Crown Stock Market Value

CCI
 Stock
  

USD 141.43  2.32  1.67%   

Crown Castle's market value is the price at which a share of Crown Castle stock trades on a public exchange. It measures the collective expectations of Crown Castle investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Crown Castle and determine expected loss or profit from investing in Crown Castle over a given investment horizon. Continue to Crown Castle Correlation, Crown Castle Volatility and Crown Castle Alpha and Beta module to complement your research on Crown Castle.
Symbol


Is Crown Castle'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 Crown Castle. If investors know Crown 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 Crown Castle 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 YOY
0.2
Market Capitalization
59.6 B
Quarterly Revenue Growth YOY
0.079
Return On Assets
0.0381
Return On Equity
0.2
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle'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 Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle'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 Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine Crown Castle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle'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.

Crown Castle '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 Crown Castle'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 Crown Castle.
0.00
02/08/2021
No Change 0.00  0.0 
In 1 year 9 months and 23 days
11/30/2022
0.00
If you would invest  0.00  in Crown Castle on February 8, 2021 and sell it all today you would earn a total of 0.00 from holding Crown Castle or generate 0.0% return on investment in Crown Castle over 660 days. Crown Castle is related to or competes with Alexandria Real, Boston Properties, Duke Realty, Prologis, Public Storage, SL Green, and Exxon. Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber suppor... More

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

Crown Castle Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Castle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Castle's standard deviation. In reality, there are many statistical measures that can use Crown Castle historical prices to predict the future Crown Castle's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Crown Castle'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 Crown Castle in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
135.75138.06140.37
Details
Intrinsic
Valuation
LowReal ValueHigh
124.15153.64155.95
Details
Naive
Forecast
LowNext ValueHigh
135.36137.67139.98
Details
13 Analysts
Consensus
LowTarget PriceHigh
162.00203.82224.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crown Castle. Your research has to be compared to or analyzed against Crown Castle's peers to derive any actionable benefits. When done correctly, Crown Castle'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 Crown Castle.

Crown Castle Backtested Returns

Crown Castle secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had -0.12% 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. Crown Castle exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Crown Castle risk adjusted performance of (0.17), and Mean Deviation of 1.72 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.1599, which signifies a somewhat significant risk relative to the market. Let's try to break down what Crown'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, Crown Castle will likely underperform. Even though it is essential to pay attention to Crown Castle 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. Crown Castle exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Crown Castle has an expected return of -0.27%. Please be advised to confirm Crown Castle downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Crown Castle performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Crown Castle has weak reverse predictability. Overlapping area represents the amount of predictability between Crown Castle time series from 8th of February 2021 to 4th of January 2022 and 4th of January 2022 to 30th of November 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 Crown Castle price movement. The serial correlation of -0.21 indicates that over 21.0% of current Crown Castle price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test-0.41
Residual Average0.0
Price Variance329.4

Crown Castle lagged returns against current returns

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

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

Crown Castle Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Crown Castle without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Crown Castle

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 Crown Castle 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 Crown Castle will appreciate offsetting losses from the drop in the long position's value.

Moving against Crown Castle

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The ability to find closely correlated positions to Crown Castle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Castle 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 Crown Castle - 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 Crown Castle to buy it.
The correlation of Crown Castle is a statistical measure of how it moves in relation to other equities. 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 Crown Castle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Castle 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 Crown Castle 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.
Pair CorrelationCorrelation Matching
Continue to Crown Castle Correlation, Crown Castle Volatility and Crown Castle Alpha and Beta module to complement your research on Crown Castle. Note that the Crown Castle information on this page should be used as a complementary analysis to other Crown Castle'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Crown Stock analysis

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