Cardlytics Stock Market Value
CDLX Stock | USD 14.49 0.15 1.02% |
Symbol | Cardlytics |
Cardlytics Price To Book Ratio
Is Cardlytics' 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 Cardlytics. If investors know Cardlytics 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 Cardlytics 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 (0.57) | Earnings Share (3.69) | Revenue Per Share 8.474 | Quarterly Revenue Growth 0.081 | Return On Assets (0.06) |
The market value of Cardlytics is measured differently than its book value, which is the value of Cardlytics that is recorded on the company's balance sheet. Investors also form their own opinion of Cardlytics' value that differs from its market value or its book value, called intrinsic value, which is Cardlytics' 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 Cardlytics' market value can be influenced by many factors that don't directly affect Cardlytics' 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 Cardlytics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cardlytics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cardlytics' 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.
Cardlytics '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 Cardlytics' 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 Cardlytics.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Cardlytics on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cardlytics or generate 0.0% return on investment in Cardlytics over 30 days. Cardlytics is related to or competes with Mediaco Holding, IQIYI, Sea, Scienjoy Holding, Grupo Televisa, Dolphin Entertainment, and MGO Global. Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom More
Cardlytics 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 Cardlytics' 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 Cardlytics upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 7.62 | |||
Information Ratio | 0.0984 | |||
Maximum Drawdown | 109.88 | |||
Value At Risk | (8.58) | |||
Potential Upside | 15.21 |
Cardlytics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cardlytics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cardlytics' standard deviation. In reality, there are many statistical measures that can use Cardlytics historical prices to predict the future Cardlytics' volatility.Risk Adjusted Performance | 0.0702 | |||
Jensen Alpha | 0.9556 | |||
Total Risk Alpha | (1.44) | |||
Sortino Ratio | 0.1609 | |||
Treynor Ratio | 0.4253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cardlytics' 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.
Cardlytics Backtested Returns
Cardlytics is relatively risky given 3 months investment horizon. Cardlytics secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.4% are justified by taking the suggested risk. Use Cardlytics Mean Deviation of 6.85, downside deviation of 7.62, and Risk Adjusted Performance of 0.0702 to evaluate company specific risk that cannot be diversified away. Cardlytics holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.17, 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, Cardlytics will likely underperform. Use Cardlytics maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to analyze future returns on Cardlytics.
Auto-correlation | -0.22 |
Weak reverse predictability
Cardlytics has weak reverse predictability. Overlapping area represents the amount of predictability between Cardlytics time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Cardlytics price movement. The serial correlation of -0.22 indicates that over 22.0% of current Cardlytics price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.22 | |
Spearman Rank Test | -0.08 | |
Residual Average | 0.0 | |
Price Variance | 9.21 |
Cardlytics lagged returns against current returns
Autocorrelation, which is Cardlytics 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 Cardlytics' stock expected returns. We can calculate the autocorrelation of Cardlytics returns to help us make a trade decision. For example, suppose you find that Cardlytics 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 |
Cardlytics 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 Cardlytics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cardlytics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cardlytics stock over time.
Current vs Lagged Prices |
Timeline |
Cardlytics Lagged Returns
When evaluating Cardlytics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cardlytics stock have on its future price. Cardlytics 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, Cardlytics autocorrelation shows the relationship between Cardlytics stock current value and its past values and can show if there is a momentum factor associated with investing in Cardlytics.
Regressed Prices |
Timeline |
Pair Trading with Cardlytics
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 Cardlytics 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 Cardlytics will appreciate offsetting losses from the drop in the long position's value.Moving against Cardlytics Stock
0.73 | WMG | Warner Music Group Financial Report 14th of May 2024 | PairCorr |
0.67 | EVC | Entravision Communications Financial Report 2nd of May 2024 | PairCorr |
0.64 | IAS | Integral Ad Science Buyout Trend | PairCorr |
0.52 | ABTS | Abits Group Symbol Change | PairCorr |
0.43 | RSVRW | Reservoir Media Mana | PairCorr |
The ability to find closely correlated positions to Cardlytics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cardlytics 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 Cardlytics - 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 Cardlytics to buy it.
The correlation of Cardlytics 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 Cardlytics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cardlytics 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 Cardlytics 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 Cardlytics Correlation, Cardlytics Volatility and Cardlytics Alpha and Beta module to complement your research on Cardlytics. For more information on how to buy Cardlytics Stock please use our How to Invest in Cardlytics guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Cardlytics Stock analysis
When running Cardlytics' price analysis, check to measure Cardlytics' 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 Cardlytics is operating at the current time. Most of Cardlytics' value examination focuses on studying past and present price action to predict the probability of Cardlytics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cardlytics' price. Additionally, you may evaluate how the addition of Cardlytics to your portfolios can decrease your overall portfolio volatility.
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Cardlytics 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.