Atlantic American Stock Market Value
| AAME Stock | USD 1.63 0.04 2.52% |
| Symbol | Atlantic |
Atlantic American Price To Book Ratio
Is Multi-line Insurance 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 American. 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 American 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 (0.78) | Earnings Share (0.36) | Revenue Per Share 9.117 | Quarterly Revenue Growth (0.03) | Return On Assets (0) |
The market value of Atlantic American 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 American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American'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 American's market value can be influenced by many factors that don't directly affect Atlantic American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American'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.
Atlantic American 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Atlantic American's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Atlantic American.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Atlantic American on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Atlantic American or generate 0.0% return on investment in Atlantic American over 180 days. Atlantic American is related to or competes with CNO Financial, MetLife Preferred, FG Annuities, Prudential Public, AIA Group, AIA, and Ping An. Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance p... More
Atlantic American Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Atlantic American's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Atlantic American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.98 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 20.55 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 4.35 |
Atlantic American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlantic American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlantic American's standard deviation. In reality, there are many statistical measures that can use Atlantic American historical prices to predict the future Atlantic American's volatility.| Risk Adjusted Performance | 0.0379 | |||
| Jensen Alpha | 0.0783 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.2186 |
Atlantic American Backtested Returns
At this point, Atlantic American is dangerous. Atlantic American secures Sharpe Ratio (or Efficiency) of 0.026, which signifies that the company had a 0.026% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atlantic American, which you can use to evaluate the volatility of the firm. Please confirm Atlantic American's Downside Deviation of 3.98, mean deviation of 2.43, and Risk Adjusted Performance of 0.0379 to double-check if the risk estimate we provide is consistent with the expected return of 0.0916%. Atlantic American has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atlantic American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlantic American is expected to be smaller as well. Atlantic American right now shows a risk of 3.52%. Please confirm Atlantic American jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Atlantic American will be following its price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Atlantic American has virtually no predictability. Overlapping area represents the amount of predictability between Atlantic American time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Atlantic American price movement. The serial correlation of 0.03 indicates that only 3.0% of current Atlantic American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atlantic American lagged returns against current returns
Autocorrelation, which is Atlantic American stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Atlantic American's stock expected returns. We can calculate the autocorrelation of Atlantic American returns to help us make a trade decision. For example, suppose you find that Atlantic American has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Atlantic American regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Atlantic American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlantic American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlantic American stock over time.
Current vs Lagged Prices |
| Timeline |
Atlantic American Lagged Returns
When evaluating Atlantic American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlantic American stock have on its future price. Atlantic American autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Atlantic American autocorrelation shows the relationship between Atlantic American stock current value and its past values and can show if there is a momentum factor associated with investing in Atlantic American.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Atlantic American is a strong investment it is important to analyze Atlantic American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:Check out Atlantic American Correlation, Atlantic American Volatility and Atlantic American Alpha and Beta module to complement your research on Atlantic American. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Atlantic American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.