Atec Inc Stock Performance
| ATCN Stock | USD 21.55 0.45 2.05% |
Atec has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0042, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atec is expected to be smaller as well. Atec Inc right now shows a risk of 0.33%. Please confirm Atec Inc maximum drawdown, and the relationship between the information ratio and rate of daily change , to decide if Atec Inc will be following its price patterns.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Atec Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy fundamental indicators, Atec is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Atec |
Atec Relative Risk vs. Return Landscape
If you would invest 2,100 in Atec Inc on September 1, 2024 and sell it today you would earn a total of 55.00 from holding Atec Inc or generate 2.62% return on investment over 90 days. Atec Inc is currently generating 0.0409% in daily expected returns and assumes 0.3274% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of pink sheets are less volatile than Atec, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Atec Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atec's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Atec Inc, and traders can use it to determine the average amount a Atec's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.125
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Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Atec is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atec by adding it to a well-diversified portfolio.
Atec Fundamentals Growth
Atec Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Atec, and Atec fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atec Pink Sheet performance.
About Atec Performance
By examining Atec's fundamental ratios, stakeholders can obtain critical insights into Atec's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Atec is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Atec, Inc. designs, manufactures, constructs, procures, and maintains harsh environment solutions for lower to medium volume requirements involving turbine engine test, aero support equipment, space flight components, and energy service products. The company was founded in 1953 and is based in Stafford, Texas. Atec operates under Aerospace Defense classification in the United States and is traded on OTC Exchange.Things to note about Atec Inc performance evaluation
Checking the ongoing alerts about Atec for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Atec Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Atec's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Atec's pink sheet performance include:- Analyzing Atec's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atec's stock is overvalued or undervalued compared to its peers.
- Examining Atec's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atec's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atec's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atec's pink sheet. These opinions can provide insight into Atec's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Atec Pink Sheet
Atec financial ratios help investors to determine whether Atec Pink Sheet 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 Atec with respect to the benefits of owning Atec security.