Autohome Stock Market Value

ATHM
 Stock
  

USD 29.41  0.91  3.00%   

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


Is Autohome'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 Autohome. If investors know Autohome 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 Autohome 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
(0.02) 
Market Capitalization
3.7 B
Quarterly Revenue Growth YOY
0.045
Return On Assets
0.0204
Return On Equity
0.0619
The market value of Autohome is measured differently than its book value, which is the value of Autohome that is recorded on the company's balance sheet. Investors also form their own opinion of Autohome's value that differs from its market value or its book value, called intrinsic value, which is Autohome'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 Autohome's market value can be influenced by many factors that don't directly affect Autohome'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 Autohome's value and its price as these two are different measures arrived at by different means. Investors typically determine Autohome value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autohome'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.

Autohome '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 Autohome'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 Autohome.
0.00
12/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/07/2022
0.00
If you would invest  0.00  in Autohome on December 17, 2020 and sell it all today you would earn a total of 0.00 from holding Autohome or generate 0.0% return on investment in Autohome over 720 days. Autohome is related to or competes with OReilly Automotive, Aeon, Tractor Supply, Regency Centers, Fast Retailing, Carrefour, and Ross Stores. Autohome Inc. operates as an online destination for automobile consumers in the Peoples Republic of China More

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

Autohome Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Autohome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autohome's standard deviation. In reality, there are many statistical measures that can use Autohome historical prices to predict the future Autohome's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Autohome'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 Autohome in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.2329.4033.57
Details
Intrinsic
Valuation
LowReal ValueHigh
26.4135.0239.19
Details
8 Analysts
Consensus
LowTarget PriceHigh
35.0056.50115.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
3.183.253.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Autohome. Your research has to be compared to or analyzed against Autohome's peers to derive any actionable benefits. When done correctly, Autohome'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 Autohome.

Autohome Backtested Returns

Autohome secures Sharpe Ratio (or Efficiency) of -0.0283, which signifies that the company had -0.0283% of return per unit of risk over the last 3 months. Macroaxis standpoint towards 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. Autohome exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Autohome risk adjusted performance of (0.026245), and Mean Deviation of 3.3 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.1637, which signifies a somewhat significant risk relative to the market. Let's try to break down what Autohome'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, Autohome will likely underperform. Even though it is essential to pay attention to Autohome historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards 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. Autohome exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Autohome has an expected return of -0.12%. Please be advised to confirm Autohome value at risk, as well as the relationship between the skewness and day median price to decide if Autohome performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.32  

Poor reverse predictability

Autohome has poor reverse predictability. Overlapping area represents the amount of predictability between Autohome time series from 17th of December 2020 to 12th of December 2021 and 12th of December 2021 to 7th 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 Autohome price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Autohome price fluctuation can be explain by its past prices.
Correlation Coefficient-0.32
Spearman Rank Test-0.13
Residual Average0.0
Price Variance14.3

Autohome lagged returns against current returns

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

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

Autohome Lagged Returns

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

Be your own money manager

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

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

Moving together with Autohome

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The ability to find closely correlated positions to Autohome could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autohome 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 Autohome - 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 Autohome to buy it.
The correlation of Autohome 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 Autohome moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autohome 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 Autohome 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 Autohome Correlation, Autohome Volatility and Autohome Alpha and Beta module to complement your research on Autohome. Note that the Autohome information on this page should be used as a complementary analysis to other Autohome'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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Autohome 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 Autohome technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Autohome 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...