Athena Technology Acquisition Stock Price on November 5, 2024
| ATEK Stock | USD 11.92 0.11 0.93% |
If you're considering investing in Athena Stock, it is important to understand the factors that can impact its price. As of today, the current price of Athena Technology stands at 11.92, as last reported on the 29th of November, with the highest price reaching 11.92 and the lowest price hitting 11.92 during the day. As of now, Athena Stock is not too volatile. Athena Technology secures Sharpe Ratio (or Efficiency) of 0.0396, which signifies that the company had a 0.0396% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Athena Technology Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Athena Technology's risk adjusted performance of 0.032, and Mean Deviation of 1.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.0894%.
Common Stock Shares Outstanding is expected to rise to about 19.6 M this year, although the value of Total Stockholder Equity will most likely fall to about 9.3 M. . At this time, Athena Technology's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 21.21 this year, although the value of Price Cash Flow Ratio will most likely fall to (232.10). Athena Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Athena |
Sharpe Ratio = 0.0396
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Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Athena Technology is performing at about 3% 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 Athena Technology by adding it to a well-diversified portfolio.
Price Book 13.4189 | Book Value (1.49) | Enterprise Value 132.4 M | Enterprise Value Ebitda 56.7448 | Shares Float 1.3 M |
Athena Technology Valuation on November 5, 2024
It is possible to determine the worth of Athena Technology on a given historical date. On November 5, 2024 Athena was worth 11.31 at the beginning of the trading date compared to the closed value of 11.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Athena Technology stock. Still, in general, we apply an absolute valuation method to find Athena Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Athena Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Athena Technology's related companies.
| Open | High | Low | Close | Volume | |
| 11.89 | 12.90 | 11.80 | 12.90 | 4,729 | |
11/05/2024 | 11.31 | 13.19 | 11.31 | 11.71 | 10,527 |
| 12.29 | 12.80 | 11.71 | 11.71 | 6,105 |
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Athena Technology Trading Date Momentum on November 5, 2024
| On November 06 2024 Athena Technology Acquisition was traded for 11.71 at the closing time. The top price for the day was 12.80 and the lowest listed price was 11.71 . The trading volume for the day was 6.1 K. The trading history from November 6, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.39% . |
Athena Technology Fundamentals Correlations and Trends
By evaluating Athena Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Athena Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Athena financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Athena Technology Stock history
Athena Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Athena is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Athena Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Athena Technology stock prices may prove useful in developing a viable investing in Athena Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12 M | 19.6 M | |
| Net Loss | -183.2 K | -192.4 K |
Athena Technology Stock Technical Analysis
Athena Technology technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Athena Technology Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Athena Technology Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Athena Technology November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Athena Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Athena Technology shares will generate the highest return on investment. By undertsting and applying Athena Technology stock market strength indicators, traders can identify Athena Technology Acquisition entry and exit signals to maximize returns
Athena Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Athena Technology's price direction in advance. Along with the technical and fundamental analysis of Athena Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Athena 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 | 0.032 | |||
| Jensen Alpha | 0.1315 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.11) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Athena Technology Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Athena Technology. If investors know Athena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Athena Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.06) | Return On Assets (0.07) |
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology'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 Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology'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 Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology'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.