Amerco Stock Market Value

UHAL
 Stock
  

USD 66.84  0.11  0.16%   

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


Is Amerco'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 Amerco. If investors know Amerco 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 Amerco 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
(0.14) 
Market Capitalization
13.1 B
Quarterly Revenue Growth YOY
0.023
Return On Assets
0.0576
Return On Equity
0.18
The market value of Amerco is measured differently than its book value, which is the value of Amerco that is recorded on the company's balance sheet. Investors also form their own opinion of Amerco's value that differs from its market value or its book value, called intrinsic value, which is Amerco'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 Amerco's market value can be influenced by many factors that don't directly affect Amerco'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 Amerco's value and its price as these two are different measures arrived at by different means. Investors typically determine Amerco value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amerco'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.

Amerco '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 Amerco'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 Amerco.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in Amerco on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding Amerco or generate 0.0% return on investment in Amerco over 30 days. Amerco is related to or competes with Anheuser Busch, Anheuser-Busch InBev, Etsy, Linde PLC, American Express, International Business, and Boeing. AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States ... More

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

Amerco Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Amerco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amerco's standard deviation. In reality, there are many statistical measures that can use Amerco historical prices to predict the future Amerco's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Amerco'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 Amerco in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
55.3857.7869.63
Details
Intrinsic
Valuation
LowReal ValueHigh
56.97188.19190.59
Details
1 Analysts
Consensus
LowTarget PriceHigh
556.00556.00556.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
60.7560.7560.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Amerco. Your research has to be compared to or analyzed against Amerco's peers to derive any actionable benefits. When done correctly, Amerco'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 Amerco.

Amerco Backtested Returns

Amerco appears to be very steady, given 3 months investment horizon. Amerco secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had 0.17% 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 Amerco, which you can use to evaluate the future volatility of the firm. Please makes use of Amerco's mean deviation of 1.87, and Risk Adjusted Performance of 0.2488 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Amerco holds a performance score of 13. The firm shows a Beta (market volatility) of 0.9875, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Amerco's beta means in this case. Amerco returns are very sensitive to returns on the market. As the market goes up or down, Amerco is expected to follow. Although it is vital to follow Amerco 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 Amerco technical indicators, you can presently evaluate if the expected return of 0.41% will be sustainable into the future. Please makes use of Amerco total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power to make a quick decision on whether Amerco price patterns will revert.

Auto-correlation

    
  0.23  

Weak predictability

Amerco has weak predictability. Overlapping area represents the amount of predictability between Amerco time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd 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 Amerco price movement. The serial correlation of 0.23 indicates that over 23.0% of current Amerco price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.07
Residual Average0.0
Price Variance12.84

Amerco lagged returns against current returns

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

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

Amerco Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amerco 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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Also, please take a look at Amerco Correlation, Amerco Volatility and Amerco Alpha and Beta module to complement your research on Amerco. Note that the Amerco information on this page should be used as a complementary analysis to other Amerco'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Amerco Stock analysis

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