CKX Historical Valuation
| CKX Stock | USD 13.23 0.22 1.64% |
Some fundamental drivers such as market cap or CKX Lands enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze CKX Lands valuation indicators such as Working Capital of 0.0 or Enterprise Value of 14.3 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of CKX Lands's future value.
CKX |
About CKX Valuation Data Analysis
Valuation is the financial process of determining what CKX Lands is worth. CKX Lands valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. CKX Lands valuation ratios help investors to determine whether CKX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CKX with respect to the benefits of owning CKX Lands security.
CKX Lands Valuation Data Chart
CKX valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of CKX equity instrument and the benefits of owning shares of CKX Lands.
Market Cap is likely to drop to about 16.9 M in 2024. Enterprise Value is likely to drop to about 14.3 M in 2024 Enterprise Value
Enterprise Value (or EV) is usually referred to as CKX Lands theoretical takeover price. In the event of an acquisition, an acquirer would have to take on CKX Lands debt, but would also pocket its cash. Enterprise Value is more accurate representation of CKX Lands value than its market capitalization because it takes into account all of CKX Lands existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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 CKX Lands 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, CKX Lands' short interest history, or implied volatility extrapolated from CKX Lands options trading.
Pair Trading with CKX Lands
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 CKX Lands 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 CKX Lands will appreciate offsetting losses from the drop in the long position's value.Moving against CKX Stock
| 0.62 | UK | Ucommune International Report 23rd of April 2024 | PairCorr |
| 0.61 | RC | Ready Capital Corp Financial Report 13th of May 2024 | PairCorr |
| 0.58 | O | Realty me Corp Financial Report 1st of May 2024 | PairCorr |
| 0.53 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
| 0.5 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to CKX Lands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CKX Lands 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 CKX Lands - 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 CKX Lands to buy it.
The correlation of CKX Lands 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 CKX Lands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CKX Lands 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 CKX Lands 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CKX Lands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy CKX Stock please use our How to Invest in CKX Lands guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for CKX Stock analysis
When running CKX Lands' price analysis, check to measure CKX Lands' 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 CKX Lands is operating at the current time. Most of CKX Lands' value examination focuses on studying past and present price action to predict the probability of CKX Lands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKX Lands' price. Additionally, you may evaluate how the addition of CKX Lands to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Is CKX Lands' 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 CKX Lands. If investors know CKX 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 CKX Lands 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 0.07 | Revenue Per Share 0.752 | Quarterly Revenue Growth 1.439 | Return On Assets (0) |
The market value of CKX Lands is measured differently than its book value, which is the value of CKX that is recorded on the company's balance sheet. Investors also form their own opinion of CKX Lands' value that differs from its market value or its book value, called intrinsic value, which is CKX Lands' 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 CKX Lands' market value can be influenced by many factors that don't directly affect CKX Lands' 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 CKX Lands' value and its price as these two are different measures arrived at by different means. Investors typically determine if CKX Lands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CKX Lands' 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.