A10 Network Stock Market Value
| ATEN Stock | USD 16.62 0.06 0.36% |
| Symbol | A10 |
A10 Network Price To Book Ratio
Is Systems Software 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 A10 Network. If investors know A10 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 A10 Network 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 0.958 | Dividend Share 0.24 | Earnings Share 0.66 | Revenue Per Share 3.475 | Quarterly Revenue Growth 0.155 |
The market value of A10 Network is measured differently than its book value, which is the value of A10 that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Network's value that differs from its market value or its book value, called intrinsic value, which is A10 Network'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 A10 Network's market value can be influenced by many factors that don't directly affect A10 Network'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 A10 Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if A10 Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Network'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.
A10 Network '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 A10 Network'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 A10 Network.
| 08/26/2024 |
| 11/24/2024 |
If you would invest 0.00 in A10 Network on August 26, 2024 and sell it all today you would earn a total of 0.00 from holding A10 Network or generate 0.0% return on investment in A10 Network over 90 days. A10 Network is related to or competes with Evertec, NetScout Systems, AvidXchange Holdings, CSG Systems, Secureworks Corp, Global Blue, and Verint Systems. A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries More
A10 Network 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 A10 Network'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 A10 Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.1717 | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.34 |
A10 Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for A10 Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A10 Network's standard deviation. In reality, there are many statistical measures that can use A10 Network historical prices to predict the future A10 Network's volatility.| Risk Adjusted Performance | 0.2124 | |||
| Jensen Alpha | 0.2243 | |||
| Total Risk Alpha | 0.1395 | |||
| Sortino Ratio | 0.1938 | |||
| Treynor Ratio | 0.3437 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of A10 Network's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
A10 Network Backtested Returns
A10 Network appears to be very steady, given 3 months investment horizon. A10 Network retains Efficiency (Sharpe Ratio) of 0.26, which signifies that the company had a 0.26% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for A10 Network, which you can use to evaluate the volatility of the entity. Please makes use of A10 Network's Coefficient Of Variation of 368.21, market risk adjusted performance of 0.3537, and Standard Deviation of 1.31 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, A10 Network holds a performance score of 20. The firm owns a Beta (Systematic Risk) of 1.01, which signifies a somewhat significant risk relative to the market. A10 Network returns are very sensitive to returns on the market. As the market goes up or down, A10 Network is expected to follow. Please check A10 Network's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether A10 Network's current price history will revert.
Auto-correlation | 0.83 |
Very good predictability
A10 Network has very good predictability. Overlapping area represents the amount of predictability between A10 Network time series from 26th of August 2024 to 10th of October 2024 and 10th of October 2024 to 24th 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 A10 Network price movement. The serial correlation of 0.83 indicates that around 83.0% of current A10 Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
A10 Network lagged returns against current returns
Autocorrelation, which is A10 Network 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 A10 Network's stock expected returns. We can calculate the autocorrelation of A10 Network returns to help us make a trade decision. For example, suppose you find that A10 Network 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 |
A10 Network 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 A10 Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A10 Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A10 Network stock over time.
Current vs Lagged Prices |
| Timeline |
A10 Network Lagged Returns
When evaluating A10 Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A10 Network stock have on its future price. A10 Network 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, A10 Network autocorrelation shows the relationship between A10 Network stock current value and its past values and can show if there is a momentum factor associated with investing in A10 Network.
Regressed Prices |
| Timeline |
Pair Trading with A10 Network
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 A10 Network 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 A10 Network will appreciate offsetting losses from the drop in the long position's value.Moving together with A10 Stock
Moving against A10 Stock
| 0.9 | VHAI | VHAI | PairCorr |
| 0.75 | VRAR | Glimpse Group | PairCorr |
| 0.68 | MQ | Marqeta | PairCorr |
| 0.51 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.47 | VRNT | Verint Systems | PairCorr |
The ability to find closely correlated positions to A10 Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Network 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 A10 Network - 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 A10 Network to buy it.
The correlation of A10 Network 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 A10 Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Network 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 A10 Network 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 A10 Network Correlation, A10 Network Volatility and A10 Network Alpha and Beta module to complement your research on A10 Network. To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
A10 Network 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.