Atlantica Sustainable Infrastructure Stock Market Value
| AY Stock | USD 22.11 0.01 0.05% |
| Symbol | Atlantica |
Atlantica Sustainable Price To Book Ratio
Is Independent Power and Renewable Electricity Producers 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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable 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 (0.39) | Earnings Share 0.3 | Revenue Per Share 9.766 | Quarterly Revenue Growth 0.062 | Return On Assets 0.019 |
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable'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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable'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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable'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.
Atlantica Sustainable '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 Atlantica Sustainable'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 Atlantica Sustainable.
| 10/18/2024 |
| 11/17/2024 |
If you would invest 0.00 in Atlantica Sustainable on October 18, 2024 and sell it all today you would earn a total of 0.00 from holding Atlantica Sustainable Infrastructure or generate 0.0% return on investment in Atlantica Sustainable over 30 days. Atlantica Sustainable is related to or competes with Flexible Solutions, Olympic Steel, Griffon, GMS, Highway Holdings, and Allegiant Travel. Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, ... More
Atlantica Sustainable 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 Atlantica Sustainable'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 Atlantica Sustainable Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1242 | |||
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 0.6416 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.2286 |
Atlantica Sustainable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlantica Sustainable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlantica Sustainable's standard deviation. In reality, there are many statistical measures that can use Atlantica Sustainable historical prices to predict the future Atlantica Sustainable's volatility.| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.0213 | |||
| Total Risk Alpha | 0.0025 | |||
| Sortino Ratio | (0.63) | |||
| Treynor Ratio | (0.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlantica Sustainable'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.
Atlantica Sustainable Backtested Returns
At this stage we consider Atlantica Stock to be very steady. Atlantica Sustainable 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 have found twenty-nine technical indicators for Atlantica Sustainable Infrastructure, which you can use to evaluate the volatility of the firm. Please confirm Atlantica Sustainable's Mean Deviation of 0.0987, risk adjusted performance of 0.1216, and Coefficient Of Variation of 443.68 to double-check if the risk estimate we provide is consistent with the expected return of 0.0303%. Atlantica Sustainable has a performance score of 18 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0227, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Atlantica Sustainable are expected to decrease at a much lower rate. During the bear market, Atlantica Sustainable is likely to outperform the market. Atlantica Sustainable right now shows a risk of 0.13%. Please confirm Atlantica Sustainable semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Atlantica Sustainable will be following its price patterns.
Auto-correlation | 0.48 |
Average predictability
Atlantica Sustainable Infrastructure has average predictability. Overlapping area represents the amount of predictability between Atlantica Sustainable time series from 18th of October 2024 to 2nd of November 2024 and 2nd of November 2024 to 17th 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 Atlantica Sustainable price movement. The serial correlation of 0.48 indicates that about 48.0% of current Atlantica Sustainable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atlantica Sustainable lagged returns against current returns
Autocorrelation, which is Atlantica Sustainable 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 Atlantica Sustainable's stock expected returns. We can calculate the autocorrelation of Atlantica Sustainable returns to help us make a trade decision. For example, suppose you find that Atlantica Sustainable 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 |
Atlantica Sustainable 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 Atlantica Sustainable stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlantica Sustainable stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlantica Sustainable stock over time.
Current vs Lagged Prices |
| Timeline |
Atlantica Sustainable Lagged Returns
When evaluating Atlantica Sustainable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlantica Sustainable stock have on its future price. Atlantica Sustainable 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, Atlantica Sustainable autocorrelation shows the relationship between Atlantica Sustainable stock current value and its past values and can show if there is a momentum factor associated with investing in Atlantica Sustainable Infrastructure.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Atlantica Stock Analysis
When running Atlantica Sustainable's price analysis, check to measure Atlantica Sustainable'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 Atlantica Sustainable is operating at the current time. Most of Atlantica Sustainable's value examination focuses on studying past and present price action to predict the probability of Atlantica Sustainable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantica Sustainable's price. Additionally, you may evaluate how the addition of Atlantica Sustainable to your portfolios can decrease your overall portfolio volatility.