ATS Common Stock Shares Outstanding vs Net Receivables Analysis

ATS Stock   42.41  2.41  5.38%   
ATS P financial indicator trend analysis is way more than just evaluating ATS P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATS P is a good investment. Please check the relationship between ATS P Common Stock Shares Outstanding and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATS P Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between ATS P's Common Stock Shares Outstanding and Net Receivables is 0.35. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ATS P, assuming nothing else is changed. The correlation between historical values of ATS P's Common Stock Shares Outstanding and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of ATS P are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock Shares Outstanding i.e., ATS P's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Receivables

Most indicators from ATS P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATS P current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 27th of November 2024, Enterprise Value is likely to grow to about 5.9 B, while Selling General Administrative is likely to drop about 225.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue2.2B2.6B3.0B3.2B
Depreciation And Amortization115.4M125.5M141.2M148.2M

ATS P fundamental ratios Correlations

0.980.270.990.970.960.950.980.990.21.0-0.720.20.990.380.980.980.4-0.430.990.990.940.970.990.98-0.64
0.980.260.970.910.950.980.970.980.160.99-0.670.160.960.291.00.970.4-0.470.990.960.930.950.990.98-0.55
0.270.260.310.240.380.290.220.3-0.160.26-0.24-0.150.220.210.240.310.960.080.270.270.240.290.220.27-0.21
0.990.970.310.930.970.960.961.00.130.99-0.660.140.970.380.970.980.44-0.490.990.970.940.990.980.98-0.62
0.970.910.240.930.910.870.940.930.250.95-0.80.250.970.450.910.930.36-0.270.930.980.90.920.940.93-0.68
0.960.950.380.970.910.950.950.970.040.96-0.720.040.960.290.950.970.49-0.430.960.950.920.950.940.95-0.53
0.950.980.290.960.870.950.950.96-0.030.97-0.7-0.030.950.190.970.980.43-0.430.970.920.910.950.960.98-0.43
0.980.970.220.960.940.950.950.960.140.97-0.770.140.970.210.960.980.37-0.410.970.970.950.960.970.96-0.51
0.990.980.31.00.930.970.960.960.150.99-0.650.150.970.380.980.980.43-0.50.990.970.930.980.980.98-0.62
0.20.16-0.160.130.250.04-0.030.140.150.160.161.00.130.520.20.02-0.14-0.320.170.260.160.10.210.05-0.67
1.00.990.260.990.950.960.970.970.990.16-0.690.160.980.360.990.980.39-0.471.00.980.950.981.00.99-0.61
-0.72-0.67-0.24-0.66-0.8-0.72-0.7-0.77-0.650.16-0.690.16-0.78-0.04-0.64-0.76-0.38-0.22-0.65-0.74-0.65-0.67-0.67-0.730.21
0.20.16-0.150.140.250.04-0.030.140.151.00.160.160.130.520.20.02-0.14-0.310.170.260.160.10.210.05-0.67
0.990.960.220.970.970.960.950.970.970.130.98-0.780.130.350.960.980.36-0.360.970.990.940.960.970.98-0.58
0.380.290.210.380.450.290.190.210.380.520.36-0.040.520.350.310.250.19-0.220.340.420.30.330.360.31-0.88
0.981.00.240.970.910.950.970.960.980.20.99-0.640.20.960.310.960.38-0.511.00.960.930.960.990.98-0.58
0.980.970.310.980.930.970.980.980.980.020.98-0.760.020.980.250.960.44-0.380.980.960.920.980.970.99-0.51
0.40.40.960.440.360.490.430.370.43-0.140.39-0.38-0.140.360.190.380.440.010.40.40.410.410.350.4-0.22
-0.43-0.470.08-0.49-0.27-0.43-0.43-0.41-0.5-0.32-0.47-0.22-0.31-0.36-0.22-0.51-0.380.01-0.5-0.37-0.56-0.49-0.49-0.40.39
0.990.990.270.990.930.960.970.970.990.171.0-0.650.170.970.341.00.980.4-0.50.970.940.970.990.98-0.6
0.990.960.270.970.980.950.920.970.970.260.98-0.740.260.990.420.960.960.4-0.370.970.930.950.970.96-0.67
0.940.930.240.940.90.920.910.950.930.160.95-0.650.160.940.30.930.920.41-0.560.940.930.940.940.92-0.54
0.970.950.290.990.920.950.950.960.980.10.98-0.670.10.960.330.960.980.41-0.490.970.950.940.970.97-0.58
0.990.990.220.980.940.940.960.970.980.211.0-0.670.210.970.360.990.970.35-0.490.990.970.940.970.98-0.62
0.980.980.270.980.930.950.980.960.980.050.99-0.730.050.980.310.980.990.4-0.40.980.960.920.970.98-0.54
-0.64-0.55-0.21-0.62-0.68-0.53-0.43-0.51-0.62-0.67-0.610.21-0.67-0.58-0.88-0.58-0.51-0.220.39-0.6-0.67-0.54-0.58-0.62-0.54
Click cells to compare fundamentals

