Commvault Stock Market Value

CVLT
 Stock
  

USD 63.98  0.69  1.09%   

Commvault Systems' market value is the price at which a share of Commvault Systems stock trades on a public exchange. It measures the collective expectations of Commvault Systems investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Commvault Systems and determine expected loss or profit from investing in Commvault Systems over a given investment horizon. Continue to Commvault Systems Hype Analysis, Commvault Systems Correlation, Commvault Systems Valuation, Commvault Systems Volatility, as well as analyze Commvault Systems Alpha and Beta and Commvault Systems Performance.
Symbol
Backtest


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
0.29
Market Capitalization
2.9 B
Quarterly Revenue Growth YOY
0.076
Return On Assets
0.029
Return On Equity
0.1
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.

Commvault Systems '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 Commvault Systems' 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 Commvault Systems.
0.00
07/09/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/29/2022
0.00
If you would invest  0.00  in Commvault Systems on July 9, 2020 and sell it all today you would earn a total of 0.00 from holding Commvault Systems or generate 0.0% return on investment in Commvault Systems over 720 days. Commvault Systems is related to or competes with Home Depot, Verizon Communications, Boeing, Travelers Companies, Merck, Walmart, and Cisco Systems. Commvault Systems, Inc. provides data protection and information management software applications and related services i...More

Commvault Systems 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 Commvault Systems' 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 Commvault Systems upside and downside potential and time the market with a certain degree of confidence.

Commvault Systems Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Commvault Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Commvault Systems' standard deviation. In reality, there are many statistical measures that can use Commvault Systems historical prices to predict the future Commvault Systems' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Commvault Systems' 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 Commvault Systems in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
61.0963.5666.03
Details
Intrinsic
Valuation
LowReal ValueHigh
57.2470.8073.27
Details
Naive
Forecast
LowNext ValueHigh
61.6564.1366.60
Details
5 Analysts
Consensus
LowTarget PriceHigh
64.0078.8085.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Commvault Systems. Your research has to be compared to or analyzed against Commvault Systems' peers to derive any actionable benefits. When done correctly, Commvault Systems' 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 Commvault Systems.

Commvault Systems Backtested Returns

Commvault Systems secures Sharpe Ratio (or Efficiency) of -0.0154, which signifies that the company had -0.0154% of return per unit of risk over the last 3 months. Macroaxis standpoint towards 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. Commvault Systems exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Commvault Systems mean deviation of 1.87, and Risk Adjusted Performance of (0.0125) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3292, which signifies a somewhat significant risk relative to the market. Let's try to break down what Commvault'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, Commvault Systems will likely underperform. Even though it is essential to pay attention to Commvault Systems historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards 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. Commvault Systems exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Commvault Systems has an expected return of -0.0381%. Please be advised to confirm Commvault Systems treynor ratio, as well as the relationship between the expected short fall and day median price to decide if Commvault Systems performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.78  

Almost perfect reverse predictability

Commvault Systems has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Commvault Systems time series from 9th of July 2020 to 4th of July 2021 and 4th of July 2021 to 29th of June 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 Commvault Systems price movement. The serial correlation of -0.78 indicates that around 78.0% of current Commvault Systems price fluctuation can be explain by its past prices.
Correlation Coefficient-0.78
Spearman Rank Test-0.77
Residual Average0.0
Price Variance43.04

Commvault Systems lagged returns against current returns

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

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

Commvault Systems Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Commvault Systems without increasing your portfolio risk or giving up 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 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.

Commvault Systems Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Hype Analysis, Commvault Systems Correlation, Commvault Systems Valuation, Commvault Systems Volatility, as well as analyze Commvault Systems Alpha and Beta and Commvault Systems Performance. Note that the Commvault Systems information on this page should be used as a complementary analysis to other Commvault Systems' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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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Commvault Systems 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 Commvault Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Commvault Systems 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...