ChargePoint Stock Market Value


USD 12.42  0.89  7.72%   

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

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

ChargePoint Holdings '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 ChargePoint Holdings' 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 ChargePoint Holdings.
No Change 0.00  0.0 
In 31 days
If you would invest  0.00  in ChargePoint Holdings on October 31, 2022 and sell it all today you would earn a total of 0.00 from holding ChargePoint Holdings or generate 0.0% return on investment in ChargePoint Holdings over 30 days. ChargePoint Holdings is related to or competes with Intel. ChargePoint Holdings, Inc. provides electric vehicle charging networks and charging solutions in the United States and i... More

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

ChargePoint Holdings Market Risk Indicators

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

ChargePoint Holdings Backtested Returns

ChargePoint Holdings secures Sharpe Ratio (or Efficiency) of -0.0471, which signifies that the company had -0.0471% 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. ChargePoint Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ChargePoint Holdings risk adjusted performance of (0.044603), and Mean Deviation of 4.01 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 2.1196, which signifies a somewhat significant risk relative to the market. Let's try to break down what ChargePoint'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, ChargePoint Holdings will likely underperform. Even though it is essential to pay attention to ChargePoint Holdings 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. ChargePoint Holdings exposes twenty-one different technical indicators, which can help you to evaluate its performance. ChargePoint Holdings has an expected return of -0.22%. Please be advised to confirm ChargePoint Holdings coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if ChargePoint Holdings performance from the past will be repeated at some point in the near future.



Good predictability

ChargePoint Holdings has good predictability. Overlapping area represents the amount of predictability between ChargePoint Holdings time series from 31st of October 2022 to 15th of November 2022 and 15th of November 2022 to 30th 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 ChargePoint Holdings price movement. The serial correlation of 0.66 indicates that around 66.0% of current ChargePoint Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.66
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.43

ChargePoint Holdings lagged returns against current returns

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

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

ChargePoint Holdings Lagged Returns

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

Be your own money manager

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

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Pair Trading with ChargePoint Holdings

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

Moving together with ChargePoint Holdings

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The ability to find closely correlated positions to ChargePoint Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChargePoint Holdings 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 ChargePoint Holdings - 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 ChargePoint Holdings to buy it.
The correlation of ChargePoint Holdings 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 ChargePoint Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChargePoint 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 ChargePoint Holdings 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 ChargePoint Holdings Correlation, ChargePoint Holdings Volatility and ChargePoint Holdings Alpha and Beta module to complement your research on ChargePoint Holdings. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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