Crane Stock Market Value

CR
 Stock
  

USD 101.16  1.10  1.08%   

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


Is Crane'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 Crane. If investors know Crane 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 Crane 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
0.948
Market Capitalization
5.7 B
Quarterly Revenue Growth YOY
(0.09) 
Return On Assets
0.065
Return On Equity
0.1902
The market value of Crane Company is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane's value that differs from its market value or its book value, called intrinsic value, which is Crane'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 Crane's market value can be influenced by many factors that don't directly affect Crane'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 Crane's value and its price as these two are different measures arrived at by different means. Investors typically determine Crane value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane'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.

Crane '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 Crane'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 Crane.
0.00
12/16/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/06/2022
0.00
If you would invest  0.00  in Crane on December 16, 2020 and sell it all today you would earn a total of 0.00 from holding Crane Company or generate 0.0% return on investment in Crane over 720 days. Crane is related to or competes with Intel, International Business, Procter Gamble, 3M, McDonalds, and Alcoa Corp. Crane Holdings Co., together with its subsidiaries, manufactures and sells engineered industrial products in the America... More

Crane 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 Crane'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 Crane Company upside and downside potential and time the market with a certain degree of confidence.

Crane Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Crane's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crane's standard deviation. In reality, there are many statistical measures that can use Crane historical prices to predict the future Crane's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Crane'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 Crane in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
98.91100.87102.83
Details
Intrinsic
Valuation
LowReal ValueHigh
99.51101.47103.43
Details
Naive
Forecast
LowNext ValueHigh
98.80100.76102.72
Details
5 Analysts
Consensus
LowTarget PriceHigh
100.00121.00137.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crane. Your research has to be compared to or analyzed against Crane's peers to derive any actionable benefits. When done correctly, Crane'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 Crane Company.

Crane Company Backtested Returns

We consider Crane very steady. Crane Company secures Sharpe Ratio (or Efficiency) of 0.0639, which signifies that the company had 0.0639% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 Crane Company, which you can use to evaluate the future volatility of the firm. Please confirm Crane Company mean deviation of 1.54, and Risk Adjusted Performance of 0.1184 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
Crane has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.0007, which signifies a somewhat significant risk relative to the market. Let's try to break down what Crane's beta means in this case. Crane returns are very sensitive to returns on the market. As the market goes up or down, Crane is expected to follow. Although it is important to respect Crane Company historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 Crane Company technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Crane Company right now shows a risk of 1.96%. Please confirm Crane Company information ratio, and the relationship between the downside deviation and value at risk to decide if Crane Company will be following its price patterns.

Auto-correlation

    
  0.06  

Virtually no predictability

Crane Company has virtually no predictability. Overlapping area represents the amount of predictability between Crane time series from 16th of December 2020 to 11th of December 2021 and 11th of December 2021 to 6th 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 Crane Company price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Crane price fluctuation can be explain by its past prices.
Correlation Coefficient0.06
Spearman Rank Test-0.07
Residual Average0.0
Price Variance37.59

Crane Company lagged returns against current returns

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

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

Crane Lagged Returns

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

Crane Investors Sentiment

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

Pair Trading with Crane

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

Moving together with Crane

+0.73NDSNNordson Earnings Call Next WeekPairCorr
+0.75AALAmerican Airlines Aggressive PushPairCorr
The ability to find closely correlated positions to Crane could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crane 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 Crane - 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 Crane Company to buy it.
The correlation of Crane 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 Crane moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crane Company 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 Crane 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 Crane Correlation, Crane Volatility and Crane Alpha and Beta module to complement your research on Crane. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Crane Company price analysis, check to measure Crane'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 Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Crane 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 Crane technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Crane 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...