Atomera Stock Market Value
| ATOM Stock | USD 6.15 0.31 5.31% |
| Symbol | Atomera |
Atomera Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Atomera. If investors know Atomera 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 Atomera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.70) | Revenue Per Share 0.025 | Quarterly Revenue Growth 109 | Return On Assets (0.54) | Return On Equity (1.04) |
The market value of Atomera is measured differently than its book value, which is the value of Atomera that is recorded on the company's balance sheet. Investors also form their own opinion of Atomera's value that differs from its market value or its book value, called intrinsic value, which is Atomera'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 Atomera's market value can be influenced by many factors that don't directly affect Atomera'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 Atomera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atomera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atomera'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.
Atomera '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 Atomera's 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 Atomera.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Atomera on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Atomera or generate 0.0% return on investment in Atomera over 30 days. Atomera is related to or competes with Axcelis Technologies, InTest, Lam Research, Photronics, Indie Semiconductor, Amtech Systems, and Ichor Holdings. Atomera Incorporated develops, commercializes, and licenses proprietary materials, processes, and technologies for the s... More
Atomera 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 Atomera's 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 Atomera upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.57 | |||
| Information Ratio | 0.181 | |||
| Maximum Drawdown | 34.96 | |||
| Value At Risk | (7.32) | |||
| Potential Upside | 14.63 |
Atomera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atomera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atomera's standard deviation. In reality, there are many statistical measures that can use Atomera historical prices to predict the future Atomera's volatility.| Risk Adjusted Performance | 0.1622 | |||
| Jensen Alpha | 1.44 | |||
| Total Risk Alpha | 0.3153 | |||
| Sortino Ratio | 0.2602 | |||
| Treynor Ratio | (1.08) |
Atomera Backtested Returns
Atomera is moderately volatile given 3 months investment horizon. Atomera secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Atomera Risk Adjusted Performance of 0.1622, mean deviation of 4.86, and Downside Deviation of 4.57 to evaluate company specific risk that cannot be diversified away. Atomera holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.2, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Atomera are expected to decrease by larger amounts. On the other hand, during market turmoil, Atomera is expected to outperform it. Use Atomera semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on Atomera.
Auto-correlation | 0.19 |
Very weak predictability
Atomera has very weak predictability. Overlapping area represents the amount of predictability between Atomera time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Atomera price movement. The serial correlation of 0.19 indicates that over 19.0% of current Atomera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Atomera lagged returns against current returns
Autocorrelation, which is Atomera 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 Atomera's stock expected returns. We can calculate the autocorrelation of Atomera returns to help us make a trade decision. For example, suppose you find that Atomera 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 |
Atomera 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 Atomera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atomera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atomera stock over time.
Current vs Lagged Prices |
| Timeline |
Atomera Lagged Returns
When evaluating Atomera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atomera stock have on its future price. Atomera 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, Atomera autocorrelation shows the relationship between Atomera stock current value and its past values and can show if there is a momentum factor associated with investing in Atomera.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Atomera Correlation, Atomera Volatility and Atomera Alpha and Beta module to complement your research on Atomera. To learn how to invest in Atomera Stock, please use our How to Invest in Atomera guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Atomera 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.