Airnet Technology Stock Market Value
| ANTE Stock | USD 0.49 0.02 4.26% |
| Symbol | Airnet |
Is Business 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 Airnet Technology. If investors know Airnet 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 Airnet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Airnet Technology is measured differently than its book value, which is the value of Airnet that is recorded on the company's balance sheet. Investors also form their own opinion of Airnet Technology's value that differs from its market value or its book value, called intrinsic value, which is Airnet Technology'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 Airnet Technology's market value can be influenced by many factors that don't directly affect Airnet Technology'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 Airnet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airnet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airnet Technology'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.
Airnet Technology '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 Airnet Technology'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 Airnet Technology.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Airnet Technology on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Airnet Technology or generate 0.0% return on investment in Airnet Technology over 30 days. Airnet Technology is related to or competes with ATIF Holdings, Mercurity Fintech, Taoping, Datasea, and Senmiao Technology. AirNet Technology Inc. operates out-of-home advertising platforms in the Peoples Republic of China More
Airnet Technology 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 Airnet Technology'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 Airnet Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.74 | |||
| Information Ratio | 0.127 | |||
| Maximum Drawdown | 43.57 | |||
| Value At Risk | (11.32) | |||
| Potential Upside | 21.15 |
Airnet Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airnet Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airnet Technology's standard deviation. In reality, there are many statistical measures that can use Airnet Technology historical prices to predict the future Airnet Technology's volatility.| Risk Adjusted Performance | 0.1152 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | 0.0681 | |||
| Sortino Ratio | 0.1499 | |||
| Treynor Ratio | 0.9325 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Airnet Technology'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.
Airnet Technology Backtested Returns
Airnet Technology is out of control given 3 months investment horizon. Airnet Technology secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use Airnet Technology Risk Adjusted Performance of 0.1152, downside deviation of 7.74, and Mean Deviation of 6.74 to evaluate company specific risk that cannot be diversified away. Airnet Technology holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.35, 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, Airnet Technology will likely underperform. Use Airnet Technology treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Airnet Technology.
Auto-correlation | 0.16 |
Very weak predictability
Airnet Technology has very weak predictability. Overlapping area represents the amount of predictability between Airnet Technology 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 Airnet Technology price movement. The serial correlation of 0.16 indicates that over 16.0% of current Airnet Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Airnet Technology lagged returns against current returns
Autocorrelation, which is Airnet Technology 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 Airnet Technology's stock expected returns. We can calculate the autocorrelation of Airnet Technology returns to help us make a trade decision. For example, suppose you find that Airnet Technology 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 |
Airnet Technology 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 Airnet Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Airnet Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Airnet Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Airnet Technology Lagged Returns
When evaluating Airnet Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Airnet Technology stock have on its future price. Airnet Technology 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, Airnet Technology autocorrelation shows the relationship between Airnet Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Airnet Technology.
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 Airnet Technology is a strong investment it is important to analyze Airnet Technology'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 Airnet Technology's future performance. For an informed investment choice regarding Airnet Stock, refer to the following important reports:Check out Airnet Technology Correlation, Airnet Technology Volatility and Airnet Technology Alpha and Beta module to complement your research on Airnet Technology. For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Airnet Technology 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.