Alliance Entertainment Holding Stock Market Value
| AENTW Stock | 0.16 0.03 15.79% |
| Symbol | Alliance |
Alliance Entertainment Price To Book Ratio
Is Movies & Entertainment 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 Alliance Entertainment. If investors know Alliance 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 Alliance Entertainment 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 21.651 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0283 | Return On Equity 0.0548 |
The market value of Alliance Entertainment is measured differently than its book value, which is the value of Alliance that is recorded on the company's balance sheet. Investors also form their own opinion of Alliance Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Alliance Entertainment'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 Alliance Entertainment's market value can be influenced by many factors that don't directly affect Alliance Entertainment'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 Alliance Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alliance Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliance Entertainment'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.
Alliance Entertainment '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 Alliance Entertainment'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 Alliance Entertainment.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Alliance Entertainment on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Alliance Entertainment Holding or generate 0.0% return on investment in Alliance Entertainment over 30 days. Alliance Entertainment is related to or competes with Summit Materials, Air Transport, JetBlue Airways, American Airlines, Mesa Air, Stepan, and Olympic Steel. Alliance Entertainment is entity of United States More
Alliance Entertainment 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 Alliance Entertainment'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 Alliance Entertainment Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.89 | |||
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 167.87 | |||
| Value At Risk | (27.05) | |||
| Potential Upside | 58.33 |
Alliance Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alliance Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alliance Entertainment's standard deviation. In reality, there are many statistical measures that can use Alliance Entertainment historical prices to predict the future Alliance Entertainment's volatility.| Risk Adjusted Performance | 0.1426 | |||
| Jensen Alpha | 4.3 | |||
| Total Risk Alpha | 0.1843 | |||
| Sortino Ratio | 0.2386 | |||
| Treynor Ratio | 1.09 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alliance Entertainment's 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.
Alliance Entertainment Backtested Returns
Alliance Entertainment is out of control given 3 months investment horizon. Alliance Entertainment secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 4.92% are justified by taking the suggested risk. Use Alliance Entertainment Risk Adjusted Performance of 0.1426, mean deviation of 18.16, and Downside Deviation of 19.89 to evaluate company specific risk that cannot be diversified away. Alliance Entertainment holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 4.45, 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, Alliance Entertainment will likely underperform. Use Alliance Entertainment treynor ratio, as well as the relationship between the expected short fall and day median price , to analyze future returns on Alliance Entertainment.
Auto-correlation | -0.05 |
Very weak reverse predictability
Alliance Entertainment Holding has very weak reverse predictability. Overlapping area represents the amount of predictability between Alliance Entertainment time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Alliance Entertainment price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Alliance Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alliance Entertainment lagged returns against current returns
Autocorrelation, which is Alliance Entertainment 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 Alliance Entertainment's stock expected returns. We can calculate the autocorrelation of Alliance Entertainment returns to help us make a trade decision. For example, suppose you find that Alliance Entertainment 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 |
Alliance Entertainment 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 Alliance Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alliance Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alliance Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Alliance Entertainment Lagged Returns
When evaluating Alliance Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alliance Entertainment stock have on its future price. Alliance Entertainment 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, Alliance Entertainment autocorrelation shows the relationship between Alliance Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Alliance Entertainment Holding.
Regressed Prices |
| Timeline |
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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.Additional Tools for Alliance Stock Analysis
When running Alliance Entertainment's price analysis, check to measure Alliance Entertainment'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 Alliance Entertainment is operating at the current time. Most of Alliance Entertainment's value examination focuses on studying past and present price action to predict the probability of Alliance Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Entertainment's price. Additionally, you may evaluate how the addition of Alliance Entertainment to your portfolios can decrease your overall portfolio volatility.