Casper Story

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CSPR -- USA Stock  

USD 6.67  0.48  7.75%

Lets try to sum up the odds of Casper Sleep to fully recover from the latest fall as its shares went up 12.58%. This firm's current daily volatility is 3.77 percent, with a beta of 0.01 and an alpha of -0.4 over DOW. While some of us are getting more passionate about saving accounts, it makes sense to sum up Casper Sleep in greater detail to make a better estimate of its volatility. We will evaluate why we are still optimistic in anticipation of a recovery.
Published over two weeks ago
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Breaking down Casper Sleep (NYSE:CSPR) volatility fall
Casper Sleep currently holds roughly 98.22 M in cash with (65.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Casper Sleep has an asset utilization ratio of 217.81 percent. This connotes that the company is making $2.18 for each dollar of assets. An increasing asset utilization means that Casper Sleep is more efficient with each dollar of assets it utilizes for everyday operations.
Investing in Casper Sleep, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Casper Sleep along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Casper Sleep's Liquidity

Casper Sleep financial leverage refers to using borrowed capital as a funding source to finance Casper Sleep ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Casper Sleep 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 Casper Sleep'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 Casper Sleep, but it might be worth checking our own buy vs. sell analysis

Casper Sleep Correlation with Peers

Investors in Casper can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Casper Sleep. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Casper Sleep and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Casper is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Casper for more details

What is driving Casper Sleep Investor Appetite?

Casper Sleep secures Sharpe Ratio (or Efficiency) of -0.0286, which signifies that the company had -0.0286% of return per unit of risk over the last month. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Casper Sleep exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Casper Sleep mean deviation of 2.76, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
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Over 3 percent spike for Casper Sleep. What does it mean for retail investors?

Latest potential upside is at 5.83. Casper Sleep exhibits very low volatility with skewness of 0.42 and kurtosis of 0.13. However, we advise investors to further study Casper Sleep technical indicators to make sure all market info is available and is reliable.

The Bottom Line

While few other entities in the furnishings, fixtures & appliances industry are either recovering or due for a correction, Casper may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Casper valuation and our trade advice on Casper Sleep is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Casper Sleep.

About Contributor

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 Raphi Shpitalnik do not own shares of Casper Sleep. Please refer to our Terms of Use for any information regarding our disclosure principles.

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