Ault Alliance Stock Beta
| AULT Stock | 0.30 0.06 25.00% |
Ault Alliance fundamentals help investors to digest information that contributes to Ault Alliance's financial success or failures. It also enables traders to predict the movement of Ault Stock. The fundamental analysis module provides a way to measure Ault Alliance'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 Ault Alliance stock.
Ault | Beta |
Ault Alliance Company Beta Analysis
Ault Alliance'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 Ault Alliance Beta | 3.77 |
Most of Ault Alliance'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, Ault Alliance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ault Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Ault Alliance is extremely important. It helps to project a fair market value of Ault Stock properly, considering its historical fundamentals such as Beta. Since Ault Alliance'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 Ault Alliance'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 Ault Alliance'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, Ault Alliance has a Beta of 3.774. This is 175.47% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Ault Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ault Alliance'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 Ault Alliance could also be used in its relative valuation, which is a method of valuing Ault Alliance by comparing valuation metrics of similar companies.Ault Alliance 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, Ault Alliance will likely underperform.
Ault Fundamentals
| Return On Equity | -1.7 | ||||
| Return On Asset | -0.13 | ||||
| Profit Margin | (1.48) % | ||||
| Operating Margin | (0.69) % | ||||
| Current Valuation | 63.87 M | ||||
| Shares Outstanding | 30.07 M | ||||
| Shares Owned By Insiders | 0.04 % | ||||
| Shares Owned By Institutions | 0.15 % | ||||
| Number Of Shares Shorted | 1.5 M | ||||
| Price To Book | 0.01 X | ||||
| Price To Sales | 0.01 X | ||||
| Revenue | 156.44 M | ||||
| Gross Profit | 55.97 M | ||||
| EBITDA | (61.02 M) | ||||
| Net Income | (231.03 M) | ||||
| Total Debt | 27 M | ||||
| Book Value Per Share | 9.97 X | ||||
| Cash Flow From Operations | (5.43 M) | ||||
| Short Ratio | 0.24 X | ||||
| Earnings Per Share | (7,652) X | ||||
| Target Price | 41250.0 | ||||
| Beta | 3.77 | ||||
| Market Capitalization | 7.14 M | ||||
| Total Asset | 299.19 M | ||||
| Retained Earnings | (567.47 M) | ||||
| Working Capital | (66.34 M) | ||||
| Net Asset | 299.19 M |
About Ault Alliance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ault Alliance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ault Alliance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ault Alliance 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 Ault Alliance 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, Ault Alliance's short interest history, or implied volatility extrapolated from Ault Alliance options trading.
Pair Trading with Ault Alliance
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 Ault Alliance 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 Ault Alliance will appreciate offsetting losses from the drop in the long position's value.Moving against Ault Stock
| 0.78 | GD | General Dynamics Earnings Call This Week | PairCorr |
| 0.77 | HEI | Heico Financial Report 27th of May 2024 | PairCorr |
| 0.68 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.67 | CW | Curtiss Wright Financial Report 1st of May 2024 | PairCorr |
| 0.57 | SATLW | Satellogic Warrant | PairCorr |
The ability to find closely correlated positions to Ault Alliance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ault Alliance 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 Ault Alliance - 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 Ault Alliance to buy it.
The correlation of Ault Alliance 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 Ault Alliance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ault Alliance 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 Ault Alliance 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 Ault Alliance Piotroski F Score and Ault Alliance Altman Z Score analysis. For more information on how to buy Ault Stock please use our How to Invest in Ault Alliance guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Ault Stock analysis
When running Ault Alliance's price analysis, check to measure Ault Alliance'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 Ault Alliance is operating at the current time. Most of Ault Alliance's value examination focuses on studying past and present price action to predict the probability of Ault Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ault Alliance's price. Additionally, you may evaluate how the addition of Ault Alliance to your portfolios can decrease your overall portfolio volatility.
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Is Ault Alliance'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 Ault Alliance. If investors know Ault 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 Ault Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -7.7 K | Revenue Per Share 34.894 | Quarterly Revenue Growth 0.198 | Return On Assets (0.13) | Return On Equity (1.70) |
The market value of Ault Alliance is measured differently than its book value, which is the value of Ault that is recorded on the company's balance sheet. Investors also form their own opinion of Ault Alliance's value that differs from its market value or its book value, called intrinsic value, which is Ault Alliance'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 Ault Alliance's market value can be influenced by many factors that don't directly affect Ault Alliance'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 Ault Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ault Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ault Alliance'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.