Arena Group Holdings Stock Price on October 23, 2024
| AREN Stock | USD 1.51 0.06 4.14% |
Below is the normalized historical share price chart for Arena Group Holdings extending back to November 21, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Arena Group stands at 1.51, as last reported on the 22nd of November, with the highest price reaching 1.51 and the lowest price hitting 1.45 during the day.
If you're considering investing in Arena Stock, it is important to understand the factors that can impact its price. Arena Group is abnormally volatile given 3 months investment horizon. Arena Group Holdings secures Sharpe Ratio (or Efficiency) of 0.0856, which signifies that the company had a 0.0856% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.28% are justified by taking the suggested risk. Use Arena Group risk adjusted performance of 0.0767, and Mean Deviation of 7.61 to evaluate company specific risk that cannot be diversified away.
At this time, Arena Group's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 198.3 M, though Total Stockholder Equity is likely to grow to (55.9 M). . As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.03, while Price To Sales Ratio is likely to drop 0.21. Arena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2007 | 200 Day MA 0.9599 | 50 Day MA 0.8142 | Beta 0.08 |
Arena |
Sharpe Ratio = 0.0856
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Estimated Market Risk
| 26.64 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.28 actual daily | 45 55% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Arena Group is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Arena Group by adding it to a well-diversified portfolio.
Price Book 6.6179 | Enterprise Value Ebitda (4.90) | Price Sales 0.2894 | Shares Float 9.4 M | Wall Street Target Price 11 |
Arena Group Valuation on October 23, 2024
It is possible to determine the worth of Arena Group on a given historical date. On October 23, 2024 Arena was worth 0.72 at the beginning of the trading date compared to the closed value of 0.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arena Group stock. Still, in general, we apply an absolute valuation method to find Arena Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Arena Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arena Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.75 | 0.78 | 0.68 | 0.70 | 23,644 | |
10/23/2024 | 0.72 | 0.75 | 0.69 | 0.70 | 13,233 |
| 0.68 | 0.70 | 0.66 | 0.70 | 14,702 |
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Arena Group Trading Date Momentum on October 23, 2024
| On October 24 2024 Arena Group Holdings was traded for 0.70 at the closing time. The top price for the day was 0.70 and the lowest listed price was 0.66 . The trading volume for the day was 14.7 K. The trading history from October 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Arena Group Holdings Fundamentals Correlations and Trends
By evaluating Arena Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Arena Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arena Group Stock history
Arena Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Arena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arena Group Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Arena Group stock prices may prove useful in developing a viable investing in Arena Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.3 M | 23.4 M | |
| Net Loss | -63.8 M | -67 M |
Arena Group Stock Technical Analysis
Arena Group 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.
Price Boundaries
Arena Group Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Arena Group November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Arena Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arena Group shares will generate the highest return on investment. By undertsting and applying Arena Group stock market strength indicators, traders can identify Arena Group Holdings entry and exit signals to maximize returns
Arena Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arena Group's price direction in advance. Along with the technical and fundamental analysis of Arena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arena to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 2.61 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.3657 | |||
| Treynor Ratio | (0.66) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Movies & Entertainment space 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 Group. 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 Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 9.104 | Quarterly Revenue Growth (0.20) | Return On Assets (0.12) |
The market value of Arena Group Holdings 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 Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group'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 Group's market value can be influenced by many factors that don't directly affect Arena Group'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 Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group'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.