Aersale Corp Stock Market Value
| ASLE Stock | USD 6.30 0.05 0.80% |
| Symbol | AerSale |
AerSale Corp Price To Book Ratio
Is Aerospace & Defense 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 AerSale Corp. If investors know AerSale 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 AerSale Corp 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 1.3 K | Earnings Share (0.02) | Revenue Per Share 6.547 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0041 |
The market value of AerSale Corp is measured differently than its book value, which is the value of AerSale that is recorded on the company's balance sheet. Investors also form their own opinion of AerSale Corp's value that differs from its market value or its book value, called intrinsic value, which is AerSale Corp'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 AerSale Corp's market value can be influenced by many factors that don't directly affect AerSale Corp'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 AerSale Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AerSale Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AerSale Corp'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.
AerSale Corp '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 AerSale Corp'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 AerSale Corp.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in AerSale Corp on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding AerSale Corp or generate 0.0% return on investment in AerSale Corp over 30 days. AerSale Corp is related to or competes with Grupo Aeroportuario, Grupo Aeroportuario, Corporacion America, Aeroports, Japan Airport, Aena SME, and Airports. AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, le... More
AerSale Corp 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 AerSale Corp'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 AerSale Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.0835 | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (5.14) | |||
| Potential Upside | 6.59 |
AerSale Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AerSale Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AerSale Corp's standard deviation. In reality, there are many statistical measures that can use AerSale Corp historical prices to predict the future AerSale Corp's volatility.| Risk Adjusted Performance | 0.1056 | |||
| Jensen Alpha | 0.1753 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.091 | |||
| Treynor Ratio | 0.2349 |
AerSale Corp Backtested Returns
AerSale Corp appears to be somewhat reliable, given 3 months investment horizon. AerSale Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AerSale Corp, which you can use to evaluate the volatility of the firm. Please makes use of AerSale Corp's Mean Deviation of 2.27, downside deviation of 2.81, and Risk Adjusted Performance of 0.1056 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AerSale Corp holds a performance score of 12. The firm shows a Beta (market volatility) of 1.63, 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, AerSale Corp will likely underperform. Please check AerSale Corp's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether AerSale Corp's price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
AerSale Corp has good predictability. Overlapping area represents the amount of predictability between AerSale Corp 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 AerSale Corp price movement. The serial correlation of 0.67 indicates that around 67.0% of current AerSale Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
AerSale Corp lagged returns against current returns
Autocorrelation, which is AerSale Corp 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 AerSale Corp's stock expected returns. We can calculate the autocorrelation of AerSale Corp returns to help us make a trade decision. For example, suppose you find that AerSale Corp 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 |
AerSale Corp 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 AerSale Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AerSale Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AerSale Corp stock over time.
Current vs Lagged Prices |
| Timeline |
AerSale Corp Lagged Returns
When evaluating AerSale Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AerSale Corp stock have on its future price. AerSale Corp 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, AerSale Corp autocorrelation shows the relationship between AerSale Corp stock current value and its past values and can show if there is a momentum factor associated with investing in AerSale Corp.
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 AerSale Corp is a strong investment it is important to analyze AerSale Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AerSale Corp's future performance. For an informed investment choice regarding AerSale Stock, refer to the following important reports:Check out AerSale Corp Correlation, AerSale Corp Volatility and AerSale Corp Alpha and Beta module to complement your research on AerSale Corp. For information on how to trade AerSale Stock refer to our How to Trade AerSale Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
AerSale Corp 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.