ACV Tangible Asset Value from 2010 to 2024
| ACVA Stock | USD 17.30 0.50 2.81% |
Tangible Asset Value | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
Check ACV Auctions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ACV main balance sheet or income statement drivers, such as Tax Provision of 407.7 K, Net Interest Income of 15.7 M or Interest Income of 17.3 M, as well as many exotic indicators such as Price To Sales Ratio of 4.78, Dividend Yield of 0.0 or PTB Ratio of 5.57. ACV financial statements analysis is a perfect complement when working with ACV Auctions Valuation or Volatility modules.
ACV | Tangible Asset Value |
Pair Trading with ACV Auctions
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 ACV Auctions 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 ACV Auctions will appreciate offsetting losses from the drop in the long position's value.Moving together with ACV Stock
| 0.78 | BV | BrightView Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.92 | LZ | LegalZoom Financial Report 14th of May 2024 | PairCorr |
Moving against ACV Stock
| 0.72 | DLHC | DLH Holdings Corp Financial Report 1st of May 2024 | PairCorr |
| 0.67 | VRSK | Verisk Analytics Financial Report 1st of May 2024 | PairCorr |
| 0.66 | ACU | Acme United Earnings Call Today | PairCorr |
| 0.62 | FC | Franklin Covey Financial Report 26th of June 2024 | PairCorr |
| 0.59 | FA | First Advantage Corp Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to ACV Auctions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACV Auctions 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 ACV Auctions - 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 ACV Auctions to buy it.
The correlation of ACV Auctions 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 ACV Auctions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACV Auctions 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 ACV Auctions 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 the analysis of ACV Auctions Correlation against competitors. For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for ACV Stock analysis
When running ACV Auctions' price analysis, check to measure ACV Auctions' 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 ACV Auctions is operating at the current time. Most of ACV Auctions' value examination focuses on studying past and present price action to predict the probability of ACV Auctions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACV Auctions' price. Additionally, you may evaluate how the addition of ACV Auctions to your portfolios can decrease your overall portfolio volatility.
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Is ACV Auctions' 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 ACV Auctions. If investors know ACV 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 ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 3.009 | Quarterly Revenue Growth 0.208 | Return On Assets (0.06) | Return On Equity (0.16) |
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' 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 ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' 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 ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' 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.