AeroCentury Story

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ACY -- USA Stock  

USD 8.21  0.01  0.12%

In general, we focus on analyzing AeroCentury (NYSEMKT:ACY) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AeroCentury Corp daily price indicators and compare them against related drivers. Let's first try to break down why AeroCentury Corp investors are seeking stability amid unprecedented economic uncertainty.
Published over two weeks ago
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Is AeroCentury Corp (NYSEMKT:ACY) gaining more confidence from investors?
AeroCentury Corp holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.157, which signifies a somewhat significant risk relative to the market. Let's try to break down what AeroCentury's beta means in this case. As returns on the market increase, returns on owning AeroCentury Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, AeroCentury Corp is expected to outperform it. Although it is essential to pay attention to AeroCentury Corp historical returns, it is also good to be reasonable about what you can do with equity current trending patterns. Our philosophy towards foreseeing future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if AeroCentury Corp expected return of 7.36 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use AeroCentury Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to analyze future returns on AeroCentury Corp.
The successful prediction of AeroCentury Corp 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 AeroCentury Corp, 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 AeroCentury Corp based on AeroCentury Corp hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to AeroCentury Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to AeroCentury Corp's related companies.

Use Technical Analysis to project AeroCentury expected Price

AeroCentury Corp 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.
A focus of AeroCentury Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AeroCentury Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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

Purchase by Michael Magnusson of 1000 shares of AeroCentury Corp

Legal trades by AeroCentury Corp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
AeroCentury insider trading alert for perchase of common stock by Michael Magnusson, President, on 23rd of August 2020. This event was filed by Aerocentury Corp with SEC on 2019-11-22. Statement of changes in beneficial ownership - SEC Form 4. Michael Magnusson currently serves as president, director and managing director of jmc of AeroCentury Corp [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Is AeroCentury Corp valued reasonably by the market?

This firm reported the last year's revenue of 17.53 M. Reported Net Loss for the year was (34.82 M) with profit before taxes, overhead, and interest of 42.59 M.
 2018 2020 (projected)
Book Value per Share28.4913.54
Asset Turnover0.120.21

Deferred Revenue Breakdown

AeroCentury Corp Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Deferred Revenue will likely drop to about 2.8 M in 2021. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. AeroCentury Corp Deferred Revenue is fairly stable at the moment as compared to the past year. AeroCentury Corp reported Deferred Revenue of 3.5 Million in 2020
20141.64 Million
20151.96 Million
20161.9 Million
20172.45 Million
20183.27 Million
20193.04 Million
20203.5 Million
20212.78 Million

Over 3 percent rise for AeroCentury Corp. What does it mean for investors?

Current coefficient of variation is at 758.35. AeroCentury Corp is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about AeroCentury Corp implied risk.

While many other companies under the rental & leasing services industry are still a bit expensive, AeroCentury Corp may offer a potential longer-term growth to investors. To conclude, as of the 3rd of January 2021, we see that AeroCentury Corp moves completely opposite to the market. The company is overvalued with below average probability of financial unrest within the next 24 months. Our ongoing 30 days buy-hold-sell recommendation on the company is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of AeroCentury Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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