Aer Energy Resources Stock Market Value
| AERN Stock | USD 0.0001 0.00 0.00% |
| Symbol | AER |
AER Energy Resources Price To Book Ratio
Is Electrical Components & 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 AER Energy. If investors know AER 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 AER Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Quarterly Revenue Growth 10.631 | Return On Assets (0.33) | Return On Equity (0.02) |
The market value of AER Energy Resources is measured differently than its book value, which is the value of AER that is recorded on the company's balance sheet. Investors also form their own opinion of AER Energy's value that differs from its market value or its book value, called intrinsic value, which is AER Energy'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 AER Energy's market value can be influenced by many factors that don't directly affect AER Energy'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 AER Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if AER Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AER Energy'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.
AER Energy '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 AER Energy'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 AER Energy.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in AER Energy on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding AER Energy Resources or generate 0.0% return on investment in AER Energy over 540 days. AER Energy Resources, Inc., through its subsidiaries, engages in acquiring, managing, and operating oil and gas properti... More
AER Energy 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 AER Energy'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 AER Energy Resources upside and downside potential and time the market with a certain degree of confidence.
AER Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AER Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AER Energy's standard deviation. In reality, there are many statistical measures that can use AER Energy historical prices to predict the future AER Energy's volatility.AER Energy Resources Backtested Returns
AER Energy is out of control given 3 months investment horizon. AER Energy Resources secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for five different technical indicators, which can help you to evaluate if expected returns of 15.63% are justified by taking the suggested risk. Use AER Energy day median price of 1.0E-4, and Daily Balance Of Power of 9.2 T to evaluate company specific risk that cannot be diversified away. AER Energy holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and AER Energy are completely uncorrelated. Use AER Energy daily balance of power , to analyze future returns on AER Energy.
Auto-correlation | 0.00 |
No correlation between past and present
AER Energy Resources has no correlation between past and present. Overlapping area represents the amount of predictability between AER Energy time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 AER Energy Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current AER Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AER Energy Resources lagged returns against current returns
Autocorrelation, which is AER Energy 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 AER Energy's stock expected returns. We can calculate the autocorrelation of AER Energy returns to help us make a trade decision. For example, suppose you find that AER Energy 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 |
AER Energy 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 AER Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AER Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AER Energy stock over time.
Current vs Lagged Prices |
| Timeline |
AER Energy Lagged Returns
When evaluating AER Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AER Energy stock have on its future price. AER Energy 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, AER Energy autocorrelation shows the relationship between AER Energy stock current value and its past values and can show if there is a momentum factor associated with investing in AER Energy Resources.
Regressed Prices |
| Timeline |
Pair Trading with AER Energy
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 AER Energy 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 AER Energy will appreciate offsetting losses from the drop in the long position's value.Moving against AER Stock
The ability to find closely correlated positions to AER Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AER Energy 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 AER Energy - 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 AER Energy Resources to buy it.
The correlation of AER Energy 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 AER Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AER Energy Resources 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 AER Energy 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.Check out AER Energy Correlation, AER Energy Volatility and AER Energy Alpha and Beta module to complement your research on AER Energy. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
AER Energy 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.