Aths Stock Performance
| ATHS Stock | 24.83 0.06 0.24% |
The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATHS's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATHS is expected to be smaller as well. ATHS has an expected return of -0.0699%. Please make sure to confirm ATHS treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if ATHS performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days ATHS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical indicators, ATHS is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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ATHS |
ATHS Relative Risk vs. Return Landscape
If you would invest 2,538 in ATHS on January 29, 2024 and sell it today you would lose (55.00) from holding ATHS or give up 2.17% of portfolio value over 90 days. ATHS is currently does not generate positive expected returns and assumes 0.3877% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of stocks are less volatile than ATHS, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ATHS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATHS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ATHS, and traders can use it to determine the average amount a ATHS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1803
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATHS |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ATHS is not performing at its full potential. However, 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 ATHS by adding ATHS to a well-diversified portfolio.
About ATHS Performance
To evaluate ATHS Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ATHS generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ATHS Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ATHS market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ATHS's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.ATHS is entity of United States. It is traded as Stock on NYSE exchange.Things to note about ATHS performance evaluation
Checking the ongoing alerts about ATHS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ATHS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ATHS generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Heres why Ondo price hit new ATH amid bearish market outlook - FXStreet |
- Analyzing ATHS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ATHS's stock is overvalued or undervalued compared to its peers.
- Examining ATHS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ATHS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ATHS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ATHS's stock. These opinions can provide insight into ATHS's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATHS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy ATHS Stock please use our How to Invest in ATHS guide.Note that the ATHS information on this page should be used as a complementary analysis to other ATHS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for ATHS Stock analysis
When running ATHS's price analysis, check to measure ATHS'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 ATHS is operating at the current time. Most of ATHS's value examination focuses on studying past and present price action to predict the probability of ATHS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATHS's price. Additionally, you may evaluate how the addition of ATHS to your portfolios can decrease your overall portfolio volatility.
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Is ATHS's industry 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 ATHS. If investors know ATHS 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 ATHS 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 ATHS is measured differently than its book value, which is the value of ATHS that is recorded on the company's balance sheet. Investors also form their own opinion of ATHS's value that differs from its market value or its book value, called intrinsic value, which is ATHS'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 ATHS's market value can be influenced by many factors that don't directly affect ATHS'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 ATHS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATHS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATHS'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.