Chargepoint Stock Story

CHPT
 Stock
  

USD 16.88  1.22  6.74%   

Chargepoint Hldgs is currently generating 0.0685% in daily expected returns and assumes 5.7446% risk (volatility on return distribution) over the 60 days horizon. While some risk-loving traders are indifferent towards current market volatility, it is reasonable to review the risk of investing in Chargepoint Hldgs. We will evaluate if Chargepoint Hldgs' current volatility will continue into June.
Published over two months ago
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Chargepoint Hldgs (NYSE:CHPT) high volatility trend continues

The company currently holds 29.25 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest Chargepoint Hldgs is not taking enough advantage from borrowing. Chargepoint Hldgs has a current ratio of 2.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Chargepoint Hldgs until it has trouble settling it off, either with new capital or with free cash flow. So, Chargepoint Hldgs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chargepoint Hldgs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chargepoint to invest in growth at high rates of return. When we think about Chargepoint Hldgs' use of debt, we should always consider it together with cash and equity.
The firm shows a Beta (market volatility) of 1.9501, which signifies a somewhat significant risk relative to the market. Let's try to break down what Chargepoint's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Chargepoint Hldgs will likely underperform. Although it is extremely important to respect Chargepoint Hldgs historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Chargepoint Hldgs technical indicators, you can presently evaluate if the expected return of 0.0685% will be sustainable into the future. Chargepoint Hldgs right now shows a risk of 5.74%. Please confirm Chargepoint Hldgs coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Chargepoint Hldgs will be following its price patterns.
Volatility is a rate at which the price of Chargepoint Hldgs or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Chargepoint Hldgs may increase or decrease. In other words, similar to Chargepoint's beta indicator, it measures the risk of Chargepoint Hldgs and helps estimate the fluctuations that may happen in a short period of time. So if prices of Chargepoint Hldgs fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Chargepoint Hldgs's Liquidity

Chargepoint Hldgs financial leverage refers to using borrowed capital as a funding source to finance Chargepoint Hldgs ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Chargepoint Hldgs financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Chargepoint Hldgs's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Chargepoint Hldgs, but it might be worth checking our own buy vs. sell analysis

Chargepoint Hldgs Volatility Drivers

Chargepoint Hldgs unsystematic risk is unique to Chargepoint Hldgs and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Chargepoint Hldgs you can also buy The Original Bark. You can also mitigate this risk by investing in the specialty retail sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Chargepoint Hldgs important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Chargepoint Hldgs income statement and balance sheet. Here are more details about Chargepoint volatility.
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