Aramark Holdings Stock Market Value
| ARMK Stock | USD 32.25 0.38 1.19% |
| Symbol | Aramark |
Is Aramark Holdings' 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 Aramark Holdings. If investors know Aramark 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 Aramark Holdings 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 (0.62) | Dividend Share 0.41 | Earnings Share 2.53 | Revenue Per Share 74.061 | Quarterly Revenue Growth 0.126 |
The market value of Aramark Holdings is measured differently than its book value, which is the value of Aramark that is recorded on the company's balance sheet. Investors also form their own opinion of Aramark Holdings' value that differs from its market value or its book value, called intrinsic value, which is Aramark Holdings' 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 Aramark Holdings' market value can be influenced by many factors that don't directly affect Aramark Holdings' 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 Aramark Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aramark Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aramark Holdings' 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.
Aramark Holdings '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 Aramark Holdings' 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 Aramark Holdings.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in Aramark Holdings on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding Aramark Holdings or generate 0.0% return on investment in Aramark Holdings over 720 days. Aramark Holdings is related to or competes with Civeo Corp, ABM Industries, Maximus, Cass Information, First Advantage, Rentokil Initial, and CBIZ. Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure... More
Aramark Holdings 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 Aramark Holdings' 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 Aramark Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.0764 | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.17 |
Aramark Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aramark Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aramark Holdings' standard deviation. In reality, there are many statistical measures that can use Aramark Holdings historical prices to predict the future Aramark Holdings' volatility.| Risk Adjusted Performance | 0.0933 | |||
| Jensen Alpha | 0.0757 | |||
| Total Risk Alpha | 0.0088 | |||
| Sortino Ratio | 0.0831 | |||
| Treynor Ratio | 0.1357 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aramark Holdings' 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.
Aramark Holdings Backtested Returns
Aramark Holdings appears to be very steady, given 3 months investment horizon. Aramark Holdings secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aramark Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Aramark Holdings' risk adjusted performance of 0.0933, and Mean Deviation of 1.07 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aramark Holdings holds a performance score of 12. The firm shows a Beta (market volatility) of 1.34, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aramark Holdings will likely underperform. Please check Aramark Holdings' coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Aramark Holdings' price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
Aramark Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Aramark Holdings time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd 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 Aramark Holdings price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Aramark Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 4.29 |
Aramark Holdings lagged returns against current returns
Autocorrelation, which is Aramark Holdings 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 Aramark Holdings' stock expected returns. We can calculate the autocorrelation of Aramark Holdings returns to help us make a trade decision. For example, suppose you find that Aramark Holdings 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 |
Aramark Holdings 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 Aramark Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aramark Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aramark Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Aramark Holdings Lagged Returns
When evaluating Aramark Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aramark Holdings stock have on its future price. Aramark Holdings 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, Aramark Holdings autocorrelation shows the relationship between Aramark Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Aramark Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Aramark Holdings
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 Aramark Holdings 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 Aramark Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Aramark Stock
| 0.76 | LZ | LegalZoom Financial Report 14th of May 2024 | PairCorr |
Moving against Aramark Stock
| 0.83 | ARC | ARC Document Solutions Financial Report 1st of May 2024 | PairCorr |
| 0.69 | DLHC | DLH Holdings Corp Financial Report 1st of May 2024 | PairCorr |
| 0.56 | SMX | SMX Public Limited | PairCorr |
| 0.46 | LICN | Lichen China Limited Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Aramark Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aramark Holdings 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 Aramark Holdings - 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 Aramark Holdings to buy it.
The correlation of Aramark Holdings 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 Aramark Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aramark Holdings 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 Aramark Holdings 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 Aramark Holdings Correlation, Aramark Holdings Volatility and Aramark Holdings Alpha and Beta module to complement your research on Aramark Holdings. For more information on how to buy Aramark Stock please use our How to buy in Aramark Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Aramark Stock analysis
When running Aramark Holdings' price analysis, check to measure Aramark Holdings' 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 Aramark Holdings is operating at the current time. Most of Aramark Holdings' value examination focuses on studying past and present price action to predict the probability of Aramark Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aramark Holdings' price. Additionally, you may evaluate how the addition of Aramark Holdings to your portfolios can decrease your overall portfolio volatility.
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Aramark Holdings 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.