Atai Life Sciences Stock Price on August 14, 2024
If you're considering investing in ATAI Stock, it is important to understand the factors that can impact its price. ATAI Life is risky at the moment. ATAI Life Sciences retains Efficiency (Sharpe Ratio) of 0.0197, which signifies that the company had a 0.0197% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for ATAI Life, which you can use to evaluate the volatility of the firm. Please confirm ATAI Life's market risk adjusted performance of 0.0435, and Coefficient Of Variation of 5078.82 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
ATAI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ATAI |
Sharpe Ratio = 0.0197
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| Cash | Small Risk | Average Risk | ATAI | Huge Risk |
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Estimated Market Risk
| 5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ATAI Life is performing at about 1% 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 ATAI Life by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
ATAI Life Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
ATAI Life Sciences cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ATAI Life December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how ATAI Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATAI Life shares will generate the highest return on investment. By undertsting and applying ATAI Life stock market strength indicators, traders can identify ATAI Life Sciences entry and exit signals to maximize returns
ATAI Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ATAI Life's price direction in advance. Along with the technical and fundamental analysis of ATAI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ATAI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | 0.0299 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 0.0335 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Tools for ATAI Stock
When running ATAI Life's price analysis, check to measure ATAI Life'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 ATAI Life is operating at the current time. Most of ATAI Life's value examination focuses on studying past and present price action to predict the probability of ATAI Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATAI Life's price. Additionally, you may evaluate how the addition of ATAI Life to your portfolios can decrease your overall portfolio volatility.
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