Chart Industries Stock Market Value
| GTLS Stock | USD 152.95 0.57 0.37% |
| Symbol | Chart |
Chart Industries Price To Book Ratio
Is Chart Industries' 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 Chart Industries. If investors know Chart 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 Chart Industries 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 (0.86) | Earnings Share 0.45 | Revenue Per Share 79.878 | Quarterly Revenue Growth 1.299 | Return On Assets 0.0362 |
The market value of Chart Industries is measured differently than its book value, which is the value of Chart that is recorded on the company's balance sheet. Investors also form their own opinion of Chart Industries' value that differs from its market value or its book value, called intrinsic value, which is Chart Industries' 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 Chart Industries' market value can be influenced by many factors that don't directly affect Chart Industries' 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 Chart Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chart Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chart Industries' 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.
Chart Industries '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 Chart Industries' 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 Chart Industries.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Chart Industries on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Chart Industries or generate 0.0% return on investment in Chart Industries over 360 days. Chart Industries is related to or competes with Hurco Companies, Enerpac Tool, China Yuchai, Luxfer Holdings, Omega Flex, Gorman Rupp, and Kadant. Chart Industries, Inc. manufactures and sells engineered equipment for the energy and industrial gas industries worldwid... More
Chart Industries 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 Chart Industries' 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 Chart Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.082 | |||
| Maximum Drawdown | 15.58 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 4.3 |
Chart Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chart Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chart Industries' standard deviation. In reality, there are many statistical measures that can use Chart Industries historical prices to predict the future Chart Industries' volatility.| Risk Adjusted Performance | 0.0784 | |||
| Jensen Alpha | 0.1468 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0893 | |||
| Treynor Ratio | 0.151 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chart Industries' 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.
Chart Industries Backtested Returns
Chart Industries appears to be very steady, given 3 months investment horizon. Chart Industries secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. By analyzing Chart Industries' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Chart Industries' mean deviation of 2.18, and Risk Adjusted Performance of 0.0784 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Chart Industries holds a performance score of 15. The firm shows a Beta (market volatility) of 2.23, 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, Chart Industries will likely underperform. Please check Chart Industries' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Chart Industries' price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Chart Industries has below average predictability. Overlapping area represents the amount of predictability between Chart Industries time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th 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 Chart Industries price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Chart Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 183.6 |
Chart Industries lagged returns against current returns
Autocorrelation, which is Chart Industries 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 Chart Industries' stock expected returns. We can calculate the autocorrelation of Chart Industries returns to help us make a trade decision. For example, suppose you find that Chart Industries 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 |
Chart Industries 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 Chart Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chart Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chart Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Chart Industries Lagged Returns
When evaluating Chart Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chart Industries stock have on its future price. Chart Industries 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, Chart Industries autocorrelation shows the relationship between Chart Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Chart Industries.
Regressed Prices |
| Timeline |
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Complementary Tools for Chart Stock analysis
When running Chart Industries' price analysis, check to measure Chart Industries' 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 Chart Industries is operating at the current time. Most of Chart Industries' value examination focuses on studying past and present price action to predict the probability of Chart Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chart Industries' price. Additionally, you may evaluate how the addition of Chart Industries to your portfolios can decrease your overall portfolio volatility.
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Chart Industries 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.