Aar Corp Stock Market Value
| AIR Stock | USD 68.84 0.56 0.82% |
| Symbol | AAR |
AAR Corp Price To Book Ratio
Is Aerospace & Defense 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 AAR Corp. If investors know AAR 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 AAR Corp 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 (0.62) | Earnings Share 0.28 | Revenue Per Share | Quarterly Revenue Growth 0.204 | Return On Assets |
The market value of AAR Corp is measured differently than its book value, which is the value of AAR that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp'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 AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp'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 AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAR Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp'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.
AAR Corp '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 AAR Corp'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 AAR Corp.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in AAR Corp on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding AAR Corp or generate 0.0% return on investment in AAR Corp over 150 days. AAR Corp is related to or competes with Sidus Space, Planet Labs, Intuitive Machines, Rocket Lab, Momentus, Virgin Galactic, and Eve Holding. AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide More
AAR Corp 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 AAR Corp'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 AAR Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.0439 | |||
| Maximum Drawdown | 15.31 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.85 |
AAR Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAR Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAR Corp's standard deviation. In reality, there are many statistical measures that can use AAR Corp historical prices to predict the future AAR Corp's volatility.| Risk Adjusted Performance | 0.078 | |||
| Jensen Alpha | 0.1684 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.65 |
AAR Corp Backtested Returns
AAR Corp appears to be very steady, given 3 months investment horizon. AAR Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AAR Corp, which you can use to evaluate the volatility of the entity. Please makes use of AAR Corp's Mean Deviation of 1.56, semi deviation of 1.79, and Coefficient Of Variation of 1168.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AAR Corp holds a performance score of 9. The firm shows a Beta (market volatility) of 0.3, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AAR Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding AAR Corp is expected to be smaller as well. Please check AAR Corp's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether AAR Corp's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
AAR Corp has no correlation between past and present. Overlapping area represents the amount of predictability between AAR Corp time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st 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 AAR Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current AAR Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 13.72 |
AAR Corp lagged returns against current returns
Autocorrelation, which is AAR Corp 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 AAR Corp's stock expected returns. We can calculate the autocorrelation of AAR Corp returns to help us make a trade decision. For example, suppose you find that AAR Corp 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 |
AAR Corp 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 AAR Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAR Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAR Corp stock over time.
Current vs Lagged Prices |
| Timeline |
AAR Corp Lagged Returns
When evaluating AAR Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAR Corp stock have on its future price. AAR Corp 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, AAR Corp autocorrelation shows the relationship between AAR Corp stock current value and its past values and can show if there is a momentum factor associated with investing in AAR Corp.
Regressed Prices |
| Timeline |
Pair Trading with AAR Corp
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 AAR Corp 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 AAR Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with AAR Stock
The ability to find closely correlated positions to AAR Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAR Corp 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 AAR Corp - 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 AAR Corp to buy it.
The correlation of AAR Corp 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 AAR Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAR Corp 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 AAR Corp 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 AAR Stock Analysis
When running AAR Corp's price analysis, check to measure AAR Corp'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 AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.