Ashford Stock Beta
| AINC Stock | USD 4.78 0.03 0.62% |
Ashford fundamentals help investors to digest information that contributes to Ashford's financial success or failures. It also enables traders to predict the movement of Ashford Stock. The fundamental analysis module provides a way to measure Ashford's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ashford stock.
Ashford | Beta |
Ashford Company Beta Analysis
Ashford's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Ashford Beta | 1.65 |
Most of Ashford's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ashford is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ashford Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Ashford is extremely important. It helps to project a fair market value of Ashford Stock properly, considering its historical fundamentals such as Beta. Since Ashford's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ashford's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ashford's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Ashford has a Beta of 1.646. This is 100.73% higher than that of the Capital Markets sector and 34.92% higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Ashford Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ashford's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ashford could also be used in its relative valuation, which is a method of valuing Ashford by comparing valuation metrics of similar companies.Ashford is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ashford will likely underperform.
Ashford Fundamentals
| Return On Equity | -0.0261 | ||||
| Return On Asset | 0.0144 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 614.49 M | ||||
| Shares Outstanding | 3.43 M | ||||
| Shares Owned By Insiders | 45.55 % | ||||
| Shares Owned By Institutions | 8.17 % | ||||
| Number Of Shares Shorted | 2.36 K | ||||
| Price To Earning | (11.60) X | ||||
| Price To Book | 0.33 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 746.79 M | ||||
| Gross Profit | 112.8 M | ||||
| EBITDA | 43.98 M | ||||
| Net Income | (4.63 M) | ||||
| Cash And Equivalents | 48.42 M | ||||
| Cash Per Share | 15.54 X | ||||
| Total Debt | 163.57 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | (96.99) X | ||||
| Cash Flow From Operations | 18.79 M | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (13.69) X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 9.01 K | ||||
| Beta | 1.65 | ||||
| Market Capitalization | 16.5 M | ||||
| Total Asset | 504.81 M | ||||
| Retained Earnings | (609.31 M) | ||||
| Working Capital | 5.53 M | ||||
| Current Asset | 109.61 M | ||||
| Current Liabilities | 24.52 M | ||||
| Net Asset | 504.81 M |
About Ashford Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ashford's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashford using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashford based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ashford in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ashford's short interest history, or implied volatility extrapolated from Ashford options trading.
Pair Trading with Ashford
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 Ashford 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 Ashford will appreciate offsetting losses from the drop in the long position's value.Moving together with Ashford Stock
| 0.64 | FCFS | FirstCash Earnings Call This Week | PairCorr |
Moving against Ashford Stock
| 0.6 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
| 0.56 | V | Visa Class A Earnings Call Today | PairCorr |
| 0.54 | BN | Brookfield Corp | PairCorr |
| 0.45 | AC | Associated Capital | PairCorr |
The ability to find closely correlated positions to Ashford could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ashford 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 Ashford - 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 Ashford to buy it.
The correlation of Ashford 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 Ashford moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ashford 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 Ashford 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 Ashford Piotroski F Score and Ashford Altman Z Score analysis. For information on how to trade Ashford Stock refer to our How to Trade Ashford Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Ashford Stock analysis
When running Ashford's price analysis, check to measure Ashford'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 Ashford is operating at the current time. Most of Ashford's value examination focuses on studying past and present price action to predict the probability of Ashford's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashford's price. Additionally, you may evaluate how the addition of Ashford to your portfolios can decrease your overall portfolio volatility.
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Is Ashford'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 Ashford. If investors know Ashford 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 Ashford listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (13.69) | Revenue Per Share 104.027 | Quarterly Revenue Growth 0.022 | Return On Assets 0.0144 | Return On Equity (0.03) |
The market value of Ashford is measured differently than its book value, which is the value of Ashford that is recorded on the company's balance sheet. Investors also form their own opinion of Ashford's value that differs from its market value or its book value, called intrinsic value, which is Ashford'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 Ashford's market value can be influenced by many factors that don't directly affect Ashford'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 Ashford's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashford is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashford'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.