Atlanticus Holdings Stock Market Value
| ATLCL Stock | USD 24.10 0.34 1.43% |
| Symbol | Atlanticus |
Atlanticus Holdings Price To Book Ratio
Is Banking 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 Atlanticus Holdings. If investors know Atlanticus 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 Atlanticus Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atlanticus Holdings is measured differently than its book value, which is the value of Atlanticus that is recorded on the company's balance sheet. Investors also form their own opinion of Atlanticus Holdings' value that differs from its market value or its book value, called intrinsic value, which is Atlanticus Holdings' 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 Atlanticus Holdings' market value can be influenced by many factors that don't directly affect Atlanticus Holdings' 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 Atlanticus Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlanticus Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlanticus Holdings' 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.
Atlanticus Holdings '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 Atlanticus Holdings' stock 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 Atlanticus Holdings.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Atlanticus Holdings on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Atlanticus Holdings or generate 0.0% return on investment in Atlanticus Holdings over 60 days. Atlanticus Holdings is related to or competes with B Riley, Atlanticus Holdings, Atlas Corp, Harrow Health, and B Riley. Atlanticus Holdings is entity of United States More
Atlanticus Holdings 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 Atlanticus Holdings' stock 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 Atlanticus Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.61 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.11 |
Atlanticus Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlanticus Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlanticus Holdings' standard deviation. In reality, there are many statistical measures that can use Atlanticus Holdings historical prices to predict the future Atlanticus Holdings' volatility.| Risk Adjusted Performance | 0.1182 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.9275 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlanticus Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Atlanticus Holdings Backtested Returns
As of now, Atlanticus Stock is very steady. Atlanticus Holdings secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atlanticus Holdings, which you can use to evaluate the volatility of the firm. Please confirm Atlanticus Holdings' Risk Adjusted Performance of 0.1182, downside deviation of 0.61, and Mean Deviation of 0.486 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Atlanticus Holdings has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0941, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atlanticus Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlanticus Holdings is expected to be smaller as well. Atlanticus Holdings right now shows a risk of 0.61%. Please confirm Atlanticus Holdings total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Atlanticus Holdings will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Atlanticus Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Atlanticus Holdings time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th of November 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 Atlanticus Holdings price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Atlanticus Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Atlanticus Holdings lagged returns against current returns
Autocorrelation, which is Atlanticus Holdings stock'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 Atlanticus Holdings' stock expected returns. We can calculate the autocorrelation of Atlanticus Holdings returns to help us make a trade decision. For example, suppose you find that Atlanticus Holdings has exhibited high autocorrelation historically, and you observe that the stock 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 |
Atlanticus Holdings 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 Atlanticus Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlanticus Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlanticus Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Atlanticus Holdings Lagged Returns
When evaluating Atlanticus Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlanticus Holdings stock have on its future price. Atlanticus Holdings 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, Atlanticus Holdings autocorrelation shows the relationship between Atlanticus Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Atlanticus Holdings.
Regressed Prices |
| Timeline |
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Atlanticus Holdings 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.