Aflac Incorporated Stock Market Value
AFL Stock | USD 85.86 0.24 0.28% |
Symbol | Aflac |
Aflac Incorporated Price To Book Ratio
Is Aflac Incorporated'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 Aflac Incorporated. If investors know Aflac 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 Aflac Incorporated 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 0.435 | Dividend Share 1.68 | Earnings Share 7.8 | Revenue Per Share 31.368 | Quarterly Revenue Growth (0.04) |
The market value of Aflac Incorporated is measured differently than its book value, which is the value of Aflac that is recorded on the company's balance sheet. Investors also form their own opinion of Aflac Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Aflac Incorporated'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 Aflac Incorporated's market value can be influenced by many factors that don't directly affect Aflac Incorporated'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 Aflac Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aflac Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aflac Incorporated'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.
Aflac Incorporated '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 Aflac Incorporated'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 Aflac Incorporated.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Aflac Incorporated on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Aflac Incorporated or generate 0.0% return on investment in Aflac Incorporated over 720 days. Aflac Incorporated is related to or competes with ATT, Coca Cola, International Business, Cisco Systems, McDonalds, and Intel. Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products More
Aflac Incorporated 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 Aflac Incorporated'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 Aflac Incorporated upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.36 | |||
Information Ratio | (0.02) | |||
Maximum Drawdown | 12.25 | |||
Value At Risk | (1.08) | |||
Potential Upside | 1.59 |
Aflac Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aflac Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aflac Incorporated's standard deviation. In reality, there are many statistical measures that can use Aflac Incorporated historical prices to predict the future Aflac Incorporated's volatility.Risk Adjusted Performance | 0.0437 | |||
Jensen Alpha | 0.0742 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.6734 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aflac Incorporated'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.
Aflac Incorporated Backtested Returns
We consider Aflac Incorporated very steady. Aflac Incorporated secures Sharpe Ratio (or Efficiency) of 0.0467, which signifies that the company had a 0.0467% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aflac Incorporated, which you can use to evaluate the volatility of the firm. Please confirm Aflac Incorporated's Downside Deviation of 2.36, risk adjusted performance of 0.0437, and Mean Deviation of 0.7927 to double-check if the risk estimate we provide is consistent with the expected return of 0.0728%. Aflac Incorporated has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aflac Incorporated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aflac Incorporated is expected to be smaller as well. Aflac Incorporated right now shows a risk of 1.56%. Please confirm Aflac Incorporated jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Aflac Incorporated will be following its price patterns.
Auto-correlation | 0.75 |
Good predictability
Aflac Incorporated has good predictability. Overlapping area represents the amount of predictability between Aflac Incorporated time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aflac Incorporated price movement. The serial correlation of 0.75 indicates that around 75.0% of current Aflac Incorporated price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.75 | |
Spearman Rank Test | 0.7 | |
Residual Average | 0.0 | |
Price Variance | 44.64 |
Aflac Incorporated lagged returns against current returns
Autocorrelation, which is Aflac Incorporated 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 Aflac Incorporated's stock expected returns. We can calculate the autocorrelation of Aflac Incorporated returns to help us make a trade decision. For example, suppose you find that Aflac Incorporated 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 price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Aflac Incorporated 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 Aflac Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aflac Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aflac Incorporated stock over time.
Current vs Lagged Prices |
Timeline |
Aflac Incorporated Lagged Returns
When evaluating Aflac Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aflac Incorporated stock have on its future price. Aflac Incorporated 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, Aflac Incorporated autocorrelation shows the relationship between Aflac Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Aflac Incorporated.
Regressed Prices |
Timeline |
Aflac Incorporated Investors Sentiment
The influence of Aflac Incorporated'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 Aflac. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Aflac Incorporated's public news can be used to forecast risks associated with an investment in Aflac. The trend in average sentiment can be used to explain how an investor holding Aflac can time the market purely based on public headlines and social activities around Aflac Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aflac Incorporated'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 Aflac Incorporated'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 Aflac Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aflac Incorporated.
Aflac Incorporated Implied Volatility | 18.17 |
Aflac Incorporated's implied volatility exposes the market's sentiment of Aflac Incorporated stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aflac Incorporated's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aflac Incorporated stock will not fluctuate a lot when Aflac Incorporated's options are near their expiration.
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 Aflac Incorporated 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, Aflac Incorporated's short interest history, or implied volatility extrapolated from Aflac Incorporated options trading.
Pair Trading with Aflac Incorporated
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 Aflac Incorporated 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 Aflac Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against Aflac Stock
0.62 | CIA | Citizens | PairCorr |
0.49 | GL | Globe Life Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Aflac Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aflac Incorporated 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 Aflac Incorporated - 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 Aflac Incorporated to buy it.
The correlation of Aflac Incorporated is a statistical measure of how it moves in relation to other instruments. 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 Aflac Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aflac Incorporated 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 Aflac Incorporated 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.Check out Aflac Incorporated Correlation, Aflac Incorporated Volatility and Aflac Incorporated Alpha and Beta module to complement your research on Aflac Incorporated. For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.Note that the Aflac Incorporated information on this page should be used as a complementary analysis to other Aflac Incorporated'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 the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Aflac Stock analysis
When running Aflac Incorporated's price analysis, check to measure Aflac Incorporated'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 Aflac Incorporated is operating at the current time. Most of Aflac Incorporated's value examination focuses on studying past and present price action to predict the probability of Aflac Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aflac Incorporated's price. Additionally, you may evaluate how the addition of Aflac Incorporated to your portfolios can decrease your overall portfolio volatility.
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Aflac Incorporated 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.