American Woodmark Stock Market Value
| AMWD Stock | USD 97.24 2.50 2.64% |
| Symbol | American |
American Woodmark Price To Book Ratio
Is Building Products 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 American Woodmark. If investors know American 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 American Woodmark 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 (0.17) | Earnings Share 6.76 | Revenue Per Share 113.705 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0609 |
The market value of American Woodmark is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Woodmark's value that differs from its market value or its book value, called intrinsic value, which is American Woodmark'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 American Woodmark's market value can be influenced by many factors that don't directly affect American Woodmark'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 American Woodmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Woodmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Woodmark'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.
American Woodmark '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 American Woodmark'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 American Woodmark.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in American Woodmark on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding American Woodmark or generate 0.0% return on investment in American Woodmark over 30 days. American Woodmark is related to or competes with La Z, Natuzzi SpA, Mohawk Industries, MasterBrand, Bassett Furniture, Flexsteel Industries, and Hamilton Beach. American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware produc... More
American Woodmark 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 American Woodmark'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 American Woodmark upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.43 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.71 |
American Woodmark Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Woodmark's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Woodmark's standard deviation. In reality, there are many statistical measures that can use American Woodmark historical prices to predict the future American Woodmark's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0257 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Woodmark'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.
American Woodmark Backtested Returns
At this point, American Woodmark is very steady. American Woodmark secures Sharpe Ratio (or Efficiency) of 0.0743, which signifies that the company had a 0.0743% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for American Woodmark, which you can use to evaluate the volatility of the firm. Please confirm American Woodmark's risk adjusted performance of 0.0263, and Mean Deviation of 1.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. American Woodmark has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.11, 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, American Woodmark will likely underperform. American Woodmark right now shows a risk of 2.12%. Please confirm American Woodmark potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if American Woodmark will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
American Woodmark has weak reverse predictability. Overlapping area represents the amount of predictability between American Woodmark time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 American Woodmark price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current American Woodmark price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 6.39 |
American Woodmark lagged returns against current returns
Autocorrelation, which is American Woodmark 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 American Woodmark's stock expected returns. We can calculate the autocorrelation of American Woodmark returns to help us make a trade decision. For example, suppose you find that American Woodmark 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 |
American Woodmark 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 American Woodmark stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Woodmark stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Woodmark stock over time.
Current vs Lagged Prices |
| Timeline |
American Woodmark Lagged Returns
When evaluating American Woodmark's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Woodmark stock have on its future price. American Woodmark 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, American Woodmark autocorrelation shows the relationship between American Woodmark stock current value and its past values and can show if there is a momentum factor associated with investing in American Woodmark.
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 American Woodmark is a strong investment it is important to analyze American Woodmark's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Woodmark's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:Check out American Woodmark Correlation, American Woodmark Volatility and American Woodmark Alpha and Beta module to complement your research on American Woodmark. For information on how to trade American Stock refer to our How to Trade American Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
American Woodmark 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.