ATS P Account Relationship Matchups

ATS P fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B3.1B3.5B4.1B4.3B
Short Long Term Debt Total665.6M504.8M1.1B1.3B1.3B1.4B
Other Current Liab35.2M62.0M73.4M69.5M80.7M58.7M
Total Current Liabilities462.7M663.9M845.0M1.0B1.0B1.1B
Total Stockholder Equity868.2M895.3M981.6M1.1B1.7B1.8B
Property Plant And Equipment Net197.4M263.7M303.4M357.3M402.6M422.8M
Net Debt306.9M317.3M966.0M1.1B1.1B1.2B
Retained Earnings242.1M297.8M416.8M530.7M724.5M760.7M
Accounts Payable289.3M367.3M501.5M647.6M604.5M634.7M
Cash358.6M187.5M135.3M159.9M170.2M120.6M
Non Current Assets Total1.1B1.3B1.9B2.1B2.3B2.5B
Non Currrent Assets Other64.6M53.2M627K25K(661.1M)(628.1M)
Cash And Short Term Investments358.6M187.5M135.3M159.9M170.2M121.8M
Net Receivables526.4M567.0M744.8M955.7M1.2B1.2B
Common Stock Shares Outstanding92.5M92.4M92.6M92.2M98.6M82.3M
Liabilities And Stockholders Equity2.1B2.2B3.1B3.5B4.1B4.3B
Non Current Liabilities Total766.3M619.5M1.2B1.4B1.4B1.4B
Inventory68.4M135.0M207.9M256.9M295.9M310.7M
Other Current Assets31.1M37.8M58.5M79.5M98.2M55.9M
Other Stockholder Equity(764.0M)(824.3M)(947.0M)(1.1B)26.1M35.5M
Total Liab1.2B1.3B2.1B2.4B2.4B2.5B
Total Current Assets984.6M927.2M1.1B1.5B1.8B1.8B
Accumulated Other Comprehensive Income92.6M59.8M22.8M60.0M64.2M67.4M
Short Term Debt20.4M16.4M21.8M29.9M31.8M33.4M
Current Deferred Revenue117.8M218.3M248.3M296.6M312.2M327.8M
Good Will608.2M671.1M1.0B1.1B1.2B1.3B
Intangible Assets220.2M264.7M568.2M593.2M679.5M713.5M
Common Stock521.9M526.4M530.2M520.6M865.9M606.7M
Other Assets22.9M17.0M26.6M23.0M26.5M15.8M
Long Term Debt598.0M430.6M1.0B1.2B1.3B1.4B
Long Term Debt Total645.2M488.4M1.1B1.2B1.4B1.5B
Capital Surpluse11.7M11.2M11.7M15.5M17.8M13.7M
Cash And Equivalents358.6M187.5M135.3M159.9M143.9M192.3M
Property Plant Equipment197.4M263.7M303.4M357.3M410.9M215.9M

Pair Trading with ATS P

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 ATS P 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 ATS P will appreciate offsetting losses from the drop in the long position's value.

Moving together with ATS Stock

  0.87CTF-UN Citadel IncomePairCorr
  0.77NVDA NVIDIA CDRPairCorr

Moving against ATS Stock

  0.59DELX DelphX Capital Markets Earnings Call TodayPairCorr
The ability to find closely correlated positions to ATS P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATS P 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 ATS P - 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 ATS P to buy it.
The correlation of ATS P 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 ATS P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATS P 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 ATS P 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

Other Information on Investing in ATS Stock

Balance Sheet is a snapshot of the financial position of ATS P at a specified time, usually calculated after every quarter, six months, or one year. ATS P Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ATS P and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ATS currently owns. An asset can also be divided into two categories, current and non-current.