Atlas America Etf Market Value
| USAF Etf | 26.80 0.08 0.30% |
| Symbol | Atlas |
The market value of Atlas America is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas America's value that differs from its market value or its book value, called intrinsic value, which is Atlas America'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 Atlas America's market value can be influenced by many factors that don't directly affect Atlas America'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 Atlas America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas America'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.
Atlas America '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 Atlas America's etf 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 Atlas America.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Atlas America on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Atlas America or generate 0.0% return on investment in Atlas America over 570 days. Atlas America is related to or competes with MFS Active, First Trust, Vanguard Intermediate, Vanguard Long, Vanguard Short, and IDX Dynamic. Atlas America is entity of United States More
Atlas America 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 Atlas America's etf 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 Atlas America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.3 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.5464 |
Atlas America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlas America's standard deviation. In reality, there are many statistical measures that can use Atlas America historical prices to predict the future Atlas America's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.14) |
Atlas America Backtested Returns
Atlas America secures Sharpe Ratio (or Efficiency) of -0.0519, which signifies that the etf had a -0.0519 % return per unit of risk over the last 3 months. Atlas America exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas America's Mean Deviation of 0.3191, risk adjusted performance of (0.03), and Standard Deviation of 0.4755 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atlas America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlas America is expected to be smaller as well.
Auto-correlation | 0.65 |
Good predictability
Atlas America has good predictability. Overlapping area represents the amount of predictability between Atlas America time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Atlas America price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Atlas America price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Atlas America lagged returns against current returns
Autocorrelation, which is Atlas America etf'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 Atlas America's etf expected returns. We can calculate the autocorrelation of Atlas America returns to help us make a trade decision. For example, suppose you find that Atlas America has exhibited high autocorrelation historically, and you observe that the etf 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 |
Atlas America 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 Atlas America etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlas America etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlas America etf over time.
Current vs Lagged Prices |
| Timeline |
Atlas America Lagged Returns
When evaluating Atlas America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlas America etf have on its future price. Atlas America 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, Atlas America autocorrelation shows the relationship between Atlas America etf current value and its past values and can show if there is a momentum factor associated with investing in Atlas America.
Regressed Prices |
| Timeline |
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Check out Atlas America Correlation, Atlas America Volatility and Atlas America Alpha and Beta module to complement your research on Atlas America. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Atlas America technical etf 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, etf market cycles, or different charting patterns.