Atmus Filtration Technologies Stock Alpha and Beta Analysis
| ATMU Stock | 44.50 0.73 1.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Atmus Filtration Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Atmus Filtration over a specified time horizon. Remember, high Atmus Filtration's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Atmus Filtration's market risk premium analysis include:
Beta 1.38 | Alpha 0.28 | Risk 1.98 | Sharpe Ratio 0.22 | Expected Return 0.43 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Atmus |
Atmus Filtration Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Atmus Filtration market risk premium is the additional return an investor will receive from holding Atmus Filtration long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Atmus Filtration. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Atmus Filtration's performance over market.| α | 0.28 | β | 1.38 |
Atmus Filtration expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Atmus Filtration's Buy-and-hold return. Our buy-and-hold chart shows how Atmus Filtration performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Atmus Filtration Market Price Analysis
Market price analysis indicators help investors to evaluate how Atmus Filtration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atmus Filtration shares will generate the highest return on investment. By understating and applying Atmus Filtration stock market price indicators, traders can identify Atmus Filtration position entry and exit signals to maximize returns.
Atmus Filtration Return and Market Media
The median price of Atmus Filtration for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 38.38 with a coefficient of variation of 8.24. The daily time series for the period is distributed with a sample standard deviation of 3.15, arithmetic mean of 38.2, and mean deviation of 2.54. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Atmos Filtration Tech stock soars to all-time high of 35.78 - Investing.com | 08/30/2024 |
2 | Disposition of tradable shares by Charles Masters of Atmus Filtration at 37.96 subject to Rule 16b-3 | 10/03/2024 |
3 | Insider Trading | 10/07/2024 |
4 | An Intrinsic Calculation For Atmus Filtration Technologies Inc. Suggests Its 28 percent Undervalued | 11/05/2024 |
5 | Earnings To Watch Atmus Filtration Technologies Inc Reports Q3 2024 Result | 11/07/2024 |
6 | Atmus Filtration Non-GAAP EPS of 0.61 beats by 0.09, revenue of 404M beats by 0.62M | 11/08/2024 |
7 | Atmus Filtration Technologies Releases Earnings Results, Beats Expectations By 0.09 EPS | 11/11/2024 |
| Atmus Filtration dividend paid on 13th of November 2024 | 11/13/2024 |
About Atmus Filtration Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Atmus or other stocks. Alpha measures the amount that position in Atmus Filtration Tec has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 56.5 | 55.14 | 55.33 | 62.15 | PTB Ratio | 4.12 | 4.01 | 24.25 | 25.46 |
Atmus Filtration Upcoming Company Events
As portrayed in its financial statements, the presentation of Atmus Filtration's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atmus Filtration's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Atmus Filtration's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Atmus Filtration. Please utilize our Beneish M Score to check the likelihood of Atmus Filtration's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Atmus Stock Analysis
When running Atmus Filtration's price analysis, check to measure Atmus Filtration'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 Atmus Filtration is operating at the current time. Most of Atmus Filtration's value examination focuses on studying past and present price action to predict the probability of Atmus Filtration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atmus Filtration's price. Additionally, you may evaluate how the addition of Atmus Filtration to your portfolios can decrease your overall portfolio volatility.