Arb Iot Group Stock Market Value
| ARBB Stock | 0.46 0.06 11.54% |
| Symbol | ARB |
ARB IOT Group Price To Book Ratio
Is Application Software 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 ARB IOT. If investors know ARB 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 ARB IOT 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 (0.79) | Earnings Share (0.47) | Revenue Per Share 2.201 | Quarterly Revenue Growth (0.78) | Return On Assets (0.13) |
The market value of ARB IOT Group is measured differently than its book value, which is the value of ARB that is recorded on the company's balance sheet. Investors also form their own opinion of ARB IOT's value that differs from its market value or its book value, called intrinsic value, which is ARB IOT'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 ARB IOT's market value can be influenced by many factors that don't directly affect ARB IOT'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 ARB IOT's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARB IOT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARB IOT'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.
ARB IOT '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 ARB IOT'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 ARB IOT.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in ARB IOT on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding ARB IOT Group or generate 0.0% return on investment in ARB IOT over 660 days. ARB IOT is related to or competes with Formula Systems, CSP, CLARIVATE PLC, BigBearai Holdings, Innodata, CLPS, and 9F. ARB IOT is entity of United States. It is traded as Stock on NASDAQ exchange. More
ARB IOT 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 ARB IOT'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 ARB IOT Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.21 | |||
| Information Ratio | 0.0767 | |||
| Maximum Drawdown | 124.9 | |||
| Value At Risk | (14.55) | |||
| Potential Upside | 12.0 |
ARB IOT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARB IOT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARB IOT's standard deviation. In reality, there are many statistical measures that can use ARB IOT historical prices to predict the future ARB IOT's volatility.| Risk Adjusted Performance | 0.0745 | |||
| Jensen Alpha | 0.9523 | |||
| Total Risk Alpha | (1.21) | |||
| Sortino Ratio | 0.1125 | |||
| Treynor Ratio | 0.3879 |
ARB IOT Group Backtested Returns
ARB IOT is abnormally volatile given 3 months investment horizon. ARB IOT Group retains Efficiency (Sharpe Ratio) of 0.0701, which signifies that the company had a 0.0701% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use ARB IOT Group market risk adjusted performance of 0.3979, and Coefficient Of Variation of 1180.96 to evaluate company specific risk that cannot be diversified away. ARB IOT holds a performance score of 5 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 3.56, 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, ARB IOT will likely underperform. Use ARB IOT Group mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to analyze future returns on ARB IOT Group.
Auto-correlation | 0.86 |
Very good predictability
ARB IOT Group has very good predictability. Overlapping area represents the amount of predictability between ARB IOT time series from 4th of February 2023 to 31st of December 2023 and 31st 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 ARB IOT Group price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current ARB IOT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
ARB IOT Group lagged returns against current returns
Autocorrelation, which is ARB IOT 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 ARB IOT's stock expected returns. We can calculate the autocorrelation of ARB IOT returns to help us make a trade decision. For example, suppose you find that ARB IOT 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 |
ARB IOT 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 ARB IOT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARB IOT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARB IOT stock over time.
Current vs Lagged Prices |
| Timeline |
ARB IOT Lagged Returns
When evaluating ARB IOT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARB IOT stock have on its future price. ARB IOT 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, ARB IOT autocorrelation shows the relationship between ARB IOT stock current value and its past values and can show if there is a momentum factor associated with investing in ARB IOT Group.
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 ARB IOT Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ARB IOT's 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 Arb Iot Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arb Iot Group Stock:Check out ARB IOT Correlation, ARB IOT Volatility and ARB IOT Alpha and Beta module to complement your research on ARB IOT. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
ARB IOT 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.