AeroCentury Story

<div class='circular--portrait' style='background:#169D0B;color: #E6E6FA;font-size:4em;'>AC</div>
ACY -- USA Stock  

USD 8.21  0.01  0.12%

48% of stocks are less volatile than AeroCentury, and above 85% of all equities are expected to generate higher returns over the next 60 days. As many conservative investors are still indifferent towards current market risk, it is prudent, from our point of view, to break down AeroCentury Corp's current volatility. We will evaluate if the latest AeroCentury Corp price volatility suggests a bounce in January. AeroCentury Corp high volatility, while potentially profitable, can lead to more considerable losses for your portfolios.
Published over three weeks ago
View all stories for AeroCentury Corp | View All Stories
Will AeroCentury Corp (NYSEMKT:ACY) current volatility force investors to opt out?
AeroCentury Corp has roughly 4.86 M in cash with 6.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. On a scale of 0 to 100, AeroCentury Corp holds a performance score of 10. The firm shows a Beta (market volatility) of 0.1146, which signifies not very significant fluctuations relative to the market. Let's try to break down what AeroCentury's beta means in this case. As returns on the market increase, AeroCentury Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding AeroCentury Corp will be expected to be smaller as well. Although it is vital to follow AeroCentury Corp historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for AeroCentury Corp, which you can use to evaluate the performance of the firm. Please makes use of AeroCentury Corp maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether AeroCentury Corp price patterns will revert.
Volatility is a rate at which the price of AeroCentury Corp or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of AeroCentury Corp may increase or decrease. In other words, similar to AeroCentury's beta indicator, it measures the risk of AeroCentury Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of AeroCentury Corp fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is AeroCentury Corp's Liquidity

AeroCentury Corp financial leverage refers to using borrowed capital as a funding source to finance AeroCentury Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. AeroCentury Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between AeroCentury Corp's total debt and its cash.

How AeroCentury utilizes its cash?

