Rush Enterprises A Stock Market Value
| RUSHA Stock | USD 62.87 2.87 4.78% |
| Symbol | Rush |
Rush Enterprises A Price To Book Ratio
Is Trading Companies & 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 Rush Enterprises. If investors know Rush 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 Rush Enterprises 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 0.01 | Dividend Share 0.69 | Earnings Share 3.77 | Revenue Per Share 99.014 | Quarterly Revenue Growth (0.04) |
The market value of Rush Enterprises A is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Rush Enterprises' 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 Rush Enterprises' market value can be influenced by many factors that don't directly affect Rush Enterprises' 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 Rush Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Enterprises' 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.
Rush Enterprises '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 Rush Enterprises' 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 Rush Enterprises.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Rush Enterprises on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Rush Enterprises A or generate 0.0% return on investment in Rush Enterprises over 30 days. Rush Enterprises is related to or competes with Kingsway Financial, Group 1, KAR Auction, Cars, Penske Automotive, Lithia Motors, and AutoNation. Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related ... More
Rush Enterprises 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 Rush Enterprises' 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 Rush Enterprises A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0557 | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 3.7 |
Rush Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rush Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rush Enterprises' standard deviation. In reality, there are many statistical measures that can use Rush Enterprises historical prices to predict the future Rush Enterprises' volatility.| Risk Adjusted Performance | 0.095 | |||
| Jensen Alpha | 0.0076 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0719 | |||
| Treynor Ratio | 0.1247 |
Rush Enterprises A Backtested Returns
Rush Enterprises appears to be very steady, given 3 months investment horizon. Rush Enterprises A maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rush Enterprises A, which you can use to evaluate the volatility of the company. Please evaluate Rush Enterprises' Coefficient Of Variation of 866.41, semi deviation of 1.5, and Risk Adjusted Performance of 0.095 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rush Enterprises holds a performance score of 11. The company holds a Beta of 1.95, which implies 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, Rush Enterprises will likely underperform. Please check Rush Enterprises' skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Rush Enterprises' historical price patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
Rush Enterprises A has good reverse predictability. Overlapping area represents the amount of predictability between Rush Enterprises time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Rush Enterprises A price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Rush Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 2.94 |
Rush Enterprises A lagged returns against current returns
Autocorrelation, which is Rush Enterprises 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 Rush Enterprises' stock expected returns. We can calculate the autocorrelation of Rush Enterprises returns to help us make a trade decision. For example, suppose you find that Rush Enterprises 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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Rush Enterprises 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 Rush Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rush Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rush Enterprises stock over time.
Current vs Lagged Prices |
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Rush Enterprises Lagged Returns
When evaluating Rush Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rush Enterprises stock have on its future price. Rush Enterprises 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, Rush Enterprises autocorrelation shows the relationship between Rush Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in Rush Enterprises A.
Regressed Prices |
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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 Rush Enterprises A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Enterprises' 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 Rush Enterprises A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Enterprises A Stock:Check out Rush Enterprises Correlation, Rush Enterprises Volatility and Rush Enterprises Alpha and Beta module to complement your research on Rush Enterprises. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Rush Enterprises 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.