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AREN
Stock ticker: ASE
AS OF
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Price
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Capitalization
63.4M

AREN Arena Group Holdings (The) Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for AREN with price predictions
07:00 PM EST Nov 27, 2023

Momentum Indicator for AREN turns negative, indicating new downward trend

AREN saw its Momentum Indicator move below the 0 level on November 13, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 138 similar instances where the indicator turned negative. In of the 138 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for AREN turned negative on November 16, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 67 similar instances when the indicator turned negative. In of the 67 cases the stock turned lower in the days that followed. This puts the odds of success at .

AREN moved below its 50-day moving average on November 01, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AREN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AREN entered a downward trend on November 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for AREN's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AREN advanced for three days, in of 177 cases, the price rose further within the following month. The odds of a continued upward trend are .

AREN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (17.212). P/E Ratio (0.000) is within average values for comparable stocks, (46.421). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.680). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (0.235) is also within normal values, averaging (9.009).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AREN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. AREN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Baidu (NASDAQ:BIDU), Spotify Technology SA (NYSE:SPOT), Pinterest (NYSE:PINS), Snap (NYSE:SNAP), Tencent Music Entertainment Group (NYSE:TME), Twilio (NYSE:TWLO), Zillow Group (NASDAQ:Z).

Industry description

Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.

Market Cap

The average market capitalization across the Internet Software/Services Industry is 51.78B. The market cap for tickers in the group ranges from 1.11K to 1.72T. GOOGL holds the highest valuation in this group at 1.72T. The lowest valued company is MSEZ at 1.11K.

High and low price notable news

The average weekly price growth across all stocks in the Internet Software/Services Industry was 4%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was 5,002%. MNY experienced the highest price growth at 180%, while AREN experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Internet Software/Services Industry was 13%. For the same stocks of the Industry, the average monthly volume growth was -20% and the average quarterly volume growth was -21%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 42
P/E Growth Rating: 72
Price Growth Rating: 52
SMR Rating: 80
Profit Risk Rating: 91
Seasonality Score: 1 (-100 ... +100)
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A.I. Advisor
published Earnings

AREN is expected to report earnings to fall 130.21% to 14 cents per share on March 25

Arena Group Holdings (The) AREN Stock Earnings Reports
Q4'23
Est.
$0.14
Q3'23
Missed
by $0.22
Q2'23
Missed
by $0.21
Q1'23
Missed
by $0.43
Q4'22
Missed
by $0.20
The last earnings report on November 14 showed earnings per share of -47 cents, missing the estimate of -25 cents. With 156.61K shares outstanding, the current market capitalization sits at 63.40M.
A.I. Advisor
published General Information

General Information

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
N/A
Address
200 Vesey Street
Phone
+1 212 321-5002
Employees
364
Web
https://www.thearenagroup.net
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AREN and

Correlation & Price change

A.I.dvisor tells us that AREN and PINS have been poorly correlated (+24% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that AREN and PINS's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AREN
1D Price
Change %
AREN100%
-24.44%
PINS - AREN
24%
Poorly correlated
+0.53%
GRPN - AREN
22%
Poorly correlated
+2.54%
SNAP - AREN
22%
Poorly correlated
+1.26%
YNDX - AREN
21%
Poorly correlated
N/A
SEAT - AREN
21%
Poorly correlated
+1.51%
More

Groups containing AREN

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AREN
1D Price
Change %
AREN100%
-24.44%
Internet Software/Services
(undefined stocks)
16%
Poorly correlated
-0.29%