To perform a cash flow analysis of AeroCentury Corp, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash AeroCentury Corp is receiving and how much cash it distributes out in a given period. The AeroCentury Corp cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. AeroCentury Corp Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. AeroCentury Corp reported Net Cash Flow from Operations of 9.4 Million in 2020

AeroCentury Corp Volatility Drivers

AeroCentury Corp unsystematic risk is unique to AeroCentury Corp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in AeroCentury Corp you can also buy China Bat Group. You can also mitigate this risk by investing in the rental & leasing services sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing AeroCentury Corp important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in AeroCentury Corp income statement and balance sheet. Here are more details about AeroCentury volatility.
0.230.520.860.53-0.270.16-0.420.980.38-0.12-0.170.02-0.540.180.240.020.020.120.0-0.37-0.29-0.33-0.780.22-0.390.430.120.02-0.240.47-0.04-0.13-0.02-0.08-0.010.05-0.040.050.86-0.070.110.85-0.240.970.81-0.051.0-0.42
0.230.240.470.61-0.6-0.65-0.580.330.70.77-0.69-0.56-0.630.710.69-0.56-0.560.8-0.49-0.78-0.420.44-0.05-0.63-0.550.71-0.48-0.560.450.73-0.49-0.61-0.5-0.78-0.58-0.61-0.450.680.52-0.55-0.660.440.450.350.55-0.70.23-0.56
0.520.240.580.44-0.47-0.05-0.150.530.190.24-0.360.07-0.410.490.410.070.070.270.03-0.47-0.420.17-0.130.02-0.150.370.080.090.190.430.140.00.0-0.140.00.020.040.510.62-0.06-0.210.670.20.550.610.00.52-0.15
0.860.470.580.83-0.66-0.35-0.450.940.490.33-0.61-0.42-0.710.50.63-0.42-0.420.55-0.42-0.55-0.65-0.03-0.6-0.27-0.440.81-0.3-0.420.00.67-0.44-0.41-0.21-0.5-0.46-0.41-0.450.380.95-0.5-0.370.940.00.960.95-0.440.86-0.45
0.530.610.440.83-0.87-0.64-0.410.670.490.66-0.84-0.66-0.870.750.93-0.66-0.660.76-0.55-0.68-0.610.42-0.33-0.57-0.410.9-0.39-0.660.470.86-0.63-0.54-0.32-0.71-0.67-0.66-0.530.610.86-0.68-0.610.840.460.690.91-0.630.53-0.39
-0.27-0.6-0.47-0.66-0.870.770.16-0.42-0.26-0.810.890.670.69-0.8-0.90.670.67-0.840.570.650.59-0.64-0.010.720.14-0.840.460.67-0.61-0.740.590.470.170.760.70.70.53-0.76-0.650.680.8-0.67-0.61-0.46-0.720.65-0.270.14
0.16-0.65-0.05-0.35-0.640.770.18-0.05-0.31-0.920.890.910.46-0.69-0.790.910.91-0.920.840.460.65-0.53-0.250.990.18-0.820.840.9-0.45-0.540.830.60.350.860.910.940.81-0.67-0.260.880.91-0.23-0.45-0.08-0.350.810.160.16
-0.42-0.58-0.15-0.45-0.410.160.18-0.46-0.97-0.210.260.180.56-0.35-0.310.180.18-0.290.140.220.190.010.350.160.99-0.420.130.18-0.06-0.470.190.650.710.580.20.20.16-0.21-0.480.190.19-0.41-0.06-0.45-0.50.52-0.421.0
0.980.330.530.940.67-0.42-0.05-0.460.450.06-0.35-0.17-0.640.310.41-0.17-0.170.3-0.18-0.43-0.44-0.24-0.740.02-0.440.6-0.05-0.17-0.170.57-0.22-0.26-0.09-0.26-0.2-0.15-0.220.170.92-0.26-0.070.91-0.171.00.89-0.220.98-0.46
