Airship Ai Holdings Stock Market Value
| AISP Stock | 3.23 0.11 3.53% |
| Symbol | Airship |
Airship AI Holdings 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 Airship AI. If investors know Airship 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 Airship AI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.58 | Revenue Per Share 1.708 | Quarterly Revenue Growth 1.311 | Return On Assets (0.29) |
The market value of Airship AI Holdings is measured differently than its book value, which is the value of Airship that is recorded on the company's balance sheet. Investors also form their own opinion of Airship AI's value that differs from its market value or its book value, called intrinsic value, which is Airship AI'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 Airship AI's market value can be influenced by many factors that don't directly affect Airship AI'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 Airship AI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airship AI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airship AI'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.
Airship AI '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 Airship AI'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 Airship AI.
| 04/07/2024 |
| 12/03/2024 |
If you would invest 0.00 in Airship AI on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Airship AI Holdings or generate 0.0% return on investment in Airship AI over 240 days. Airship AI is related to or competes with Alarum Technologies, Nutanix, Palo Alto, GigaCloud Technology, Pagaya Technologies, Telos Corp, and Cemtrex. Airship AI is entity of United States. It is traded as Stock on NASDAQ exchange. More
Airship AI 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 Airship AI'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 Airship AI Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.73 | |||
| Information Ratio | 0.0589 | |||
| Maximum Drawdown | 44.8 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 17.02 |
Airship AI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airship AI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airship AI's standard deviation. In reality, there are many statistical measures that can use Airship AI historical prices to predict the future Airship AI's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.1708 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 0.1681 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Airship AI'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.
Airship AI Holdings Backtested Returns
Airship AI appears to be risky, given 3 months investment horizon. Airship AI Holdings secures Sharpe Ratio (or Efficiency) of 0.0531, which signifies that the company had a 0.0531% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Airship AI Holdings, which you can use to evaluate the volatility of the firm. Please makes use of Airship AI's Mean Deviation of 4.84, downside deviation of 5.73, and Risk Adjusted Performance of 0.0673 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Airship AI holds a performance score of 4. The firm shows a Beta (market volatility) of 3.17, 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, Airship AI will likely underperform. Please check Airship AI's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Airship AI's price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Airship AI Holdings has good predictability. Overlapping area represents the amount of predictability between Airship AI time series from 7th of April 2024 to 5th of August 2024 and 5th of August 2024 to 3rd of December 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 Airship AI Holdings price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Airship AI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Airship AI Holdings lagged returns against current returns
Autocorrelation, which is Airship AI 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 Airship AI's stock expected returns. We can calculate the autocorrelation of Airship AI returns to help us make a trade decision. For example, suppose you find that Airship AI 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 |
Airship AI 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 Airship AI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Airship AI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Airship AI stock over time.
Current vs Lagged Prices |
| Timeline |
Airship AI Lagged Returns
When evaluating Airship AI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Airship AI stock have on its future price. Airship AI 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, Airship AI autocorrelation shows the relationship between Airship AI stock current value and its past values and can show if there is a momentum factor associated with investing in Airship AI Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Airship AI
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 Airship AI 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 Airship AI will appreciate offsetting losses from the drop in the long position's value.Moving against Airship Stock
| 0.56 | VERI | Veritone | PairCorr |
| 0.54 | DOCN | DigitalOcean Holdings | PairCorr |
| 0.49 | MQ | Marqeta | PairCorr |
| 0.47 | VRNS | Varonis Systems | PairCorr |
| 0.44 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
The ability to find closely correlated positions to Airship AI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airship AI 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 Airship AI - 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 Airship AI Holdings to buy it.
The correlation of Airship AI 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 Airship AI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airship AI Holdings 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 Airship AI 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 Airship Stock Analysis
When running Airship AI's price analysis, check to measure Airship AI'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 Airship AI is operating at the current time. Most of Airship AI's value examination focuses on studying past and present price action to predict the probability of Airship AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airship AI's price. Additionally, you may evaluate how the addition of Airship AI to your portfolios can decrease your overall portfolio volatility.