Continental Beneish M Score

CAL
 Stock
  

USD 25.42  0.14  0.55%   

This module uses fundamental data of Continental to approximate the value of its Beneish M Score. Continental M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Continue to Continental Piotroski F Score and Continental Altman Z Score analysis.
  
At this time, Continental's M Score is unavailable. The earnings manipulation may begin if Continental's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Continental executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Continental's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unavailable
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin StrengsN/AFocus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales GrowthN/AFocus
Financial Leverage ConditionN/AFocus

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About Continental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Caleres's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caleres based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, China, and Guam. Caleres, Inc. was founded in 1878 and is headquartered in St. Continental operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 5200 people.

Continental Implied Volatility

    
  25.3  
Continental's implied volatility exposes the market's sentiment of Caleres stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Continental'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 Continental stock will not fluctuate a lot when Continental'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 Continental 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, Continental's short interest history, or implied volatility extrapolated from Continental options trading.

Pair Trading with Continental

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

Moving together with Continental

+0.64VRMVroom Inc Normal TradingPairCorr
The ability to find closely correlated positions to Continental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Continental 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 Continental - 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 Caleres to buy it.
The correlation of Continental 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 Continental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Continental 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 Continental 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 Continental Piotroski F Score and Continental Altman Z Score analysis. Note that the Continental information on this page should be used as a complementary analysis to other Continental'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Continental price analysis, check to measure Continental'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 Continental is operating at the current time. Most of Continental's value examination focuses on studying past and present price action to predict the probability of Continental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Continental's price. Additionally, you may evaluate how the addition of Continental to your portfolios can decrease your overall portfolio volatility.
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Is Continental'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 Continental. If investors know Continental 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 Continental 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 Continental is measured differently than its book value, which is the value of Continental that is recorded on the company's balance sheet. Investors also form their own opinion of Continental's value that differs from its market value or its book value, called intrinsic value, which is Continental'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 Continental's market value can be influenced by many factors that don't directly affect Continental'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 Continental's value and its price as these two are different measures arrived at by different means. Investors typically determine Continental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Continental'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.