Ati Physical Therapy Stock Market Value
| ATIP Stock | USD 1.82 0.31 20.53% |
| Symbol | ATI |
ATI Physical Therapy Price To Book Ratio
Is Health Care Equipment & Supplies 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 ATI Physical. If investors know ATI 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 ATI Physical 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 3.895 | Earnings Share (18.56) | Revenue Per Share 170.929 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0009 |
The market value of ATI Physical Therapy is measured differently than its book value, which is the value of ATI that is recorded on the company's balance sheet. Investors also form their own opinion of ATI Physical's value that differs from its market value or its book value, called intrinsic value, which is ATI Physical'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 ATI Physical's market value can be influenced by many factors that don't directly affect ATI Physical'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 ATI Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATI Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATI Physical'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.
ATI Physical '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 ATI Physical'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 ATI Physical.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in ATI Physical on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding ATI Physical Therapy or generate 0.0% return on investment in ATI Physical over 720 days. ATI Physical is related to or competes with Universal Health, Lifestance Health, Select Medical, Acadia Healthcare, Surgery Partners, Airsculpt Technologies, and Pennant. ATI Physical Therapy, Inc. operates as an outpatient physical therapy provider that specializes in outpatient rehabilita... More
ATI Physical 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 ATI Physical'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 ATI Physical Therapy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 46.63 | |||
| Value At Risk | (7.56) | |||
| Potential Upside | 3.91 |
ATI Physical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATI Physical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATI Physical's standard deviation. In reality, there are many statistical measures that can use ATI Physical historical prices to predict the future ATI Physical's volatility.| Risk Adjusted Performance | (0.23) | |||
| Jensen Alpha | (1.81) | |||
| Total Risk Alpha | (2.60) | |||
| Treynor Ratio | 4.73 |
ATI Physical Therapy Backtested Returns
ATI Physical Therapy secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of return volatility over the last 3 months. ATI Physical Therapy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATI Physical's Mean Deviation of 3.11, coefficient of variation of (317.45), and Risk Adjusted Performance of (0.23) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ATI Physical are expected to decrease at a much lower rate. During the bear market, ATI Physical is likely to outperform the market. At this point, ATI Physical Therapy has a negative expected return of -1.63%. Please make sure to confirm ATI Physical's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if ATI Physical Therapy performance from the past will be repeated in the future.
Auto-correlation | 0.42 |
Average predictability
ATI Physical Therapy has average predictability. Overlapping area represents the amount of predictability between ATI Physical time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 ATI Physical Therapy price movement. The serial correlation of 0.42 indicates that just about 42.0% of current ATI Physical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
ATI Physical Therapy lagged returns against current returns
Autocorrelation, which is ATI Physical 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 ATI Physical's stock expected returns. We can calculate the autocorrelation of ATI Physical returns to help us make a trade decision. For example, suppose you find that ATI Physical 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 |
ATI Physical 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 ATI Physical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATI Physical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATI Physical stock over time.
Current vs Lagged Prices |
| Timeline |
ATI Physical Lagged Returns
When evaluating ATI Physical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATI Physical stock have on its future price. ATI Physical 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, ATI Physical autocorrelation shows the relationship between ATI Physical stock current value and its past values and can show if there is a momentum factor associated with investing in ATI Physical Therapy.
Regressed Prices |
| Timeline |
Pair Trading with ATI Physical
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 ATI Physical 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 ATI Physical will appreciate offsetting losses from the drop in the long position's value.Moving together with ATI Stock
Moving against ATI Stock
| 0.9 | FOXO | FOXO Technologies | PairCorr |
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| 0.76 | DOCS | Doximity | PairCorr |
| 0.58 | ENOV | Enovis Corp | PairCorr |
| 0.46 | VMD | Viemed Healthcare | PairCorr |
The ability to find closely correlated positions to ATI Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATI Physical 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 ATI Physical - 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 ATI Physical Therapy to buy it.
The correlation of ATI Physical 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 ATI Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATI Physical Therapy 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 ATI Physical 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.Additional Tools for ATI Stock Analysis
When running ATI Physical's price analysis, check to measure ATI Physical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATI Physical is operating at the current time. Most of ATI Physical's value examination focuses on studying past and present price action to predict the probability of ATI Physical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATI Physical's price. Additionally, you may evaluate how the addition of ATI Physical to your portfolios can decrease your overall portfolio volatility.