Amcon Distributing Stock Market Value
| DIT Stock | USD 125.13 4.10 3.39% |
| Symbol | AMCON |
AMCON Distributing Price To Book Ratio
Is Distributors 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 AMCON Distributing. If investors know AMCON 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 AMCON Distributing 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 (0.58) | Dividend Share 0.72 | Earnings Share 6.71 | Revenue Per Share 3.6 K | Quarterly Revenue Growth 0.092 |
The market value of AMCON Distributing is measured differently than its book value, which is the value of AMCON that is recorded on the company's balance sheet. Investors also form their own opinion of AMCON Distributing's value that differs from its market value or its book value, called intrinsic value, which is AMCON Distributing'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 AMCON Distributing's market value can be influenced by many factors that don't directly affect AMCON Distributing'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 AMCON Distributing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMCON Distributing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMCON Distributing'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.
AMCON Distributing '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 AMCON Distributing'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 AMCON Distributing.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in AMCON Distributing on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding AMCON Distributing or generate 0.0% return on investment in AMCON Distributing over 30 days. AMCON Distributing is related to or competes with Chefs Warehouse, G Willi, SpartanNash, Calavo Growers, Bunzl Plc, Hf Foods, and Mission Produce. AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products i... More
AMCON Distributing 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 AMCON Distributing'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 AMCON Distributing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.23 | |||
| Value At Risk | (5.43) | |||
| Potential Upside | 7.69 |
AMCON Distributing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMCON Distributing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMCON Distributing's standard deviation. In reality, there are many statistical measures that can use AMCON Distributing historical prices to predict the future AMCON Distributing's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.5941 |
AMCON Distributing Backtested Returns
AMCON Distributing retains Efficiency (Sharpe Ratio) of -0.0275, which signifies that the company had a -0.0275% return per unit of risk over the last 3 months. AMCON Distributing exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMCON Distributing's variance of 12.78, and Market Risk Adjusted Performance of 0.6041 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AMCON Distributing are expected to decrease at a much lower rate. During the bear market, AMCON Distributing is likely to outperform the market. At this point, AMCON Distributing has a negative expected return of -0.1%. Please make sure to confirm AMCON Distributing's total risk alpha, as well as the relationship between the skewness and day median price , to decide if AMCON Distributing performance from the past will be repeated in the future.
Auto-correlation | -0.21 |
Weak reverse predictability
AMCON Distributing has weak reverse predictability. Overlapping area represents the amount of predictability between AMCON Distributing 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 AMCON Distributing price movement. The serial correlation of -0.21 indicates that over 21.0% of current AMCON Distributing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 25.07 |
AMCON Distributing lagged returns against current returns
Autocorrelation, which is AMCON Distributing 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 AMCON Distributing's stock expected returns. We can calculate the autocorrelation of AMCON Distributing returns to help us make a trade decision. For example, suppose you find that AMCON Distributing 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 |
AMCON Distributing 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 AMCON Distributing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMCON Distributing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMCON Distributing stock over time.
Current vs Lagged Prices |
| Timeline |
AMCON Distributing Lagged Returns
When evaluating AMCON Distributing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMCON Distributing stock have on its future price. AMCON Distributing 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, AMCON Distributing autocorrelation shows the relationship between AMCON Distributing stock current value and its past values and can show if there is a momentum factor associated with investing in AMCON Distributing.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AMCON Stock Analysis
When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.