180 Degree Capital Stock Market Value
| TURN Stock | USD 3.79 0.02 0.52% |
| Symbol | 180 |
180 Degree Capital Price To Book Ratio
Is Asset Management & Custody Banks 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 180 Degree. If investors know 180 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 180 Degree 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 0.481 | Earnings Share (1.72) | Revenue Per Share 0.013 | Quarterly Revenue Growth 1.509 | Return On Assets (0.04) |
The market value of 180 Degree Capital is measured differently than its book value, which is the value of 180 that is recorded on the company's balance sheet. Investors also form their own opinion of 180 Degree's value that differs from its market value or its book value, called intrinsic value, which is 180 Degree'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 180 Degree's market value can be influenced by many factors that don't directly affect 180 Degree'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 180 Degree's value and its price as these two are different measures arrived at by different means. Investors typically determine if 180 Degree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 180 Degree'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.
180 Degree '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 180 Degree'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 180 Degree.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in 180 Degree on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding 180 Degree Capital or generate 0.0% return on investment in 180 Degree over 30 days. 180 Degree is related to or competes with Visa, AllianceBernstein, Deutsche Bank, and Dynex Capital. 180 Degree Capital Corp. is a is a publicly owned hedge fund sponsor More
180 Degree 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 180 Degree'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 180 Degree Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0584 | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 3.81 |
180 Degree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 180 Degree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 180 Degree's standard deviation. In reality, there are many statistical measures that can use 180 Degree historical prices to predict the future 180 Degree's volatility.| Risk Adjusted Performance | 0.0881 | |||
| Jensen Alpha | 0.1815 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0638 | |||
| Treynor Ratio | 1.15 |
180 Degree Capital Backtested Returns
180 Degree appears to be slightly risky, given 3 months investment horizon. 180 Degree Capital retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 180 Degree, which you can use to evaluate the volatility of the entity. Please makes use of 180 Degree's Standard Deviation of 1.83, market risk adjusted performance of 1.16, and Coefficient Of Variation of 883.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 180 Degree holds a performance score of 8. The firm owns a Beta (Systematic Risk) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 180 Degree's returns are expected to increase less than the market. However, during the bear market, the loss of holding 180 Degree is expected to be smaller as well. Please check 180 Degree's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether 180 Degree's current price history will revert.
Auto-correlation | 0.15 |
Insignificant predictability
180 Degree Capital has insignificant predictability. Overlapping area represents the amount of predictability between 180 Degree time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 180 Degree Capital price movement. The serial correlation of 0.15 indicates that less than 15.0% of current 180 Degree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
180 Degree Capital lagged returns against current returns
Autocorrelation, which is 180 Degree 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 180 Degree's stock expected returns. We can calculate the autocorrelation of 180 Degree returns to help us make a trade decision. For example, suppose you find that 180 Degree 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 |
180 Degree 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 180 Degree stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 180 Degree stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 180 Degree stock over time.
Current vs Lagged Prices |
| Timeline |
180 Degree Lagged Returns
When evaluating 180 Degree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 180 Degree stock have on its future price. 180 Degree 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, 180 Degree autocorrelation shows the relationship between 180 Degree stock current value and its past values and can show if there is a momentum factor associated with investing in 180 Degree Capital.
Regressed Prices |
| Timeline |
Pair Trading with 180 Degree
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 180 Degree 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 180 Degree will appreciate offsetting losses from the drop in the long position's value.Moving against 180 Stock
The ability to find closely correlated positions to 180 Degree could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 180 Degree 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 180 Degree - 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 180 Degree Capital to buy it.
The correlation of 180 Degree 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 180 Degree moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 180 Degree Capital 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 180 Degree 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 180 Degree Correlation, 180 Degree Volatility and 180 Degree Alpha and Beta module to complement your research on 180 Degree. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
180 Degree 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.