Acv Auctions Stock Market Value
| ACVA Stock | USD 20.30 0.64 3.06% |
| Symbol | ACV |
ACV Auctions Price To Book Ratio
Is Commercial Services & Supplies 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 ACV Auctions. If investors know ACV 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 ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 3.644 | Quarterly Revenue Growth 0.44 | Return On Assets (0.05) | Return On Equity (0.17) |
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' 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 ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' 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 ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' 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.
ACV Auctions '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 ACV Auctions' 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 ACV Auctions.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in ACV Auctions on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding ACV Auctions or generate 0.0% return on investment in ACV Auctions over 360 days. ACV Auctions is related to or competes with CarGurus, KAR Auction, Kingsway Financial, Driven Brands, Group 1, Cars, and Rush Enterprises. ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale ve... More
ACV Auctions 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 ACV Auctions' 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 ACV Auctions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0038 | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 4.51 |
ACV Auctions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACV Auctions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACV Auctions' standard deviation. In reality, there are many statistical measures that can use ACV Auctions historical prices to predict the future ACV Auctions' volatility.| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0047 | |||
| Treynor Ratio | 0.0591 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ACV Auctions' 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.
ACV Auctions Backtested Returns
At this point, ACV Auctions is not too volatile. ACV Auctions secures Sharpe Ratio (or Efficiency) of 0.023, which signifies that the company had a 0.023% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for ACV Auctions, which you can use to evaluate the volatility of the entity. Please confirm ACV Auctions' Market Risk Adjusted Performance of 0.0691, mean deviation of 1.81, and Coefficient Of Variation of 1941.46 to double-check if the risk estimate we provide is consistent with the expected return of 0.0554%. ACV Auctions has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.87, which signifies 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, ACV Auctions will likely underperform. ACV Auctions now shows a risk of 2.41%. Please confirm ACV Auctions treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to decide if ACV Auctions will be following its price patterns.
Auto-correlation | 0.63 |
Good predictability
ACV Auctions has good predictability. Overlapping area represents the amount of predictability between ACV Auctions time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 ACV Auctions price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current ACV Auctions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 2.99 |
ACV Auctions lagged returns against current returns
Autocorrelation, which is ACV Auctions 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 ACV Auctions' stock expected returns. We can calculate the autocorrelation of ACV Auctions returns to help us make a trade decision. For example, suppose you find that ACV Auctions 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 |
ACV Auctions 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 ACV Auctions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACV Auctions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACV Auctions stock over time.
Current vs Lagged Prices |
| Timeline |
ACV Auctions Lagged Returns
When evaluating ACV Auctions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACV Auctions stock have on its future price. ACV Auctions 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, ACV Auctions autocorrelation shows the relationship between ACV Auctions stock current value and its past values and can show if there is a momentum factor associated with investing in ACV Auctions.
Regressed Prices |
| Timeline |
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 ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' 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 Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:Check out ACV Auctions Correlation, ACV Auctions Volatility and ACV Auctions Alpha and Beta module to complement your research on ACV Auctions. For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
ACV Auctions 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.