Accel Entertainment Stock Market Value

ACEL Stock  USD 10.22  0.09  0.87%   
Accel Entertainment's market value is the price at which a share of Accel Entertainment trades on a public exchange. It measures the collective expectations of Accel Entertainment investors about its performance. Accel Entertainment is selling for 10.22 as of the 21st of July 2024. This is a 0.87 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.2.
With this module, you can estimate the performance of a buy and hold strategy of Accel Entertainment and determine expected loss or profit from investing in Accel Entertainment over a given investment horizon. Check out Accel Entertainment Correlation, Accel Entertainment Volatility and Accel Entertainment Alpha and Beta module to complement your research on Accel Entertainment.
For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.
Symbol

Accel Entertainment Price To Book Ratio

Is Hotels, Restaurants & Leisure space 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 Accel Entertainment. If investors know Accel 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 Accel Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
0.51
Revenue Per Share
13.822
Quarterly Revenue Growth
0.029
Return On Assets
0.0753
The market value of Accel Entertainment is measured differently than its book value, which is the value of Accel that is recorded on the company's balance sheet. Investors also form their own opinion of Accel Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Accel Entertainment'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 Accel Entertainment's market value can be influenced by many factors that don't directly affect Accel Entertainment'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 Accel Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accel Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accel Entertainment'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.

Accel Entertainment 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Accel Entertainment's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Accel Entertainment.
0.00
06/21/2024
No Change 0.00  0.0 
In 30 days
07/21/2024
0.00
If you would invest  0.00  in Accel Entertainment on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Accel Entertainment or generate 0.0% return on investment in Accel Entertainment over 30 days. Accel Entertainment is related to or competes with Light Wonder, Everi Holdings, Inspired Entertainment, International Game, PlayAGS, Codere Online, and Gambling. Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United State... More

Accel Entertainment Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Accel Entertainment's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Accel Entertainment upside and downside potential and time the market with a certain degree of confidence.

Accel Entertainment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Accel Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Accel Entertainment's standard deviation. In reality, there are many statistical measures that can use Accel Entertainment historical prices to predict the future Accel Entertainment's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accel Entertainment's 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.
Hype
Prediction
LowEstimatedHigh
7.8210.2112.60
Details
Intrinsic
Valuation
LowRealHigh
9.9712.3614.75
Details
3 Analysts
Consensus
LowTargetHigh
13.0414.3315.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.190.22
Details

Accel Entertainment Backtested Returns

Accel Entertainment secures Sharpe Ratio (or Efficiency) of -0.0694, which signifies that the company had a -0.0694% return per unit of standard deviation over the last 3 months. Accel Entertainment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Accel Entertainment's mean deviation of 1.38, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.79, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Accel Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Accel Entertainment is expected to be smaller as well. At this point, Accel Entertainment has a negative expected return of -0.17%. Please make sure to confirm Accel Entertainment's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Accel Entertainment performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.08  

Very weak reverse predictability

Accel Entertainment has very weak reverse predictability. Overlapping area represents the amount of predictability between Accel Entertainment time series from 21st of June 2024 to 6th of July 2024 and 6th of July 2024 to 21st of July 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Accel Entertainment price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Accel Entertainment price fluctuation can be explain by its past prices.
Correlation Coefficient-0.08
Spearman Rank Test0.04
Residual Average0.0
Price Variance0.03

Accel Entertainment lagged returns against current returns

Autocorrelation, which is Accel Entertainment stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Accel Entertainment's stock expected returns. We can calculate the autocorrelation of Accel Entertainment returns to help us make a trade decision. For example, suppose you find that Accel Entertainment has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Accel Entertainment regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Accel Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Accel Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Accel Entertainment stock over time.
   Current vs Lagged Prices   
       Timeline  

Accel Entertainment Lagged Returns

When evaluating Accel Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Accel Entertainment stock have on its future price. Accel Entertainment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Accel Entertainment autocorrelation shows the relationship between Accel Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Accel Entertainment.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Accel Stock

When determining whether Accel Entertainment is a strong investment it is important to analyze Accel Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Accel Entertainment's future performance. For an informed investment choice regarding Accel Stock, refer to the following important reports:
Check out Accel Entertainment Correlation, Accel Entertainment Volatility and Accel Entertainment Alpha and Beta module to complement your research on Accel Entertainment.
For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Accel Entertainment 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 Accel Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Accel Entertainment 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...