Atai Life Sciences Stock Market Value
| ATAI Stock | USD 1.69 0.01 0.60% |
| Symbol | ATAI |
ATAI Life Sciences Price To Book Ratio
Is Biotechnology 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 ATAI Life. If investors know ATAI 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 ATAI Life 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 (0.97) | Earnings Share (0.80) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.54) | Return On Assets (0.25) |
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.
ATAI Life '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 ATAI Life'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 ATAI Life.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in ATAI Life on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding ATAI Life Sciences or generate 0.0% return on investment in ATAI Life over 30 days. ATAI Life is related to or competes with Mind Medicine, Seelos Therapeutics, GH Research, Cybin, Fortress Biotech, Bio Path, and Vaccinex. Atai Life Sciences N.V., through its subsidiary, ATAI Life Sciences AG, operates as a clinical-stage biopharmaceutical c... More
ATAI Life 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 ATAI Life'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 ATAI Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.24 | |||
| Information Ratio | 0.0725 | |||
| Maximum Drawdown | 25.61 | |||
| Value At Risk | (6.56) | |||
| Potential Upside | 11.01 |
ATAI Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATAI Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATAI Life's standard deviation. In reality, there are many statistical measures that can use ATAI Life historical prices to predict the future ATAI Life's volatility.| Risk Adjusted Performance | 0.0827 | |||
| Jensen Alpha | 0.1756 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0893 | |||
| Treynor Ratio | 0.1833 |
ATAI Life Sciences Backtested Returns
ATAI Life appears to be risky, given 3 months investment horizon. ATAI Life Sciences retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing ATAI Life's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of ATAI Life's coefficient of variation of 1029.89, and Market Risk Adjusted Performance of 0.1933 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATAI Life holds a performance score of 8. The firm owns a Beta (Systematic Risk) of 2.71, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ATAI Life will likely underperform. Please check ATAI Life's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to make a quick decision on whether ATAI Life's current price history will revert.
Auto-correlation | 0.29 |
Poor predictability
ATAI Life Sciences has poor predictability. Overlapping area represents the amount of predictability between ATAI Life time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 ATAI Life Sciences price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current ATAI Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ATAI Life Sciences lagged returns against current returns
Autocorrelation, which is ATAI Life 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 ATAI Life's stock expected returns. We can calculate the autocorrelation of ATAI Life returns to help us make a trade decision. For example, suppose you find that ATAI Life 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 |
ATAI Life 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 ATAI Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATAI Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATAI Life stock over time.
Current vs Lagged Prices |
| Timeline |
ATAI Life Lagged Returns
When evaluating ATAI Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATAI Life stock have on its future price. ATAI Life 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, ATAI Life autocorrelation shows the relationship between ATAI Life stock current value and its past values and can show if there is a momentum factor associated with investing in ATAI Life Sciences.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ATAI Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATAI Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atai Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atai Life Sciences Stock:Check out ATAI Life Correlation, ATAI Life Volatility and ATAI Life Alpha and Beta module to complement your research on ATAI Life. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
ATAI Life 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.