Agape Atp Stock Market Value
| ATPC Stock | 1.55 0.01 0.64% |
| Symbol | Agape |
Agape ATP Price To Book Ratio
Is Health Care Providers & Services 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 Agape ATP. If investors know Agape 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 Agape ATP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.73) | Revenue Per Share 0.36 | Quarterly Revenue Growth 0.03 | Return On Assets (0.51) | Return On Equity (1.22) |
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP'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 Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP'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 Agape ATP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agape ATP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agape ATP'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.
Agape ATP '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 Agape ATP'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 Agape ATP.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Agape ATP on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Agape ATP or generate 0.0% return on investment in Agape ATP over 30 days. Agape ATP is related to or competes with ELF Beauty, Newell Brands, Virgin Group, Estee Lauder, Honest, Procter Gamble, and Coty. Agape ATP is entity of United States. It is traded as Stock on NASDAQ exchange. More
Agape ATP 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 Agape ATP'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 Agape ATP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 95.45 | |||
| Value At Risk | (8.89) | |||
| Potential Upside | 20.69 |
Agape ATP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agape ATP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agape ATP's standard deviation. In reality, there are many statistical measures that can use Agape ATP historical prices to predict the future Agape ATP's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | (0.01) |
Agape ATP Backtested Returns
Agape ATP secures Sharpe Ratio (or Efficiency) of -0.051, which signifies that the company had a -0.051% return per unit of standard deviation over the last 3 months. Agape ATP exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Agape ATP's risk adjusted performance of 0.0074, and Mean Deviation of 6.24 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.34, 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, Agape ATP will likely underperform. At this point, Agape ATP has a negative expected return of -0.42%. Please make sure to confirm Agape ATP's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Agape ATP performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Agape ATP has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Agape ATP time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Agape ATP price movement. The serial correlation of -0.74 indicates that around 74.0% of current Agape ATP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Agape ATP lagged returns against current returns
Autocorrelation, which is Agape ATP 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 Agape ATP's stock expected returns. We can calculate the autocorrelation of Agape ATP returns to help us make a trade decision. For example, suppose you find that Agape ATP 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 |
Agape ATP 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 Agape ATP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agape ATP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agape ATP stock over time.
Current vs Lagged Prices |
| Timeline |
Agape ATP Lagged Returns
When evaluating Agape ATP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agape ATP stock have on its future price. Agape ATP 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, Agape ATP autocorrelation shows the relationship between Agape ATP stock current value and its past values and can show if there is a momentum factor associated with investing in Agape ATP.
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 Agape ATP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agape ATP'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 Agape Atp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agape Atp Stock:Check out Agape ATP Correlation, Agape ATP Volatility and Agape ATP Alpha and Beta module to complement your research on Agape ATP. For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Agape ATP 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.