Carlisle Companies Incorporated Stock Market Value
| CSL Stock | USD 375.30 4.03 1.06% |
| Symbol | Carlisle |
Carlisle Companies Price To Book Ratio
Is Carlisle Companies' 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 Carlisle Companies. If investors know Carlisle 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 Carlisle Companies 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 0.245 | Dividend Share 3.2 | Earnings Share 14.22 | Revenue Per Share 91.922 | Quarterly Revenue Growth (0.02) |
The market value of Carlisle Companies is measured differently than its book value, which is the value of Carlisle that is recorded on the company's balance sheet. Investors also form their own opinion of Carlisle Companies' value that differs from its market value or its book value, called intrinsic value, which is Carlisle Companies' 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 Carlisle Companies' market value can be influenced by many factors that don't directly affect Carlisle Companies' 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 Carlisle Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carlisle Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carlisle Companies' 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.
Carlisle Companies '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 Carlisle Companies' 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 Carlisle Companies.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Carlisle Companies on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Carlisle Companies Incorporated or generate 0.0% return on investment in Carlisle Companies over 30 days. Carlisle Companies is related to or competes with Lennox International, Fortune Brands, Trane Technologies, Johnson Controls, Masco, Quanex Building, and Jeld Wen. Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Euro... More
Carlisle Companies 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 Carlisle Companies' 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 Carlisle Companies Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1458 | |||
| Maximum Drawdown | 10.54 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.44 |
Carlisle Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlisle Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carlisle Companies' standard deviation. In reality, there are many statistical measures that can use Carlisle Companies historical prices to predict the future Carlisle Companies' volatility.| Risk Adjusted Performance | 0.1342 | |||
| Jensen Alpha | 0.2057 | |||
| Total Risk Alpha | 0.0997 | |||
| Sortino Ratio | 0.1581 | |||
| Treynor Ratio | 0.2408 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Carlisle Companies' 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.
Carlisle Companies Backtested Returns
Carlisle Companies appears to be very steady, given 3 months investment horizon. Carlisle Companies secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carlisle Companies Incorporated, which you can use to evaluate the volatility of the firm. Please makes use of Carlisle Companies' Risk Adjusted Performance of 0.1342, downside deviation of 1.48, and Mean Deviation of 1.16 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Carlisle Companies holds a performance score of 15. The firm shows a Beta (market volatility) of 1.32, 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, Carlisle Companies will likely underperform. Please check Carlisle Companies' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Carlisle Companies' price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Carlisle Companies Incorporated has very good reverse predictability. Overlapping area represents the amount of predictability between Carlisle Companies time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Carlisle Companies price movement. The serial correlation of -0.7 indicates that around 70.0% of current Carlisle Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 51.36 |
Carlisle Companies lagged returns against current returns
Autocorrelation, which is Carlisle Companies 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 Carlisle Companies' stock expected returns. We can calculate the autocorrelation of Carlisle Companies returns to help us make a trade decision. For example, suppose you find that Carlisle Companies 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 |
Carlisle Companies 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 Carlisle Companies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carlisle Companies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carlisle Companies stock over time.
Current vs Lagged Prices |
| Timeline |
Carlisle Companies Lagged Returns
When evaluating Carlisle Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carlisle Companies stock have on its future price. Carlisle Companies 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, Carlisle Companies autocorrelation shows the relationship between Carlisle Companies stock current value and its past values and can show if there is a momentum factor associated with investing in Carlisle Companies Incorporated.
Regressed Prices |
| Timeline |
Carlisle Companies Investors Sentiment
The influence of Carlisle Companies' 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 Carlisle. 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 Carlisle Companies' public news can be used to forecast risks associated with an investment in Carlisle. The trend in average sentiment can be used to explain how an investor holding Carlisle can time the market purely based on public headlines and social activities around Carlisle Companies Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carlisle Companies' 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 Carlisle Companies' 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 Carlisle Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carlisle Companies.
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 Carlisle Companies 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, Carlisle Companies' short interest history, or implied volatility extrapolated from Carlisle Companies options trading.
Pair Trading with Carlisle Companies
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 Carlisle Companies 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 Carlisle Companies will appreciate offsetting losses from the drop in the long position's value.Moving together with Carlisle Stock
| 0.94 | NX | Quanex Building Products Financial Report 6th of June 2024 | PairCorr |
| 0.74 | OC | Owens Corning | PairCorr |
| 0.96 | TT | Trane Technologies plc Earnings Call This Week | PairCorr |
| 0.83 | DOOR | Masonite International Financial Report 13th of May 2024 | PairCorr |
| 0.66 | VKSC | Viskase Companies | PairCorr |
Moving against Carlisle Stock
| 0.44 | PPIH | Perma Pipe Internati Earnings Call Tomorrow | PairCorr |
| 0.43 | ROCK | Gibraltar Industries Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Carlisle Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carlisle Companies 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 Carlisle Companies - 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 Carlisle Companies Incorporated to buy it.
The correlation of Carlisle Companies 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 Carlisle Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carlisle Companies 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 Carlisle Companies 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 Carlisle Companies Correlation, Carlisle Companies Volatility and Carlisle Companies Alpha and Beta module to complement your research on Carlisle Companies. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Carlisle Stock analysis
When running Carlisle Companies' price analysis, check to measure Carlisle Companies' 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 Carlisle Companies is operating at the current time. Most of Carlisle Companies' value examination focuses on studying past and present price action to predict the probability of Carlisle Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlisle Companies' price. Additionally, you may evaluate how the addition of Carlisle Companies to your portfolios can decrease your overall portfolio volatility.
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Carlisle Companies 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.