Concrete Stock Market Value

BBCP
 Stock
  

USD 6.96  0.04  0.57%   

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


Is Concrete Pumping'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 Concrete Pumping. If investors know Concrete 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 Concrete Pumping 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
2.386
Market Capitalization
396.2 M
Quarterly Revenue Growth YOY
0.294
Return On Assets
0.0356
Return On Equity
0.0854
The market value of Concrete Pumping Holdings is measured differently than its book value, which is the value of Concrete that is recorded on the company's balance sheet. Investors also form their own opinion of Concrete Pumping's value that differs from its market value or its book value, called intrinsic value, which is Concrete Pumping'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 Concrete Pumping's market value can be influenced by many factors that don't directly affect Concrete Pumping'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 Concrete Pumping's value and its price as these two are different measures arrived at by different means. Investors typically determine Concrete Pumping value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concrete Pumping'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.

Concrete Pumping '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 Concrete Pumping'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 Concrete Pumping.
0.00
11/07/2022
No Change 0.00  0.0 
In 30 days
12/07/2022
0.00
If you would invest  0.00  in Concrete Pumping on November 7, 2022 and sell it all today you would earn a total of 0.00 from holding Concrete Pumping Holdings or generate 0.0% return on investment in Concrete Pumping over 30 days. Concrete Pumping is related to or competes with Fidelity MSCI, Bondbloxx ETF, Merck, and VANGUARD SMALL-CAP. Concrete Pumping Holdings, Inc. provides concrete pumping and waste management services in the United States and the Uni... More

Concrete Pumping 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 Concrete Pumping'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 Concrete Pumping Holdings upside and downside potential and time the market with a certain degree of confidence.

Concrete Pumping Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Concrete Pumping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Concrete Pumping's standard deviation. In reality, there are many statistical measures that can use Concrete Pumping historical prices to predict the future Concrete Pumping's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Concrete Pumping'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 Concrete Pumping in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.016.978.93
Details
Intrinsic
Valuation
LowReal ValueHigh
6.528.4710.43
Details
Naive
Forecast
LowNext ValueHigh
4.656.618.57
Details
4 Analysts
Consensus
LowTarget PriceHigh
8.0010.0011.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Concrete Pumping. Your research has to be compared to or analyzed against Concrete Pumping's peers to derive any actionable benefits. When done correctly, Concrete Pumping'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 Concrete Pumping Holdings.

Concrete Pumping Holdings Backtested Returns

We consider Concrete Pumping not too volatile. Concrete Pumping Holdings secures Sharpe Ratio (or Efficiency) of 0.0354, which signifies that the company had 0.0354% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Concrete Pumping Holdings, which you can use to evaluate the future volatility of the firm. Please confirm Concrete Pumping Holdings Mean Deviation of 1.44, risk adjusted performance of 0.0645, and Downside Deviation of 1.59 to double-check if the risk estimate we provide is consistent with the expected return of 0.07%.
Concrete Pumping has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6356, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Concrete's beta means in this case. As returns on the market increase, Concrete Pumping returns are expected to increase less than the market. However, during the bear market, the loss on holding Concrete Pumping will be expected to be smaller as well. Although it is important to respect Concrete Pumping Holdings historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Concrete Pumping Holdings technical indicators, you can presently evaluate if the expected return of 0.07% will be sustainable into the future. Concrete Pumping Holdings right now shows a risk of 1.98%. Please confirm Concrete Pumping Holdings jensen alpha, as well as the relationship between the potential upside and skewness to decide if Concrete Pumping Holdings will be following its price patterns.

Auto-correlation

    
  -0.68  

Very good reverse predictability

Concrete Pumping Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Concrete Pumping time series from 7th of November 2022 to 22nd of November 2022 and 22nd of November 2022 to 7th of December 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 Concrete Pumping Holdings price movement. The serial correlation of -0.68 indicates that around 68.0% of current Concrete Pumping price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.28
Residual Average0.0
Price Variance0.02

Concrete Pumping Holdings lagged returns against current returns

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

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

Concrete Pumping Lagged Returns

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

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 Concrete Pumping 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, Concrete Pumping's short interest history, or implied volatility extrapolated from Concrete Pumping options trading.

Pair Trading with Concrete Pumping

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 Concrete Pumping 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 Concrete Pumping will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Concrete Pumping could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concrete Pumping 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 Concrete Pumping - 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 Concrete Pumping Holdings to buy it.
The correlation of Concrete Pumping 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 Concrete Pumping moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concrete Pumping Holdings 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 Concrete Pumping 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 Concrete Pumping Correlation, Concrete Pumping Volatility and Concrete Pumping Alpha and Beta module to complement your research on Concrete Pumping. Note that the Concrete Pumping Holdings information on this page should be used as a complementary analysis to other Concrete Pumping'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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