Constellium Nv Stock Market Value

CSTM Stock  USD 18.51  0.18  0.96%   
Constellium's market value is the price at which a share of Constellium trades on a public exchange. It measures the collective expectations of Constellium Nv investors about its performance. Constellium is selling at 18.51 as of the 22nd of July 2024; that is 0.96 percent down since the beginning of the trading day. The stock's lowest day price was 18.47.
With this module, you can estimate the performance of a buy and hold strategy of Constellium Nv and determine expected loss or profit from investing in Constellium over a given investment horizon. Check out Constellium Correlation, Constellium Volatility and Constellium Alpha and Beta module to complement your research on Constellium.
Symbol

Constellium Nv Price To Book Ratio

Is Metals & Mining space 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 Constellium. If investors know Constellium 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 Constellium 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
(0.21)
Earnings Share
0.89
Revenue Per Share
47.794
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0365
The market value of Constellium Nv is measured differently than its book value, which is the value of Constellium that is recorded on the company's balance sheet. Investors also form their own opinion of Constellium's value that differs from its market value or its book value, called intrinsic value, which is Constellium'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 Constellium's market value can be influenced by many factors that don't directly affect Constellium'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 Constellium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Constellium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Constellium'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.

Constellium '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 Constellium'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 Constellium.
0.00
06/22/2024
No Change 0.00  0.0 
In 31 days
07/22/2024
0.00
If you would invest  0.00  in Constellium on June 22, 2024 and sell it all today you would earn a total of 0.00 from holding Constellium Nv or generate 0.0% return on investment in Constellium over 30 days. Constellium is related to or competes with Century Aluminum, Alcoa Corp, China Hongqiao, Alumina Limited, Norsk Hydro, and Kaiser Aluminum. Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and ext... More

Constellium 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 Constellium'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 Constellium Nv upside and downside potential and time the market with a certain degree of confidence.

Constellium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Constellium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Constellium's standard deviation. In reality, there are many statistical measures that can use Constellium historical prices to predict the future Constellium's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Constellium'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.
Hype
Prediction
LowEstimatedHigh
16.8418.7620.68
Details
Intrinsic
Valuation
LowRealHigh
16.8221.3223.24
Details
Naive
Forecast
LowNextHigh
16.8718.7820.70
Details
6 Analysts
Consensus
LowTargetHigh
21.0723.1525.70
Details

Constellium Nv Backtested Returns

Constellium Nv 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. Constellium Nv exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Constellium's Mean Deviation of 1.49, standard deviation of 1.89, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Constellium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Constellium is expected to be smaller as well. At this point, Constellium Nv has a negative expected return of -0.21%. Please make sure to confirm Constellium's potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Constellium Nv performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.28  

Weak reverse predictability

Constellium Nv has weak reverse predictability. Overlapping area represents the amount of predictability between Constellium time series from 22nd of June 2024 to 7th of July 2024 and 7th of July 2024 to 22nd of July 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 Constellium Nv price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Constellium price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.08

Constellium Nv lagged returns against current returns

Autocorrelation, which is Constellium 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 Constellium's stock expected returns. We can calculate the autocorrelation of Constellium returns to help us make a trade decision. For example, suppose you find that Constellium 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  

Constellium 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 Constellium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Constellium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Constellium stock over time.
   Current vs Lagged Prices   
       Timeline  

Constellium Lagged Returns

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

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Additional Information and Resources on Investing in Constellium Stock

When determining whether Constellium Nv is a strong investment it is important to analyze Constellium's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Constellium's future performance. For an informed investment choice regarding Constellium Stock, refer to the following important reports:
Check out Constellium Correlation, Constellium Volatility and Constellium Alpha and Beta module to complement your research on Constellium.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Constellium 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 Constellium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Constellium 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...