ANGI Homeservices Stock Market Value

ANGI
 Stock
  

USD 2.23  0.14  5.91%   

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


Is ANGI Homeservices' 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 ANGI Homeservices. If investors know ANGI Homeservices 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 ANGI Homeservices 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
(0.75) 
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.079
Return On Assets
(0.0342) 
Return On Equity
(0.09) 
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI Homeservices that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine ANGI Homeservices value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.

ANGI Homeservices '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 ANGI Homeservices' 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 ANGI Homeservices.
0.00
11/03/2022
No Change 0.00  0.0 
In 30 days
12/03/2022
0.00
If you would invest  0.00  in ANGI Homeservices on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding ANGI Homeservices or generate 0.0% return on investment in ANGI Homeservices over 30 days. ANGI Homeservices is related to or competes with Beachbody, Phoenix New, Fiverr International, and Liberty Tri. Angi Inc. connects home service professionals with consumers in the United States and internationally More

ANGI Homeservices 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 ANGI Homeservices' 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 ANGI Homeservices upside and downside potential and time the market with a certain degree of confidence.

ANGI Homeservices Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGI Homeservices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGI Homeservices' standard deviation. In reality, there are many statistical measures that can use ANGI Homeservices historical prices to predict the future ANGI Homeservices' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ANGI Homeservices' 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 ANGI Homeservices in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.102.066.88
Details
Intrinsic
Valuation
LowReal ValueHigh
0.415.2310.05
Details
9 Analysts
Consensus
LowTarget PriceHigh
12.0014.3318.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
-0.16-0.15-0.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ANGI Homeservices. Your research has to be compared to or analyzed against ANGI Homeservices' peers to derive any actionable benefits. When done correctly, ANGI Homeservices' 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 ANGI Homeservices.

ANGI Homeservices Backtested Returns

ANGI Homeservices secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had -0.13% of return per unit of risk 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. ANGI Homeservices exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ANGI Homeservices mean deviation of 3.66, and Risk Adjusted Performance of (0.21) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.0549, which signifies a somewhat significant risk relative to the market. Let's try to break down what ANGI Homeservices's beta means in this case. ANGI Homeservices returns are very sensitive to returns on the market. As the market goes up or down, ANGI Homeservices is expected to follow. Even though it is essential to pay attention to ANGI Homeservices 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. ANGI Homeservices exposes twenty-one different technical indicators, which can help you to evaluate its performance. ANGI Homeservices has an expected return of -0.62%. Please be advised to confirm ANGI Homeservices treynor ratio, and the relationship between the standard deviation and downside variance to decide if ANGI Homeservices performance from the past will be repeated in the future.

Auto-correlation

    
  0.36  

Below average predictability

ANGI Homeservices has below average predictability. Overlapping area represents the amount of predictability between ANGI Homeservices time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd 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 ANGI Homeservices price movement. The serial correlation of 0.36 indicates that just about 36.0% of current ANGI Homeservices price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.1
Residual Average0.0
Price Variance0.01

ANGI Homeservices lagged returns against current returns

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

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

ANGI Homeservices Lagged Returns

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

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 ANGI Homeservices 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 ANGI Homeservices will appreciate offsetting losses from the drop in the long position's value.

Moving together with ANGI Homeservices

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Moving against ANGI Homeservices

-0.64BABoeing TrendingPairCorr
The ability to find closely correlated positions to ANGI Homeservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ANGI Homeservices 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 ANGI Homeservices - 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 ANGI Homeservices to buy it.
The correlation of ANGI Homeservices 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 ANGI Homeservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ANGI Homeservices 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 ANGI Homeservices 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 ANGI Homeservices Correlation, ANGI Homeservices Volatility and ANGI Homeservices Alpha and Beta module to complement your research on ANGI Homeservices. Note that the ANGI Homeservices information on this page should be used as a complementary analysis to other ANGI Homeservices' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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