Angi Homeservices Stock Market Value
| ANGI Stock | USD 1.97 0.01 0.51% |
| Symbol | ANGI |
ANGI Homeservices Price To Book Ratio
Is Interactive Media & Services 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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 (0.75) | Earnings Share 0.08 | Revenue Per Share 2.213 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0091 |
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.
ANGI Homeservices '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 ANGI Homeservices' 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 ANGI Homeservices.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in ANGI Homeservices on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding ANGI Homeservices or generate 0.0% return on investment in ANGI Homeservices over 720 days. ANGI Homeservices is related to or competes with Match, Outbrain, MediaAlpha, YY, Twilio, Getty Images, and Baidu. Angi Inc. connects home service professionals with consumers in the United States and internationally More
ANGI Homeservices 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 ANGI Homeservices' 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 ANGI Homeservices upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 33.0 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 4.38 |
ANGI Homeservices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGI Homeservices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGI Homeservices' standard deviation. In reality, there are many statistical measures that can use ANGI Homeservices historical prices to predict the future ANGI Homeservices' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.21) |
ANGI Homeservices Backtested Returns
ANGI Homeservices secures Sharpe Ratio (or Efficiency) of -0.0755, which signifies that the company had a -0.0755% return per unit of risk over the last 3 months. ANGI Homeservices exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANGI Homeservices' Mean Deviation of 2.57, risk adjusted performance of (0.05), and Standard Deviation of 4.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.55, 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, ANGI Homeservices will likely underperform. At this point, ANGI Homeservices has a negative expected return of -0.33%. Please make sure to confirm ANGI Homeservices' potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if ANGI Homeservices performance from the past will be repeated in the future.
Auto-correlation | -0.45 |
Modest reverse predictability
ANGI Homeservices has modest reverse predictability. Overlapping area represents the amount of predictability between ANGI Homeservices time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 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 ANGI Homeservices price movement. The serial correlation of -0.45 indicates that just about 45.0% of current ANGI Homeservices price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
ANGI Homeservices lagged returns against current returns
Autocorrelation, which is ANGI Homeservices 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 ANGI Homeservices' stock expected returns. We can calculate the autocorrelation of ANGI Homeservices returns to help us make a trade decision. For example, suppose you find that ANGI Homeservices 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 |
ANGI Homeservices 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 ANGI Homeservices stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGI Homeservices stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGI Homeservices stock over time.
Current vs Lagged Prices |
| Timeline |
ANGI Homeservices Lagged Returns
When evaluating ANGI Homeservices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGI Homeservices stock have on its future price. ANGI Homeservices 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, ANGI Homeservices autocorrelation shows the relationship between ANGI Homeservices stock current value and its past values and can show if there is a momentum factor associated with investing in ANGI Homeservices.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:Check out ANGI Homeservices Correlation, ANGI Homeservices Volatility and ANGI Homeservices Alpha and Beta module to complement your research on ANGI Homeservices. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
ANGI Homeservices 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.