Autodesk Stock Market Value
| ADSK Stock | USD 321.27 5.86 1.86% |
| Symbol | Autodesk |
Autodesk Price To Book Ratio
Is Application Software 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 Autodesk. If investors know Autodesk 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 Autodesk 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 0.262 | Earnings Share 4.88 | Revenue Per Share 27.063 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0889 |
The market value of Autodesk is measured differently than its book value, which is the value of Autodesk that is recorded on the company's balance sheet. Investors also form their own opinion of Autodesk's value that differs from its market value or its book value, called intrinsic value, which is Autodesk'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 Autodesk's market value can be influenced by many factors that don't directly affect Autodesk'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 Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk'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.
Autodesk '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 Autodesk'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 Autodesk.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Autodesk on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Autodesk or generate 0.0% return on investment in Autodesk over 360 days. Autodesk is related to or competes with OLB. Autodesk, Inc. provides 3D design, engineering, and entertainment software and services worldwide More
Autodesk 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 Autodesk'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 Autodesk upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.1998 | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 2.46 |
Autodesk Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Autodesk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autodesk's standard deviation. In reality, there are many statistical measures that can use Autodesk historical prices to predict the future Autodesk's volatility.| Risk Adjusted Performance | 0.2348 | |||
| Jensen Alpha | 0.2311 | |||
| Total Risk Alpha | 0.1756 | |||
| Sortino Ratio | 0.2006 | |||
| Treynor Ratio | 0.3088 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Autodesk'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.
Autodesk Backtested Returns
Autodesk appears to be very steady, given 3 months investment horizon. Autodesk secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. We have found thirty technical indicators for Autodesk, which you can use to evaluate the volatility of the firm. Please makes use of Autodesk's Risk Adjusted Performance of 0.2348, mean deviation of 1.01, and Downside Deviation of 1.29 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Autodesk holds a performance score of 21. The firm shows a Beta (market volatility) of 1.23, 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, Autodesk will likely underperform. Please check Autodesk's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Autodesk's price patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Autodesk has modest reverse predictability. Overlapping area represents the amount of predictability between Autodesk time series from 1st of December 2023 to 29th of May 2024 and 29th of May 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 Autodesk price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Autodesk price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 662.09 |
Autodesk lagged returns against current returns
Autocorrelation, which is Autodesk 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 Autodesk's stock expected returns. We can calculate the autocorrelation of Autodesk returns to help us make a trade decision. For example, suppose you find that Autodesk 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 |
Autodesk 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 Autodesk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autodesk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autodesk stock over time.
Current vs Lagged Prices |
| Timeline |
Autodesk Lagged Returns
When evaluating Autodesk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autodesk stock have on its future price. Autodesk 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, Autodesk autocorrelation shows the relationship between Autodesk stock current value and its past values and can show if there is a momentum factor associated with investing in Autodesk.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Autodesk Correlation, Autodesk Volatility and Autodesk Alpha and Beta module to complement your research on Autodesk. For more information on how to buy Autodesk Stock please use our How to buy in Autodesk Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Autodesk 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.