American International Group Stock Market Value

AIG Stock  USD 78.17  0.17  0.22%   
American International's market value is the price at which a share of American International trades on a public exchange. It measures the collective expectations of American International Group investors about its performance. American International is trading at 78.17 as of the 29th of March 2024. This is a -0.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 78.14.
With this module, you can estimate the performance of a buy and hold strategy of American International Group and determine expected loss or profit from investing in American International over a given investment horizon. Check out American International Correlation, American International Volatility and American International Alpha and Beta module to complement your research on American International.
Symbol

American International Price To Book Ratio

Is American International'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 American International. If investors know American 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 American International 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
(0.84)
Dividend Share
1.4
Earnings Share
4.98
Revenue Per Share
64.882
Quarterly Revenue Growth
(0.13)
The market value of American International is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American International's value that differs from its market value or its book value, called intrinsic value, which is American International'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 American International's market value can be influenced by many factors that don't directly affect American International'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 American International's value and its price as these two are different measures arrived at by different means. Investors typically determine if American International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American International'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.

American International '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 American International'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 American International.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in American International on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding American International Group or generate 0.0% return on investment in American International over 720 days. American International is related to or competes with Athene Holding, Athene Holding, Athene Holding, Athene Holding, Athene Holding, Enstar Group, and Fidelis Insurance. American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in ... More

American International 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 American International'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 American International Group upside and downside potential and time the market with a certain degree of confidence.

American International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for American International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American International's standard deviation. In reality, there are many statistical measures that can use American International historical prices to predict the future American International's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American International'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
77.1478.1779.20
Details
Intrinsic
Valuation
LowRealHigh
70.3588.8389.86
Details
Naive
Forecast
LowNextHigh
75.9977.0278.05
Details
21 Analysts
Consensus
LowTargetHigh
65.5872.0780.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as American International. Your research has to be compared to or analyzed against American International's peers to derive any actionable benefits. When done correctly, American International'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 American International.

American International Backtested Returns

American International appears to be very steady, given 3 months investment horizon. American International secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American International Group, which you can use to evaluate the volatility of the firm. Please makes use of American International's risk adjusted performance of 0.141, and Mean Deviation of 0.7823 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, American International holds a performance score of 16. The firm shows a Beta (market volatility) of 0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American International's returns are expected to increase less than the market. However, during the bear market, the loss of holding American International is expected to be smaller as well. Please check American International's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether American International's price patterns will revert.

Auto-correlation

    
  0.11  

Insignificant predictability

American International Group has insignificant predictability. Overlapping area represents the amount of predictability between American International time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 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 American International price movement. The serial correlation of 0.11 indicates that less than 11.0% of current American International price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test0.21
Residual Average0.0
Price Variance50.05

American International lagged returns against current returns

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

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

American International Lagged Returns

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

Pair Trading with American International

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

Moving together with American Stock

  0.81ATH-PD Athene HoldingPairCorr
  0.67ATH-PE Athene HoldingPairCorr
  0.7ATH-PB Athene HoldingPairCorr
  0.69ATH-PC Athene HoldingPairCorr

Moving against American Stock

  0.69MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
  0.59DHIL Diamond Hill InvestmentPairCorr
The ability to find closely correlated positions to American International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American International 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 American International - 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 American International Group to buy it.
The correlation of American International 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 American International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American International 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 American International 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 American International is a strong investment it is important to analyze American International'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 American International's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out American International Correlation, American International Volatility and American International Alpha and Beta module to complement your research on American International.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running American International's price analysis, check to measure American International'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 American International is operating at the current time. Most of American International's value examination focuses on studying past and present price action to predict the probability of American International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American International's price. Additionally, you may evaluate how the addition of American International to your portfolios can decrease your overall portfolio volatility.
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American International 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 American International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American International 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...