0.380.70.190.490.49-0.26-0.31-0.970.450.35-0.37-0.27-0.610.470.43-0.27-0.270.41-0.22-0.34-0.250.08-0.29-0.29-0.980.53-0.21-0.270.140.56-0.26-0.69-0.71-0.66-0.29-0.29-0.230.340.52-0.28-0.310.440.140.450.54-0.590.38-0.97
-0.120.770.240.330.66-0.81-0.92-0.210.060.35-0.88-0.78-0.590.840.86-0.78-0.780.94-0.68-0.63-0.550.660.33-0.91-0.190.79-0.65-0.770.630.7-0.65-0.51-0.29-0.82-0.79-0.84-0.610.840.33-0.75-0.860.30.630.090.4-0.72-0.11-0.19
-0.17-0.69-0.36-0.61-0.840.890.890.26-0.35-0.37-0.880.880.65-0.74-0.930.880.88-0.960.830.710.81-0.540.020.830.24-0.90.740.88-0.51-0.690.820.60.430.850.90.910.79-0.71-0.590.910.83-0.53-0.51-0.38-0.650.79-0.170.24
0.02-0.560.07-0.42-0.660.670.910.18-0.17-0.27-0.780.880.45-0.46-0.741.01.0-0.870.970.480.77-0.330.040.880.16-0.80.91.0-0.28-0.460.980.660.430.811.00.990.94-0.41-0.320.980.75-0.25-0.28-0.2-0.390.840.020.17
-0.54-0.63-0.41-0.71-0.870.690.460.56-0.64-0.61-0.590.650.45-0.78-0.820.450.45-0.650.30.590.35-0.340.280.40.54-0.760.140.45-0.47-0.960.380.430.240.580.450.480.25-0.6-0.810.440.43-0.79-0.47-0.64-0.830.48-0.540.55
0.180.710.490.50.75-0.8-0.69-0.350.310.470.84-0.74-0.46-0.780.85-0.46-0.460.8-0.32-0.61-0.330.630.27-0.65-0.350.77-0.29-0.460.660.89-0.34-0.27-0.18-0.64-0.47-0.54-0.280.960.58-0.45-0.660.560.660.330.62-0.440.18-0.33
0.240.690.410.630.93-0.9-0.79-0.310.410.430.86-0.93-0.74-0.820.85-0.74-0.740.88-0.62-0.75-0.610.62-0.04-0.73-0.310.88-0.49-0.740.650.86-0.66-0.54-0.35-0.77-0.75-0.77-0.570.770.69-0.74-0.740.650.650.430.74-0.680.24-0.29
0.02-0.560.07-0.42-0.660.670.910.18-0.17-0.27-0.780.881.00.45-0.46-0.741.0-0.870.970.480.77-0.330.040.880.16-0.80.91.0-0.28-0.460.980.660.430.811.00.990.94-0.41-0.320.980.75-0.25-0.28-0.2-0.390.840.020.17
0.02-0.560.07-0.42-0.660.670.910.18-0.17-0.27-0.780.881.00.45-0.46-0.741.0-0.870.970.480.77-0.330.040.880.16-0.80.91.0-0.28-0.460.980.660.430.811.00.990.94-0.41-0.320.980.75-0.25-0.28-0.2-0.390.840.020.17
0.120.80.270.550.76-0.84-0.92-0.290.30.410.94-0.96-0.87-0.650.80.88-0.87-0.87-0.8-0.7-0.710.510.09-0.88-0.260.9-0.76-0.860.480.74-0.79-0.55-0.36-0.85-0.88-0.91-0.760.770.52-0.87-0.830.460.480.330.58-0.770.12-0.27
0.0-0.490.03-0.42-0.550.570.840.14-0.18-0.22-0.680.830.970.3-0.32-0.620.970.97-0.80.420.86-0.160.110.820.12-0.750.960.96-0.08-0.310.970.650.430.740.970.950.99-0.29-0.270.980.71-0.2-0.08-0.21-0.340.810.00.13
-0.37-0.78-0.47-0.55-0.680.650.460.22-0.43-0.34-0.630.710.480.59-0.61-0.750.480.48-0.70.420.5-0.510.210.390.19-0.610.310.48-0.54-0.70.430.340.330.510.490.50.38-0.61-0.670.510.48-0.59-0.54-0.46-0.670.44-0.370.2
