Aar Corp Stock Price on March 18, 2024
| AIR Stock | USD 70.99 1.16 1.66% |
Below is the normalized historical share price chart for AAR Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AAR Corp stands at 70.99, as last reported on the 2nd of June, with the highest price reaching 71.01 and the lowest price hitting 69.79 during the day.
If you're considering investing in AAR Stock, it is important to understand the factors that can impact its price. We consider AAR Corp very steady. AAR Corp secures Sharpe Ratio (or Efficiency) of 0.076, which signifies that the company had a 0.076% return per unit of risk over the last 3 months. We have found thirty technical indicators for AAR Corp, which you can use to evaluate the volatility of the entity. Please confirm AAR Corp's Mean Deviation of 1.05, semi deviation of 1.64, and Coefficient Of Variation of 1413.61 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
As of 06/02/2024, Total Stockholder Equity is likely to grow to about 1.3 B, while Common Stock Shares Outstanding is likely to drop slightly above 35.3 M. . At this time, AAR Corp's Price Earnings Ratio is relatively stable compared to the past year. As of 06/02/2024, Price Earnings To Growth Ratio is likely to grow to 1.38, while Price To Sales Ratio is likely to drop 0.73. AAR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of January 1988 | 200 Day MA 63.6178 | 50 Day MA 66.4056 | Beta 1.608 |
AAR |
Sharpe Ratio = 0.076
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| Cash | Small Risk | AIR | High Risk | Huge Risk |
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average AAR Corp is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AAR Corp by adding it to a well-diversified portfolio.
Price Book 1.8438 | Enterprise Value Ebitda 17.6752 | Price Sales 0.972 | Shares Float 33.1 M | Wall Street Target Price 81.25 |
Related Headline
Cadre Holdings Headline on 18th of March 2024
Acquisition by Quigley William G Iii of 7833 shares of Cadre... by news.google.com
Filed transaction by Cadre Holdings Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
AAR Corp Valuation on March 18, 2024
It is possible to determine the worth of AAR Corp on a given historical date. On March 18, 2024 AAR was worth 62.79 at the beginning of the trading date compared to the closed value of 62.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AAR Corp stock. Still, in general, we apply an absolute valuation method to find AAR Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AAR Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AAR Corp's related companies.
| Open | High | Low | Close | Volume | |
| 63.62 | 64.73 | 62.80 | 62.85 | 1,109,917 | |
03/18/2024 | 62.79 | 63.42 | 62.42 | 62.94 | 345,347 |
| 63.40 | 64.38 | 62.99 | 63.10 | 308,140 |
| Backtest AAR Corp | | | AAR Corp History | | | AAR Corp Valuation | Previous | Next |
AAR Corp Trading Date Momentum on March 18, 2024
| On March 19 2024 AAR Corp was traded for 63.10 at the closing time. Highest AAR Corp's price during the trading hours was 64.38 and the lowest price during the day was 62.99 . The net volume was 308.1 K. The overall trading history on the 19th of March contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.25% . The overall trading delta to current price is 4.39% . |
AAR Corp Fundamentals Correlations and Trends
By evaluating AAR Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AAR Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AAR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AAR Corp Stock history
AAR Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AAR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AAR Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AAR Corp stock prices may prove useful in developing a viable investing in AAR Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.4 M | 35.3 M | |
| Net Income Applicable To Common Shares | 103.7 M | 108.9 M |
AAR Corp Quarterly Net Working Capital |
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AAR Corp Stock Technical Analysis
AAR Corp 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.
Price Boundaries
AAR Corp Period Price Range
Low | March 18, 2024
| High |
62.79 | 62.94 |
AAR Corp June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how AAR Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AAR Corp shares will generate the highest return on investment. By undertsting and applying AAR Corp stock market strength indicators, traders can identify AAR Corp entry and exit signals to maximize returns
AAR Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AAR Corp's price direction in advance. Along with the technical and fundamental analysis of AAR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AAR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0499 | |||
| Jensen Alpha | 0.0665 | |||
| Total Risk Alpha | 0.0109 | |||
| Sortino Ratio | 0.0328 | |||
| Treynor Ratio | 0.1228 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for AAR Stock analysis
When running AAR Corp's price analysis, check to measure AAR Corp'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 AAR Corp is operating at the current time. Most of AAR Corp's value examination focuses on studying past and present price action to predict the probability of AAR Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAR Corp's price. Additionally, you may evaluate how the addition of AAR Corp to your portfolios can decrease your overall portfolio volatility.
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Is AAR Corp'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 AAR Corp. If investors know AAR 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 AAR Corp 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 (0.37) | Earnings Share 1.69 | Revenue Per Share 63.442 | Quarterly Revenue Growth 0.089 | Return On Assets 0.0538 |
The market value of AAR Corp is measured differently than its book value, which is the value of AAR that is recorded on the company's balance sheet. Investors also form their own opinion of AAR Corp's value that differs from its market value or its book value, called intrinsic value, which is AAR Corp'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 AAR Corp's market value can be influenced by many factors that don't directly affect AAR Corp'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 AAR Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAR Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAR Corp'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.