Arts Way Manufacturing Co Stock Price on November 24, 2024
ARTW Stock | USD 1.71 0.05 3.01% |
Below is the normalized historical share price chart for Arts Way Manufacturing Co extending back to November 06, 1984. 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 Arts Way stands at 1.71, as last reported on the 24th of November, with the highest price reaching 1.76 and the lowest price hitting 1.65 during the day.
If you're considering investing in Arts Stock, it is important to understand the factors that can impact its price. Arts Way Manufacturing secures Sharpe Ratio (or Efficiency) of -0.0982, which signifies that the company had a -0.0982% return per unit of risk over the last 3 months. Arts Way Manufacturing Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arts Way's Mean Deviation of 1.91, standard deviation of 2.72, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
At this time, Arts Way's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 352.8 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 3.7 M in 2024. . At this time, Arts Way's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 1.55 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (6.27). Arts Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 1.7838 | 50 Day MA 1.6926 | Beta 0.4 |
Arts |
Sharpe Ratio = -0.0982
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Estimated Market Risk
2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arts Way is not performing at its full potential. However, 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 Arts Way by adding Arts Way to a well-diversified portfolio.
Price Book 0.7632 | Enterprise Value Ebitda 17.9002 | Price Sales 0.3415 | Shares Float 2.4 M | Wall Street Target Price 7 |
Arts Way Valuation on November 24, 2024
It is possible to determine the worth of Arts Way on a given historical date. On November 24, 2024 Arts was worth 1.72 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arts Way stock. Still, in general, we apply an absolute valuation method to find Arts Way'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 Arts Way where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arts Way's related companies.
Open | High | Low | Close | Volume | |
1.72 | 1.76 | 1.65 | 1.71 | 19,887 | |
11/24/2024 | 1.72 | 1.76 | 1.65 | 1.71 | 0.00 |
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Arts Way Trading Date Momentum on November 24, 2024
On November 24 2024 Arts Way Manufacturing Co was traded for 1.71 at the closing time. The top price for the day was 1.76 and the lowest listed price was 1.65 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.58% . |
Arts Way Manufacturing Fundamentals Correlations and Trends
By evaluating Arts Way'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 Arts Way's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arts financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arts Way Stock history
Arts Way 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 Arts is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arts Way Manufacturing 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 Arts Way stock prices may prove useful in developing a viable investing in Arts Way
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 5.8 M | 3.7 M | |
Net Income Applicable To Common Shares | 88 K | 83.6 K |
Arts Way Quarterly Net Working Capital |
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Arts Way Stock Technical Analysis
Arts Way 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
Arts Way Period Price Range
Low | November 24, 2024
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0.00 | 0.00 |
Arts Way Manufacturing Co cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Arts Way November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Arts Way stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arts Way shares will generate the highest return on investment. By undertsting and applying Arts Way stock market strength indicators, traders can identify Arts Way Manufacturing Co entry and exit signals to maximize returns
Arts Way Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arts Way's price direction in advance. Along with the technical and fundamental analysis of Arts Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arts 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 | (0.03) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | (0.11) |
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Additional Tools for Arts Stock Analysis
When running Arts Way's price analysis, check to measure Arts Way'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 Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.