-0.29-0.42-0.42-0.65-0.610.590.650.19-0.44-0.25-0.550.810.770.35-0.33-0.610.770.77-0.710.860.5-0.040.290.60.17-0.750.80.760.01-0.330.770.560.390.630.810.760.87-0.32-0.50.870.62-0.460.0-0.47-0.550.67-0.290.17
-0.330.440.17-0.030.42-0.64-0.530.01-0.240.080.66-0.54-0.33-0.340.630.62-0.33-0.330.51-0.16-0.51-0.040.48-0.50.030.28-0.13-0.330.970.44-0.22-0.19-0.26-0.49-0.34-0.38-0.10.70.13-0.27-0.570.110.97-0.210.19-0.34-0.330.03
-0.78-0.05-0.13-0.6-0.33-0.01-0.250.35-0.74-0.290.330.020.040.280.27-0.040.040.040.090.110.210.290.48-0.310.34-0.19-0.060.050.38-0.110.160.330.190.020.06-0.040.140.43-0.580.11-0.18-0.570.39-0.73-0.550.17-0.780.36
0.22-0.630.02-0.27-0.570.720.990.160.02-0.29-0.910.830.880.4-0.65-0.730.880.88-0.880.820.390.6-0.5-0.310.16-0.770.830.88-0.42-0.490.80.580.310.840.890.910.78-0.65-0.170.840.9-0.15-0.42-0.01-0.270.790.220.14
-0.39-0.55-0.15-0.44-0.410.140.180.99-0.44-0.98-0.190.240.160.54-0.35-0.310.160.16-0.260.120.190.170.030.340.16-0.420.110.16-0.04-0.450.170.640.70.550.180.170.14-0.2-0.470.170.18-0.4-0.04-0.43-0.480.5-0.390.99
0.430.710.370.810.9-0.84-0.82-0.420.60.530.79-0.9-0.8-0.760.770.88-0.8-0.80.9-0.75-0.61-0.750.28-0.19-0.77-0.42-0.67-0.790.280.8-0.75-0.6-0.32-0.82-0.82-0.81-0.730.670.74-0.82-0.750.70.280.620.79-0.750.43-0.4
0.12-0.480.08-0.3-0.390.460.840.13-0.05-0.21-0.650.740.90.14-0.29-0.490.90.9-0.760.960.310.8-0.13-0.060.830.11-0.670.9-0.02-0.190.90.550.440.70.910.90.97-0.32-0.130.920.71-0.05-0.02-0.08-0.20.740.120.11
0.02-0.560.09-0.42-0.660.670.90.18-0.17-0.27-0.770.881.00.45-0.46-0.741.01.0-0.860.960.480.76-0.330.050.880.16-0.790.9-0.28-0.460.980.660.430.80.990.990.94-0.4-0.320.980.75-0.24-0.28-0.19-0.390.840.020.16
-0.240.450.190.00.47-0.61-0.45-0.06-0.170.140.63-0.51-0.28-0.470.660.65-0.28-0.280.48-0.08-0.540.010.970.38-0.42-0.040.28-0.02-0.280.54-0.17-0.18-0.25-0.44-0.28-0.33-0.010.670.21-0.21-0.510.21.0-0.140.26-0.3-0.24-0.04
0.470.730.430.670.86-0.74-0.54-0.470.570.560.7-0.69-0.46-0.960.890.86-0.46-0.460.74-0.31-0.7-0.330.44-0.11-0.49-0.450.8-0.19-0.460.54-0.37-0.34-0.17-0.58-0.46-0.5-0.260.760.78-0.45-0.50.750.540.580.8-0.440.47-0.45
-0.04-0.490.14-0.44-0.630.590.830.19-0.22-0.26-0.650.820.980.38-0.34-0.660.980.98-0.790.970.430.77-0.220.160.80.17-0.750.90.98-0.17-0.370.650.470.750.970.950.96-0.28-0.330.970.66-0.24-0.16-0.24-0.390.81-0.040.17
-0.13-0.610.0-0.41-0.540.470.60.65-0.26-0.69-0.510.60.660.43-0.27-0.540.660.66-0.550.650.340.56-0.190.330.580.64-0.60.550.66-0.18-0.340.650.70.860.690.640.61-0.16-0.340.660.62-0.29-0.18-0.27-0.40.94-0.130.64
-0.02-0.50.0-0.21-0.320.170.350.71-0.09-0.71-0.290.430.430.24-0.18-0.350.430.43-0.360.430.330.39-0.260.190.310.7-0.320.440.43-0.25-0.170.470.70.640.440.420.46-0.15-0.240.440.31-0.1-0.25-0.11-0.280.63-0.010.71
