A10 Network Stock Beta
| ATEN Stock | USD 16.62 0.06 0.36% |
A10 Network fundamentals help investors to digest information that contributes to A10 Network's financial success or failures. It also enables traders to predict the movement of A10 Stock. The fundamental analysis module provides a way to measure A10 Network's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to A10 Network stock.
A10 | Beta |
A10 Network Company Beta Analysis
A10 Network's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current A10 Network Beta | 1.11 |
Most of A10 Network's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, A10 Network is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A10 Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for A10 Network is extremely important. It helps to project a fair market value of A10 Stock properly, considering its historical fundamentals such as Beta. Since A10 Network's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of A10 Network's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of A10 Network's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, A10 Network has a Beta of 1.11. This is 4.72% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
A10 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses A10 Network's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of A10 Network could also be used in its relative valuation, which is a method of valuing A10 Network by comparing valuation metrics of similar companies.A10 Network is currently under evaluation in beta category among its peers.
A10 Network ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, A10 Network's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to A10 Network's managers, analysts, and investors.Environmental | Governance | Social |
A10 Network Institutional Holders
Institutional Holdings refers to the ownership stake in A10 Network that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of A10 Network's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing A10 Network's value.| Shares | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 1.3 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 1.3 M | First Trust Advisors L.p. | 2024-06-30 | 1.2 M | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 1.2 M | Legal & General Group Plc | 2024-06-30 | 1.1 M | Royce & Associates, Lp | 2024-09-30 | 842.7 K | Assenagon Asset Management Sa | 2024-09-30 | 831.3 K | Goldman Sachs Group Inc | 2024-06-30 | 758.9 K | Northern Trust Corp | 2024-09-30 | 728.3 K | Blackrock Inc | 2024-06-30 | 12.7 M | Vanguard Group Inc | 2024-09-30 | 7.4 M |
A10 Network returns are very sensitive to returns on the market. As the market goes up or down, A10 Network is expected to follow.
A10 Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.0693 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 1.05 B | ||||
| Shares Outstanding | 73.8 M | ||||
| Shares Owned By Insiders | 0.60 % | ||||
| Shares Owned By Institutions | 92.84 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Earning | 35.47 X | ||||
| Price To Book | 5.65 X | ||||
| Price To Sales | 4.76 X | ||||
| Revenue | 251.7 M | ||||
| Gross Profit | 223.51 M | ||||
| EBITDA | 38.65 M | ||||
| Net Income | 39.97 M | ||||
| Cash And Equivalents | 127.77 M | ||||
| Cash Per Share | 1.74 X | ||||
| Total Debt | 16.82 M | ||||
| Debt To Equity | 0.14 % | ||||
| Current Ratio | 1.94 X | ||||
| Book Value Per Share | 2.94 X | ||||
| Cash Flow From Operations | 44.51 M | ||||
| Short Ratio | 3.63 X | ||||
| Earnings Per Share | 0.66 X | ||||
| Price To Earnings To Growth | (10.86) X | ||||
| Target Price | 20.0 | ||||
| Number Of Employees | 525 | ||||
| Beta | 1.11 | ||||
| Market Capitalization | 1.23 B | ||||
| Total Asset | 389.81 M | ||||
| Retained Earnings | (90.48 M) | ||||
| Working Capital | 160.75 M | ||||
| Current Asset | 179.25 M | ||||
| Current Liabilities | 87.84 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 389.81 M | ||||
| Last Dividend Paid | 0.24 |
About A10 Network Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze A10 Network's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A10 Network using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A10 Network based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Moving against A10 Stock
| 0.9 | VHAI | VHAI | PairCorr |
| 0.75 | VRAR | Glimpse Group | PairCorr |
| 0.68 | MQ | Marqeta | PairCorr |
| 0.51 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.47 | VRNT | Verint Systems | PairCorr |
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.Check out A10 Network Piotroski F Score and A10 Network Altman Z Score analysis. To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.