Arena Beneish M Score

AREN
 Stock
  

USD 13.85  0.17  1.21%   

This module uses fundamental data of Arena to approximate the value of its Beneish M Score. Arena M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Please continue to Arena Piotroski F Score and Arena Altman Z Score analysis.
  
At this time, Arena's M Score is unavailable. The earnings manipulation may begin if Arena's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Arena executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Arena's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unavailable
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin StrengsN/AFocus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales GrowthN/AFocus
Financial Leverage ConditionN/AFocus

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About Arena Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Arena Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Arena using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Arena Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorporated in 1990 and is based in New York, New York.
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 Arena 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, Arena's short interest history, or implied volatility extrapolated from Arena options trading.

Pair Trading with Arena

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

Moving together with Arena

+0.81SGMLSigma Lithium Corp Sell-off TrendPairCorr
The ability to find closely correlated positions to Arena 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 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 - 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 The Arena Group to buy it.
The correlation of Arena 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Group 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 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 Piotroski F Score and Arena Altman Z Score analysis. Note that the Arena Group information on this page should be used as a complementary analysis to other Arena'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Arena Stock analysis

When running Arena Group price analysis, check to measure Arena'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 is operating at the current time. Most of Arena's value examination focuses on studying past and present price action to predict the probability of Arena's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Arena's price. Additionally, you may evaluate how the addition of Arena to your portfolios can decrease your overall portfolio volatility.
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Is Arena'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
252.7 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
(0.23) 
The market value of Arena Group 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's value that differs from its market value or its book value, called intrinsic value, which is Arena'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's market value can be influenced by many factors that don't directly affect Arena'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Arena value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena'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.