Ats Corporation Stock Market Value
| ATS Stock | 30.99 0.87 2.89% |
| Symbol | ATS |
ATS Corporation Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 ATS. If investors know ATS 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 ATS 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 (0.28) | Earnings Share 0.93 | Revenue Per Share 28.95 | Quarterly Revenue Growth (0.17) | Return On Assets 0.045 |
The market value of ATS Corporation is measured differently than its book value, which is the value of ATS that is recorded on the company's balance sheet. Investors also form their own opinion of ATS's value that differs from its market value or its book value, called intrinsic value, which is ATS'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 ATS's market value can be influenced by many factors that don't directly affect ATS'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 ATS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATS'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.
ATS '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 ATS'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 ATS.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in ATS on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding ATS Corporation or generate 0.0% return on investment in ATS over 30 days. ATS is related to or competes with Flowserve, Franklin Electric, Watts Water, Gorman Rupp, Dover, Crane, and Graco. ATS is entity of United States. It is traded as Stock on NYSE exchange. More
ATS 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 ATS'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 ATS Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.0444 | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 4.56 |
ATS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATS's standard deviation. In reality, there are many statistical measures that can use ATS historical prices to predict the future ATS's volatility.| Risk Adjusted Performance | 0.0795 | |||
| Jensen Alpha | 0.1584 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0455 | |||
| Treynor Ratio | 0.3853 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATS's 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.
ATS Corporation Backtested Returns
ATS appears to be very steady, given 3 months investment horizon. ATS Corporation secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ATS Corporation, which you can use to evaluate the volatility of the firm. Please makes use of ATS's risk adjusted performance of 0.0795, and Mean Deviation of 1.9 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATS holds a performance score of 10. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATS is expected to be smaller as well. Please check ATS's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether ATS's price patterns will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
ATS Corporation has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ATS time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 ATS Corporation price movement. The serial correlation of -0.71 indicates that around 71.0% of current ATS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
ATS Corporation lagged returns against current returns
Autocorrelation, which is ATS 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 ATS's stock expected returns. We can calculate the autocorrelation of ATS returns to help us make a trade decision. For example, suppose you find that ATS 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 |
ATS 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 ATS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATS stock over time.
Current vs Lagged Prices |
| Timeline |
ATS Lagged Returns
When evaluating ATS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATS stock have on its future price. ATS 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, ATS autocorrelation shows the relationship between ATS stock current value and its past values and can show if there is a momentum factor associated with investing in ATS Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ATS Stock Analysis
When running ATS's price analysis, check to measure ATS'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 ATS is operating at the current time. Most of ATS's value examination focuses on studying past and present price action to predict the probability of ATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS's price. Additionally, you may evaluate how the addition of ATS to your portfolios can decrease your overall portfolio volatility.