Atlas America Etf Market Value

USAF Etf   25.19  0.05  0.20%   
Atlas America's market value is the price at which a share of Atlas America trades on a public exchange. It measures the collective expectations of Atlas America investors about its performance. Atlas America is trading at 25.19 as of the 11th of December 2024. This is a 0.2 percent decrease since the beginning of the trading day. The etf's lowest day price was 25.18.
With this module, you can estimate the performance of a buy and hold strategy of Atlas America and determine expected loss or profit from investing in Atlas America over a given investment horizon. Check out Atlas America Correlation, Atlas America Volatility and Atlas America Alpha and Beta module to complement your research on Atlas America.
For more detail on how to invest in Atlas Etf please use our How to Invest in Atlas America guide.
Symbol

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.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Atlas America on November 11, 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 30 days. Atlas America is related to or competes with Vanguard Total, SPDR SP, IShares Core, Vanguard Total, Vanguard Value, Vanguard Growth, and Vanguard Mid. 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.

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.
Hype
Prediction
LowEstimatedHigh
24.9325.1925.45
Details
Intrinsic
Valuation
LowRealHigh
24.9325.1925.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.1625.2125.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlas America. Your research has to be compared to or analyzed against Atlas America's peers to derive any actionable benefits. When done correctly, Atlas America's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Atlas America.

Atlas America Backtested Returns

At this point, Atlas America is very steady. Atlas America secures Sharpe Ratio (or Efficiency) of 0.0623, which signifies that the etf had a 0.0623% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Atlas America, which you can use to evaluate the volatility of the entity. Please confirm Atlas America's Mean Deviation of 0.2034, standard deviation of 0.2697, and Risk Adjusted Performance of 0.0333 to double-check if the risk estimate we provide is consistent with the expected return of 0.0162%. The etf shows a Beta (market volatility) of 0.0124, 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

    
  0.71  

Good predictability

Atlas America has good predictability. Overlapping area represents the amount of predictability between Atlas America time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Atlas America price movement. The serial correlation of 0.71 indicates that around 71.0% of current Atlas America price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.0

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  

Currently Active Assets on Macroaxis

Other Information on Investing in Atlas Etf

Atlas America financial ratios help investors to determine whether Atlas Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Atlas with respect to the benefits of owning Atlas America security.