Able View Global Stock Market Value
| ABLVW Stock | 0.02 0.01 24.53% |
| Symbol | Able |
Able View Global Price To Book Ratio
Is Advertising 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 Able View. If investors know Able 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 Able View 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 0.001 | Revenue Per Share | Quarterly Revenue Growth (0.20) | Return On Assets | Return On Equity |
The market value of Able View Global is measured differently than its book value, which is the value of Able that is recorded on the company's balance sheet. Investors also form their own opinion of Able View's value that differs from its market value or its book value, called intrinsic value, which is Able View'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 Able View's market value can be influenced by many factors that don't directly affect Able View'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 Able View's value and its price as these two are different measures arrived at by different means. Investors typically determine if Able View is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Able View'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.
Able View '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 Able View'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 Able View.
| 01/28/2024 |
| 01/22/2025 |
If you would invest 0.00 in Able View on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Able View Global or generate 0.0% return on investment in Able View over 360 days. Able View is related to or competes with NioCorp Developments, Hudson Technologies, Sphere Entertainment, GMS, Lithium Americas, Griffon, and Summit Materials. Able View is entity of United States. It is traded as Stock on NASDAQ exchange. More
Able View 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 Able View'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 Able View Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.69 | |||
| Information Ratio | 0.0969 | |||
| Maximum Drawdown | 203.2 | |||
| Value At Risk | (38.71) | |||
| Potential Upside | 68.92 |
Able View Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Able View's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Able View's standard deviation. In reality, there are many statistical measures that can use Able View historical prices to predict the future Able View's volatility.| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 3.28 | |||
| Total Risk Alpha | 2.17 | |||
| Sortino Ratio | 0.1144 | |||
| Treynor Ratio | (1.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Able View'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.
Able View Global Backtested Returns
Able View is out of control given 3 months investment horizon. Able View Global secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.28% are justified by taking the suggested risk. Use Able View Mean Deviation of 20.39, risk adjusted performance of 0.0924, and Downside Deviation of 27.69 to evaluate company specific risk that cannot be diversified away. Able View holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.13, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Able View are expected to decrease by larger amounts. On the other hand, during market turmoil, Able View is expected to outperform it. Use Able View treynor ratio, as well as the relationship between the expected short fall and day median price , to analyze future returns on Able View.
Auto-correlation | 0.38 |
Below average predictability
Able View Global has below average predictability. Overlapping area represents the amount of predictability between Able View time series from 28th of January 2024 to 26th of July 2024 and 26th of July 2024 to 22nd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Able View Global price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Able View price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Able View Global lagged returns against current returns
Autocorrelation, which is Able View 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 Able View's stock expected returns. We can calculate the autocorrelation of Able View returns to help us make a trade decision. For example, suppose you find that Able View 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 |
Able View 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 Able View stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Able View stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Able View stock over time.
Current vs Lagged Prices |
| Timeline |
Able View Lagged Returns
When evaluating Able View's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Able View stock have on its future price. Able View 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, Able View autocorrelation shows the relationship between Able View stock current value and its past values and can show if there is a momentum factor associated with investing in Able View Global.
Regressed Prices |
| Timeline |
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When running Able View's price analysis, check to measure Able View'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 Able View is operating at the current time. Most of Able View's value examination focuses on studying past and present price action to predict the probability of Able View's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Able View's price. Additionally, you may evaluate how the addition of Able View to your portfolios can decrease your overall portfolio volatility.