Arena Stock Market Value

AFAC
 Stock
  

USD 10.26  0.01  0.1%   

Arena Fortify's market value is the price at which a share of Arena Fortify stock trades on a public exchange. It measures the collective expectations of Arena Fortify Acquisition investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Arena Fortify Acquisition and determine expected loss or profit from investing in Arena Fortify over a given investment horizon. Please continue to Arena Fortify Correlation, Arena Fortify Volatility and Arena Fortify Alpha and Beta module to complement your research on Arena Fortify.
Symbol


Is Arena Fortify'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 Arena Fortify. If investors know Arena 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 Arena Fortify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
221.2 M
The market value of Arena Fortify Acquisition is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Fortify's value that differs from its market value or its book value, called intrinsic value, which is Arena Fortify'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 Arena Fortify's market value can be influenced by many factors that don't directly affect Arena Fortify'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 Arena Fortify's value and its price as these two are different measures arrived at by different means. Investors typically determine Arena Fortify value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Fortify'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.

Arena Fortify '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 Arena Fortify'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 Arena Fortify.
0.00
12/15/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2022
0.00
If you would invest  0.00  in Arena Fortify on December 15, 2020 and sell it all today you would earn a total of 0.00 from holding Arena Fortify Acquisition or generate 0.0% return on investment in Arena Fortify over 720 days. Arena Fortify is related to or competes with Achari Ventures, Arctos Northstar, and Cartesian Growth. Arena Fortify Acquisition Corp. does not have significant operations More

Arena Fortify 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 Arena Fortify'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 Arena Fortify Acquisition upside and downside potential and time the market with a certain degree of confidence.

Arena Fortify Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Arena Fortify's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arena Fortify's standard deviation. In reality, there are many statistical measures that can use Arena Fortify historical prices to predict the future Arena Fortify's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Arena Fortify'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. Please use the tools below to analyze the current value of Arena Fortify in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.1110.2610.41
Details
Intrinsic
Valuation
LowReal ValueHigh
8.428.5711.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arena Fortify. Your research has to be compared to or analyzed against Arena Fortify's peers to derive any actionable benefits. When done correctly, Arena Fortify'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 Arena Fortify Acquisition.

Arena Fortify Acquisition Backtested Returns

We consider Arena Fortify very steady. Arena Fortify Acquisition secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had 0.23% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Arena Fortify Acquisition, which you can use to evaluate the future volatility of the firm. Please confirm Arena Fortify Acquisition mean deviation of 0.0848, and Risk Adjusted Performance of 0.2446 to double-check if the risk estimate we provide is consistent with the expected return of 0.034%.
Arena Fortify has a performance score of 17 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0035, which signifies not very significant fluctuations relative to the market. Let's try to break down what Arena's beta means in this case. As returns on the market increase, returns on owning Arena Fortify are expected to decrease at a much lower rate. During the bear market, Arena Fortify is likely to outperform the market. Although it is important to respect Arena Fortify Acquisition historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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. By analyzing Arena Fortify Acquisition technical indicators, you can presently evaluate if the expected return of 0.034% will be sustainable into the future. Arena Fortify Acquisition right now shows a risk of 0.15%. Please confirm Arena Fortify Acquisition information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if Arena Fortify Acquisition will be following its price patterns.

Auto-correlation

    
  0.00  

No correlation between past and present

Arena Fortify Acquisition has no correlation between past and present. Overlapping area represents the amount of predictability between Arena Fortify time series from 15th of December 2020 to 10th of December 2021 and 10th of December 2021 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arena Fortify Acquisition price movement. The serial correlation of 0.0 indicates that just 0.0% of current Arena Fortify price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Arena Fortify Acquisition lagged returns against current returns

Autocorrelation, which is Arena Fortify 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 Arena Fortify's stock expected returns. We can calculate the autocorrelation of Arena Fortify returns to help us make a trade decision. For example, suppose you find that Arena Fortify stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Arena Fortify 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 Arena Fortify stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arena Fortify stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arena Fortify stock over time.
   Current vs Lagged Prices   
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       Timeline  

Arena Fortify Lagged Returns

When evaluating Arena Fortify's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arena Fortify stock have on its future price. Arena Fortify 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, Arena Fortify autocorrelation shows the relationship between Arena Fortify stock current value and its past values and can show if there is a momentum factor associated with investing in Arena Fortify Acquisition.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arena Fortify without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Arena Fortify

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 Arena Fortify 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 Arena Fortify will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arena Fortify

+0.73BACBank Of America TrendingPairCorr
+0.67BLKBlackRock Fiscal Year End 13th of January 2023 PairCorr

Moving against Arena Fortify

-0.57FRCFirst Republic Bank Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Arena Fortify could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena Fortify 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 Arena Fortify - 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 Arena Fortify Acquisition to buy it.
The correlation of Arena Fortify is a statistical measure of how it moves in relation to other equities. 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 Arena Fortify moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Fortify Acquisition 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 Arena Fortify 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.
Pair CorrelationCorrelation Matching
Please continue to Arena Fortify Correlation, Arena Fortify Volatility and Arena Fortify Alpha and Beta module to complement your research on Arena Fortify. Note that the Arena Fortify Acquisition information on this page should be used as a complementary analysis to other Arena Fortify's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Arena Fortify Acquisition price analysis, check to measure Arena Fortify'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 Arena Fortify is operating at the current time. Most of Arena Fortify's value examination focuses on studying past and present price action to predict the probability of Arena Fortify's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Arena Fortify's price. Additionally, you may evaluate how the addition of Arena Fortify to your portfolios can decrease your overall portfolio volatility.
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Arena Fortify 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 Arena Fortify technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Arena Fortify 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...