Aptargroup Stock Market Value
| ATR Stock | USD 172.50 0.99 0.58% |
| Symbol | AptarGroup |
AptarGroup Price To Book Ratio
Is Metal, Glass & Plastic Containers 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 AptarGroup. If investors know AptarGroup 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 AptarGroup 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 0.175 | Dividend Share 1.68 | Earnings Share 4.97 | Revenue Per Share 54.011 | Quarterly Revenue Growth 0.018 |
The market value of AptarGroup is measured differently than its book value, which is the value of AptarGroup that is recorded on the company's balance sheet. Investors also form their own opinion of AptarGroup's value that differs from its market value or its book value, called intrinsic value, which is AptarGroup'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 AptarGroup's market value can be influenced by many factors that don't directly affect AptarGroup'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 AptarGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if AptarGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AptarGroup'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.
AptarGroup '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 AptarGroup'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 AptarGroup.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in AptarGroup on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding AptarGroup or generate 0.0% return on investment in AptarGroup over 30 days. AptarGroup is related to or competes with Haemonetics, Merit Medical, AngioDynamics, Envista Holdings, Akoya Biosciences, AtriCure, and ICU Medical. AptarGroup, Inc. provides a range of dispensing, sealing, and material science solutions primarily for the beauty, perso... More
AptarGroup 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 AptarGroup'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 AptarGroup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0877 | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.47 |
AptarGroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AptarGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AptarGroup's standard deviation. In reality, there are many statistical measures that can use AptarGroup historical prices to predict the future AptarGroup's volatility.| Risk Adjusted Performance | 0.1654 | |||
| Jensen Alpha | 0.1359 | |||
| Total Risk Alpha | 0.0474 | |||
| Sortino Ratio | 0.076 | |||
| Treynor Ratio | 0.3333 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AptarGroup'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.
AptarGroup Backtested Returns
AptarGroup appears to be very steady, given 3 months investment horizon. AptarGroup secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AptarGroup, which you can use to evaluate the volatility of the firm. Please makes use of AptarGroup's Downside Deviation of 1.21, mean deviation of 0.7112, and Risk Adjusted Performance of 0.1654 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AptarGroup holds a performance score of 16. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AptarGroup's returns are expected to increase less than the market. However, during the bear market, the loss of holding AptarGroup is expected to be smaller as well. Please check AptarGroup's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether AptarGroup's price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
AptarGroup has insignificant reverse predictability. Overlapping area represents the amount of predictability between AptarGroup time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 AptarGroup price movement. The serial correlation of -0.14 indicates that less than 14.0% of current AptarGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 12.93 |
AptarGroup lagged returns against current returns
Autocorrelation, which is AptarGroup 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 AptarGroup's stock expected returns. We can calculate the autocorrelation of AptarGroup returns to help us make a trade decision. For example, suppose you find that AptarGroup 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 |
AptarGroup 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 AptarGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AptarGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AptarGroup stock over time.
Current vs Lagged Prices |
| Timeline |
AptarGroup Lagged Returns
When evaluating AptarGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AptarGroup stock have on its future price. AptarGroup 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, AptarGroup autocorrelation shows the relationship between AptarGroup stock current value and its past values and can show if there is a momentum factor associated with investing in AptarGroup.
Regressed Prices |
| Timeline |
Pair Trading with AptarGroup
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 AptarGroup 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 AptarGroup will appreciate offsetting losses from the drop in the long position's value.Moving against AptarGroup Stock
| 0.8 | EMMA | Emmaus Life Sciences | PairCorr |
| 0.79 | NEPH | Nephros | PairCorr |
| 0.74 | DYNT | Dynatronics | PairCorr |
| 0.74 | EGRX | Eagle Pharmaceuticals | PairCorr |
| 0.69 | OASMY | Oasmia Pharmaceutical | PairCorr |
The ability to find closely correlated positions to AptarGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AptarGroup 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 AptarGroup - 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 AptarGroup to buy it.
The correlation of AptarGroup 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 AptarGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AptarGroup 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 AptarGroup 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 AptarGroup Stock Analysis
When running AptarGroup's price analysis, check to measure AptarGroup'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 AptarGroup is operating at the current time. Most of AptarGroup's value examination focuses on studying past and present price action to predict the probability of AptarGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AptarGroup's price. Additionally, you may evaluate how the addition of AptarGroup to your portfolios can decrease your overall portfolio volatility.