Adams Resources Energy Stock Market Value
| AE Stock | USD 37.95 0.02 0.05% |
| Symbol | Adams |
Is Oil & Gas Refining & Marketing 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 Adams Resources. If investors know Adams 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 Adams Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Adams Resources Energy is measured differently than its book value, which is the value of Adams that is recorded on the company's balance sheet. Investors also form their own opinion of Adams Resources' value that differs from its market value or its book value, called intrinsic value, which is Adams Resources' 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 Adams Resources' market value can be influenced by many factors that don't directly affect Adams Resources' 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 Adams Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adams Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adams Resources' 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.
Adams Resources '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 Adams Resources' 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 Adams Resources.
| 12/03/2024 |
| 02/01/2025 |
If you would invest 0.00 in Adams Resources on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding Adams Resources Energy or generate 0.0% return on investment in Adams Resources over 60 days. Adams Resources is related to or competes with PrimeEnergy, Barnwell Industries, Acme United, CKX Lands, and ACNB. Adams Resources Energy, Inc., through its subsidiaries, primarily engages in the marketing, transportation, terminalling... More
Adams Resources 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 Adams Resources' 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 Adams Resources Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9144 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 36.82 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 1.42 |
Adams Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adams Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adams Resources' standard deviation. In reality, there are many statistical measures that can use Adams Resources historical prices to predict the future Adams Resources' volatility.| Risk Adjusted Performance | 0.1229 | |||
| Jensen Alpha | 0.6163 | |||
| Total Risk Alpha | 0.2454 | |||
| Sortino Ratio | 0.6098 | |||
| Treynor Ratio | 4.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adams Resources' 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.
Adams Resources Energy Backtested Returns
Adams Resources appears to be not too volatile, given 3 months investment horizon. Adams Resources Energy secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of standard deviation over the last 3 months. By analyzing Adams Resources' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Adams Resources' risk adjusted performance of 0.1229, and Mean Deviation of 1.31 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adams Resources holds a performance score of 10. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adams Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Adams Resources is expected to be smaller as well. Please check Adams Resources' jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Adams Resources' price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
Adams Resources Energy has good predictability. Overlapping area represents the amount of predictability between Adams Resources time series from 3rd of December 2024 to 2nd of January 2025 and 2nd of January 2025 to 1st of February 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 Adams Resources Energy price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Adams Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Adams Resources Energy lagged returns against current returns
Autocorrelation, which is Adams Resources 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 Adams Resources' stock expected returns. We can calculate the autocorrelation of Adams Resources returns to help us make a trade decision. For example, suppose you find that Adams Resources 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 |
Adams Resources 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 Adams Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adams Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adams Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Adams Resources Lagged Returns
When evaluating Adams Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adams Resources stock have on its future price. Adams Resources 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, Adams Resources autocorrelation shows the relationship between Adams Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Adams Resources Energy.
Regressed Prices |
| Timeline |
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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.Check out Adams Resources Correlation, Adams Resources Volatility and Adams Resources Alpha and Beta module to complement your research on Adams Resources. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Adams Resources 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.