-0.08-0.78-0.14-0.5-0.710.760.860.58-0.26-0.66-0.820.850.810.58-0.64-0.770.810.81-0.850.740.510.63-0.490.020.840.55-0.820.70.8-0.44-0.580.750.860.640.830.830.71-0.59-0.440.790.84-0.39-0.44-0.29-0.520.95-0.080.56
-0.01-0.580.0-0.46-0.670.70.910.2-0.2-0.29-0.790.91.00.45-0.47-0.751.01.0-0.880.970.490.81-0.340.060.890.18-0.820.910.99-0.28-0.460.970.690.440.830.990.95-0.43-0.350.990.79-0.28-0.28-0.23-0.420.87-0.010.18
0.05-0.610.02-0.41-0.660.70.940.2-0.15-0.29-0.840.910.990.48-0.54-0.770.990.99-0.910.950.50.76-0.38-0.040.910.17-0.810.90.99-0.33-0.50.950.640.420.830.990.92-0.5-0.320.980.78-0.24-0.33-0.17-0.390.840.050.18
-0.04-0.450.04-0.45-0.530.530.810.16-0.22-0.23-0.610.790.940.25-0.28-0.570.940.94-0.760.990.380.87-0.10.140.780.14-0.730.970.94-0.01-0.260.960.610.460.710.950.92-0.27-0.290.960.66-0.2-0.01-0.24-0.350.77-0.040.14
0.050.680.510.380.61-0.76-0.67-0.210.170.340.84-0.71-0.41-0.60.960.77-0.41-0.410.77-0.29-0.61-0.320.70.43-0.65-0.20.67-0.32-0.40.670.76-0.28-0.16-0.15-0.59-0.43-0.5-0.270.45-0.41-0.660.430.680.20.49-0.360.05-0.19
0.860.520.620.950.86-0.65-0.26-0.480.920.520.33-0.59-0.32-0.810.580.69-0.32-0.320.52-0.27-0.67-0.50.13-0.58-0.17-0.470.74-0.13-0.320.210.78-0.33-0.34-0.24-0.44-0.35-0.32-0.290.45-0.39-0.290.970.210.930.99-0.350.86-0.48
-0.07-0.55-0.06-0.5-0.680.680.880.19-0.26-0.28-0.750.910.980.44-0.45-0.740.980.98-0.870.980.510.87-0.270.110.840.17-0.820.920.98-0.21-0.450.970.660.440.790.990.980.96-0.41-0.390.75-0.32-0.21-0.28-0.460.84-0.070.18
0.11-0.66-0.21-0.37-0.610.80.910.19-0.07-0.31-0.860.830.750.43-0.66-0.740.750.75-0.830.710.480.62-0.57-0.180.90.18-0.750.710.75-0.51-0.50.660.620.310.840.790.780.66-0.66-0.290.75-0.33-0.51-0.11-0.390.80.110.16
0.850.440.670.940.84-0.67-0.23-0.410.910.440.3-0.53-0.25-0.790.560.65-0.25-0.250.46-0.2-0.59-0.460.11-0.57-0.15-0.40.7-0.05-0.240.20.75-0.24-0.29-0.1-0.39-0.28-0.24-0.20.430.97-0.32-0.330.20.920.97-0.310.85-0.4
-0.240.450.20.00.46-0.61-0.45-0.06-0.170.140.63-0.51-0.28-0.470.660.65-0.28-0.280.48-0.08-0.540.00.970.39-0.42-0.040.28-0.02-0.281.00.54-0.16-0.18-0.25-0.44-0.28-0.33-0.010.680.21-0.21-0.510.2-0.140.26-0.3-0.24-0.04
0.970.350.550.960.69-0.46-0.08-0.451.00.450.09-0.38-0.2-0.640.330.43-0.2-0.20.33-0.21-0.46-0.47-0.21-0.73-0.01-0.430.62-0.08-0.19-0.140.58-0.24-0.27-0.11-0.29-0.23-0.17-0.240.20.93-0.28-0.110.92-0.140.9-0.250.97-0.45
0.810.550.610.950.91-0.72-0.35-0.50.890.540.4-0.65-0.39-0.830.620.74-0.39-0.390.58-0.34-0.67-0.550.19-0.55-0.27-0.480.79-0.2-0.390.260.8-0.39-0.4-0.28-0.52-0.42-0.39-0.350.490.99-0.46-0.390.970.260.9-0.430.81-0.49
-0.05-0.70.0-0.44-0.630.650.810.52-0.22-0.59-0.720.790.840.48-0.44