Asbury Automotive Group Stock Price Prediction
| ABG Stock | USD 221.54 0.65 0.29% |
Oversold Vs Overbought
48
Oversold | Overbought |
Asbury Automotive stock price prediction is an act of determining the future value of Asbury Automotive shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Asbury Automotive's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Asbury Automotive and does not consider all of the tangible or intangible factors available from Asbury Automotive's fundamental data. We analyze noise-free headlines and recent hype associated with Asbury Automotive Group, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Asbury Automotive's stock price prediction:Quarterly Earnings Growth (0.83) | EPS Estimate Next Quarter 8.28 | EPS Estimate Current Year 31.63 | EPS Estimate Next Year 32.32 | Wall Street Target Price 248.57 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Asbury Automotive based on different types of headlines from major news networks to social media. The Asbury stock price prediction module provides an analysis of price elasticity to changes in media outlook on Asbury Automotive over a specific investment horizon. Using Asbury Automotive hype-based prediction, you can estimate the value of Asbury Automotive Group from the perspective of Asbury Automotive response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Asbury Automotive using Asbury Automotive's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Asbury using crowd psychology based on the activity and movement of Asbury Automotive's stock price.
Asbury Automotive Short Interest
A significant increase or decrease in Asbury Automotive's short interest from the previous month could be a good indicator of investor sentiment towards Asbury. Short interest can provide insight into the potential direction of Asbury Automotive stock and how bullish or bearish investors feel about the market overall. An investor who is long Asbury Automotive may also wish to track short interest. As short interest increases, investors should be becoming more worried about Asbury Automotive and may potentially protect profits, hedge Asbury Automotive with its derivative instruments, or be ready for some potential downside.
200 Day MA 217.252 | Short Percent 0.2001 | Short Ratio 11.45 | Shares Short Prior Month 2 M | 50 Day MA 216.6844 |
Asbury Automotive Hype to Price Pattern
Investor biases related to Asbury Automotive's public news can be used to forecast risks associated with an investment in Asbury. The trend in average sentiment can be used to explain how an investor holding Asbury can time the market purely based on public headlines and social activities around Asbury Automotive Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Asbury Automotive's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Asbury Automotive.
Asbury Automotive Implied Volatility | 35.36 |
Asbury Automotive's implied volatility exposes the market's sentiment of Asbury Automotive Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Asbury Automotive's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Asbury Automotive stock will not fluctuate a lot when Asbury Automotive's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Asbury Automotive. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Asbury Automotive to buy its stock at a price that has no basis in reality. In that case, they are not buying Asbury because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Asbury Automotive after-hype prediction price | USD 220.96 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Asbury contract
Based on the Rule 16, the options market is currently suggesting that Asbury Automotive Group will have an average daily up or down price movement of about 2.21% per day over the life of the 2024-05-17 option contract. With Asbury Automotive trading at USD 221.54, that is roughly USD 4.9 . If you think that the market is fully incorporating Asbury Automotive's daily price movement you should consider acquiring Asbury Automotive Group options at the current volatility level of 35.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Asbury |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asbury Automotive'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.
Asbury Automotive After-Hype Price Prediction Density Analysis
As far as predicting the price of Asbury Automotive at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Asbury Automotive or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Asbury Automotive, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Asbury Automotive Estimiated After-Hype Price Volatility
In the context of predicting Asbury Automotive's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Asbury Automotive's historical news coverage. Asbury Automotive's after-hype downside and upside margins for the prediction period are 219.06 and 222.86, respectively. We have considered Asbury Automotive's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Asbury Automotive is very steady at this time. Analysis and calculation of next after-hype price of Asbury Automotive is based on 3 months time horizon.
Asbury Automotive Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Asbury Automotive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Asbury Automotive backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Asbury Automotive, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.07 | 1.91 | 0.46 | 0.11 | 9 Events / Month | 4 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
221.54 | 220.96 | 0.26 |
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Asbury Automotive Hype Timeline
On the 25th of April Asbury Automotive is traded for 221.54. The entity has historical hype elasticity of -0.46, and average elasticity to hype of competition of -0.11. Asbury is forecasted to decline in value after the next headline, with the price expected to drop to 220.96. The average volatility of media hype impact on the company price is about 29.38%. The price depreciation on the next news is expected to be -0.26%, whereas the daily expected return is presently at 0.07%. The volatility of related hype on Asbury Automotive is about 116.46%, with the expected price after the next announcement by competition of 221.43. About 99.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.35. Some equities with similar Price to Book (P/B) outperform the market in the long run. Asbury Automotive has Price/Earnings To Growth (PEG) ratio of 0.48. The entity recorded earning per share (EPS) of 28.73. The firm last dividend was issued on the 30th of July 2008. Asbury Automotive had 1:2 split on the 16th of June 2009. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Asbury Automotive Basic Forecasting Models to cross-verify your projections.Asbury Automotive Related Hype Analysis
Having access to credible news sources related to Asbury Automotive's direct competition is more important than ever and may enhance your ability to predict Asbury Automotive's future price movements. Getting to know how Asbury Automotive's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Asbury Automotive may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SAH | Sonic Automotive | (0.85) | 10 per month | 2.00 | (0.03) | 3.72 | (3.42) | 8.65 | |
| LAD | Lithia Motors | 1.91 | 11 per month | 0.00 | (0.15) | 3.38 | (3.73) | 7.97 | |
| AN | AutoNation | (2.91) | 10 per month | 1.64 | 0.04 | 3.41 | (2.94) | 8.21 | |
| PAG | Penske Automotive Group | (0.92) | 11 per month | 1.55 | (0.05) | 2.83 | (2.77) | 6.65 | |
| GPI | Group 1 Automotive | (5.43) | 13 per month | 2.14 | (0.02) | 3.50 | (3.24) | 9.88 |
Asbury Automotive Additional Predictive Modules
Most predictive techniques to examine Asbury price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Asbury using various technical indicators. When you analyze Asbury charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Asbury Automotive Predictive Indicators
The successful prediction of Asbury Automotive stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Asbury Automotive Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Asbury Automotive based on analysis of Asbury Automotive hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Asbury Automotive's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Asbury Automotive's related companies. | 2023 | 2024 (projected) | PTB Ratio | 1.45 | 2.14 | Dividend Yield | 2.09 | 2.19 |
Story Coverage note for Asbury Automotive
The number of cover stories for Asbury Automotive depends on current market conditions and Asbury Automotive's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Asbury Automotive is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Asbury Automotive's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Asbury Automotive Short Properties
Asbury Automotive's future price predictability will typically decrease when Asbury Automotive's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Asbury Automotive Group often depends not only on the future outlook of the potential Asbury Automotive's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Asbury Automotive's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 21 M | |
| Cash And Short Term Investments | 45.7 M |
Check out Asbury Automotive Basic Forecasting Models to cross-verify your projections. Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Asbury Stock analysis
When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive'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 Asbury Automotive. If investors know Asbury 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 Asbury Automotive 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 (0.83) | Earnings Share 28.73 | Revenue Per Share 708.263 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0739 |
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive'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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive'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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive'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.