Arts Way Manufacturing Co Stock Market Value
| ARTW Stock | USD 1.66 0.01 0.61% |
| Symbol | Arts |
Arts Way Manufacturing Price To Book Ratio
Is Agricultural & Farm Machinery 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 Arts Way. If investors know Arts 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 Arts Way 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 0.584 | Earnings Share (0.11) | Revenue Per Share 4.994 | Quarterly Revenue Growth (0.28) | Return On Assets 0.0007 |
The market value of Arts Way Manufacturing is measured differently than its book value, which is the value of Arts that is recorded on the company's balance sheet. Investors also form their own opinion of Arts Way's value that differs from its market value or its book value, called intrinsic value, which is Arts Way'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 Arts Way's market value can be influenced by many factors that don't directly affect Arts Way'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 Arts Way's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arts Way is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arts Way'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.
Arts Way '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 Arts Way'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 Arts Way.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Arts Way on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arts Way Manufacturing Co or generate 0.0% return on investment in Arts Way over 180 days. Arts Way is related to or competes with Small Cap, Morningstar Unconstrained, Mutual Of, Ep Emerging, Spring Valley, Valic Company, and Knife River. Arts-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, a... More
Arts Way 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 Arts Way'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 Arts Way Manufacturing Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 24.26 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 5.23 |
Arts Way Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arts Way's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arts Way's standard deviation. In reality, there are many statistical measures that can use Arts Way historical prices to predict the future Arts Way's volatility.| Risk Adjusted Performance | 0.0467 | |||
| Jensen Alpha | 0.1026 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | 0.2084 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arts Way'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.
Arts Way Manufacturing Backtested Returns
Arts Way Manufacturing secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Arts Way Manufacturing Co exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arts Way's Downside Deviation of 2.69, risk adjusted performance of 0.0467, and Mean Deviation of 2.23 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arts Way's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arts Way is expected to be smaller as well. At this point, Arts Way Manufacturing has a negative expected return of -0.26%. Please make sure to confirm Arts Way's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Arts Way Manufacturing performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Arts Way Manufacturing Co has below average predictability. Overlapping area represents the amount of predictability between Arts Way time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Arts Way Manufacturing price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Arts Way price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Arts Way Manufacturing lagged returns against current returns
Autocorrelation, which is Arts Way 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 Arts Way's stock expected returns. We can calculate the autocorrelation of Arts Way returns to help us make a trade decision. For example, suppose you find that Arts Way 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 |
Arts Way 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 Arts Way stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arts Way stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arts Way stock over time.
Current vs Lagged Prices |
| Timeline |
Arts Way Lagged Returns
When evaluating Arts Way's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arts Way stock have on its future price. Arts Way 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, Arts Way autocorrelation shows the relationship between Arts Way stock current value and its past values and can show if there is a momentum factor associated with investing in Arts Way Manufacturing Co.
Regressed Prices |
| Timeline |
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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.Additional Tools for Arts Stock Analysis
When running Arts Way's price analysis, check to measure Arts Way'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 Arts Way is operating at the current time. Most of Arts Way's value examination focuses on studying past and present price action to predict the probability of Arts Way's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arts Way's price. Additionally, you may evaluate how the addition of Arts Way to your portfolios can decrease your overall portfolio volatility.