Arcosa Inc Stock Market Value
| ACA Stock | USD 110.58 2.24 2.07% |
| Symbol | Arcosa |
Is Construction & Engineering 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 Arcosa. If investors know Arcosa 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 Arcosa 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 (0.53) | Dividend Share 0.2 | Earnings Share 2.63 | Revenue Per Share 51.177 | Quarterly Revenue Growth 0.082 |
The market value of Arcosa Inc is measured differently than its book value, which is the value of Arcosa that is recorded on the company's balance sheet. Investors also form their own opinion of Arcosa's value that differs from its market value or its book value, called intrinsic value, which is Arcosa'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 Arcosa's market value can be influenced by many factors that don't directly affect Arcosa'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 Arcosa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcosa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcosa'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.
Arcosa '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 Arcosa'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 Arcosa.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Arcosa on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arcosa Inc or generate 0.0% return on investment in Arcosa over 30 days. Arcosa is related to or competes with Construction Partners, Topbuild Corp, Comfort Systems, Ameresco, Api Group, EMCOR, and MYR. Arcosa, Inc., together with its subsidiaries, provides infrastructure-related products and solutions for the constructio... More
Arcosa 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 Arcosa'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 Arcosa Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.13 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 4.07 |
Arcosa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcosa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcosa's standard deviation. In reality, there are many statistical measures that can use Arcosa historical prices to predict the future Arcosa's volatility.| Risk Adjusted Performance | 0.1588 | |||
| Jensen Alpha | 0.1655 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | 0.2205 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arcosa'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.
Arcosa Inc Backtested Returns
Arcosa appears to be very steady, given 3 months investment horizon. Arcosa Inc secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Arcosa Inc, which you can use to evaluate the volatility of the firm. Please makes use of Arcosa's mean deviation of 1.44, and Risk Adjusted Performance of 0.1588 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arcosa holds a performance score of 13. The firm shows a Beta (market volatility) of 1.66, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Arcosa will likely underperform. Please check Arcosa's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Arcosa's price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
Arcosa Inc has excellent predictability. Overlapping area represents the amount of predictability between Arcosa time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arcosa Inc price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Arcosa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 8.47 |
Arcosa Inc lagged returns against current returns
Autocorrelation, which is Arcosa 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 Arcosa's stock expected returns. We can calculate the autocorrelation of Arcosa returns to help us make a trade decision. For example, suppose you find that Arcosa 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Arcosa 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 Arcosa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcosa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcosa stock over time.
Current vs Lagged Prices |
| Timeline |
Arcosa Lagged Returns
When evaluating Arcosa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcosa stock have on its future price. Arcosa 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, Arcosa autocorrelation shows the relationship between Arcosa stock current value and its past values and can show if there is a momentum factor associated with investing in Arcosa Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Arcosa Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arcosa's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arcosa Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcosa Inc Stock:Check out Arcosa Correlation, Arcosa Volatility and Arcosa Alpha and Beta module to complement your research on Arcosa. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Arcosa 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.