Acuity Brands Stock Market Value
| AYI Stock | USD 328.53 1.00 0.31% |
| Symbol | Acuity |
Acuity Brands Price To Book Ratio
Is Electrical Components & Equipment 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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 0.434 | Earnings Share 13.57 | Revenue Per Share | Quarterly Revenue Growth 0.022 | Return On Assets |
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.
Acuity Brands '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 Acuity Brands' 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 Acuity Brands.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Acuity Brands on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Acuity Brands or generate 0.0% return on investment in Acuity Brands over 150 days. Acuity Brands is related to or competes with Energizer Holdings, Espey Mfg, Preformed Line, NVent Electric, Enersys, Kimball Electronics, and Advanced Energy. Acuity Brands, Inc. provides lighting and building management solutions in North America and internationally More
Acuity Brands 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 Acuity Brands' 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 Acuity Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0456 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.19 |
Acuity Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acuity Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acuity Brands' standard deviation. In reality, there are many statistical measures that can use Acuity Brands historical prices to predict the future Acuity Brands' volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 0.1507 | |||
| Total Risk Alpha | (0.0008) | |||
| Sortino Ratio | 0.0496 | |||
| Treynor Ratio | 2.4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acuity Brands' 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.
Acuity Brands Backtested Returns
Acuity Brands is very steady at the moment. Acuity Brands secures Sharpe Ratio (or Efficiency) of 0.0837, which signifies that the company had a 0.0837 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Acuity Brands, which you can use to evaluate the volatility of the firm. Please confirm Acuity Brands' Mean Deviation of 1.12, risk adjusted performance of 0.0994, and Downside Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Acuity Brands has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0651, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Acuity Brands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Acuity Brands is expected to be smaller as well. Acuity Brands right now shows a risk of 1.51%. Please confirm Acuity Brands value at risk, as well as the relationship between the skewness and day median price , to decide if Acuity Brands will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Acuity Brands has weak reverse predictability. Overlapping area represents the amount of predictability between Acuity Brands time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Acuity Brands price movement. The serial correlation of -0.22 indicates that over 22.0% of current Acuity Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 145.91 |
Acuity Brands lagged returns against current returns
Autocorrelation, which is Acuity Brands 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 Acuity Brands' stock expected returns. We can calculate the autocorrelation of Acuity Brands returns to help us make a trade decision. For example, suppose you find that Acuity Brands 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 |
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Acuity Brands 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 Acuity Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acuity Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acuity Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Acuity Brands Lagged Returns
When evaluating Acuity Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acuity Brands stock have on its future price. Acuity Brands 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, Acuity Brands autocorrelation shows the relationship between Acuity Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Acuity Brands.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' 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 Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:Check out Acuity Brands Correlation, Acuity Brands Volatility and Acuity Brands Alpha and Beta module to complement your research on Acuity Brands. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Acuity Brands 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.