Atlantis Technology Group Stock Beta
Atlantis Technology Group fundamentals help investors to digest information that contributes to Atlantis Technology's financial success or failures. It also enables traders to predict the movement of Atlantis Stock. The fundamental analysis module provides a way to measure Atlantis Technology'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 Atlantis Technology stock.
Atlantis | Beta |
Atlantis Technology Group Company Beta Analysis
Atlantis Technology'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 Atlantis Technology Beta | 10.04 |
Most of Atlantis Technology'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, Atlantis Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Atlantis Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Atlantis Technology is extremely important. It helps to project a fair market value of Atlantis Stock properly, considering its historical fundamentals such as Beta. Since Atlantis Technology'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 Atlantis Technology'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 Atlantis Technology'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.
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In accordance with the recently published financial statements, Atlantis Technology Group has a Beta of 10.038. This is much higher than that of the Consumer Finance sector and notably higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Atlantis Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlantis Technology'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 Atlantis Technology could also be used in its relative valuation, which is a method of valuing Atlantis Technology by comparing valuation metrics of similar companies.Atlantis Technology is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atlantis Technology will likely underperform.
Atlantis Fundamentals
| Current Valuation | 2.02 M | ||||
| Net Income | (952.65 K) | ||||
| Cash Flow From Operations | (285.92 K) | ||||
| Beta | 10.04 | ||||
| Market Capitalization | 925.83 K | ||||
| Retained Earnings | (3.31 M) |
About Atlantis Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlantis Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlantis Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlantis Technology Group 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 Atlantis Technology
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 Atlantis Technology 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 Atlantis Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Atlantis Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantis Technology 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 Atlantis Technology - 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 Atlantis Technology Group to buy it.
The correlation of Atlantis Technology 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 Atlantis Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantis Technology 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 Atlantis Technology 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.Additional Tools for Atlantis Stock Analysis
When running Atlantis Technology's price analysis, check to measure Atlantis Technology'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 Atlantis Technology is operating at the current time. Most of Atlantis Technology's value examination focuses on studying past and present price action to predict the probability of Atlantis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantis Technology's price. Additionally, you may evaluate how the addition of Atlantis Technology to your portfolios can decrease your overall portfolio volatility.