AeroCentury Story

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

USD 8.22  0.28  3.53%

While some millenniums are indifferent towards industrials space, it makes sense to break down AeroCentury Corp in terms of its current potentials. Even if we see continued rise in the economy, AeroCentury Corp may not be as resilient as the market. A lot of the latest AeroCentury Corp price movement was an exact opposite of how the market moved in the last few months. Weak fundamental indicators of the company may also suggest signs of long term losses for AeroCentury investors. The stock experiences an active upward rally.
Published over two weeks ago
View all stories for AeroCentury Corp | View All Stories
Will AeroCentury Corp (NYSEMKT:ACY) price continue to rise in February?
This firm's average rating is Buy from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on AeroCentury Corp market sentiment investors' perception of the future value of AeroCentury. Let us look at a few aspects of AeroCentury technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of AeroCentury Corp. In general, we focus on analyzing AeroCentury Corp stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AeroCentury Corp's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of AeroCentury Corp's intrinsic value. In addition to deriving basic predictive indicators for AeroCentury Corp, we also check how macroeconomic factors affect AeroCentury Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AeroCentury Corp's stock 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. Please use the tools below to analyze the current value of AeroCentury Corp in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AeroCentury Corp. Your research has to be compared to or analyzed against AeroCentury Corp's peers to derive any actionable benefits. When done correctly, AeroCentury Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in AeroCentury Corp.

How does AeroCentury Stands against Peers?

Analyzing AeroCentury Corp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to AeroCentury Corp across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out AeroCentury Corp Competition Details

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.

Closer look at AeroCentury Corp Downside Variance

AeroCentury Corp has current Downside Variance of 89.23. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
89.23
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare AeroCentury Corp Downside Variance to its closest peers:
ACY
AL
CAI
CAR
ACY89.23
AL10.23
CAI7.76
CAR16.71

Are AeroCentury Corp technical ratios showing a bounce-back?

The information ratio is down to 0.13 as of today. 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.

The Bottom Line

While some other firms within the rental & leasing services industry are still a little expensive, even after the recent corrections, AeroCentury Corp may offer a potential longer-term growth to investors. Taking everything into account, as of the 3rd of January 2021, our concluding 30 days recommendation on the company is Strong Sell. We believe AeroCentury Corp is currently overvalued with below average odds of financial turmoil for the next two years.

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 Raphi Shpitalnik do not own shares of AeroCentury Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com