Armstrong World Industries Stock Price on March 14, 2024
| AWI Stock | USD 114.88 3.97 3.34% |
Below is the normalized historical share price chart for Armstrong World Industries extending back to October 11, 2006. 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 Armstrong World stands at 114.88, as last reported on the 30th of April, with the highest price reaching 120.92 and the lowest price hitting 113.23 during the day.
If you're considering investing in Armstrong Stock, it is important to understand the factors that can impact its price. Armstrong World appears to be very steady, given 3 months investment horizon. Armstrong World Indu secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Armstrong World Industries, which you can use to evaluate the volatility of the firm. Please makes use of Armstrong World's Downside Deviation of 0.9908, risk adjusted performance of 0.1132, and Mean Deviation of 1.08 to double-check if our risk estimates are consistent with your expectations.
As of now, Armstrong World's Common Stock Shares Outstanding is decreasing as compared to previous years. The Armstrong World's current Liabilities And Stockholders Equity is estimated to increase to about 2.2 B, while Total Stockholder Equity is projected to decrease to under 501.5 M. . As of now, Armstrong World's Price Earnings To Growth Ratio is increasing as compared to previous years. The Armstrong World's current Price To Free Cash Flows Ratio is estimated to increase to 30.83, while Price To Operating Cash Flows Ratio is projected to decrease to 11.47. Armstrong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of October 2006 | 200 Day MA 92.4342 | 50 Day MA 119.7446 | Beta 1.107 |
Armstrong |
Sharpe Ratio = 0.1699
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Armstrong World is performing at about 13% 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 Armstrong World by adding it to a well-diversified portfolio.
Price Book 8.6751 | Enterprise Value Ebitda 13.4898 | Price Sales 3.9638 | Shares Float 43.3 M | Dividend Share 1.068 |
Armstrong World Main Headline on 14th of March 2024
Armstrong World Indu dividend paid on 14th of March 2024 |
Armstrong World Valuation on March 14, 2024
It is possible to determine the worth of Armstrong World on a given historical date. On March 14, 2024 Armstrong was worth 120.98 at the beginning of the trading date compared to the closed value of 121.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Armstrong World stock. Still, in general, we apply an absolute valuation method to find Armstrong World'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 Armstrong World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Armstrong World's related companies.
| Open | High | Low | Close | Volume | |
| 121.76 | 123.06 | 121.44 | 121.66 | 367,831 | |
03/14/2024 | 120.98 | 122.08 | 120.23 | 121.54 | 403,026 |
| 120.94 | 122.54 | 120.94 | 122.38 | 715,850 |
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Armstrong World Trading Date Momentum on March 14, 2024
| On March 15 2024 Armstrong World Industries was traded for 122.38 at the closing time. Highest Armstrong World's price during the trading hours was 122.54 and the lowest price during the day was 120.94 . The net volume was 715.9 K. The overall trading history on the 15th of March 2024 contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.69% . The overall trading delta to current price is 2.48% . |
Armstrong World Indu Fundamentals Correlations and Trends
By evaluating Armstrong World'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 Armstrong World's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Armstrong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Armstrong World Stock history
Armstrong World 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 Armstrong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Armstrong World Indu 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 Armstrong World stock prices may prove useful in developing a viable investing in Armstrong World
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.8 M | 51.7 M | |
| Net Income Applicable To Common Shares | 182.6 M | 144.7 M |
Armstrong World Quarterly Net Working Capital |
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Armstrong World Stock Technical Analysis
Armstrong World 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
Armstrong World Period Price Range
Low | March 14, 2024
| High |
120.98 | 121.54 |
Armstrong World April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Armstrong World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Armstrong World shares will generate the highest return on investment. By undertsting and applying Armstrong World stock market strength indicators, traders can identify Armstrong World Industries entry and exit signals to maximize returns
| Accumulation Distribution | 6107.45 | |||
| Daily Balance Of Power | 0.3027 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 121.16 | |||
| Day Typical Price | 121.28 | |||
| Price Action Indicator | 0.67 | |||
| Period Momentum Indicator | (6.66) | |||
| Relative Strength Index | 36.88 |
Armstrong World Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Armstrong World's price direction in advance. Along with the technical and fundamental analysis of Armstrong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Armstrong 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 | 0.1132 | |||
| Jensen Alpha | 0.2143 | |||
| Total Risk Alpha | 0.0689 | |||
| Sortino Ratio | 0.2195 | |||
| Treynor Ratio | 0.2851 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Armstrong Stock analysis
When running Armstrong World's price analysis, check to measure Armstrong World'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 Armstrong World is operating at the current time. Most of Armstrong World's value examination focuses on studying past and present price action to predict the probability of Armstrong World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armstrong World's price. Additionally, you may evaluate how the addition of Armstrong World to your portfolios can decrease your overall portfolio volatility.
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Is Armstrong World'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 Armstrong World. If investors know Armstrong 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 Armstrong World 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 (0.01) | Dividend Share 1.068 | Earnings Share 5 | Revenue Per Share 28.975 | Quarterly Revenue Growth 0.026 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.