Aris Price Fair Value from 2010 to 2024
| ARMN Stock | 3.97 0.10 2.58% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 0.75284268 | Current Value 0.79 | Quarterly Volatility 0.81874061 |
Check Aris Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aris Mining's main balance sheet or income statement drivers, such as Other Operating Expenses of 355.8 M, Operating Income of 114.3 M or EBIT of 93.1 M, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0182 or PTB Ratio of 0.79. Aris financial statements analysis is a perfect complement when working with Aris Mining Valuation or Volatility modules.
Aris | Price Fair Value |
Latest Aris Mining's Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of Aris Mining over the last few years. It is Aris Mining's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aris Mining's overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
|
Price Fair Value |
| Timeline |
Aris Price Fair Value Regression Statistics
| Arithmetic Mean | 0.49 | |
| Coefficient Of Variation | 168.63 | |
| Mean Deviation | 0.57 | |
| Median | 0.33 | |
| Standard Deviation | 0.82 | |
| Sample Variance | 0.67 | |
| Range | 3.5631 | |
| R-Value | 0.61 | |
| Mean Square Error | 0.45 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | 0.11 | |
| Total Sum of Squares | 9.38 |
Aris Price Fair Value History
About Aris Mining Financial Statements
Aris Mining investors utilize fundamental indicators, such as Price Fair Value, to predict how Aris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 0.75 | 0.79 |
Pair Trading with Aris Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aris Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aris Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Aris Stock
| 0.76 | BAK | Braskem SA Class | PairCorr |
| 0.78 | DOW | Dow Inc Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.87 | EGO | Eldorado Gold Corp | PairCorr |
Moving against Aris Stock
| 0.75 | CENX | Century Aluminum | PairCorr |
| 0.65 | ZEUS | Olympic Steel | PairCorr |
| 0.61 | CF | CF Industries Holdings | PairCorr |
| 0.57 | CC | Chemours | PairCorr |
| 0.54 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
The ability to find closely correlated positions to Aris Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aris Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aris Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aris Mining to buy it.
The correlation of Aris Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aris Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aris Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aris Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Aris Mining Correlation against competitors. To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Metals & Mining 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 Aris Mining. If investors know Aris 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 Aris Mining 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 2.495 | Earnings Share (0.03) | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.157 | Return On Assets 0.0422 |
The market value of Aris Mining is measured differently than its book value, which is the value of Aris that is recorded on the company's balance sheet. Investors also form their own opinion of Aris Mining's value that differs from its market value or its book value, called intrinsic value, which is Aris Mining'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 Aris Mining's market value can be influenced by many factors that don't directly affect Aris Mining'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 Aris Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aris Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aris Mining'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.