Aci Worldwide Stock Market Value
| ACIW Stock | USD 31.51 0.02 0.06% |
| Symbol | ACI |
ACI Worldwide Price To Book Ratio
Is ACI Worldwide'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 ACI Worldwide. If investors know ACI 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 ACI Worldwide 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 0.397 | Earnings Share 1.12 | Revenue Per Share 13.388 | Quarterly Revenue Growth 0.055 | Return On Assets 0.0467 |
The market value of ACI Worldwide is measured differently than its book value, which is the value of ACI that is recorded on the company's balance sheet. Investors also form their own opinion of ACI Worldwide's value that differs from its market value or its book value, called intrinsic value, which is ACI Worldwide'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 ACI Worldwide's market value can be influenced by many factors that don't directly affect ACI Worldwide'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 ACI Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACI Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACI Worldwide'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.
ACI Worldwide '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 ACI Worldwide'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 ACI Worldwide.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in ACI Worldwide on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding ACI Worldwide or generate 0.0% return on investment in ACI Worldwide over 30 days. ACI Worldwide is related to or competes with Evertec, CSG Systems, Radware, and NetScout Systems. ACI Worldwide, Inc., a software company, develops, markets, installs, and supports a range of software products and solu... More
ACI Worldwide 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 ACI Worldwide'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 ACI Worldwide upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0105 | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.65 |
ACI Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACI Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACI Worldwide's standard deviation. In reality, there are many statistical measures that can use ACI Worldwide historical prices to predict the future ACI Worldwide's volatility.| Risk Adjusted Performance | 0.037 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | 0.0484 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ACI Worldwide'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.
ACI Worldwide Backtested Returns
We consider ACI Worldwide very steady. ACI Worldwide secures Sharpe Ratio (or Efficiency) of 0.0343, which signifies that the company had a 0.0343% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ACI Worldwide, which you can use to evaluate the volatility of the entity. Please confirm ACI Worldwide's Downside Deviation of 1.71, mean deviation of 1.35, and Coefficient Of Variation of 2028.99 to double-check if the risk estimate we provide is consistent with the expected return of 0.0609%. ACI Worldwide has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.6, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ACI Worldwide will likely underperform. ACI Worldwide at this moment shows a risk of 1.77%. Please confirm ACI Worldwide potential upside, and the relationship between the total risk alpha and kurtosis , to decide if ACI Worldwide will be following its price patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
ACI Worldwide has poor reverse predictability. Overlapping area represents the amount of predictability between ACI Worldwide time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 ACI Worldwide price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current ACI Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
ACI Worldwide lagged returns against current returns
Autocorrelation, which is ACI Worldwide 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 ACI Worldwide's stock expected returns. We can calculate the autocorrelation of ACI Worldwide returns to help us make a trade decision. For example, suppose you find that ACI Worldwide 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 |
ACI Worldwide 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 ACI Worldwide stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACI Worldwide stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACI Worldwide stock over time.
Current vs Lagged Prices |
| Timeline |
ACI Worldwide Lagged Returns
When evaluating ACI Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACI Worldwide stock have on its future price. ACI Worldwide 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, ACI Worldwide autocorrelation shows the relationship between ACI Worldwide stock current value and its past values and can show if there is a momentum factor associated with investing in ACI Worldwide.
Regressed Prices |
| Timeline |
ACI Worldwide Investors Sentiment
The influence of ACI Worldwide's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ACI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ACI Worldwide's public news can be used to forecast risks associated with an investment in ACI. The trend in average sentiment can be used to explain how an investor holding ACI can time the market purely based on public headlines and social activities around ACI Worldwide. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ACI Worldwide's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ACI Worldwide's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ACI Worldwide's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ACI Worldwide.
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 ACI Worldwide 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, ACI Worldwide's short interest history, or implied volatility extrapolated from ACI Worldwide options trading.
Pair Trading with ACI Worldwide
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 ACI Worldwide 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 ACI Worldwide will appreciate offsetting losses from the drop in the long position's value.Moving together with ACI Stock
| 0.71 | GB | Global Blue Group | PairCorr |
Moving against ACI Stock
| 0.67 | VRSN | VeriSign Earnings Call This Week | PairCorr |
| 0.66 | ZS | Zscaler Financial Report 6th of June 2024 | PairCorr |
| 0.55 | EVCM | EverCommerce Financial Report 14th of May 2024 | PairCorr |
| 0.48 | S | SentinelOne Sell-off Trend | PairCorr |
| 0.48 | EVTC | Evertec Financial Report 24th of April 2024 | PairCorr |
The ability to find closely correlated positions to ACI Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACI Worldwide 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 ACI Worldwide - 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 ACI Worldwide to buy it.
The correlation of ACI Worldwide 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 ACI Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACI Worldwide 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 ACI Worldwide 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 ACI Worldwide Correlation, ACI Worldwide Volatility and ACI Worldwide Alpha and Beta module to complement your research on ACI Worldwide. For more information on how to buy ACI Stock please use our How to Invest in ACI Worldwide guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for ACI Stock analysis
When running ACI Worldwide's price analysis, check to measure ACI Worldwide'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 ACI Worldwide is operating at the current time. Most of ACI Worldwide's value examination focuses on studying past and present price action to predict the probability of ACI Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACI Worldwide's price. Additionally, you may evaluate how the addition of ACI Worldwide to your portfolios can decrease your overall portfolio volatility.
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ACI Worldwide 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.