Here Are 5 Construction Stocks to Explore on Increased Spending
AYI Stock | USD 307.56 5.96 1.98% |
Under 53% of Acuity Brands' traders are presently thinking to get in. The analysis of overall sentiment of trading Acuity Brands stock suggests that some investors are interested at this time. Acuity Brands' investing sentiment shows overall attitude of investors towards Acuity Brands.
Acuity |
Construction spending gains momentum in October 2024 due to optimism about Fed rate cuts and easing inflation.
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Acuity Brands Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Acuity Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Acuity Brands Maximum Pain Price Across January 17th 2025 Option Contracts
Acuity Brands' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Acuity Brands close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Acuity Brands' options.
Acuity Brands Fundamental Analysis
We analyze Acuity Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acuity Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acuity Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Acuity Brands is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Acuity Brands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Acuity Brands stock to make a market-neutral strategy. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics with similar companies.
Peers
Acuity Brands Related Equities
AEIS | Advanced Energy | 2.25 | ||||
HUBB | Hubbell | 2.23 | ||||
NVT | NVent Electric | 0.96 | ||||
KE | Kimball Electronics | 0.86 | ||||
ENR | Energizer Holdings | 0.12 | ||||
ENS | Enersys | 0.45 | ||||
PLPC | Preformed Line | 1.63 | ||||
ESP | Espey Mfg | 2.11 |
Complementary Tools for Acuity Stock analysis
When running Acuity Brands' price analysis, check to measure Acuity Brands' 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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