Archrock Stock Market Value

AROC
 Stock
  

USD 6.42  0.05  0.77%   

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


Is Archrock'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 Archrock. If investors know Archrock 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 Archrock 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 Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine Archrock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.

Archrock '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 Archrock'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 Archrock.
0.00
10/10/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
09/30/2022
0.00
If you would invest  0.00  in Archrock on October 10, 2020 and sell it all today you would earn a total of 0.00 from holding Archrock or generate 0.0% return on investment in Archrock over 720 days. Archrock is related to or competes with Amazon. Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States More

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

Archrock Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Archrock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Archrock's standard deviation. In reality, there are many statistical measures that can use Archrock historical prices to predict the future Archrock's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Archrock'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 Archrock in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.966.438.90
Details
Intrinsic
Valuation
LowReal ValueHigh
5.127.5910.06
Details
Naive
Forecast
LowNext ValueHigh
3.666.138.59
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.0010.5011.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Archrock. Your research has to be compared to or analyzed against Archrock's peers to derive any actionable benefits. When done correctly, Archrock'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 Archrock.

Archrock Backtested Returns

Archrock secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had -0.12% of return per unit of standard deviation 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. Archrock exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Archrock mean deviation of 2.02, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.9127, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Archrock's beta means in this case. Archrock returns are very sensitive to returns on the market. As the market goes up or down, Archrock is expected to follow. Even though it is essential to pay attention to Archrock 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. Archrock exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Archrock has an expected return of -0.3%. Please be advised to confirm Archrock sortino ratio, semi variance, and the relationship between the information ratio and value at risk to decide if Archrock performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.34  

Below average predictability

Archrock has below average predictability. Overlapping area represents the amount of predictability between Archrock time series from 10th of October 2020 to 5th of October 2021 and 5th of October 2021 to 30th 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 Archrock price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Archrock price fluctuation can be explain by its past prices.
Correlation Coefficient0.34
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.61

Archrock lagged returns against current returns

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

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

Archrock Lagged Returns

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

Be your own money manager

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

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

Moving together with Archrock

+0.78BKRBaker Hughes A Earnings Call  In Two WeeksPairCorr
The ability to find closely correlated positions to Archrock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archrock 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 Archrock - 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 Archrock to buy it.
The correlation of Archrock 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 Archrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archrock 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 Archrock 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 Archrock Correlation, Archrock Volatility and Archrock Alpha and Beta module to complement your research on Archrock. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for analysis

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