Asure Stock Market Value

ASUR
 Stock
  

USD 5.72  0.03  0.53%   

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


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

Asure Software '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 Asure Software'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 Asure Software.
0.00
09/02/2022
No Change 0.00  0.0 
In 30 days
10/02/2022
0.00
If you would invest  0.00  in Asure Software on September 2, 2022 and sell it all today you would earn a total of 0.00 from holding Asure Software or generate 0.0% return on investment in Asure Software over 30 days. Asure Software is related to or competes with 3I Group, Legal General, 3I Group, Investor, Ares Management, Franklin Resources, and Brookfield Asset. Asure Software, Inc. provides cloud-based human capital management solutions the United States More

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

Asure Software Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Asure Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asure Software's standard deviation. In reality, there are many statistical measures that can use Asure Software historical prices to predict the future Asure Software's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Asure Software'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 Asure Software in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.265.678.08
Details
Intrinsic
Valuation
LowReal ValueHigh
5.277.6810.09
Details
Naive
Forecast
LowNext ValueHigh
3.646.068.47
Details
4 Analysts
Consensus
LowTarget PriceHigh
12.0013.5016.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Asure Software. Your research has to be compared to or analyzed against Asure Software's peers to derive any actionable benefits. When done correctly, Asure Software'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 Asure Software.

Asure Software Backtested Returns

We consider Asure Software somewhat reliable. Asure Software secures Sharpe Ratio (or Efficiency) of 0.0349, which signifies that the company had 0.0349% of return per unit of risk over the last 3 months. Our standpoint towards 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 Asure Software, which you can use to evaluate the future volatility of the firm. Please confirm Asure Software Mean Deviation of 1.91, risk adjusted performance of 0.0442, and Downside Deviation of 2.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.0842%.
Asure Software has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.7755, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Asure's beta means in this case. As returns on the market increase, Asure Software returns are expected to increase less than the market. However, during the bear market, the loss on holding Asure Software will be expected to be smaller as well. Although it is important to respect Asure Software historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards 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 Asure Software technical indicators, you can presently evaluate if the expected return of 0.0842% will be sustainable into the future. Asure Software right now shows a risk of 2.41%. Please confirm Asure Software potential upside, as well as the relationship between the accumulation distribution and price action indicator to decide if Asure Software will be following its price patterns.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Asure Software has very good reverse predictability. Overlapping area represents the amount of predictability between Asure Software time series from 2nd of September 2022 to 17th of September 2022 and 17th of September 2022 to 2nd 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 Asure Software price movement. The serial correlation of -0.66 indicates that around 66.0% of current Asure Software price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.03

Asure Software lagged returns against current returns

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

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

Asure Software Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asure Software 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.

Did you try this?

Run Idea Optimizer Now

   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
All  Next Launch Module

Pair Trading with Asure Software

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 Asure Software 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 Asure Software will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Asure Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asure Software 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 Asure Software - 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 Asure Software to buy it.
The correlation of Asure Software 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 Asure Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asure Software 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 Asure Software 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 Asure Software Correlation, Asure Software Volatility and Asure Software Alpha and Beta module to complement your research on Asure Software. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for analysis

When running Asure Software price analysis, check to measure Asure Software'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 Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Asure Software 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 Asure Software technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asure Software 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...