Aerovironment Stock Market Value
| AVAV Stock | USD 227.87 4.18 1.87% |
| Symbol | AeroVironment |
AeroVironment Price To Book Ratio
Is Aerospace & Defense 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 AeroVironment. If investors know AeroVironment 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 AeroVironment 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 (0.11) | Earnings Share 2.1 | Revenue Per Share 27.243 | Quarterly Revenue Growth 0.244 | Return On Assets 0.0482 |
The market value of AeroVironment is measured differently than its book value, which is the value of AeroVironment that is recorded on the company's balance sheet. Investors also form their own opinion of AeroVironment's value that differs from its market value or its book value, called intrinsic value, which is AeroVironment'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 AeroVironment's market value can be influenced by many factors that don't directly affect AeroVironment'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 AeroVironment's value and its price as these two are different measures arrived at by different means. Investors typically determine if AeroVironment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AeroVironment'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.
AeroVironment '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 AeroVironment'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 AeroVironment.
| 05/15/2024 |
| 11/11/2024 |
If you would invest 0.00 in AeroVironment on May 15, 2024 and sell it all today you would earn a total of 0.00 from holding AeroVironment or generate 0.0% return on investment in AeroVironment over 180 days. AeroVironment is related to or competes with L3Harris Technologies, Mercury Systems, Textron, HEICO, Vertical Aerospace, Embraer SA, and Rocket Lab. AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related servi... More
AeroVironment 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 AeroVironment'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 AeroVironment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.0868 | |||
| Maximum Drawdown | 18.73 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 5.03 |
AeroVironment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AeroVironment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AeroVironment's standard deviation. In reality, there are many statistical measures that can use AeroVironment historical prices to predict the future AeroVironment's volatility.| Risk Adjusted Performance | 0.115 | |||
| Jensen Alpha | 0.3166 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0914 | |||
| Treynor Ratio | 0.6227 |
AeroVironment Backtested Returns
AeroVironment appears to be very steady, given 3 months investment horizon. AeroVironment secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AeroVironment, which you can use to evaluate the volatility of the firm. Please makes use of AeroVironment's Risk Adjusted Performance of 0.115, downside deviation of 2.91, and Mean Deviation of 2.04 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AeroVironment holds a performance score of 10. The firm shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AeroVironment's returns are expected to increase less than the market. However, during the bear market, the loss of holding AeroVironment is expected to be smaller as well. Please check AeroVironment's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether AeroVironment's price patterns will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
AeroVironment has almost perfect reverse predictability. Overlapping area represents the amount of predictability between AeroVironment time series from 15th of May 2024 to 13th of August 2024 and 13th of August 2024 to 11th 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 AeroVironment price movement. The serial correlation of -0.79 indicates that around 79.0% of current AeroVironment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 230.3 |
AeroVironment lagged returns against current returns
Autocorrelation, which is AeroVironment 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 AeroVironment's stock expected returns. We can calculate the autocorrelation of AeroVironment returns to help us make a trade decision. For example, suppose you find that AeroVironment 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 |
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AeroVironment 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 AeroVironment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AeroVironment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AeroVironment stock over time.
Current vs Lagged Prices |
| Timeline |
AeroVironment Lagged Returns
When evaluating AeroVironment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AeroVironment stock have on its future price. AeroVironment 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, AeroVironment autocorrelation shows the relationship between AeroVironment stock current value and its past values and can show if there is a momentum factor associated with investing in AeroVironment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AeroVironment Stock Analysis
When running AeroVironment's price analysis, check to measure AeroVironment'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 AeroVironment is operating at the current time. Most of AeroVironment's value examination focuses on studying past and present price action to predict the probability of AeroVironment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AeroVironment's price. Additionally, you may evaluate how the addition of AeroVironment to your portfolios can decrease your overall portfolio volatility.