The company's average rating is Buy from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Crane market sentiment investors' perception of the future value of Crane. Let us look at a few aspects of Crane technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Crane Company. In general, sophisticated investors focus on analyzing Crane stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Crane's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Crane's intrinsic value. In addition to deriving basic predictive indicators for Crane, many experienced traders also check how macroeconomic factors affect Crane price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Crane'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crane. Your research has to be compared to or analyzed against Crane's peers to derive any actionable benefits. When done correctly, Crane's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Crane Company.
How does Crane Stands against Peers?
Analyzing Crane competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Crane across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Crane Competition DetailsCrane Gross Profit
Crane Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Crane previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Crane Gross Profit growth over the last 10 years. Please check Crane's
gross profit and other
fundamental indicators for more details.
Closer look at Crane Downside Variance
Crane Co has current Downside Variance of 3.48. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Downside Variance | = | SUM(RET DEV)2 N(ER) |
| = | 3.48 |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Let's now compare Crane Downside Variance to its closest peers:
Crane is estimated to stay under $82 in February
Latest value at risk is at -2.63. Crane Co has relatively low volatility with skewness of 1.81 and kurtosis of 6.37. However, we advise all investors to independently investigate Crane Co to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.
Our Conclusion on Crane
While many of the other players under the specialty industrial machinery industry are still a bit expensive, Crane may offer a potential longer-term growth to retail investors. In closing, as of the 25th of January 2021, our analysis shows that Crane slowly supersedes the market. The enterprise is
fairly valued and projects
below average probability of distress for the next 2 years. Our concluding 30 days advice on the enterprise is
Strong Buy.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Crane Company. Please refer to our
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