Altisource Stock Market Value

AAMC
 Stock
  

USD 17.00  1.93  12.81%   

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


Is Altisource Asset'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 Altisource Asset. If investors know Altisource 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 Altisource Asset 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 Altisource Asset Man is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Asset's value that differs from its market value or its book value, called intrinsic value, which is Altisource Asset'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 Altisource Asset's market value can be influenced by many factors that don't directly affect Altisource Asset'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 Altisource Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Altisource Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Asset'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.

Altisource Asset '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 Altisource Asset'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 Altisource Asset.
0.00
04/05/2021
No Change 0.00  0.0 
In 1 year 5 months and 25 days
09/27/2022
0.00
If you would invest  0.00  in Altisource Asset on April 5, 2021 and sell it all today you would earn a total of 0.00 from holding Altisource Asset Management or generate 0.0% return on investment in Altisource Asset over 540 days. Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-s... More

Altisource Asset 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 Altisource Asset'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 Altisource Asset Management upside and downside potential and time the market with a certain degree of confidence.

Altisource Asset Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Altisource Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altisource Asset's standard deviation. In reality, there are many statistical measures that can use Altisource Asset historical prices to predict the future Altisource Asset's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Altisource Asset'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 Altisource Asset in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.2814.7622.24
Details
Intrinsic
Valuation
LowReal ValueHigh
5.7313.2120.69
Details
Naive
Forecast
LowNext ValueHigh
6.0713.5521.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.8516.4117.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altisource Asset. Your research has to be compared to or analyzed against Altisource Asset's peers to derive any actionable benefits. When done correctly, Altisource Asset'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 Altisource Asset Man.

Altisource Asset Man Backtested Returns

Altisource Asset is slightly risky given 3 months investment horizon. Altisource Asset Man secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had 0.15% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the risk of a stock is to use both market data as well as company specific technical data. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Altisource Asset Mean Deviation of 4.84, downside deviation of 6.1, and Risk Adjusted Performance of 0.1218 to evaluate company specific risk that cannot be diversified away.
Altisource Asset holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.4258, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Altisource's beta means in this case. As returns on the market increase, Altisource Asset returns are expected to increase less than the market. However, during the bear market, the loss on holding Altisource Asset will be expected to be smaller as well. Although it is vital to follow Altisource Asset Man historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy towards foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Altisource Asset Management expected return of 1.12 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use Altisource Asset expected short fall, day median price, and the relationship between the potential upside and accumulation distribution to analyze future returns on Altisource Asset.

Auto-correlation

    
  0.06  

Virtually no predictability

Altisource Asset Management has virtually no predictability. Overlapping area represents the amount of predictability between Altisource Asset time series from 5th of April 2021 to 31st of December 2021 and 31st of December 2021 to 27th of September 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 Altisource Asset Man price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Altisource Asset price fluctuation can be explain by its past prices.
Correlation Coefficient0.06
Spearman Rank Test0.2
Residual Average0.0
Price Variance15.42

Altisource Asset Man lagged returns against current returns

Autocorrelation, which is Altisource Asset 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 Altisource Asset's stock expected returns. We can calculate the autocorrelation of Altisource Asset returns to help us make a trade decision. For example, suppose you find that Altisource Asset 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  

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

Altisource Asset Lagged Returns

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

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

Moving together with Altisource Asset

+0.74BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Altisource Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altisource Asset 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 Altisource Asset - 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 Altisource Asset Management to buy it.
The correlation of Altisource Asset 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 Altisource Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Asset Man 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 Altisource Asset 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 Altisource Asset Correlation, Altisource Asset Volatility and Altisource Asset Alpha and Beta module to complement your research on Altisource Asset. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for analysis

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