Ault Alliance Stock Market Value
| AULT Stock | 0.30 0.02 6.25% |
| Symbol | Ault |
Ault Alliance Price To Book Ratio
Is Ault Alliance'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 Ault Alliance. If investors know Ault 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 Ault Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share -7.7 K | Revenue Per Share 220.966 | Quarterly Revenue Growth 0.198 | Return On Assets (0.13) | Return On Equity (1.70) |
The market value of Ault Alliance is measured differently than its book value, which is the value of Ault that is recorded on the company's balance sheet. Investors also form their own opinion of Ault Alliance's value that differs from its market value or its book value, called intrinsic value, which is Ault Alliance'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 Ault Alliance's market value can be influenced by many factors that don't directly affect Ault Alliance'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 Ault Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ault Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ault Alliance'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.
Ault Alliance '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 Ault Alliance'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 Ault Alliance.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Ault Alliance on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Ault Alliance or generate 0.0% return on investment in Ault Alliance over 30 days. Ault Alliance is related to or competes with Lockheed Martin, General Dynamics, Raytheon Technologies, Huntington Ingalls, Boeing, Curtiss Wright, and Hexcel. Ault Alliance is entity of United States More
Ault Alliance 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 Ault Alliance'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 Ault Alliance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 41.98 | |||
| Value At Risk | (13.04) | |||
| Potential Upside | 17.95 |
Ault Alliance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ault Alliance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ault Alliance's standard deviation. In reality, there are many statistical measures that can use Ault Alliance historical prices to predict the future Ault Alliance's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.95) | |||
| Total Risk Alpha | (2.15) | |||
| Treynor Ratio | 8.16 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ault Alliance'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.
Ault Alliance Backtested Returns
Ault Alliance secures Sharpe Ratio (or Efficiency) of -0.0921, which signifies that the company had a -0.0921% return per unit of risk over the last 3 months. Ault Alliance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ault Alliance's Mean Deviation of 6.1, standard deviation of 8.7, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ault Alliance are expected to decrease at a much lower rate. During the bear market, Ault Alliance is likely to outperform the market. Ault Alliance has an expected return of -0.81%. Please make sure to confirm Ault Alliance value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Ault Alliance performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Ault Alliance has poor predictability. Overlapping area represents the amount of predictability between Ault Alliance time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Ault Alliance price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Ault Alliance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ault Alliance lagged returns against current returns
Autocorrelation, which is Ault Alliance 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 Ault Alliance's stock expected returns. We can calculate the autocorrelation of Ault Alliance returns to help us make a trade decision. For example, suppose you find that Ault Alliance 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 |
Ault Alliance 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 Ault Alliance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ault Alliance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ault Alliance stock over time.
Current vs Lagged Prices |
| Timeline |
Ault Alliance Lagged Returns
When evaluating Ault Alliance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ault Alliance stock have on its future price. Ault Alliance 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, Ault Alliance autocorrelation shows the relationship between Ault Alliance stock current value and its past values and can show if there is a momentum factor associated with investing in Ault Alliance.
Regressed Prices |
| Timeline |
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 Ault Alliance 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, Ault Alliance's short interest history, or implied volatility extrapolated from Ault Alliance options trading.
Pair Trading with Ault Alliance
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 Ault Alliance 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 Ault Alliance will appreciate offsetting losses from the drop in the long position's value.Moving together with Ault Stock
| 0.67 | AZ | A2Z Smart Technologies | PairCorr |
| 0.71 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
Moving against Ault Stock
| 0.82 | GD | General Dynamics Financial Report 24th of July 2024 | PairCorr |
| 0.79 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
| 0.74 | CW | Curtiss Wright Earnings Call Next Week | PairCorr |
| 0.7 | HEI | Heico Financial Report 27th of May 2024 | PairCorr |
| 0.65 | ERJ | Embraer SA ADR Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Ault Alliance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ault Alliance 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 Ault Alliance - 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 Ault Alliance to buy it.
The correlation of Ault Alliance 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 Ault Alliance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ault Alliance 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 Ault Alliance 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 Ault Alliance Correlation, Ault Alliance Volatility and Ault Alliance Alpha and Beta module to complement your research on Ault Alliance. For more information on how to buy Ault Stock please use our How to Invest in Ault Alliance guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Ault Alliance's price analysis, check to measure Ault Alliance'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 Ault Alliance is operating at the current time. Most of Ault Alliance's value examination focuses on studying past and present price action to predict the probability of Ault Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ault Alliance's price. Additionally, you may evaluate how the addition of Ault Alliance to your portfolios can decrease your overall portfolio volatility.
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Ault Alliance 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.