American Stock Market Value

AAT
 Stock
  

USD 27.16  0.02  0.07%   

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


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

American Assets '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 American Assets' 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 American Assets.
0.00
09/11/2022
No Change 0.00  0.0 
In 2 months and 31 days
12/10/2022
0.00
If you would invest  0.00  in American Assets on September 11, 2022 and sell it all today you would earn a total of 0.00 from holding American Assets Trust or generate 0.0% return on investment in American Assets over 90 days. American Assets is related to or competes with JPMorgan Chase, Procter Gamble, Merck, Microsoft, Home Depot, Verizon Communications, and Disney. American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust,... More

American Assets 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 American Assets' 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 American Assets Trust upside and downside potential and time the market with a certain degree of confidence.

American Assets Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Assets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Assets' standard deviation. In reality, there are many statistical measures that can use American Assets historical prices to predict the future American Assets' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of American Assets' 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 American Assets in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.0627.1329.20
Details
Intrinsic
Valuation
LowReal ValueHigh
24.4432.6434.71
Details
Naive
Forecast
LowNext ValueHigh
24.9026.9729.04
Details
3 Analysts
Consensus
LowTarget PriceHigh
34.5038.5044.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American Assets. Your research has to be compared to or analyzed against American Assets' peers to derive any actionable benefits. When done correctly, American Assets' 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 American Assets Trust.

American Assets Trust Backtested Returns

American Assets Trust secures Sharpe Ratio (or Efficiency) of -0.0158, which signifies that the company had -0.0158% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in 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. American Assets Trust exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Assets Trust mean deviation of 1.62, and Risk Adjusted Performance of 0.0104 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.9398, which signifies possible diversification benefits within a given portfolio. Let's try to break down what American's beta means in this case. American Assets returns are very sensitive to returns on the market. As the market goes up or down, American Assets is expected to follow. Even though it is essential to pay attention to American Assets Trust historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in 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. American Assets Trust exposes twenty-eight different technical indicators, which can help you to evaluate its performance. American Assets Trust has an expected return of -0.0327%. Please be advised to confirm American Assets Trust potential upside, rate of daily change, and the relationship between the sortino ratio and skewness to decide if American Assets Trust performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.47  

Modest reverse predictability

American Assets Trust has modest reverse predictability. Overlapping area represents the amount of predictability between American Assets time series from 11th of September 2022 to 26th of October 2022 and 26th of October 2022 to 10th of December 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 American Assets Trust price movement. The serial correlation of -0.47 indicates that about 47.0% of current American Assets price fluctuation can be explain by its past prices.
Correlation Coefficient-0.47
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.27

American Assets Trust lagged returns against current returns

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

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

American Assets Lagged Returns

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

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

Moving together with American Assets

+0.732881Fubon Financial Holding SplitPairCorr
+0.81AXPAmerican Express Sell-off TrendPairCorr
+0.86TATT Inc Sell-off TrendPairCorr
+0.89MMM3M Company Sell-off TrendPairCorr
The ability to find closely correlated positions to American Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Assets 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 American Assets - 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 American Assets Trust to buy it.
The correlation of American Assets 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 American Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Assets Trust 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 American Assets 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 American Assets Correlation, American Assets Volatility and American Assets Alpha and Beta module to complement your research on American Assets. Note that the American Assets Trust information on this page should be used as a complementary analysis to other American Assets' 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for American Stock analysis

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