Arena Stock Market Value

AREN
 Stock
  

USD 13.85  0.17  1.21%   

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


Is Arena'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 Arena. If investors know Arena 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 Arena listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
252.7 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
(0.23) 
The market value of Arena Group is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena's value that differs from its market value or its book value, called intrinsic value, which is Arena'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 Arena's market value can be influenced by many factors that don't directly affect Arena'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 Arena's value and its price as these two are different measures arrived at by different means. Investors typically determine Arena value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena'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.

Arena '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 Arena'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 Arena.
0.00
10/27/2022
No Change 0.00  0.0 
In 31 days
11/26/2022
0.00
If you would invest  0.00  in Arena on October 27, 2022 and sell it all today you would earn a total of 0.00 from holding The Arena Group or generate 0.0% return on investment in Arena over 30 days. Arena is related to or competes with Exxon, Bristol Myer, Apple, Microsoft Corp, FUBON FINANCIAL, Berkshire Hathaway, and Alphabet. The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform the United States and in... More

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

Arena Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Arena's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arena's standard deviation. In reality, there are many statistical measures that can use Arena historical prices to predict the future Arena's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Arena'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 Arena in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
10.0113.7417.47
Details
Intrinsic
Valuation
LowReal ValueHigh
11.1014.8318.56
Details
Naive
Forecast
LowNext ValueHigh
10.4614.1917.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.8913.6414.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arena. Your research has to be compared to or analyzed against Arena's peers to derive any actionable benefits. When done correctly, Arena'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 Arena Group.

Arena Group Backtested Returns

Arena appears to be somewhat reliable, given 3 months investment horizon. Arena Group secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of standard deviation over the last 3 months. Our philosophy in 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 The Arena Group, which you can use to evaluate the future volatility of the firm. Please makes use of Arena's Semi Deviation of 3.03, mean deviation of 2.62, and Risk Adjusted Performance of 0.1735 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Arena holds a performance score of 9. The firm shows a Beta (market volatility) of 0.8997, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Arena's beta means in this case. Arena returns are very sensitive to returns on the market. As the market goes up or down, Arena is expected to follow. Although it is vital to follow Arena Group historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in 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 Arena Group technical indicators, you can presently evaluate if the expected return of 0.47% will be sustainable into the future. Please makes use of Arena Group jensen alpha, and the relationship between the coefficient of variation and potential upside to make a quick decision on whether Arena price patterns will revert.

Auto-correlation

    
  -0.09  

Very weak reverse predictability

The Arena Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Arena time series from 27th of October 2022 to 11th of November 2022 and 11th of November 2022 to 26th 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 Arena Group price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Arena price fluctuation can be explain by its past prices.
Correlation Coefficient-0.09
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.29

Arena Group lagged returns against current returns

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

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

Arena Lagged Returns

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

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 Arena 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, Arena's short interest history, or implied volatility extrapolated from Arena options trading.

Pair Trading with Arena

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

Moving together with Arena

+0.81SGMLSigma Lithium Corp Downward RallyPairCorr
The ability to find closely correlated positions to Arena could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arena 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 Arena - 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 The Arena Group to buy it.
The correlation of Arena 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 Arena moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arena Group 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 Arena 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 Arena Correlation, Arena Volatility and Arena Alpha and Beta module to complement your research on Arena. Note that the Arena Group information on this page should be used as a complementary analysis to other Arena'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Arena Stock analysis

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