Acuity Brands Stock Statistic Functions Beta

AYI Stock  USD 326.24  5.83  1.82%   
Acuity Brands statistic functions tool provides the execution environment for running the Beta function and other technical functions against Acuity Brands. Acuity Brands value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Acuity Brands statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Acuity Brands correlated with the market. If Beta is less than 0 Acuity Brands generally moves in the opposite direction as compared to the market. If Acuity Brands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Acuity Brands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Acuity Brands is generally in the same direction as the market. If Beta > 1 Acuity Brands moves generally in the same direction as, but more than the movement of the benchmark.

Acuity Brands Technical Analysis Modules

Most technical analysis of Acuity Brands help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Acuity from various momentum indicators to cycle indicators. When you analyze Acuity charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Acuity Brands Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Acuity Brands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Acuity Brands based on widely used predictive technical indicators. In general, we focus on analyzing Acuity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Acuity Brands's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Acuity Brands's intrinsic value. In addition to deriving basic predictive indicators for Acuity Brands, we also check how macroeconomic factors affect Acuity Brands price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.003230.0023140.002198
Price To Sales Ratio1.42.051.06
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.
Hype
Prediction
LowEstimatedHigh
325.16326.88328.60
Details
Intrinsic
Valuation
LowRealHigh
273.58275.30358.86
Details
Naive
Forecast
LowNextHigh
311.72313.44315.17
Details
8 Analysts
Consensus
LowTargetHigh
171.60188.57209.31
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acuity Brands in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acuity Brands' short interest history, or implied volatility extrapolated from Acuity Brands options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
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 Stocks Directory module to find actively traded stocks across global markets.
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
Dividend Share
0.58
Earnings Share
13.44
Revenue Per Share
124.365
Quarterly Revenue Growth
0.022
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.