Acuity Brands Sets New 12-Month High Still a Buy?
AYI Stock | USD 320.69 0.53 0.17% |
Under 54% of Acuity Brands' investor base is interested to short. The analysis of overall sentiment of trading Acuity Brands stock suggests that many investors are impartial at this time. Acuity Brands' investing sentiment shows overall attitude of investors towards Acuity Brands.
Acuity |
Shares of Acuity Brands, Inc. hit a new 52-week high on Tuesday . The stock traded as high as 312.20 and last traded at 311.71, with a volume of 77192 shares. The stock had previously closed at 308.87. Analyst Ratings Changes A number of equities research analysts have recently weighed
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Acuity Brands Current Investor Sentiment
Panic Vs Confidence
46
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Acuity Brands' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Acuity Brands.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Acuity Brands Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Acuity Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Acuity Brands Historical Investor Sentiment
Investor biases related to Acuity Brands' public news can be used to forecast risks associated with an investment in Acuity. The trend in average sentiment can be used to explain how an investor holding Acuity can time the market purely based on public headlines and social activities around Acuity Brands. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Acuity Brands' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Acuity Brands and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Acuity Brands news discussions. The higher the estimate score, the more favorable the investor's outlook on Acuity Brands.
Acuity Brands Fundamental Analysis
We analyze Acuity Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acuity Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acuity Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Acuity Brands is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Acuity Brands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Acuity Brands stock to make a market-neutral strategy. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics with similar companies.
Peers
Acuity Brands Related Equities
OPTT | Ocean Power | 35.14 | ||||
EOSE | Eos Energy | 9.26 | ||||
POLA | Polar Power | 4.88 | ||||
SLDP | Solid Power | 3.57 | ||||
BE | Bloom Energy | 0.88 | ||||
PPSI | Pioneer Power | 0.34 | ||||
FREY | FREYR Battery | 3.27 | ||||
MVST | Microvast Holdings | 9.52 |
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When running Acuity Brands' price analysis, check to measure Acuity Brands' 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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