CommVault Beta

CVLT
 Stock
  

USD 66.92  0.43  0.64%   

CommVault Systems fundamentals help investors to digest information that contributes to CommVault Systems' financial success or failures. It also enables traders to predict the movement of CommVault Stock. The fundamental analysis module provides a way to measure CommVault Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CommVault Systems stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

CommVault Beta Analysis

CommVault Systems' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current CommVault Systems Beta

    
  0.56  
Most of CommVault Systems' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CommVault Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CommVault Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for CommVault Systems is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Beta. Since CommVault Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CommVault Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CommVault Systems' interrelated accounts and indicators.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, CommVault Systems has a Beta of 0.556. This is 47.55% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

CommVault Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CommVault Systems' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CommVault Systems could also be used in its relative valuation, which is a method of valuing CommVault Systems by comparing valuation metrics of similar companies.
CommVault Systems is currently under evaluation in beta category among related companies.

CommVault Systems Current Valuation Drivers

We derive many important indicators used in calculating different scores of CommVault Systems from analyzing CommVault Systems' financial statements. These drivers represent accounts that assess CommVault Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CommVault Systems' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(21.8 K)1.39 K(2.22 K)(11.59 K)11.81 K10.97 K
Revenue Per Employee246.35 K277.83 K264.13 K270.86 K270.22 K253.54 K
Average Assets836.67 M812.91 M825.68 M881.89 M800.95 M839.58 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA10.27 M16.97 M(6.09 M)(12.04 M)53.58 M48.45 M
Earnings Before Interest Taxes and Depreciation Amortization USD9.45 M22.49 M4.52 M(5.36 M)54.47 M44.3 M
Earnings before Tax(3.5 M)10.43 M(12.55 M)(21.23 M)43.41 M46.84 M
Average Equity452.61 M400.05 M390.37 M415.45 M290.9 M371.1 M
Enterprise Value2.26 B2.64 B1.62 B2.68 B2.74 B2.77 B
Free Cash Flow77.12 M103.62 M85.26 M115.78 M173.27 M145.16 M
Invested Capital163.69 M168.12 M78.16 M44.19 M39.23 M40.27 M
Invested Capital Average197.54 M159.55 M119.11 M61.15 M51.74 M78.45 M
Market Capitalization2.57 B2.97 B1.89 B3.03 B2.96 B2.65 B
Tangible Asset Value818.64 M822.45 M686.29 M791.74 M684.76 M773.81 M
Working Capital322.62 M328.66 M185.13 M234.4 M90.02 M92.39 M

CommVault Systems Institutional Holders

Institutional Holdings refers to the ownership stake in CommVault Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CommVault Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CommVault Systems' value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares54.3 K2.9 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares84.8 K5.3 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares86.3 K5.7 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares90.8 K6.3 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares68.5 K5.2 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares51.7 KM
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.4 K3.2 M
Let's try to break down what CommVault's beta means in this case. As returns on the market increase, CommVault Systems returns are expected to increase less than the market. However, during the bear market, the loss on holding CommVault Systems will be expected to be smaller as well.

CommVault Fundamentals

About CommVault Systems Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CommVault Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CommVault Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CommVault Systems 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.
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey. Commvault Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.

CommVault Systems Investors Sentiment

The influence of CommVault Systems' 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 CommVault. 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 CommVault Systems' public news can be used to forecast risks associated with investment in CommVault. The trend in average sentiment can be used to explain how an investor holding CommVault can time the market purely based on public headlines and social activities around CommVault Systems. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CommVault Systems' 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 CommVault Systems' 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 CommVault Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on CommVault Systems.
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 CommVault Systems 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, CommVault Systems' short interest history, or implied volatility extrapolated from CommVault Systems options trading.

Pair Trading with CommVault Systems

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

Moving against CommVault Systems

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The ability to find closely correlated positions to CommVault Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CommVault Systems 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 CommVault Systems - 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 CommVault Systems to buy it.
The correlation of CommVault Systems 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 CommVault Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommVault Systems 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 CommVault Systems 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 CommVault Systems Piotroski F Score and CommVault Systems Altman Z Score analysis. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running CommVault Systems price analysis, check to measure CommVault Systems' 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 CommVault Systems is operating at the current time. Most of CommVault Systems' value examination focuses on studying past and present price action to predict the probability of CommVault Systems' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CommVault Systems' price. Additionally, you may evaluate how the addition of CommVault Systems to your portfolios can decrease your overall portfolio volatility.
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Is CommVault Systems' 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 CommVault Systems. If investors know CommVault 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 CommVault Systems 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
1.64
Market Capitalization
B
Quarterly Revenue Growth YOY
0.057
Return On Assets
0.0312
Return On Equity
0.0921
The market value of CommVault Systems is measured differently than its book value, which is the value of CommVault that is recorded on the company's balance sheet. Investors also form their own opinion of CommVault Systems' value that differs from its market value or its book value, called intrinsic value, which is CommVault Systems' 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 CommVault Systems' market value can be influenced by many factors that don't directly affect CommVault Systems' 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 CommVault Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine CommVault Systems value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommVault Systems' 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.