Associated Capital Group Stock Market Value
| AC Stock | USD 36.68 0.29 0.78% |
| Symbol | Associated |
Associated Capital Price To Book Ratio
Is Asset Management & Custody Banks space 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 Associated Capital. If investors know Associated 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 Associated Capital 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 (0.07) | Dividend Share 0.1 | Earnings Share 2.62 | Revenue Per Share 0.637 | Quarterly Revenue Growth 0.098 |
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.
Associated Capital '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 Associated Capital'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 Associated Capital.
| 11/28/2022 |
| 11/17/2024 |
If you would invest 0.00 in Associated Capital on November 28, 2022 and sell it all today you would earn a total of 0.00 from holding Associated Capital Group or generate 0.0% return on investment in Associated Capital over 720 days. Associated Capital is related to or competes with Park Ohio, Citizens, Everus Construction, Assurant, MGIC Investment, NI Holdings, and Griffon. Associated Capital Group, Inc. provides investment advisory services in the United States More
Associated Capital 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 Associated Capital'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 Associated Capital Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0853 | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.02 |
Associated Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated Capital's standard deviation. In reality, there are many statistical measures that can use Associated Capital historical prices to predict the future Associated Capital's volatility.| Risk Adjusted Performance | 0.1117 | |||
| Jensen Alpha | 0.1724 | |||
| Total Risk Alpha | 0.0126 | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | 0.2798 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Associated Capital'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.
Associated Capital Backtested Returns
Associated Capital appears to be very steady, given 3 months investment horizon. Associated Capital secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Associated Capital Group, which you can use to evaluate the volatility of the firm. Please makes use of Associated Capital's Downside Deviation of 2.01, mean deviation of 1.24, and Risk Adjusted Performance of 0.1117 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Associated Capital holds a performance score of 11. The firm shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Associated Capital returns are very sensitive to returns on the market. As the market goes up or down, Associated Capital is expected to follow. Please check Associated Capital's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Associated Capital's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Associated Capital Group has weak reverse predictability. Overlapping area represents the amount of predictability between Associated Capital time series from 28th of November 2022 to 23rd of November 2023 and 23rd of November 2023 to 17th of November 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 Associated Capital price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Associated Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.39 |
Associated Capital lagged returns against current returns
Autocorrelation, which is Associated Capital 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 Associated Capital's stock expected returns. We can calculate the autocorrelation of Associated Capital returns to help us make a trade decision. For example, suppose you find that Associated Capital 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 |
Associated Capital 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 Associated Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associated Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associated Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Associated Capital Lagged Returns
When evaluating Associated Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associated Capital stock have on its future price. Associated Capital 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, Associated Capital autocorrelation shows the relationship between Associated Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Associated Capital Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Associated Capital Correlation, Associated Capital Volatility and Associated Capital Alpha and Beta module to complement your research on Associated Capital. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Associated Capital 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.