Airtrona Intl Stock Market Value
| ARTR Stock | USD 0.0001 0.00 0.00% |
| Symbol | Airtrona |
Airtrona Intl Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Airtrona Intl. If investors know Airtrona 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 Airtrona Intl listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Airtrona Intl is measured differently than its book value, which is the value of Airtrona that is recorded on the company's balance sheet. Investors also form their own opinion of Airtrona Intl's value that differs from its market value or its book value, called intrinsic value, which is Airtrona Intl'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 Airtrona Intl's market value can be influenced by many factors that don't directly affect Airtrona Intl'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 Airtrona Intl's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airtrona Intl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airtrona Intl'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.
Airtrona Intl '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 Airtrona Intl'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 Airtrona Intl.
| 05/02/2025 |
| 07/31/2025 |
If you would invest 0.00 in Airtrona Intl on May 2, 2025 and sell it all today you would earn a total of 0.00 from holding Airtrona Intl or generate 0.0% return on investment in Airtrona Intl over 90 days. Airtrona Intl is related to or competes with Gorman Rupp, Hurco Companies, and Kadant. AirTrona International Inc. provides various commercial and industrial Ozone generators for a range of commercial, indus... More
Airtrona Intl 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 Airtrona Intl'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 Airtrona Intl upside and downside potential and time the market with a certain degree of confidence.
Airtrona Intl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airtrona Intl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airtrona Intl's standard deviation. In reality, there are many statistical measures that can use Airtrona Intl historical prices to predict the future Airtrona Intl's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Airtrona Intl'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.
Airtrona Intl Backtested Returns
We have found three technical indicators for Airtrona Intl, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Airtrona Intl are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Airtrona Intl has perfect predictability. Overlapping area represents the amount of predictability between Airtrona Intl time series from 2nd of May 2025 to 16th of June 2025 and 16th of June 2025 to 31st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Airtrona Intl price movement. The serial correlation of 1.0 indicates that 100.0% of current Airtrona Intl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Airtrona Intl lagged returns against current returns
Autocorrelation, which is Airtrona Intl 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 Airtrona Intl's stock expected returns. We can calculate the autocorrelation of Airtrona Intl returns to help us make a trade decision. For example, suppose you find that Airtrona Intl 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 |
Airtrona Intl 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 Airtrona Intl stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Airtrona Intl stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Airtrona Intl stock over time.
Current vs Lagged Prices |
| Timeline |
Airtrona Intl Lagged Returns
When evaluating Airtrona Intl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Airtrona Intl stock have on its future price. Airtrona Intl 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, Airtrona Intl autocorrelation shows the relationship between Airtrona Intl stock current value and its past values and can show if there is a momentum factor associated with investing in Airtrona Intl.
Regressed Prices |
| Timeline |
Pair Trading with Airtrona Intl
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 Airtrona Intl 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 Airtrona Intl will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Airtrona Intl could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airtrona Intl 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 Airtrona Intl - 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 Airtrona Intl to buy it.
The correlation of Airtrona Intl 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 Airtrona Intl moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airtrona Intl 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 Airtrona Intl 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.Additional Tools for Airtrona Stock Analysis
When running Airtrona Intl's price analysis, check to measure Airtrona Intl'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 Airtrona Intl is operating at the current time. Most of Airtrona Intl's value examination focuses on studying past and present price action to predict the probability of Airtrona Intl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airtrona Intl's price. Additionally, you may evaluate how the addition of Airtrona Intl to your portfolios can decrease your overall portfolio volatility.