Arena Stock Market Value

AREN
 Stock
  

USD 13.10  0.34  2.66%   

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.
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
09/01/2022
No Change 0.00  0.0 
In 30 days
10/01/2022
0.00
If you would invest  0.00  in Arena on September 1, 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 Microsoft Corp. 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
8.3813.0217.66
Details
Intrinsic
Valuation
LowReal ValueHigh
7.5812.2216.86
Details
Naive
Forecast
LowNext ValueHigh
8.0212.6617.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0211.9613.90
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 0.0836, which signifies that the company had 0.0836% 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-eight technical indicators for The Arena Group, which you can use to evaluate the future volatility of the firm. Please makes use of Arena's Mean Deviation of 3.58, semi deviation of 3.63, and Risk Adjusted Performance of 0.1844 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 6. The firm shows a Beta (market volatility) of 1.2434, which signifies a somewhat significant risk relative to the market. Let's try to break down what Arena'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, Arena will likely underperform. 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 0.38% will be sustainable into the future. Please makes use of Arena Group potential upside, rate of daily change, and the relationship between the sortino ratio and skewness to make a quick decision on whether Arena price patterns will revert.

Auto-correlation

    
  0.05  

Virtually no predictability

The Arena Group has virtually no predictability. Overlapping area represents the amount of predictability between Arena time series from 1st of September 2022 to 16th of September 2022 and 16th of September 2022 to 1st of October 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 0.05 indicates that only as little as 5.0% of current Arena price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test-0.24
Residual Average0.0
Price Variance0.18

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  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Arena 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 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 against Arena

-0.81TATT Inc TrendingPairCorr
-0.73HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
-0.63KOCoca-Cola TrendingPairCorr
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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...