Aecom Technology Stock Market Value
| ACM Stock | USD 108.93 1.08 1.00% |
| Symbol | Aecom |
Aecom Technology Price To Book Ratio
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 Aecom Technology. If investors know Aecom 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 Aecom Technology 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 (0.99) | Earnings Share 3.75 | Revenue Per Share | Quarterly Revenue Growth 0.133 | Return On Assets |
The market value of Aecom Technology is measured differently than its book value, which is the value of Aecom that is recorded on the company's balance sheet. Investors also form their own opinion of Aecom Technology's value that differs from its market value or its book value, called intrinsic value, which is Aecom Technology'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 Aecom Technology's market value can be influenced by many factors that don't directly affect Aecom Technology'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 Aecom Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aecom Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aecom Technology'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.
Aecom Technology '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 Aecom Technology'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 Aecom Technology.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Aecom Technology on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Aecom Technology or generate 0.0% return on investment in Aecom Technology over 30 days. Aecom Technology is related to or competes with Quanta Services, KBR, Fluor, Tetra Tech, Matrix Service, MYR, and EMCOR. AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide More
Aecom Technology 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 Aecom Technology'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 Aecom Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0142 | |||
| Maximum Drawdown | 8.55 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.46 |
Aecom Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aecom Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aecom Technology's standard deviation. In reality, there are many statistical measures that can use Aecom Technology historical prices to predict the future Aecom Technology's volatility.| Risk Adjusted Performance | 0.0339 | |||
| Jensen Alpha | 0.0299 | |||
| Total Risk Alpha | 0.0069 | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.0842 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aecom Technology'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.
Aecom Technology Backtested Returns
As of now, Aecom Stock is very steady. Aecom Technology secures Sharpe Ratio (or Efficiency) of 0.025, which signifies that the company had a 0.025% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aecom Technology, which you can use to evaluate the volatility of the firm. Please confirm Aecom Technology's mean deviation of 0.9349, and Risk Adjusted Performance of 0.0339 to double-check if the risk estimate we provide is consistent with the expected return of 0.0351%. Aecom Technology has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aecom Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aecom Technology is expected to be smaller as well. Aecom Technology right now shows a risk of 1.4%. Please confirm Aecom Technology sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Aecom Technology will be following its price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Aecom Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Aecom Technology time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aecom Technology price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Aecom Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
Aecom Technology lagged returns against current returns
Autocorrelation, which is Aecom Technology 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 Aecom Technology's stock expected returns. We can calculate the autocorrelation of Aecom Technology returns to help us make a trade decision. For example, suppose you find that Aecom Technology 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 |
Aecom Technology 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 Aecom Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aecom Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aecom Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Aecom Technology Lagged Returns
When evaluating Aecom Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aecom Technology stock have on its future price. Aecom Technology 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, Aecom Technology autocorrelation shows the relationship between Aecom Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Aecom Technology.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Aecom Technology Correlation, Aecom Technology Volatility and Aecom Technology Alpha and Beta module to complement your research on Aecom Technology. To learn how to invest in Aecom Stock, please use our How to Invest in Aecom Technology guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Aecom Technology 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.