A10 Price Book Value Ratio from 2010 to 2024

ATEN Stock  USD 16.48  0.08  0.49%   
A10 Network Price Book Value Ratio yearly trend continues to be very stable with very little volatility. Price Book Value Ratio is likely to grow to 4.94 this year. During the period from 2010 to 2024, A10 Network Price Book Value Ratio quarterly data regression pattern had sample variance of  875.86 and median of  4.80. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
4.70158027
Current Value
4.94
Quarterly Volatility
29.59493002
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check A10 Network financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among A10 Network's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 65.5 K or Selling General Administrative of 23.6 M, as well as many indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0191 or PTB Ratio of 4.94. A10 financial statements analysis is a perfect complement when working with A10 Network Valuation or Volatility modules.
  
Check out the analysis of A10 Network Correlation against competitors.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.

Latest A10 Network's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of A10 Network over the last few years. It is A10 Network's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in A10 Network's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

A10 Price Book Value Ratio Regression Statistics

Arithmetic Mean(5.48)
Geometric Mean7.15
Coefficient Of Variation(539.91)
Mean Deviation15.77
Median4.80
Standard Deviation29.59
Sample Variance875.86
Range117
R-Value0.41
Mean Square Error787.20
R-Squared0.17
Significance0.13
Slope2.69
Total Sum of Squares12,262

A10 Price Book Value Ratio History

2024 4.94
2023 4.7
2022 6.94
2021 6.12
2020 6.61
2019 4.8
2018 4.37

About A10 Network Financial Statements

A10 Network investors utilize fundamental indicators, such as Price Book Value Ratio, to predict how A10 Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Price Book Value Ratio 4.70  4.94 

Pair Trading with A10 Network

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 A10 Network 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 A10 Network will appreciate offsetting losses from the drop in the long position's value.

Moving together with A10 Stock

  0.82S SentinelOnePairCorr

Moving against A10 Stock

  0.94VHAI VHAIPairCorr
  0.76VRAR Glimpse GroupPairCorr
  0.66MQ MarqetaPairCorr
  0.51VRNT Verint SystemsPairCorr
  0.43FAAS DigiAsia Corp Symbol ChangePairCorr
The ability to find closely correlated positions to A10 Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Network 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 A10 Network - 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 A10 Network to buy it.
The correlation of A10 Network 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 A10 Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Network 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 A10 Network 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 A10 Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of A10 Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of A10 Network Stock. Outlined below are crucial reports that will aid in making a well-informed decision on A10 Network Stock:
Check out the analysis of A10 Network Correlation against competitors.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Systems Software space 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 A10 Network. If investors know A10 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 A10 Network 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
0.958
Dividend Share
0.24
Earnings Share
0.66
Revenue Per Share
3.475
Quarterly Revenue Growth
0.155
The market value of A10 Network is measured differently than its book value, which is the value of A10 that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Network's value that differs from its market value or its book value, called intrinsic value, which is A10 Network'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 A10 Network's market value can be influenced by many factors that don't directly affect A10 Network'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 A10 Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if A10 Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Network'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.