Autohome Stock Market Value
| ATHM Stock | USD 27.51 0.48 1.78% |
| Symbol | Autohome |
Autohome Price To Book Ratio
Is Interactive Media & Services 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 Autohome. If investors know Autohome 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 Autohome 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 (0.24) | Dividend Share 8.155 | Earnings Share 2.14 | Revenue Per Share 59.124 | Quarterly Revenue Growth (0.07) |
The market value of Autohome is measured differently than its book value, which is the value of Autohome that is recorded on the company's balance sheet. Investors also form their own opinion of Autohome's value that differs from its market value or its book value, called intrinsic value, which is Autohome'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 Autohome's market value can be influenced by many factors that don't directly affect Autohome'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 Autohome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autohome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autohome'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.
Autohome '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 Autohome'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 Autohome.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Autohome on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Autohome or generate 0.0% return on investment in Autohome over 180 days. Autohome is related to or competes with MediaAlpha, Asset Entities, Shutterstock, Match, Snap, Onfolio Holdings, and ANGI Homeservices. Autohome Inc. operates as an online destination for automobile consumers in the Peoples Republic of China More
Autohome 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 Autohome'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 Autohome upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0284 | |||
| Maximum Drawdown | 11.76 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 3.42 |
Autohome Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Autohome's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autohome's standard deviation. In reality, there are many statistical measures that can use Autohome historical prices to predict the future Autohome's volatility.| Risk Adjusted Performance | 0.0741 | |||
| Jensen Alpha | 0.1773 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0304 | |||
| Treynor Ratio | 1.57 |
Autohome Backtested Returns
As of now, Autohome Stock is very steady. Autohome secures Sharpe Ratio (or Efficiency) of 0.083, which signifies that the company had a 0.083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Autohome, which you can use to evaluate the volatility of the firm. Please confirm Autohome's Risk Adjusted Performance of 0.0741, mean deviation of 1.76, and Downside Deviation of 2.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Autohome has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Autohome's returns are expected to increase less than the market. However, during the bear market, the loss of holding Autohome is expected to be smaller as well. Autohome right now shows a risk of 2.33%. Please confirm Autohome value at risk, as well as the relationship between the skewness and day median price , to decide if Autohome will be following its price patterns.
Auto-correlation | 0.39 |
Below average predictability
Autohome has below average predictability. Overlapping area represents the amount of predictability between Autohome time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Autohome price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Autohome price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 5.33 |
Autohome lagged returns against current returns
Autocorrelation, which is Autohome 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 Autohome's stock expected returns. We can calculate the autocorrelation of Autohome returns to help us make a trade decision. For example, suppose you find that Autohome 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 |
Autohome 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 Autohome stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autohome stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autohome stock over time.
Current vs Lagged Prices |
| Timeline |
Autohome Lagged Returns
When evaluating Autohome's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autohome stock have on its future price. Autohome 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, Autohome autocorrelation shows the relationship between Autohome stock current value and its past values and can show if there is a momentum factor associated with investing in Autohome.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Autohome Correlation, Autohome Volatility and Autohome Alpha and Beta module to complement your research on Autohome. To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Autohome 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.