Standardaero, Stock Market Value
| SARO Stock | 28.88 0.36 1.26% |
| Symbol | StandardAero, |
Is Aircraft 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 StandardAero,. If investors know StandardAero, 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 StandardAero, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 1.8 K | Quarterly Revenue Growth 0.12 |
The market value of StandardAero, is measured differently than its book value, which is the value of StandardAero, that is recorded on the company's balance sheet. Investors also form their own opinion of StandardAero,'s value that differs from its market value or its book value, called intrinsic value, which is StandardAero,'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 StandardAero,'s market value can be influenced by many factors that don't directly affect StandardAero,'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 StandardAero,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if StandardAero, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StandardAero,'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.
StandardAero, '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 StandardAero,'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 StandardAero,.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in StandardAero, on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding StandardAero, or generate 0.0% return on investment in StandardAero, over 180 days. StandardAero, is related to or competes with Magna International, American Axle, CarsalesCom, KVH Industries, NETGEAR, and Zedge. StandardAero, is entity of United States More
StandardAero, 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 StandardAero,'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 StandardAero, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 43.24 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.87 |
StandardAero, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StandardAero,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StandardAero,'s standard deviation. In reality, there are many statistical measures that can use StandardAero, historical prices to predict the future StandardAero,'s volatility.| Risk Adjusted Performance | 0.0833 | |||
| Jensen Alpha | 0.5918 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.2126 | |||
| Treynor Ratio | 1.59 |
StandardAero, Backtested Returns
StandardAero, appears to be not too volatile, given 3 months investment horizon. StandardAero, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting StandardAero,'s technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review StandardAero,'s Risk Adjusted Performance of 0.0833, semi deviation of 2.11, and Coefficient Of Variation of 1011.95 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, StandardAero, holds a performance score of 8. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, StandardAero,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding StandardAero, is expected to be smaller as well. Please check StandardAero,'s value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether StandardAero,'s existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
StandardAero, has no correlation between past and present. Overlapping area represents the amount of predictability between StandardAero, 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 StandardAero, price movement. The serial correlation of 0.0 indicates that just 0.0% of current StandardAero, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
StandardAero, lagged returns against current returns
Autocorrelation, which is StandardAero, 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 StandardAero,'s stock expected returns. We can calculate the autocorrelation of StandardAero, returns to help us make a trade decision. For example, suppose you find that StandardAero, 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 |
StandardAero, 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 StandardAero, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StandardAero, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in StandardAero, stock over time.
Current vs Lagged Prices |
| Timeline |
StandardAero, Lagged Returns
When evaluating StandardAero,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StandardAero, stock have on its future price. StandardAero, 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, StandardAero, autocorrelation shows the relationship between StandardAero, stock current value and its past values and can show if there is a momentum factor associated with investing in StandardAero,.
Regressed Prices |
| Timeline |
Pair Trading with StandardAero,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if StandardAero, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in StandardAero, will appreciate offsetting losses from the drop in the long position's value.Moving against StandardAero, Stock
The ability to find closely correlated positions to StandardAero, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StandardAero, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back StandardAero, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling StandardAero, to buy it.
The correlation of StandardAero, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as StandardAero, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StandardAero, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for StandardAero, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out StandardAero, Correlation, StandardAero, Volatility and StandardAero, Alpha and Beta module to complement your research on StandardAero,. To learn how to invest in StandardAero, Stock, please use our How to Invest in StandardAero, guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
StandardAero, 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.