Acm Research Stock Market Value
| ACMR Stock | USD 19.18 0.50 2.68% |
| Symbol | Acm |
Acm Research Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Acm Research. If investors know Acm 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 Acm Research 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 0.18 | Earnings Share 1.33 | Revenue Per Share 11.812 | Quarterly Revenue Growth 0.21 | Return On Assets 0.0509 |
The market value of Acm Research is measured differently than its book value, which is the value of Acm that is recorded on the company's balance sheet. Investors also form their own opinion of Acm Research's value that differs from its market value or its book value, called intrinsic value, which is Acm Research'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 Acm Research's market value can be influenced by many factors that don't directly affect Acm Research'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 Acm Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acm Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acm Research'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.
Acm Research '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 Acm Research'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 Acm Research.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Acm Research on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Acm Research or generate 0.0% return on investment in Acm Research over 180 days. Acm Research is related to or competes with Axcelis Technologies, InTest, Lam Research, Photronics, Indie Semiconductor, Aehr Test, and KLA Tencor. ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipmen... More
Acm Research 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 Acm Research'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 Acm Research upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 24.87 | |||
| Value At Risk | (6.70) | |||
| Potential Upside | 7.08 |
Acm Research Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acm Research's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acm Research's standard deviation. In reality, there are many statistical measures that can use Acm Research historical prices to predict the future Acm Research's volatility.| Risk Adjusted Performance | 0.0061 | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.01) |
Acm Research Backtested Returns
Currently, Acm Research is not too volatile. Acm Research secures Sharpe Ratio (or Efficiency) of 0.0318, which signifies that the company had a 0.0318% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Acm Research, which you can use to evaluate the volatility of the firm. Please confirm Acm Research's Standard Deviation of 4.16, risk adjusted performance of 0.0061, and Mean Deviation of 2.85 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Acm Research has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.95, 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, Acm Research will likely underperform. Acm Research right now shows a risk of 4.21%. Please confirm Acm Research value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Acm Research will be following its price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Acm Research has insignificant reverse predictability. Overlapping area represents the amount of predictability between Acm Research time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 Acm Research price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Acm Research price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 2.69 |
Acm Research lagged returns against current returns
Autocorrelation, which is Acm Research 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 Acm Research's stock expected returns. We can calculate the autocorrelation of Acm Research returns to help us make a trade decision. For example, suppose you find that Acm Research 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 |
Acm Research 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 Acm Research stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acm Research stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acm Research stock over time.
Current vs Lagged Prices |
| Timeline |
Acm Research Lagged Returns
When evaluating Acm Research's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acm Research stock have on its future price. Acm Research 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, Acm Research autocorrelation shows the relationship between Acm Research stock current value and its past values and can show if there is a momentum factor associated with investing in Acm Research.
Regressed Prices |
| Timeline |
Pair Trading with Acm Research
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acm Research position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acm Research will appreciate offsetting losses from the drop in the long position's value.Moving together with Acm Stock
Moving against Acm Stock
The ability to find closely correlated positions to Acm Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acm Research when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acm Research - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acm Research to buy it.
The correlation of Acm Research is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acm Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acm Research moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acm Research can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Acm Stock Analysis
When running Acm Research's price analysis, check to measure Acm Research'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 Acm Research is operating at the current time. Most of Acm Research's value examination focuses on studying past and present price action to predict the probability of Acm Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acm Research's price. Additionally, you may evaluate how the addition of Acm Research to your portfolios can decrease your overall portfolio volatility.