American Vanguard Stock Market Value
| AVD Stock | USD 11.09 0.18 1.60% |
| Symbol | American |
American Vanguard Price To Book Ratio
Is American Vanguard'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 American Vanguard. If investors know American 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 American Vanguard 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 0.776 | Dividend Share 0.12 | Earnings Share 0.26 | Revenue Per Share 20.598 | Quarterly Revenue Growth 0.079 |
The market value of American Vanguard is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Vanguard's value that differs from its market value or its book value, called intrinsic value, which is American Vanguard'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 American Vanguard's market value can be influenced by many factors that don't directly affect American Vanguard'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 American Vanguard's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Vanguard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Vanguard'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.
American Vanguard '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 American Vanguard'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 American Vanguard.
| 09/26/2022 |
| 04/18/2024 |
If you would invest 0.00 in American Vanguard on September 26, 2022 and sell it all today you would earn a total of 0.00 from holding American Vanguard or generate 0.0% return on investment in American Vanguard over 570 days. American Vanguard is related to or competes with Intrepid Potash, and Corteva. American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agr... More
American Vanguard 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 American Vanguard'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 American Vanguard upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.24 | |||
| Information Ratio | 0.0446 | |||
| Maximum Drawdown | 31.28 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 4.73 |
American Vanguard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Vanguard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Vanguard's standard deviation. In reality, there are many statistical measures that can use American Vanguard historical prices to predict the future American Vanguard's volatility.| Risk Adjusted Performance | 0.0454 | |||
| Jensen Alpha | 0.1809 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.054 | |||
| Treynor Ratio | 0.2547 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Vanguard'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.
American Vanguard Backtested Returns
American Vanguard appears to be somewhat reliable, given 3 months investment horizon. American Vanguard secures Sharpe Ratio (or Efficiency) of 0.0653, which signifies that the company had a 0.0653% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American Vanguard, which you can use to evaluate the volatility of the firm. Please makes use of American Vanguard's risk adjusted performance of 0.0454, and Mean Deviation of 2.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American Vanguard holds a performance score of 5. The firm shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. American Vanguard returns are very sensitive to returns on the market. As the market goes up or down, American Vanguard is expected to follow. Please check American Vanguard's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether American Vanguard's price patterns will revert.
Auto-correlation | 0.06 |
Virtually no predictability
American Vanguard has virtually no predictability. Overlapping area represents the amount of predictability between American Vanguard time series from 26th of September 2022 to 8th of July 2023 and 8th of July 2023 to 18th of April 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 American Vanguard price movement. The serial correlation of 0.06 indicates that barely 6.0% of current American Vanguard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 6.3 |
American Vanguard lagged returns against current returns
Autocorrelation, which is American Vanguard 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 American Vanguard's stock expected returns. We can calculate the autocorrelation of American Vanguard returns to help us make a trade decision. For example, suppose you find that American Vanguard 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 |
American Vanguard 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 American Vanguard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Vanguard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Vanguard stock over time.
Current vs Lagged Prices |
| Timeline |
American Vanguard Lagged Returns
When evaluating American Vanguard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Vanguard stock have on its future price. American Vanguard 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, American Vanguard autocorrelation shows the relationship between American Vanguard stock current value and its past values and can show if there is a momentum factor associated with investing in American Vanguard.
Regressed Prices |
| Timeline |
Pair Trading with American Vanguard
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 American Vanguard 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 American Vanguard will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.7 | CF | CF Industries Holdings Financial Report 6th of May 2024 | PairCorr |
| 0.66 | CGA | China Green Agriculture | PairCorr |
| 0.62 | ICL | ICL Israel Chemicals Financial Report 8th of May 2024 | PairCorr |
Moving against American Stock
| 0.84 | NITO | N2OFF Inc Symbol Change | PairCorr |
| 0.83 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.73 | LVRO | Lavoro Limited Class Fiscal Year End 6th of November 2024 | PairCorr |
| 0.65 | BIOX | Bioceres Crop Solutions Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to American Vanguard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Vanguard 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 American Vanguard - 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 American Vanguard to buy it.
The correlation of American Vanguard 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 American Vanguard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Vanguard 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 American Vanguard 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 American Vanguard Correlation, American Vanguard Volatility and American Vanguard Alpha and Beta module to complement your research on American Vanguard. For information on how to trade American Stock refer to our How to Trade American Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for American Stock analysis
When running American Vanguard's price analysis, check to measure American Vanguard'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 American Vanguard is operating at the current time. Most of American Vanguard's value examination focuses on studying past and present price action to predict the probability of American Vanguard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Vanguard's price. Additionally, you may evaluate how the addition of American Vanguard to your portfolios can decrease your overall portfolio volatility.
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American Vanguard 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.