AAR Corp Stock Market Value

AIR
 Stock
  

USD 46.92  0.64  1.35%   

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


Is AAR Corp'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 AAR Corp. If investors know AAR Corp 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 AAR Corp 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
0.98
Market Capitalization
1.7 B
Quarterly Revenue Growth YOY
(0.019) 
Return On Assets
0.051
Return On Equity
0.0885
The market value of AAR Corp is measured differently than its book value, which is the value of AAR Corp that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp'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 AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp'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 AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine AAR Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp'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.

AAR Corp '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 AAR Corp'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 AAR Corp.
0.00
11/05/2022
No Change 0.00  0.0 
In 31 days
12/05/2022
0.00
If you would invest  0.00  in AAR Corp on November 5, 2022 and sell it all today you would earn a total of 0.00 from holding AAR Corp or generate 0.0% return on investment in AAR Corp over 30 days. AAR Corp is related to or competes with Elbit Systems. AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide More

AAR Corp 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 AAR Corp'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 AAR Corp upside and downside potential and time the market with a certain degree of confidence.

AAR Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AAR Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAR Corp's standard deviation. In reality, there are many statistical measures that can use AAR Corp historical prices to predict the future AAR Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of AAR Corp'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 AAR Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
44.8547.0849.31
Details
Intrinsic
Valuation
LowReal ValueHigh
44.5946.8249.05
Details
2 Analysts
Consensus
LowTarget PriceHigh
45.0049.5053.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
2.502.502.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AAR Corp. Your research has to be compared to or analyzed against AAR Corp's peers to derive any actionable benefits. When done correctly, AAR Corp'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 AAR Corp.

AAR Corp Backtested Returns

We consider AAR Corp very steady. AAR Corp secures Sharpe Ratio (or Efficiency) of 0.0827, which signifies that the company had 0.0827% of return per unit of risk over the last 3 months. Our approach 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-eight technical indicators for AAR Corp, which you can use to evaluate the future volatility of the entity. Please confirm AAR Corp Semi Deviation of 2.33, coefficient of variation of 1227.13, and Mean Deviation of 1.65 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
AAR Corp has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1839, which signifies a somewhat significant risk relative to the market. Let's try to break down what AAR Corp'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, AAR Corp will likely underperform. Although it is important to respect AAR Corp historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach 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 examining AAR Corp technical indicators, you can right now evaluate if the expected return of 0.18% will be sustainable into the future. AAR Corp at this time shows a risk of 2.23%. Please confirm AAR Corp maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if AAR Corp will be following its price patterns.

Auto-correlation

    
  0.57  

Modest predictability

AAR Corp has modest predictability. Overlapping area represents the amount of predictability between AAR Corp time series from 5th of November 2022 to 20th of November 2022 and 20th of November 2022 to 5th 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 AAR Corp price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current AAR Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.41
Residual Average0.0
Price Variance0.6

AAR Corp lagged returns against current returns

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

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

AAR Corp Lagged Returns

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

AAR Corp Investors Sentiment

The influence of AAR Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAR Corp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to AAR Corp's public news can be used to forecast risks associated with investment in AAR Corp. The trend in average sentiment can be used to explain how an investor holding AAR Corp can time the market purely based on public headlines and social activities around AAR Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
AAR Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AAR Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AAR Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AAR Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AAR Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AAR Corp's short interest history, or implied volatility extrapolated from AAR Corp options trading.

Pair Trading with AAR Corp

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 AAR Corp 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 AAR Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with AAR Corp

+0.91TXTTextron TrendingPairCorr
+0.92ABMABM Industries Incor Fiscal Year End 21st of December 2022 PairCorr
+0.82CARAvis Budget Group Downward RallyPairCorr
+0.92DALDelta Air Lines Fiscal Year End 12th of January 2023 PairCorr

Moving against AAR Corp

-0.55AMZNAmazon Inc TrendingPairCorr
The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp 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 AAR Corp - 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 AAR Corp to buy it.
The correlation of AAR Corp 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 AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp 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 AAR Corp 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 AAR Corp Correlation, AAR Corp Volatility and AAR Corp Alpha and Beta module to complement your research on AAR Corp. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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