Aerojet Stock Price on August 13, 2022 Breakdown

AJRD
 Stock
  

USD 39.88  0.53  1.31%   

As of today, the current price of Aerojet Rocketdyne is  39.88 , as last reported on the 27th of September, with the highest price reaching  40.79  and the lowest price hitting  39.61  during the day.
We consider Aerojet Rocketdyne very steady. Aerojet Rocketdyne secures Sharpe Ratio (or Efficiency) of 0.016, which signifies that the company had 0.016% of return per unit of risk over the last 3 months. Our standpoint 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-eight technical indicators for Aerojet Rocketdyne Holdings, which you can use to evaluate the future volatility of the firm. Please confirm Aerojet Rocketdyne Risk Adjusted Performance of 0.0499, mean deviation of 1.42, and Downside Deviation of 2.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0316%.
  

Aerojet Rocketdyne Valuation on August 13, 2022

It is possible to determine the worth of Aerojet Rocketdyne on a given historical date. On August 13, 2022 Aerojet was worth 41.24 at the beginning of the trading date compared to the closed value of 41.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aerojet Rocketdyne stock. Still, in general, we apply an absolute valuation method to find Aerojet Rocketdyne's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aerojet Rocketdyne's related companies.
 Open High Low Close Volume
  41.08    41.10    40.66    40.79    508,220  
08/10/2022
  41.24    41.50    41.00    41.21    480,461  
  41.54    41.88    41.06    41.36    464,640  
Backtest Aerojet Rocketdyne  |  Aerojet Rocketdyne History  |  Aerojet Rocketdyne Valuation   PreviousNext  
Open Value 41.24
41.21
Closing Value
47.16
Upside

Aerojet Rocketdyne Trading Date Momentum on August 13, 2022

On August 11 2022 Aerojet Rocketdyne Holdings was traded for  41.36  at the closing time. The top price for the day was 41.88  and the lowest listed price was  41.06 . The trading volume for the day was 464.6 K. The trading history from August 11, 2022 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.36% . The overall trading delta against the current closing price is 5.63% .

Aerojet Rocketdyne Fundamentals Correlations and Trends

By evaluating Aerojet Rocketdyne's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aerojet Rocketdyne's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aerojet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aerojet Rocketdyne Stock history

Aerojet Rocketdyne investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aerojet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aerojet Rocketdyne will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aerojet Rocketdyne historical stock prices may prove useful in developing a viable investing in Aerojet Rocketdyne
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Aerojet Rocketdyne operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.

Aerojet Rocketdyne Stock Technical Analysis

Aerojet Rocketdyne 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 Aerojet Rocketdyne technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aerojet Rocketdyne 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...

Price Boundaries

Aerojet Rocketdyne Period Price Range

Low
August 10, 2022
High

 41.24 

  

 41.21 

-0.03-0.07%

Aerojet Rocketdyne September 27, 2022 Market Strength

Market strength indicators help investors to evaluate how Aerojet Rocketdyne stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aerojet Rocketdyne shares will generate the highest return on investment. By undertsting and applying Aerojet Rocketdyne stock market strength indicators, traders can identify Aerojet Rocketdyne Holdings entry and exit signals to maximize returns

Aerojet Rocketdyne Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aerojet stock's direction in advance. Along with the technical and fundamental analysis of Aerojet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aerojet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please continue to Trending Equities. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for analysis

When running Aerojet Rocketdyne price analysis, check to measure Aerojet Rocketdyne'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 Aerojet Rocketdyne is operating at the current time. Most of Aerojet Rocketdyne's value examination focuses on studying past and present price action to predict the probability of Aerojet Rocketdyne's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aerojet Rocketdyne's price. Additionally, you may evaluate how the addition of Aerojet Rocketdyne to your portfolios can decrease your overall portfolio volatility.
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Is Aerojet Rocketdyne'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 Aerojet Rocketdyne. If investors know Aerojet 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 Aerojet Rocketdyne 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 Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne'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 Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne'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 Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne'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.