Comcast Stock Market Value

CMCSA -  USA Stock  

USD 42.01  0.01  0.0238%

Comcast Corp's market value is the price at which a share of Comcast Corp stock trades on a public exchange. It measures the collective expectations of Comcast Corp A investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Comcast Corp A and determine expected loss or profit from investing in Comcast Corp over a given investment horizon. Continue to Comcast Corp Hype Analysis, Comcast Corp Correlation, Comcast Corp Valuation, Comcast Corp Volatility, as well as analyze Comcast Corp Alpha and Beta and Comcast Corp Performance.
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Is Comcast Corp'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 Comcast Corp. If investors know Comcast 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 Comcast Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Comcast Corp A is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Comcast Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.

Comcast Corp '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 Comcast Corp'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 Comcast Corp.
0.00
03/22/2022
No Change 0.00  0.0 
In 2 months and 2 days
05/21/2022
0.00
If you would invest  0.00  in Comcast Corp on March 22, 2022 and sell it all today you would earn a total of 0.00 from holding Comcast Corp A or generate 0.0% return on investment in Comcast Corp over 60 days. Comcast Corp is related to or competes with Allied Esports, and AMC Entertainment. Comcast Corporation operates as a media and technology company worldwide

Comcast Corp 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 Comcast Corp'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 Comcast Corp A upside and downside potential and time the market with a certain degree of confidence.

Comcast Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Comcast Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comcast Corp's standard deviation. In reality, there are many statistical measures that can use Comcast Corp historical prices to predict the future Comcast Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Comcast Corp'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 use the tools below to analyze the current value of Comcast Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
40.2842.0543.82
Details
Intrinsic
Valuation
LowReal ValueHigh
37.8152.5754.34
Details
Naive
Forecast
LowNext ValueHigh
43.5245.2947.06
Details
17 Analysts
Consensus
LowTarget PriceHigh
46.0062.1775.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Comcast Corp. Your research has to be compared to or analyzed against Comcast Corp's peers to derive any actionable benefits. When done correctly, Comcast Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Comcast Corp A.

Comcast Corp A Backtested Returns

Comcast Corp A secures Sharpe Ratio (or Efficiency) of -0.0842, which signifies that the company had -0.0842% of return per unit of risk over the last 3 months. 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. Comcast Corp A exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Comcast Corp A risk adjusted performance of (0.13), and Mean Deviation of 1.3 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.7397, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Comcast's beta means in this case. As returns on the market increase, Comcast Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Comcast Corp will be expected to be smaller as well. Even though it is essential to pay attention to Comcast Corp A historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Comcast Corp A exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Comcast Corp A has an expected return of -0.15%. Please be advised to confirm Comcast Corp A potential upside, accumulation distribution, and the relationship between the treynor ratio and expected short fall to decide if Comcast Corp A performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.55  

Good reverse predictability

Comcast Corp A has good reverse predictability. Overlapping area represents the amount of predictability between Comcast Corp time series from 22nd of March 2022 to 21st of April 2022 and 21st of April 2022 to 21st of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Comcast Corp A price movement. The serial correlation of -0.55 indicates that about 55.0% of current Comcast Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.55
Spearman Rank Test-0.15
Residual Average0.0
Price Variance4.23

Comcast Corp A lagged returns against current returns

Autocorrelation, which is Comcast Corp 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 Comcast Corp's stock expected returns. We can calculate the autocorrelation of Comcast Corp returns to help us make a trade decision. For example, suppose you find that Comcast Corp stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Comcast Corp 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 Comcast Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comcast Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comcast Corp stock over time.
 Current vs Lagged Prices 
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Comcast Corp Lagged Returns

When evaluating Comcast Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comcast Corp stock have on its future price. Comcast Corp 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, Comcast Corp autocorrelation shows the relationship between Comcast Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Comcast Corp A.
 Regressed Prices 
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      Timeline 

Comcast Corp Investors Sentiment

The influence of Comcast Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comcast. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Comcast Corp Implied Volatility

    
  37.77  
Comcast Corp's implied volatility exposes the market's sentiment of Comcast Corp A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comcast Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Comcast Corp stock will not fluctuate a lot when Comcast Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comcast Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comcast Corp's short interest history, or implied volatility extrapolated from Comcast Corp options trading.

Current Sentiment - CMCSA

Comcast Corp A Investor Sentiment

Virtually all of Macroaxis users are currently bullish on Comcast Corp A. What is your opinion about investing in Comcast Corp A? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Continue to Comcast Corp Hype Analysis, Comcast Corp Correlation, Comcast Corp Valuation, Comcast Corp Volatility, as well as analyze Comcast Corp Alpha and Beta and Comcast Corp Performance. Note that the Comcast Corp A information on this page should be used as a complementary analysis to other Comcast Corp'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Comcast Stock analysis

When running Comcast Corp A price analysis, check to measure Comcast Corp'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 Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Comcast Corp 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.
A focus of Comcast Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comcast Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...