AAR Corp Stock Market Value

AIR -  USA Stock  

USD 44.85  0.60  1.32%

AAR Corp's market value is the price at which a share of AAR Corp stock trades on a public exchange. It measures the collective expectations of AAR Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of AAR Corp and determine expected loss or profit from investing in AAR Corp over a given investment horizon. Please continue to AAR Corp Hype Analysis, AAR Corp Correlation, AAR Corp Valuation, AAR Corp Volatility, as well as analyze AAR Corp Alpha and Beta and AAR Corp Performance.
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Is AAR Corp'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 AAR Corp. If investors know AAR Corp 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 AAR Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AAR Corp is measured differently than its book value, which is the value of AAR Corp that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp'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 AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp'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 AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine AAR Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp'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.

AAR Corp '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 AAR Corp'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 AAR Corp.
0.00
04/23/2022
No Change 0.00  0.0 
In 30 days
05/23/2022
0.00
If you would invest  0.00  in AAR Corp on April 23, 2022 and sell it all today you would earn a total of 0.00 from holding AAR Corp or generate 0.0% return on investment in AAR Corp over 30 days. AAR Corp is related to or competes with CAE, Ducommun, Ehang Holdings, General Dynamics, Kaman Corp, Huntington Ingalls, and Hexcel Corp. AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide

AAR Corp 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 AAR Corp'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 AAR Corp upside and downside potential and time the market with a certain degree of confidence.

AAR Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AAR Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAR Corp's standard deviation. In reality, there are many statistical measures that can use AAR Corp historical prices to predict the future AAR Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AAR Corp'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 AAR Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
42.6244.7246.82
Details
Intrinsic
Valuation
LowReal ValueHigh
40.3749.4051.50
Details
Naive
Forecast
LowNext ValueHigh
43.5945.6947.80
Details
2 Analysts
Consensus
LowTarget PriceHigh
45.0049.5053.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AAR Corp. Your research has to be compared to or analyzed against AAR Corp's peers to derive any actionable benefits. When done correctly, AAR 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 AAR Corp.

AAR Corp Backtested Returns

We consider AAR Corp very steady. AAR Corp secures Sharpe Ratio (or Efficiency) of 0.0541, which signifies that the company had 0.0541% of return per unit of risk over the last 3 months. Our approach towards 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-one technical indicators for AAR Corp, which you can use to evaluate the future volatility of the entity. Please confirm AAR Corp Coefficient Of Variation of 5754.68, mean deviation of 1.52, and Semi Deviation of 1.84 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
AAR Corp has performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.7946, which signifies possible diversification benefits within a given portfolio. Let's try to break down what AAR Corp's beta means in this case. As returns on the market increase, AAR Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding AAR Corp will be expected to be smaller as well. Although it is extremely important to respect AAR Corp historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach towards 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 examining AAR Corp technical indicators, you can right now evaluate if the expected return of 0.11% will be sustainable into the future. AAR Corp at this time shows a risk of 2.1%. Please confirm AAR Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if AAR Corp will be following its price patterns.

Auto-correlation

    
  0.17  

Very weak predictability

AAR Corp has very weak predictability. Overlapping area represents the amount of predictability between AAR Corp time series from 23rd of April 2022 to 8th of May 2022 and 8th of May 2022 to 23rd of May 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 AAR Corp price movement. The serial correlation of 0.17 indicates that over 17.0% of current AAR Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.17
Spearman Rank Test0.41
Residual Average0.0
Price Variance0.37

AAR Corp lagged returns against current returns

Autocorrelation, which is AAR Corp 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 AAR Corp's stock expected returns. We can calculate the autocorrelation of AAR Corp returns to help us make a trade decision. For example, suppose you find that AAR Corp 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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AAR Corp 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 AAR Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAR Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAR Corp stock over time.
 Current vs Lagged Prices 
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AAR Corp Lagged Returns

When evaluating AAR Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAR Corp stock have on its future price. AAR Corp 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, AAR Corp autocorrelation shows the relationship between AAR Corp stock current value and its past values and can show if there is a momentum factor associated with investing in AAR Corp.
 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 AAR Corp without increasing your portfolio risk or giving up 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 AAR Corp

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 AAR Corp 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 AAR Corp will appreciate offsetting losses from the drop in the long position's value.

AAR Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp 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 AAR Corp - 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 AAR Corp to buy it.
The correlation of AAR Corp 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 AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp 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 AAR Corp 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 AAR Corp Hype Analysis, AAR Corp Correlation, AAR Corp Valuation, AAR Corp Volatility, as well as analyze AAR Corp Alpha and Beta and AAR Corp Performance. Note that the AAR Corp information on this page should be used as a complementary analysis to other AAR Corp'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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