Cadiz Stock Market Value

CDZI
 Stock
  

USD 2.07  0.01  0.49%   

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


Is Cadiz'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 Cadiz. If investors know Cadiz 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 Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
118.4 M
Quarterly Revenue Growth YOY
3.218
Return On Assets
(0.09) 
Return On Equity
(0.60) 
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz'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 Cadiz's market value can be influenced by many factors that don't directly affect Cadiz'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 Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine Cadiz value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz'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.

Cadiz '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 Cadiz'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 Cadiz.
0.00
12/12/2021
No Change 0.00  0.0 
In 11 months and 26 days
12/07/2022
0.00
If you would invest  0.00  in Cadiz on December 12, 2021 and sell it all today you would earn a total of 0.00 from holding Cadiz Inc or generate 0.0% return on investment in Cadiz over 360 days. Cadiz is related to or competes with Microsoft, HP, Chevron Corp, Walmart, and Travelers Companies. Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States More

Cadiz 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 Cadiz'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 Cadiz Inc upside and downside potential and time the market with a certain degree of confidence.

Cadiz Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cadiz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cadiz's standard deviation. In reality, there are many statistical measures that can use Cadiz historical prices to predict the future Cadiz's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cadiz'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 Cadiz in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.188.28
Details
Intrinsic
Valuation
LowReal ValueHigh
0.305.9012.00
Details
Naive
Forecast
LowNext ValueHigh
0.0388481.948.04
Details
1 Analysts
Consensus
LowTarget PriceHigh
17.5017.5017.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cadiz. Your research has to be compared to or analyzed against Cadiz's peers to derive any actionable benefits. When done correctly, Cadiz'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 Cadiz Inc.

Cadiz Inc Backtested Returns

Cadiz Inc secures Sharpe Ratio (or Efficiency) of -0.0932, which signifies that the company had -0.0932% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in 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. Cadiz Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cadiz Inc mean deviation of 4.63, and Risk Adjusted Performance of (0.18) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.4673, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cadiz'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, Cadiz will likely underperform. Even though it is essential to pay attention to Cadiz Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. Cadiz Inc exposes twenty-one different technical indicators, which can help you to evaluate its performance. Cadiz Inc has an expected return of -0.57%. Please be advised to confirm Cadiz Inc standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cadiz Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.11  

Insignificant reverse predictability

Cadiz Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cadiz time series from 12th of December 2021 to 10th of June 2022 and 10th of June 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 Cadiz Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Cadiz price fluctuation can be explain by its past prices.
Correlation Coefficient-0.11
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.81

Cadiz Inc lagged returns against current returns

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

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

Cadiz Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cadiz 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.

Did you try this?

Run Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
All  Next Launch Module

Pair Trading with Cadiz

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

Moving together with Cadiz

+0.62UGIUGI Corporation Sell-off TrendPairCorr
+0.74VSTVistra Energy Corp Potential GrowthPairCorr

Moving against Cadiz

-0.59PCGPGE Corp Aggressive PushPairCorr
The ability to find closely correlated positions to Cadiz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadiz 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 Cadiz - 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 Cadiz Inc to buy it.
The correlation of Cadiz 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 Cadiz moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadiz Inc 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 Cadiz 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 Cadiz Correlation, Cadiz Volatility and Cadiz Alpha and Beta module to complement your research on Cadiz. Note that the Cadiz Inc information on this page should be used as a complementary analysis to other Cadiz'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Cadiz Stock analysis

When running Cadiz Inc price analysis, check to measure Cadiz'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 Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Cadiz 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 Cadiz technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cadiz 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...