Aarons Stock Market Value

AAN
 Stock
  

USD 16.08  0.10  0.62%   

Aarons Holdings' market value is the price at which a share of Aarons Holdings stock trades on a public exchange. It measures the collective expectations of Aarons Holdings investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Aarons Holdings and determine expected loss or profit from investing in Aarons Holdings over a given investment horizon. Please continue to Aarons Holdings Hype Analysis, Aarons Holdings Correlation, Aarons Holdings Valuation, Aarons Holdings Volatility, as well as analyze Aarons Holdings Alpha and Beta and Aarons Holdings Performance.
Symbol
Backtest


Is Aarons Holdings' 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 Aarons Holdings. If investors know Aarons 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 Aarons Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.35
Market Capitalization
496.9 M
Quarterly Revenue Growth YOY
-0.052
Return On Assets
0.0953
Return On Equity
0.13
The market value of Aarons Holdings is measured differently than its book value, which is the value of Aarons that is recorded on the company's balance sheet. Investors also form their own opinion of Aarons Holdings' value that differs from its market value or its book value, called intrinsic value, which is Aarons Holdings' 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 Aarons Holdings' market value can be influenced by many factors that don't directly affect Aarons Holdings' 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 Aarons Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Aarons Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aarons Holdings' 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.

Aarons Holdings '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 Aarons Holdings' 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 Aarons Holdings.
0.00
07/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/27/2022
0.00
If you would invest  0.00  in Aarons Holdings on July 7, 2020 and sell it all today you would earn a total of 0.00 from holding Aarons Holdings or generate 0.0% return on investment in Aarons Holdings over 720 days. Aarons Holdings is related to or competes with Advance Auto, Academy Sports, Bed Bath, Build-A-Bear Workshop, Best Buy, U S, and Atlas Salt. The Aarons Company, Inc. provides lease-to-own and purchase solutionsMore

Aarons Holdings 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 Aarons Holdings' 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 Aarons Holdings upside and downside potential and time the market with a certain degree of confidence.

Aarons Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aarons Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aarons Holdings' standard deviation. In reality, there are many statistical measures that can use Aarons Holdings historical prices to predict the future Aarons Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aarons Holdings' 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 Aarons Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
13.4216.4519.48
Details
Intrinsic
Valuation
LowReal ValueHigh
14.4719.4922.52
Details
Naive
Forecast
LowNext ValueHigh
11.9815.0118.04
Details
7 Analysts
Consensus
LowTarget PriceHigh
27.0031.8037.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aarons Holdings. Your research has to be compared to or analyzed against Aarons Holdings' peers to derive any actionable benefits. When done correctly, Aarons Holdings' 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 Aarons Holdings.

Aarons Holdings Backtested Returns

Aarons Holdings 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. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Aarons Holdings exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Aarons Holdings mean deviation of 2.42, and Risk Adjusted Performance of (0.20) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.1934, which signifies a somewhat significant risk relative to the market. Let's try to break down what Aarons's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aarons Holdings will likely underperform. Even though it is essential to pay attention to Aarons Holdings historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Aarons Holdings exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Aarons Holdings has an expected return of -0.45%. Please be advised to confirm Aarons Holdings semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Aarons Holdings performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.76  

Almost perfect reverse predictability

Aarons Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aarons Holdings time series from 7th of July 2020 to 2nd of July 2021 and 2nd of July 2021 to 27th of June 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 Aarons Holdings price movement. The serial correlation of -0.76 indicates that around 76.0% of current Aarons Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.76
Spearman Rank Test-0.79
Residual Average0.0
Price Variance6.05

Aarons Holdings lagged returns against current returns

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

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

Aarons Holdings Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aarons Holdings 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 Aarons Holdings

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

Aarons Holdings Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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

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