Ch Robinson Worldwide Stock Market Value
| CHRW Stock | USD 70.76 0.46 0.65% |
| Symbol | CHRW |
CH Robinson Worldwide Price To Book Ratio
Is CH Robinson'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 CH Robinson. If investors know CHRW 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 CH Robinson 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 (0.68) | Earnings Share 2.72 | Revenue Per Share 148.429 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0595 |
The market value of CH Robinson Worldwide is measured differently than its book value, which is the value of CHRW that is recorded on the company's balance sheet. Investors also form their own opinion of CH Robinson's value that differs from its market value or its book value, called intrinsic value, which is CH Robinson'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 CH Robinson's market value can be influenced by many factors that don't directly affect CH Robinson'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 CH Robinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if CH Robinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CH Robinson'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.
CH Robinson '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 CH Robinson'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 CH Robinson.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in CH Robinson on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding CH Robinson Worldwide or generate 0.0% return on investment in CH Robinson over 60 days. CH Robinson is related to or competes with JB Hunt, Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, and 70082LAB3. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services and logistics solutio... More
CH Robinson 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 CH Robinson'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 CH Robinson Worldwide upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 14.17 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.05 |
CH Robinson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CH Robinson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CH Robinson's standard deviation. In reality, there are many statistical measures that can use CH Robinson historical prices to predict the future CH Robinson's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.47) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CH Robinson'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.
CH Robinson Worldwide Backtested Returns
CH Robinson Worldwide retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the company had a -0.12% return per unit of price deviation over the last 3 months. CH Robinson exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CH Robinson's Information Ratio of (0.16), variance of 4.67, and Market Risk Adjusted Performance of (0.46) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CH Robinson's returns are expected to increase less than the market. However, during the bear market, the loss of holding CH Robinson is expected to be smaller as well. CH Robinson Worldwide has an expected return of -0.27%. Please make sure to confirm CH Robinson Worldwide total risk alpha, as well as the relationship between the kurtosis and market facilitation index , to decide if CH Robinson Worldwide performance from the past will be repeated sooner or later.
Auto-correlation | -0.17 |
Insignificant reverse predictability
CH Robinson Worldwide has insignificant reverse predictability. Overlapping area represents the amount of predictability between CH Robinson time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 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 CH Robinson Worldwide price movement. The serial correlation of -0.17 indicates that over 17.0% of current CH Robinson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.79 |
CH Robinson Worldwide lagged returns against current returns
Autocorrelation, which is CH Robinson 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 CH Robinson's stock expected returns. We can calculate the autocorrelation of CH Robinson returns to help us make a trade decision. For example, suppose you find that CH Robinson 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 |
CH Robinson 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 CH Robinson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CH Robinson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CH Robinson stock over time.
Current vs Lagged Prices |
| Timeline |
CH Robinson Lagged Returns
When evaluating CH Robinson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CH Robinson stock have on its future price. CH Robinson 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, CH Robinson autocorrelation shows the relationship between CH Robinson stock current value and its past values and can show if there is a momentum factor associated with investing in CH Robinson Worldwide.
Regressed Prices |
| Timeline |
CH Robinson Investors Sentiment
The influence of CH Robinson's 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 CHRW. 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 CH Robinson's public news can be used to forecast risks associated with an investment in CHRW. The trend in average sentiment can be used to explain how an investor holding CHRW can time the market purely based on public headlines and social activities around CH Robinson Worldwide. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CH Robinson's 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 CH Robinson's 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 CH Robinson's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CH Robinson.
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 CH Robinson 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, CH Robinson's short interest history, or implied volatility extrapolated from CH Robinson options trading.
Pair Trading with CH Robinson
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 CH Robinson 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 CH Robinson will appreciate offsetting losses from the drop in the long position's value.Moving together with CHRW Stock
| 0.77 | EXPD | Expeditors International Sell-off Trend | PairCorr |
Moving against CHRW Stock
| 0.67 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.66 | CRGOW | Freightos Limited | PairCorr |
| 0.64 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
| 0.54 | ZTO | ZTO Express Financial Report 15th of May 2024 | PairCorr |
| 0.52 | AIRT | Air T Inc | PairCorr |
The ability to find closely correlated positions to CH Robinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CH Robinson 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 CH Robinson - 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 CH Robinson Worldwide to buy it.
The correlation of CH Robinson 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 CH Robinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CH Robinson Worldwide 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 CH Robinson 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 CH Robinson Correlation, CH Robinson Volatility and CH Robinson Alpha and Beta module to complement your research on CH Robinson. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for CHRW Stock analysis
When running CH Robinson's price analysis, check to measure CH Robinson'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 CH Robinson is operating at the current time. Most of CH Robinson's value examination focuses on studying past and present price action to predict the probability of CH Robinson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CH Robinson's price. Additionally, you may evaluate how the addition of CH Robinson to your portfolios can decrease your overall portfolio volatility.
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CH Robinson 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.