Carlotz Stock Market Value

LOTZ -  USA Stock  

USD 2.84  0.13  4.38%

Carlotz's market value is the price at which a share of Carlotz stock trades on a public exchange. It measures the collective expectations of Carlotz investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Carlotz and determine expected loss or profit from investing in Carlotz over a given investment horizon. Additionally, see Carlotz Hype Analysis, Carlotz Correlation, Carlotz Valuation, Carlotz Volatility, as well as analyze Carlotz Alpha and Beta and Carlotz Performance.
Symbol
Backtest


Is Carlotz'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 Carlotz. If investors know Carlotz 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 Carlotz 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 Carlotz is measured differently than its book value, which is the value of Carlotz that is recorded on the company's balance sheet. Investors also form their own opinion of Carlotz's value that differs from its market value or its book value, called intrinsic value, which is Carlotz'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 Carlotz's market value can be influenced by many factors that don't directly affect Carlotz'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 Carlotz's value and its price as these two are different measures arrived at by different means. Investors typically determine Carlotz value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carlotz'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.

Carlotz '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 Carlotz'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 Carlotz.
0.00
12/15/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/04/2021
0.00
If you would invest  0.00  in Carlotz on December 15, 2019 and sell it all today you would earn a total of 0.00 from holding Carlotz or generate 0.0% return on investment in Carlotz over 720 days. Carlotz is related to or competes with Kingsway Financial, Driven Brands, and Cars. CarLotz, Inc. operates as a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing ...

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

Carlotz Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlotz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carlotz's standard deviation. In reality, there are many statistical measures that can use Carlotz historical prices to predict the future Carlotz's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Carlotz'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 Carlotz in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.142.826.38
Details
Intrinsic
Valuation
LowReal ValueHigh
0.183.527.08
Details
Naive
Forecast
LowNext ValueHigh
0.062.876.44
Details
3 Analysts
Consensus
LowTarget PriceHigh
6.006.006.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Carlotz. Your research has to be compared to or analyzed against Carlotz's peers to derive any actionable benefits. When done correctly, Carlotz'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 Carlotz.

Carlotz Backtested Returns

Carlotz secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had -0.16% 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. Carlotz exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Carlotz risk adjusted performance of (0.12), and Mean Deviation of 2.72 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3614, which signifies a somewhat significant risk relative to the market. Let's try to break down what Carlotz's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carlotz will likely underperform. Even though it is essential to pay attention to Carlotz 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. Carlotz exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Carlotz has an expected return of -0.57%. Please be advised to confirm Carlotz treynor ratio, expected short fall, day median price, as well as the relationship between the potential upside and accumulation distribution to decide if Carlotz performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.56)   

Good reverse predictability

Carlotz has good reverse predictability. Overlapping area represents the amount of predictability between Carlotz time series from 15th of December 2019 to 9th of December 2020 and 9th of December 2020 to 4th of December 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Carlotz price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Carlotz price fluctuation can be explain by its past prices. Given that Carlotz has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Carlotz for similar time interval.
Correlation Coefficient-0.56
Spearman Rank Test-0.59
Residual Average0.0
Price Variance6.94

Carlotz lagged returns against current returns

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

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

Carlotz Lagged Returns

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

Carlotz Investors Sentiment

The influence of Carlotz'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 Carlotz. 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.

Carlotz Implied Volatility

    
  139.71  
Carlotz's implied volatility exposes the market's sentiment of Carlotz stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carlotz'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 Carlotz stock will not fluctuate a lot when Carlotz'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 Carlotz 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, Carlotz's short interest history, or implied volatility extrapolated from Carlotz options trading.

Current Sentiment - LOTZ

Carlotz Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in Carlotz. What is your opinion about investing in Carlotz? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Additionally, see Carlotz Hype Analysis, Carlotz Correlation, Carlotz Valuation, Carlotz Volatility, as well as analyze Carlotz Alpha and Beta and Carlotz Performance. Note that the Carlotz information on this page should be used as a complementary analysis to other Carlotz'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Carlotz Stock analysis

When running Carlotz price analysis, check to measure Carlotz'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 Carlotz is operating at the current time. Most of Carlotz's value examination focuses on studying past and present price action to predict the probability of Carlotz's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carlotz's price. Additionally, you may evaluate how the addition of Carlotz to your portfolios can decrease your overall portfolio volatility.
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Carlotz 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 Carlotz technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Carlotz 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...