Cheetah Mobile Stock Market Value
| CMCM Stock | USD 3.96 0.10 2.46% |
| Symbol | Cheetah |
Cheetah Mobile Price To Book Ratio
Is Cheetah Mobile's 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 Cheetah Mobile. If investors know Cheetah 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 Cheetah Mobile 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 (0.99) | Earnings Share (2.83) | Revenue Per Share 22.732 | Quarterly Revenue Growth (0.37) | Return On Assets (0.02) |
The market value of Cheetah Mobile is measured differently than its book value, which is the value of Cheetah that is recorded on the company's balance sheet. Investors also form their own opinion of Cheetah Mobile's value that differs from its market value or its book value, called intrinsic value, which is Cheetah Mobile's 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 Cheetah Mobile's market value can be influenced by many factors that don't directly affect Cheetah Mobile's 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 Cheetah Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheetah Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheetah Mobile's 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.
Cheetah Mobile '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 Cheetah Mobile's 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 Cheetah Mobile.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Cheetah Mobile on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Cheetah Mobile or generate 0.0% return on investment in Cheetah Mobile over 30 days. Cheetah Mobile is related to or competes with Snap, Fiverr International, Spotify Technology, Baidu, Pinterest, Meta Platforms, and Alphabet. Cheetah Mobile Inc. operates as an internet company in the Peoples Republic of China, the United States, Japan, and inte... More
Cheetah Mobile 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 Cheetah Mobile's 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 Cheetah Mobile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.62 | |||
| Information Ratio | 0.1769 | |||
| Maximum Drawdown | 36.94 | |||
| Value At Risk | (5.04) | |||
| Potential Upside | 10.51 |
Cheetah Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheetah Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cheetah Mobile's standard deviation. In reality, there are many statistical measures that can use Cheetah Mobile historical prices to predict the future Cheetah Mobile's volatility.| Risk Adjusted Performance | 0.1292 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.3237 | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | 2.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cheetah Mobile'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.
Cheetah Mobile Backtested Returns
Cheetah Mobile is very risky given 3 months investment horizon. Cheetah Mobile 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. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.21% are justified by taking the suggested risk. Use Cheetah Mobile risk adjusted performance of 0.1292, and Mean Deviation of 4.03 to evaluate company specific risk that cannot be diversified away. Cheetah Mobile holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cheetah Mobile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cheetah Mobile is expected to be smaller as well. Use Cheetah Mobile potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Cheetah Mobile.
Auto-correlation | -0.43 |
Modest reverse predictability
Cheetah Mobile has modest reverse predictability. Overlapping area represents the amount of predictability between Cheetah Mobile time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 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 Cheetah Mobile price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Cheetah Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Cheetah Mobile lagged returns against current returns
Autocorrelation, which is Cheetah Mobile 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 Cheetah Mobile's stock expected returns. We can calculate the autocorrelation of Cheetah Mobile returns to help us make a trade decision. For example, suppose you find that Cheetah Mobile 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 |
Cheetah Mobile 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 Cheetah Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cheetah Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cheetah Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
Cheetah Mobile Lagged Returns
When evaluating Cheetah Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cheetah Mobile stock have on its future price. Cheetah Mobile 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, Cheetah Mobile autocorrelation shows the relationship between Cheetah Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in Cheetah Mobile.
Regressed Prices |
| Timeline |
Pair Trading with Cheetah Mobile
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 Cheetah Mobile 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 Cheetah Mobile will appreciate offsetting losses from the drop in the long position's value.Moving against Cheetah Stock
| 0.82 | Z | Zillow Group Class Earnings Call This Week | PairCorr |
| 0.74 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
| 0.72 | GENI | Genius Sports Financial Report 14th of May 2024 | PairCorr |
| 0.62 | SLE | Super League Enterprise Symbol Change | PairCorr |
| 0.61 | ZH | Zhihu Inc ADR | PairCorr |
The ability to find closely correlated positions to Cheetah Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheetah Mobile 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 Cheetah Mobile - 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 Cheetah Mobile to buy it.
The correlation of Cheetah Mobile 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 Cheetah Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheetah Mobile 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 Cheetah Mobile 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 Cheetah Mobile Correlation, Cheetah Mobile Volatility and Cheetah Mobile Alpha and Beta module to complement your research on Cheetah Mobile. To learn how to invest in Cheetah Stock, please use our How to Invest in Cheetah Mobile guide.Note that the Cheetah Mobile information on this page should be used as a complementary analysis to other Cheetah Mobile's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Cheetah Stock analysis
When running Cheetah Mobile's price analysis, check to measure Cheetah Mobile's 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 Cheetah Mobile is operating at the current time. Most of Cheetah Mobile's value examination focuses on studying past and present price action to predict the probability of Cheetah Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheetah Mobile's price. Additionally, you may evaluate how the addition of Cheetah Mobile to your portfolios can decrease your overall portfolio volatility.
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Cheetah Mobile 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.