Atmos Historical Valuation
| ATO Stock | USD 151.43 1.10 0.73% |
Some fundamental drivers such as market cap or Atmos Energy enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Atmos Energy valuation indicators such as Working Capital of 0.0 or Enterprise Value of 597.3 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Atmos Energy's future value.
Atmos |
About Atmos Valuation Data Analysis
Valuation is the financial process of determining what Atmos Energy is worth. Atmos Energy valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Atmos Energy valuation ratios help investors to determine whether Atmos Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Atmos with respect to the benefits of owning Atmos Energy security.
Atmos Energy Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Atmos Energy theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Atmos Energy debt, but would also pocket its cash. Enterprise Value is more accurate representation of Atmos Energy value than its market capitalization because it takes into account all of Atmos Energy existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Atmos Energy
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 Atmos Energy 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 Atmos Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Atmos Stock
| 0.93 | NI | NiSource | PairCorr |
| 0.62 | SR | Spire Inc | PairCorr |
| 0.81 | BKH | Black Hills | PairCorr |
| 0.82 | CPK | Chesapeake Utilities | PairCorr |
Moving against Atmos Stock
| 0.6 | NFE | New Fortress Energy | PairCorr |
| 0.58 | ES | Eversource Energy | PairCorr |
| 0.5 | FE | FirstEnergy | PairCorr |
| 0.31 | HE | Hawaiian Electric | PairCorr |
The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy 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 Atmos Energy - 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 Atmos Energy to buy it.
The correlation of Atmos Energy 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 Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy 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 Atmos Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmos Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Gas Utilities 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 Atmos Energy. If investors know Atmos 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 Atmos Energy 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 0.148 | Earnings Share 6.83 | Revenue Per Share 27.161 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0358 |
The market value of Atmos Energy is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy'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 Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy'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 Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atmos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy'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.