Adtalem Global Education Stock Market Value
| ATGE Stock | USD 65.27 0.68 1.03% |
| Symbol | Adtalem |
Is Adtalem Global'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 Adtalem Global. If investors know Adtalem 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 Adtalem Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Adtalem Global Education is measured differently than its book value, which is the value of Adtalem that is recorded on the company's balance sheet. Investors also form their own opinion of Adtalem Global's value that differs from its market value or its book value, called intrinsic value, which is Adtalem Global'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 Adtalem Global's market value can be influenced by many factors that don't directly affect Adtalem Global'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 Adtalem Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adtalem Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adtalem Global'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.
Adtalem Global '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 Adtalem Global'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 Adtalem Global.
| 02/20/2024 |
| 05/20/2024 |
If you would invest 0.00 in Adtalem Global on February 20, 2024 and sell it all today you would earn a total of 0.00 from holding Adtalem Global Education or generate 0.0% return on investment in Adtalem Global over 90 days. Adtalem Global is related to or competes with Grand Canyon, Afya, Bright Scholar, Laureate Education, American Public, Strategic Education, and Lincoln Educational. Adtalem Global Education Inc. provides workforce solutions worldwide More
Adtalem Global 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 Adtalem Global'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 Adtalem Global Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.2016 | |||
| Maximum Drawdown | 15.69 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 3.72 |
Adtalem Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adtalem Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adtalem Global's standard deviation. In reality, there are many statistical measures that can use Adtalem Global historical prices to predict the future Adtalem Global's volatility.| Risk Adjusted Performance | 0.1504 | |||
| Jensen Alpha | 0.5167 | |||
| Total Risk Alpha | 0.2048 | |||
| Sortino Ratio | 0.3253 | |||
| Treynor Ratio | 1.07 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adtalem Global'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.
Adtalem Global Education Backtested Returns
Adtalem Global appears to be very steady, given 3 months investment horizon. Adtalem Global Education secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Adtalem Global's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Adtalem Global's Risk Adjusted Performance of 0.1504, mean deviation of 1.36, and Downside Deviation of 1.46 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adtalem Global holds a performance score of 19. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Adtalem Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adtalem Global is expected to be smaller as well. Please check Adtalem Global's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Adtalem Global's price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Adtalem Global Education has good predictability. Overlapping area represents the amount of predictability between Adtalem Global time series from 20th of February 2024 to 5th of April 2024 and 5th of April 2024 to 20th 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 Adtalem Global Education price movement. The serial correlation of 0.72 indicates that around 72.0% of current Adtalem Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 66.55 |
Adtalem Global Education lagged returns against current returns
Autocorrelation, which is Adtalem Global 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 Adtalem Global's stock expected returns. We can calculate the autocorrelation of Adtalem Global returns to help us make a trade decision. For example, suppose you find that Adtalem Global 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 |
Adtalem Global 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 Adtalem Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adtalem Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adtalem Global stock over time.
Current vs Lagged Prices |
| Timeline |
Adtalem Global Lagged Returns
When evaluating Adtalem Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adtalem Global stock have on its future price. Adtalem Global 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, Adtalem Global autocorrelation shows the relationship between Adtalem Global stock current value and its past values and can show if there is a momentum factor associated with investing in Adtalem Global Education.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Adtalem Global Education is a strong investment it is important to analyze Adtalem Global'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 Adtalem Global's future performance. For an informed investment choice regarding Adtalem Stock, refer to the following important reports:Check out Adtalem Global Correlation, Adtalem Global Volatility and Adtalem Global Alpha and Beta module to complement your research on Adtalem Global. Note that the Adtalem Global Education information on this page should be used as a complementary analysis to other Adtalem Global'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Adtalem Global's price analysis, check to measure Adtalem Global'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 Adtalem Global is operating at the current time. Most of Adtalem Global's value examination focuses on studying past and present price action to predict the probability of Adtalem Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adtalem Global's price. Additionally, you may evaluate how the addition of Adtalem Global to your portfolios can decrease your overall portfolio volatility.
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Adtalem Global 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.