Aeroclean Stock Market Value

AERC
 Stock
  

USD 3.41  0.03  0.87%   

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


Is Aeroclean Technologies' 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 Aeroclean Technologies. If investors know Aeroclean 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 Aeroclean Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
53.3 M
Quarterly Revenue Growth YOY
(0.78) 
Return On Assets
(0.53) 
Return On Equity
(0.22) 
The market value of Aeroclean Technologies is measured differently than its book value, which is the value of Aeroclean that is recorded on the company's balance sheet. Investors also form their own opinion of Aeroclean Technologies' value that differs from its market value or its book value, called intrinsic value, which is Aeroclean Technologies' 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 Aeroclean Technologies' market value can be influenced by many factors that don't directly affect Aeroclean Technologies' 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 Aeroclean Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Aeroclean Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeroclean Technologies' 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.

Aeroclean Technologies '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 Aeroclean Technologies' 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 Aeroclean Technologies.
0.00
10/31/2022
No Change 0.00  0.0 
In 31 days
11/30/2022
0.00
If you would invest  0.00  in Aeroclean Technologies on October 31, 2022 and sell it all today you would earn a total of 0.00 from holding Aeroclean Technologies or generate 0.0% return on investment in Aeroclean Technologies over 30 days. Aeroclean Technologies is related to or competes with Dr Foods, and Xpo Logistics. AeroClean Technologies, Inc., an interior space air purification technology company, provides air purification solutions... More

Aeroclean Technologies 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 Aeroclean Technologies' 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 Aeroclean Technologies upside and downside potential and time the market with a certain degree of confidence.

Aeroclean Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeroclean Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeroclean Technologies' standard deviation. In reality, there are many statistical measures that can use Aeroclean Technologies historical prices to predict the future Aeroclean Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aeroclean Technologies' 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 Aeroclean Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.183.5216.38
Details
Intrinsic
Valuation
LowReal ValueHigh
0.163.2416.10
Details
Naive
Forecast
LowNext ValueHigh
0.073.6016.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.823.213.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aeroclean Technologies. Your research has to be compared to or analyzed against Aeroclean Technologies' peers to derive any actionable benefits. When done correctly, Aeroclean Technologies' 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 Aeroclean Technologies.

Aeroclean Technologies Backtested Returns

Aeroclean Technologies appears to be dangerous, given 3 months investment horizon. Aeroclean Technologies secures Sharpe Ratio (or Efficiency) of 0.059, which signifies that the company had 0.059% 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. By analyzing Aeroclean Technologies technical indicators you can presently evaluate if the expected return of 0.75% is justified by implied risk. Please makes use of Aeroclean Technologies' Mean Deviation of 6.57, downside deviation of 7.26, and Risk Adjusted Performance of 0.0518 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Aeroclean Technologies holds a performance score of 4. The firm shows a Beta (market volatility) of 3.7259, which signifies a somewhat significant risk relative to the market. Let's try to break down what Aeroclean'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, Aeroclean Technologies will likely underperform. Although it is vital to follow Aeroclean Technologies historical returns, it is good to be conservative about what you can do with the information regarding equity 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. We have found twenty-eight technical indicators for Aeroclean Technologies, which you can use to evaluate the performance of the firm. Please makes use of Aeroclean Technologies semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to make a quick decision on whether Aeroclean Technologies price patterns will revert.

Auto-correlation

    
  0.28  

Poor predictability

Aeroclean Technologies has poor predictability. Overlapping area represents the amount of predictability between Aeroclean Technologies time series from 31st of October 2022 to 15th of November 2022 and 15th of November 2022 to 30th of November 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 Aeroclean Technologies price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Aeroclean Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.02

Aeroclean Technologies lagged returns against current returns

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

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

Aeroclean Technologies Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aeroclean Technologies 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 Aeroclean Technologies

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 Aeroclean Technologies 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 Aeroclean Technologies will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aeroclean Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeroclean Technologies 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 Aeroclean Technologies - 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 Aeroclean Technologies to buy it.
The correlation of Aeroclean Technologies 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 Aeroclean Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeroclean Technologies 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 Aeroclean Technologies 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 Aeroclean Technologies Correlation, Aeroclean Technologies Volatility and Aeroclean Technologies Alpha and Beta module to complement your research on Aeroclean Technologies. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for analysis

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