Constellium Stock Market Value

CSTM
 Stock
  

USD 12.11  0.09  0.74%   

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


Is Constellium'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 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 YOY
0.35
Market Capitalization
1.7 B
Quarterly Revenue Growth YOY
0.27
Return On Assets
0.0418
Return On Equity
0.54
The market value of Constellium SE 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 Constellium value 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
10/27/2022
No Change 0.00  0.0 
In 31 days
11/26/2022
0.00
If you would invest  0.00  in Constellium on October 27, 2022 and sell it all today you would earn a total of 0.00 from holding Constellium SE or generate 0.0% return on investment in Constellium over 30 days. Constellium is related to or competes with Arconic Corp, Ati, Carpenter Technology, Reliance Steel, Southern Copper, McDermott International, and Centrica Plc. 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 SE 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, frequently view 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. Please use the tools below to analyze the current value of Constellium in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.0712.1316.19
Details
Intrinsic
Valuation
LowReal ValueHigh
10.5214.5818.64
Details
Naive
Forecast
LowNext ValueHigh
9.1413.2017.27
Details
4 Analysts
Consensus
LowTarget PriceHigh
21.0023.6025.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Constellium. Your research has to be compared to or analyzed against Constellium's peers to derive any actionable benefits. When done correctly, Constellium'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 Constellium SE.

Constellium SE Backtested Returns

Constellium SE secures Sharpe Ratio (or Efficiency) of -0.029, which signifies that the company had -0.029% 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. Constellium SE exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Constellium SE risk adjusted performance of (0.049461), and Mean Deviation of 3.02 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.6216, which signifies a somewhat significant risk relative to the market. Let's try to break down what Constellium'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, Constellium will likely underperform. Even though it is essential to pay attention to Constellium SE 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. Constellium SE exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Constellium SE has an expected return of -0.12%. Please be advised to confirm Constellium SE semi variance, and the relationship between the treynor ratio and daily balance of power to decide if Constellium SE performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

Constellium SE has very weak reverse predictability. Overlapping area represents the amount of predictability between Constellium time series from 27th of October 2022 to 11th of November 2022 and 11th of November 2022 to 26th 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 Constellium SE price movement. The serial correlation of -0.03 indicates that only 3.0% of current Constellium price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test-0.12
Residual Average0.0
Price Variance0.03

Constellium SE 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 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  

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   
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       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 SE.
   Regressed Prices   
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       Timeline  

Constellium Investors Sentiment

The influence of Constellium'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 Constellium. 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.
Investor biases related to Constellium's public news can be used to forecast risks associated with investment in Constellium. The trend in average sentiment can be used to explain how an investor holding Constellium can time the market purely based on public headlines and social activities around Constellium SE. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Constellium's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Constellium's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Constellium's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Constellium.

Constellium Implied Volatility

    
  51.43  
Constellium's implied volatility exposes the market's sentiment of Constellium SE stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Constellium'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 Constellium stock will not fluctuate a lot when Constellium'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 Constellium 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, Constellium's short interest history, or implied volatility extrapolated from Constellium options trading.

Pair Trading with Constellium

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

Moving together with Constellium

+0.9ARNCArconic Corp Buyout TrendPairCorr
The ability to find closely correlated positions to Constellium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Constellium 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 Constellium - 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 Constellium SE to buy it.
The correlation of Constellium 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 Constellium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Constellium SE 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 Constellium 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 Constellium Correlation, Constellium Volatility and Constellium Alpha and Beta module to complement your research on Constellium. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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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...