Atlantic International Corp Stock Beta
| ATLN Stock | 5.83 0.09 1.57% |
Atlantic International Corp fundamentals help investors to digest information that contributes to Atlantic International's financial success or failures. It also enables traders to predict the movement of Atlantic Stock. The fundamental analysis module provides a way to measure Atlantic International'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 Atlantic International stock.
Atlantic | Beta |
Atlantic International Corp Company Beta Analysis
Atlantic International'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.
Atlantic Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Atlantic International is extremely important. It helps to project a fair market value of Atlantic Stock properly, considering its historical fundamentals such as Beta. Since Atlantic International'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 Atlantic International'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 Atlantic International's interrelated accounts and indicators.
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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, Atlantic International Corp has a Beta of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Staffing & Employment Services (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Atlantic Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlantic International'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 Atlantic International could also be used in its relative valuation, which is a method of valuing Atlantic International by comparing valuation metrics of similar companies.Atlantic International is currently under evaluation in beta category among its peers.
Atlantic Fundamentals
| EBITDA | (5.39 M) | ||||
| Net Income | (5.63 M) | ||||
| Total Debt | 2.93 M | ||||
| Cash Flow From Operations | (5 M) | ||||
| Total Asset | 4.44 M | ||||
| Retained Earnings | (24.14 M) | ||||
| Working Capital | 198.54 K | ||||
| Net Asset | 4.44 M |
About Atlantic International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlantic International Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlantic International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlantic International Corp 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 Atlantic International
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 Atlantic International 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 Atlantic International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Atlantic International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantic International 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 Atlantic International - 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 Atlantic International Corp to buy it.
The correlation of Atlantic International 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 Atlantic International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantic International 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 Atlantic International 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 Atlantic International Piotroski F Score and Atlantic International Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Business Services 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 Atlantic International. If investors know Atlantic 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 Atlantic International 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 Atlantic International is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic International's value that differs from its market value or its book value, called intrinsic value, which is Atlantic International'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 Atlantic International's market value can be influenced by many factors that don't directly affect Atlantic International'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 Atlantic International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic International'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.