Assetmark Financial Holdings Stock Market Value
| AMK Stock | USD 34.11 0.05 0.15% |
| Symbol | AssetMark |
AssetMark Financial Price To Book Ratio
Is AssetMark Financial'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 AssetMark Financial. If investors know AssetMark 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 AssetMark Financial 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 1.174 | Earnings Share 1.92 | Revenue Per Share 9.813 | Quarterly Revenue Growth 0.117 | Return On Assets 0.0815 |
The market value of AssetMark Financial is measured differently than its book value, which is the value of AssetMark that is recorded on the company's balance sheet. Investors also form their own opinion of AssetMark Financial's value that differs from its market value or its book value, called intrinsic value, which is AssetMark Financial'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 AssetMark Financial's market value can be influenced by many factors that don't directly affect AssetMark Financial'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 AssetMark Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AssetMark Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AssetMark Financial'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.
AssetMark Financial '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 AssetMark Financial'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 AssetMark Financial.
| 02/23/2024 |
| 05/23/2024 |
If you would invest 0.00 in AssetMark Financial on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding AssetMark Financial Holdings or generate 0.0% return on investment in AssetMark Financial over 90 days. AssetMark Financial is related to or competes with Federated Premier, Blackrock Muniyield, NXG NextGen, BlackRock Capital, and Brookfield Business. AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States More
AssetMark Financial 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 AssetMark Financial'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 AssetMark Financial Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.1 |
AssetMark Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AssetMark Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AssetMark Financial's standard deviation. In reality, there are many statistical measures that can use AssetMark Financial historical prices to predict the future AssetMark Financial's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | 0.028 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1178 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AssetMark Financial'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.
AssetMark Financial Backtested Returns
We consider AssetMark Financial very steady. AssetMark Financial secures Sharpe Ratio (or Efficiency) of 0.0222, which signifies that the company had a 0.0222% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AssetMark Financial Holdings, which you can use to evaluate the volatility of the firm. Please confirm AssetMark Financial's Downside Deviation of 1.26, mean deviation of 0.8644, and Risk Adjusted Performance of 0.038 to double-check if the risk estimate we provide is consistent with the expected return of 0.0303%. AssetMark Financial has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AssetMark Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding AssetMark Financial is expected to be smaller as well. AssetMark Financial right now shows a risk of 1.37%. Please confirm AssetMark Financial treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if AssetMark Financial will be following its price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
AssetMark Financial Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between AssetMark Financial time series from 23rd of February 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of May 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 AssetMark Financial price movement. The serial correlation of -0.4 indicates that just about 40.0% of current AssetMark Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.99 |
AssetMark Financial lagged returns against current returns
Autocorrelation, which is AssetMark Financial 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 AssetMark Financial's stock expected returns. We can calculate the autocorrelation of AssetMark Financial returns to help us make a trade decision. For example, suppose you find that AssetMark Financial 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 |
AssetMark Financial 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 AssetMark Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AssetMark Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AssetMark Financial stock over time.
Current vs Lagged Prices |
| Timeline |
AssetMark Financial Lagged Returns
When evaluating AssetMark Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AssetMark Financial stock have on its future price. AssetMark Financial 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, AssetMark Financial autocorrelation shows the relationship between AssetMark Financial stock current value and its past values and can show if there is a momentum factor associated with investing in AssetMark Financial Holdings.
Regressed Prices |
| Timeline |
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Check out AssetMark Financial Correlation, AssetMark Financial Volatility and AssetMark Financial Alpha and Beta module to complement your research on AssetMark Financial. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for AssetMark Stock analysis
When running AssetMark Financial's price analysis, check to measure AssetMark Financial'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 AssetMark Financial is operating at the current time. Most of AssetMark Financial's value examination focuses on studying past and present price action to predict the probability of AssetMark Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AssetMark Financial's price. Additionally, you may evaluate how the addition of AssetMark Financial to your portfolios can decrease your overall portfolio volatility.
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AssetMark Financial 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.