Associated Stock Market Value

AC
 Stock
  

USD 42.07  0.43  1.03%   

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


Is Associated Capital'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 Associated Capital. If investors know Associated 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 Associated Capital 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
(0.81) 
Market Capitalization
916.4 M
Quarterly Revenue Growth YOY
0.21
Return On Assets
(0.0063) 
Return On Equity
(0.0489) 
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Associated Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.

Associated Capital '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 Associated Capital'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 Associated Capital.
0.00
11/06/2022
No Change 0.00  0.0 
In 30 days
12/06/2022
0.00
If you would invest  0.00  in Associated Capital on November 6, 2022 and sell it all today you would earn a total of 0.00 from holding Associated Capital Group or generate 0.0% return on investment in Associated Capital over 30 days. Associated Capital is related to or competes with Fiskars Oyj, Wesfarmers, Calloways Nursery, Home Depot, HORNBACH Holding, and Tile Shop. Associated Capital Group, Inc. provides investment advisory services in the United States More

Associated Capital 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 Associated Capital'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 Associated Capital Group upside and downside potential and time the market with a certain degree of confidence.

Associated Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated Capital's standard deviation. In reality, there are many statistical measures that can use Associated Capital historical prices to predict the future Associated Capital's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Associated Capital'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 Associated Capital in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
40.2942.1343.97
Details
Intrinsic
Valuation
LowReal ValueHigh
38.5740.4142.25
Details
Naive
Forecast
LowNext ValueHigh
40.2642.1043.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.0240.5442.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Associated Capital. Your research has to be compared to or analyzed against Associated Capital's peers to derive any actionable benefits. When done correctly, Associated Capital'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 Associated Capital.

Associated Capital Backtested Returns

We consider Associated Capital very steady. Associated Capital secures Sharpe Ratio (or Efficiency) of 0.0394, which signifies that the company had 0.0394% 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-one technical indicators for Associated Capital Group, which you can use to evaluate the future volatility of the firm. Please confirm Associated Capital Downside Deviation of 1.89, risk adjusted performance of 0.0715, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.073%.
Associated Capital has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.5312, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Associated's beta means in this case. As returns on the market increase, Associated Capital returns are expected to increase less than the market. However, during the bear market, the loss on holding Associated Capital will be expected to be smaller as well. Although it is important to respect Associated Capital historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Associated Capital technical indicators, you can presently evaluate if the expected return of 0.073% will be sustainable into the future. Associated Capital right now shows a risk of 1.85%. Please confirm Associated Capital value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Associated Capital will be following its price patterns.

Auto-correlation

    
  0.18  

Very weak predictability

Associated Capital Group has very weak predictability. Overlapping area represents the amount of predictability between Associated Capital time series from 6th of November 2022 to 21st of November 2022 and 21st of November 2022 to 6th 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 Associated Capital price movement. The serial correlation of 0.18 indicates that over 18.0% of current Associated Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.18
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.8

Associated Capital lagged returns against current returns

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

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

Associated Capital Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Associated Capital 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 Associated Capital

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 Associated Capital 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Associated Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Capital 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 Associated Capital - 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 Associated Capital Group to buy it.
The correlation of Associated Capital 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated Capital 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 Associated Capital Correlation, Associated Capital Volatility and Associated Capital Alpha and Beta module to complement your research on Associated Capital. Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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