Atlanticus Holdings Stock Technical Analysis
| ATLCL Stock | USD 24.07 0.03 0.12% |
As of the 1st of December, Atlanticus Holdings shows the Risk Adjusted Performance of 0.1122, downside deviation of 0.5986, and Mean Deviation of 0.4876. Atlanticus Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Atlanticus Holdings information ratio, as well as the relationship between the value at risk and expected short fall to decide if Atlanticus Holdings is priced correctly, providing market reflects its regular price of 24.07 per share. Given that Atlanticus Holdings has jensen alpha of 0.0707, we suggest you to validate Atlanticus Holdings's prevailing market performance to make sure the company can sustain itself at a future point.
Atlanticus Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Atlanticus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AtlanticusAtlanticus |
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.
Atlanticus Holdings Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Atlanticus Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Atlanticus Holdings Trend Analysis
Use this graph to draw trend lines for Atlanticus Holdings. You can use it to identify possible trend reversals for Atlanticus Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Atlanticus Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Atlanticus Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Atlanticus Holdings applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Atlanticus Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.38, which is the sum of squared deviations for the predicted Atlanticus Holdings price change compared to its average price change.About Atlanticus Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Atlanticus Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Atlanticus Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Atlanticus Holdings price pattern first instead of the macroeconomic environment surrounding Atlanticus Holdings. By analyzing Atlanticus Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Atlanticus Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Atlanticus Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0203 | 0.0647 | 0.0314 | Price To Sales Ratio | 2.69 | 1.31 | 0.46 |
Atlanticus Holdings December 1, 2024 Technical Indicators
Most technical analysis of Atlanticus help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Atlanticus from various momentum indicators to cycle indicators. When you analyze Atlanticus charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.1122 | |||
| Market Risk Adjusted Performance | 0.89 | |||
| Mean Deviation | 0.4876 | |||
| Semi Deviation | 0.4053 | |||
| Downside Deviation | 0.5986 | |||
| Coefficient Of Variation | 667.34 | |||
| Standard Deviation | 0.6187 | |||
| Variance | 0.3828 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | 0.0707 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.88 | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 1.11 | |||
| Downside Variance | 0.3584 | |||
| Semi Variance | 0.1642 | |||
| Expected Short fall | (0.56) | |||
| Skewness | 0.089 | |||
| Kurtosis | (0.34) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlanticus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Atlanticus Stock please use our How to buy in Atlanticus Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.