American Outdoor Brands Stock Market Value
| AOUT Stock | USD 9.58 0.24 2.57% |
| Symbol | American |
Is Defense 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 Outdoor. 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 Outdoor 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 American Outdoor Brands 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 Outdoor's value that differs from its market value or its book value, called intrinsic value, which is American Outdoor'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 Outdoor's market value can be influenced by many factors that don't directly affect American Outdoor'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 Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Outdoor'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 Outdoor '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 Outdoor'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 Outdoor.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in American Outdoor on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding American Outdoor Brands or generate 0.0% return on investment in American Outdoor over 30 days. American Outdoor is related to or competes with Clarus Corp, Escalade Incorporated, Johnson Outdoors, JAKKS Pacific, OneSpaWorld Holdings, Leatt Corp, and Six Flags. American Outdoor Brands, Inc. provides outdoor products and accessories for rugged outdoor enthusiasts in the United Sta... More
American Outdoor 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 Outdoor'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 Outdoor Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.0016 | |||
| Maximum Drawdown | 15.12 | |||
| Value At Risk | (4.77) | |||
| Potential Upside | 3.7 |
American Outdoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Outdoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Outdoor's standard deviation. In reality, there are many statistical measures that can use American Outdoor historical prices to predict the future American Outdoor's volatility.| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | 0.0966 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0016 | |||
| Treynor Ratio | 1.43 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American Outdoor'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 Outdoor Brands Backtested Returns
Currently, American Outdoor Brands is somewhat reliable. American Outdoor Brands secures Sharpe Ratio (or Efficiency) of 0.0427, which signifies that the company had a 0.0427% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for American Outdoor Brands, which you can use to evaluate the volatility of the firm. Please confirm American Outdoor's mean deviation of 1.95, and Risk Adjusted Performance of 0.0397 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. American Outdoor has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0724, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Outdoor's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Outdoor is expected to be smaller as well. American Outdoor Brands right now shows a risk of 2.66%. Please confirm American Outdoor Brands potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if American Outdoor Brands will be following its price patterns.
Auto-correlation | 0.20 |
Weak predictability
American Outdoor Brands has weak predictability. Overlapping area represents the amount of predictability between American Outdoor 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 American Outdoor Brands price movement. The serial correlation of 0.2 indicates that over 20.0% of current American Outdoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
American Outdoor Brands lagged returns against current returns
Autocorrelation, which is American Outdoor 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 Outdoor's stock expected returns. We can calculate the autocorrelation of American Outdoor returns to help us make a trade decision. For example, suppose you find that American Outdoor 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 Outdoor 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 Outdoor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Outdoor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Outdoor stock over time.
Current vs Lagged Prices |
| Timeline |
American Outdoor Lagged Returns
When evaluating American Outdoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Outdoor stock have on its future price. American Outdoor 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 Outdoor autocorrelation shows the relationship between American Outdoor stock current value and its past values and can show if there is a momentum factor associated with investing in American Outdoor Brands.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for American Stock Analysis
When running American Outdoor's price analysis, check to measure American Outdoor'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 American Outdoor is operating at the current time. Most of American Outdoor's value examination focuses on studying past and present price action to predict the probability of American Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Outdoor's price. Additionally, you may evaluate how the addition of American Outdoor to your portfolios can decrease your overall portfolio volatility.