Ally Financial Stock Market Value

ALLY
 Stock
  

USD 29.85  0.83  2.71%   

Ally Financial's market value is the price at which a share of Ally Financial stock trades on a public exchange. It measures the collective expectations of Ally Financial investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ally Financial and determine expected loss or profit from investing in Ally Financial over a given investment horizon. Please continue to Ally Financial Correlation, Ally Financial Volatility and Ally Financial Alpha and Beta module to complement your research on Ally Financial.
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Is Ally Financial'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 Ally Financial. If investors know Ally Financial 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 Ally Financial 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 Ally Financial is measured differently than its book value, which is the value of Ally Financial that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally Financial'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 Ally Financial's market value can be influenced by many factors that don't directly affect Ally Financial'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 Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine Ally Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial'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.

Ally Financial '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 Ally Financial'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 Ally Financial.
0.00
10/29/2021
No Change 0.00  0.0 
In 10 months and 27 days
09/24/2022
0.00
If you would invest  0.00  in Ally Financial on October 29, 2021 and sell it all today you would earn a total of 0.00 from holding Ally Financial or generate 0.0% return on investment in Ally Financial over 330 days. Ally Financial is related to or competes with Sigma Lithium. Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to c... More

Ally Financial 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 Ally Financial'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 Ally Financial upside and downside potential and time the market with a certain degree of confidence.

Ally Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ally Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ally Financial's standard deviation. In reality, there are many statistical measures that can use Ally Financial historical prices to predict the future Ally Financial's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ally Financial'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 Ally Financial in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
29.2731.6233.97
Details
Intrinsic
Valuation
LowReal ValueHigh
28.3840.4742.82
Details
11 Analysts
Consensus
LowTarget PriceHigh
53.0066.3681.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ally Financial. Your research has to be compared to or analyzed against Ally Financial's peers to derive any actionable benefits. When done correctly, Ally Financial'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 Ally Financial.

Ally Financial Backtested Returns

Ally Financial secures Sharpe Ratio (or Efficiency) of -0.091, which signifies that the company had -0.091% 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. Ally Financial exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Ally Financial mean deviation of 1.91, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.4769, which signifies a somewhat significant risk relative to the market. Let's try to break down what Ally Financial'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, Ally Financial will likely underperform. Even though it is essential to pay attention to Ally Financial 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. Ally Financial exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Ally Financial has an expected return of -0.21%. Please be advised to confirm Ally Financial treynor ratio, as well as the relationship between the expected short fall and day median price to decide if Ally Financial performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.22  

Weak predictability

Ally Financial has weak predictability. Overlapping area represents the amount of predictability between Ally Financial time series from 29th of October 2021 to 12th of April 2022 and 12th of April 2022 to 24th of September 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 Ally Financial price movement. The serial correlation of 0.22 indicates that over 22.0% of current Ally Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.33
Residual Average0.0
Price Variance15.93

Ally Financial lagged returns against current returns

Autocorrelation, which is Ally Financial 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 Ally Financial's stock expected returns. We can calculate the autocorrelation of Ally Financial returns to help us make a trade decision. For example, suppose you find that Ally Financial 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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Ally Financial 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 Ally Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ally Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ally Financial stock over time.
   Current vs Lagged Prices   
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       Timeline  

Ally Financial Lagged Returns

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

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 Ally Financial 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 Ally Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ally Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ally Financial 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 Ally Financial - 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 Ally Financial to buy it.
The correlation of Ally Financial 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 Ally Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ally Financial 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 Ally Financial 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 Ally Financial Correlation, Ally Financial Volatility and Ally Financial Alpha and Beta module to complement your research on Ally Financial. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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