over time.
Current vs Lagged Prices |
| Timeline |
Cosan SA Lagged Returns
When evaluating Cosan SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cosan SA stock have on its future price. Cosan SA 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, Cosan SA autocorrelation shows the relationship between Cosan SA stock current value and its past values and can show if there is a momentum factor associated with investing in Cosan SA ADR.
Regressed Prices |
| Timeline |
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When determining whether Cosan SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cosan SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cosan Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cosan Sa Adr Stock:Check out Cosan SA Correlation, Cosan SA Volatility and Cosan SA Alpha and Beta module to complement your research on Cosan SA. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Cosan SA 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.