Ats Corporation Stock Market Value
| ATS Stock | 27.26 0.33 1.20% |
| Symbol | ATS |
ATS Corporation Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 ATS. If investors know ATS 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 ATS 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 (0.28) | Earnings Share 0.91 | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets |
The market value of ATS Corporation is measured differently than its book value, which is the value of ATS that is recorded on the company's balance sheet. Investors also form their own opinion of ATS's value that differs from its market value or its book value, called intrinsic value, which is ATS'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 ATS's market value can be influenced by many factors that don't directly affect ATS'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 ATS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATS'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.
ATS '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 ATS'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 ATS.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in ATS on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding ATS Corporation or generate 0.0% return on investment in ATS over 30 days. ATS is related to or competes with Park Electrochemical, Aldel Financial, Highway Holdings, East Africa, EastGroup Properties, Perseus Mining, and Dave Busters. ATS is entity of United States. It is traded as Stock on NYSE exchange. More
ATS 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 ATS'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 ATS Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 4.83 |
ATS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATS's standard deviation. In reality, there are many statistical measures that can use ATS historical prices to predict the future ATS's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATS'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.
ATS Corporation Backtested Returns
ATS Corporation secures Sharpe Ratio (or Efficiency) of -0.0522, which signifies that the company had a -0.0522 % return per unit of risk over the last 3 months. ATS Corporation exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATS's mean deviation of 1.89, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATS is expected to be smaller as well. At this point, ATS Corporation has a negative expected return of -0.13%. Please make sure to confirm ATS's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if ATS Corporation performance from the past will be repeated at future time.
Auto-correlation | -0.36 |
Poor reverse predictability
ATS Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between ATS time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATS Corporation price movement. The serial correlation of -0.36 indicates that just about 36.0% of current ATS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
ATS Corporation lagged returns against current returns
Autocorrelation, which is ATS 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 ATS's stock expected returns. We can calculate the autocorrelation of ATS returns to help us make a trade decision. For example, suppose you find that ATS 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 |
ATS 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 ATS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATS stock over time.
Current vs Lagged Prices |
| Timeline |
ATS Lagged Returns
When evaluating ATS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATS stock have on its future price. ATS 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, ATS autocorrelation shows the relationship between ATS stock current value and its past values and can show if there is a momentum factor associated with investing in ATS Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ATS Stock Analysis
When running ATS's price analysis, check to measure ATS'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 ATS is operating at the current time. Most of ATS's value examination focuses on studying past and present price action to predict the probability of ATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS's price. Additionally, you may evaluate how the addition of ATS to your portfolios can decrease your overall portfolio volatility.