Aka Brands Holding Stock Market Value
| AKA Stock | USD 20.26 1.51 8.05% |
| Symbol | AKA |
AKA Brands Holding Price To Book Ratio
Is Specialty Retail 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 AKA Brands. If investors know AKA 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 AKA Brands 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 (0.50) | Earnings Share (2.86) | Revenue Per Share 53.472 | Quarterly Revenue Growth 0.064 | Return On Assets (0.02) |
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA Brands' 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA Brands' 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if AKA Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA Brands' 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.
AKA Brands '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 AKA Brands' 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 AKA Brands.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in AKA Brands on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding AKA Brands Holding or generate 0.0% return on investment in AKA Brands over 30 days. AKA Brands is related to or competes with Brilliant Earth, Lulus Fashion, Torrid Holdings, and Aveanna Healthcare. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally More
AKA Brands 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 AKA Brands' 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 AKA Brands Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 39.74 | |||
| Value At Risk | (10.91) | |||
| Potential Upside | 10.91 |
AKA Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AKA Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AKA Brands' standard deviation. In reality, there are many statistical measures that can use AKA Brands historical prices to predict the future AKA Brands' volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.01) |
AKA Brands Holding Backtested Returns
At this point, AKA Brands is slightly risky. AKA Brands Holding retains Efficiency (Sharpe Ratio) of 0.0073, which signifies that the company had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for AKA Brands, which you can use to evaluate the volatility of the firm. Please confirm AKA Brands' variance of 49.34, and Market Risk Adjusted Performance of 0.0036 to double-check if the risk estimate we provide is consistent with the expected return of 0.0525%. The firm owns a Beta (Systematic Risk) of 2.5, 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, AKA Brands will likely underperform. AKA Brands Holding at this moment owns a risk of 7.17%. Please confirm AKA Brands Holding total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if AKA Brands Holding will be following its current price history.
Auto-correlation | 0.53 |
Modest predictability
AKA Brands Holding has modest predictability. Overlapping area represents the amount of predictability between AKA Brands time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 AKA Brands Holding price movement. The serial correlation of 0.53 indicates that about 53.0% of current AKA Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 6.24 |
AKA Brands Holding lagged returns against current returns
Autocorrelation, which is AKA Brands 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 AKA Brands' stock expected returns. We can calculate the autocorrelation of AKA Brands returns to help us make a trade decision. For example, suppose you find that AKA Brands 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 |
AKA Brands 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 AKA Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AKA Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AKA Brands stock over time.
Current vs Lagged Prices |
| Timeline |
AKA Brands Lagged Returns
When evaluating AKA Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AKA Brands stock have on its future price. AKA Brands 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, AKA Brands autocorrelation shows the relationship between AKA Brands stock current value and its past values and can show if there is a momentum factor associated with investing in AKA Brands Holding.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether AKA Brands Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AKA Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aka Brands Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aka Brands Holding Stock:Check out AKA Brands Correlation, AKA Brands Volatility and AKA Brands Alpha and Beta module to complement your research on AKA Brands. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
AKA Brands 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.