Arthur J Gallagher Stock Market Value
| AJG Stock | USD 238.72 0.18 0.08% |
| Symbol | Arthur |
Arthur J Gallagher Price To Book Ratio
Is Arthur J's industry 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 Arthur J. If investors know Arthur 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 Arthur J 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 0.223 | Dividend Share 2.25 | Earnings Share 4.91 | Revenue Per Share 46.639 | Quarterly Revenue Growth 0.199 |
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.
Arthur J '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 Arthur J'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 Arthur J.
| 05/09/2023 |
| 05/03/2024 |
If you would invest 0.00 in Arthur J on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Arthur J Gallagher or generate 0.0% return on investment in Arthur J over 360 days. Arthur J is related to or competes with CorVel Corp, and Crawford. Gallagher Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, ... More
Arthur J 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 Arthur J'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 Arthur J Gallagher upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9737 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.08 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.51 |
Arthur J Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arthur J's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arthur J's standard deviation. In reality, there are many statistical measures that can use Arthur J historical prices to predict the future Arthur J's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | 0.0226 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1082 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arthur J'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.
Arthur J Gallagher Backtested Returns
We consider Arthur J very steady. Arthur J Gallagher secures Sharpe Ratio (or Efficiency) of 0.0267, which signifies that the company had a 0.0267% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arthur J Gallagher, which you can use to evaluate the volatility of the firm. Please confirm Arthur J's Downside Deviation of 0.9737, risk adjusted performance of 0.0376, and Mean Deviation of 0.7041 to double-check if the risk estimate we provide is consistent with the expected return of 0.024%. Arthur J has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arthur J's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arthur J is expected to be smaller as well. Arthur J Gallagher right now shows a risk of 0.9%. Please confirm Arthur J Gallagher expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Arthur J Gallagher will be following its price patterns.
Auto-correlation | 0.20 |
Weak predictability
Arthur J Gallagher has weak predictability. Overlapping area represents the amount of predictability between Arthur J time series from 9th of May 2023 to 5th of November 2023 and 5th of November 2023 to 3rd of May 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 Arthur J Gallagher price movement. The serial correlation of 0.2 indicates that over 20.0% of current Arthur J price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 76.16 |
Arthur J Gallagher lagged returns against current returns
Autocorrelation, which is Arthur J 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 Arthur J's stock expected returns. We can calculate the autocorrelation of Arthur J returns to help us make a trade decision. For example, suppose you find that Arthur J 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 |
Arthur J 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 Arthur J stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arthur J stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arthur J stock over time.
Current vs Lagged Prices |
| Timeline |
Arthur J Lagged Returns
When evaluating Arthur J's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arthur J stock have on its future price. Arthur J 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, Arthur J autocorrelation shows the relationship between Arthur J stock current value and its past values and can show if there is a momentum factor associated with investing in Arthur J Gallagher.
Regressed Prices |
| Timeline |
Arthur J Investors Sentiment
The influence of Arthur J's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Arthur. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Arthur J's public news can be used to forecast risks associated with an investment in Arthur. The trend in average sentiment can be used to explain how an investor holding Arthur can time the market purely based on public headlines and social activities around Arthur J Gallagher. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Arthur J's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Arthur J's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Arthur J's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Arthur J.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arthur J in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arthur J's short interest history, or implied volatility extrapolated from Arthur J options trading.
Pair Trading with Arthur J
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 Arthur J 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 Arthur J will appreciate offsetting losses from the drop in the long position's value.Moving together with Arthur Stock
| 0.7 | ERIE | Erie Indemnity | PairCorr |
| 0.7 | AON | Aon PLC Sell-off Trend | PairCorr |
Moving against Arthur Stock
| 0.41 | ALIZY | Allianz SE ADR | PairCorr |
The ability to find closely correlated positions to Arthur J could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arthur J 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 Arthur J - 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 Arthur J Gallagher to buy it.
The correlation of Arthur J 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 Arthur J moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arthur J Gallagher 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 Arthur J 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 Arthur J Correlation, Arthur J Volatility and Arthur J Alpha and Beta module to complement your research on Arthur J. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Arthur Stock analysis
When running Arthur J's price analysis, check to measure Arthur J'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 Arthur J is operating at the current time. Most of Arthur J's value examination focuses on studying past and present price action to predict the probability of Arthur J's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arthur J's price. Additionally, you may evaluate how the addition of Arthur J to your portfolios can decrease your overall portfolio volatility.
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Arthur J 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.