The Aes Stock Market Value

AES Stock  USD 17.93  0.68  3.94%   
AES's market value is the price at which a share of AES trades on a public exchange. It measures the collective expectations of The AES investors about its performance. AES is selling for under 17.93 as of the 29th of March 2024; that is 3.94 percent increase since the beginning of the trading day. The stock's lowest day price was 17.23.
With this module, you can estimate the performance of a buy and hold strategy of The AES and determine expected loss or profit from investing in AES over a given investment horizon. Check out AES Correlation, AES Volatility and AES Alpha and Beta module to complement your research on AES.
Symbol

AES Price To Book Ratio

Is AES'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 AES. If investors know AES 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 AES 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
(0.46)
Dividend Share
0.67
Earnings Share
0.34
Revenue Per Share
18.936
Quarterly Revenue Growth
(0.03)
The market value of AES is measured differently than its book value, which is the value of AES that is recorded on the company's balance sheet. Investors also form their own opinion of AES's value that differs from its market value or its book value, called intrinsic value, which is AES'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 AES's market value can be influenced by many factors that don't directly affect AES'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 AES's value and its price as these two are different measures arrived at by different means. Investors typically determine if AES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AES'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.

AES '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 AES'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 AES.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in AES on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding The AES or generate 0.0% return on investment in AES over 30 days. AES is related to or competes with Montauk Renewables, Companhia Paranaense, Allete, Avista, Brookfield Infrastructure, Companhia Energetica, and Companhia Paranaense. The AES Corporation operates as a diversified power generation and utility company More

AES 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 AES'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 The AES upside and downside potential and time the market with a certain degree of confidence.

AES Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AES's standard deviation. In reality, there are many statistical measures that can use AES historical prices to predict the future AES's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AES'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.
Hype
Prediction
LowEstimatedHigh
15.7017.9320.16
Details
Intrinsic
Valuation
LowRealHigh
15.2417.4719.70
Details
Naive
Forecast
LowNextHigh
16.0418.2720.50
Details
14 Analysts
Consensus
LowTargetHigh
20.5722.6025.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AES. Your research has to be compared to or analyzed against AES's peers to derive any actionable benefits. When done correctly, AES's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AES.

AES Backtested Returns

AES secures Sharpe Ratio (or Efficiency) of -0.0364, which signifies that the company had a -0.0364% return per unit of standard deviation over the last 3 months. The AES exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AES's Mean Deviation of 1.65, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,792) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.96, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AES will likely underperform. AES has an expected return of -0.082%. Please make sure to confirm AES jensen alpha, as well as the relationship between the skewness and day median price , to decide if AES performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.46  

Average predictability

The AES has average predictability. Overlapping area represents the amount of predictability between AES time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 AES price movement. The serial correlation of 0.46 indicates that about 46.0% of current AES price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.51
Residual Average0.0
Price Variance0.87

AES lagged returns against current returns

Autocorrelation, which is AES 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 AES's stock expected returns. We can calculate the autocorrelation of AES returns to help us make a trade decision. For example, suppose you find that AES 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  

AES 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 AES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AES stock over time.
   Current vs Lagged Prices   
       Timeline  

AES Lagged Returns

When evaluating AES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AES stock have on its future price. AES 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, AES autocorrelation shows the relationship between AES stock current value and its past values and can show if there is a momentum factor associated with investing in The AES.
   Regressed Prices   
       Timeline  

Pair Trading with AES

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 AES 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 AES will appreciate offsetting losses from the drop in the long position's value.

Moving together with AES Stock

  0.78MNTK Montauk Renewables Financial Report 8th of May 2024 PairCorr
  0.9ALE Allete Inc Financial Report 1st of May 2024 PairCorr
  0.72AVA Avista Financial Report 1st of May 2024 PairCorr

Moving against AES Stock

  0.77BIP-PA Brookfield InfrastructurePairCorr
  0.75BIP-PB Brookfield InfrastructurePairCorr
The ability to find closely correlated positions to AES could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AES 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 AES - 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 The AES to buy it.
The correlation of AES 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 AES moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AES 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 AES 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.
Pair CorrelationCorrelation Matching
When determining whether AES is a strong investment it is important to analyze AES's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AES's future performance. For an informed investment choice regarding AES Stock, refer to the following important reports:
Check out AES Correlation, AES Volatility and AES Alpha and Beta module to complement your research on AES.
Note that the AES information on this page should be used as a complementary analysis to other AES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for AES Stock analysis

When running AES's price analysis, check to measure AES'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 AES is operating at the current time. Most of AES's value examination focuses on studying past and present price action to predict the probability of AES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AES's price. Additionally, you may evaluate how the addition of AES to your portfolios can decrease your overall portfolio volatility.
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AES 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.
A focus of AES technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AES trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...