Atai Life Sciences Stock Technical Analysis

ATAI Stock  USD 1.98  0.17  7.91%   
As of the 18th of April 2024, ATAI Life owns the coefficient of variation of 3191.33, and Market Risk Adjusted Performance of 0.0785. ATAI Life Sciences technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for ATAI Life, which can be compared to its peers in the sector. Please confirm ATAI Life Sciences jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if ATAI Life Sciences is priced correctly, providing market reflects its prevailing price of 1.98 per share. Please also double-check ATAI Life total risk alpha, which is currently at (0.26) to validate the company can sustain itself in the future.

ATAI Life Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ATAI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ATAI
  
ATAI Life's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

ATAI Life Analyst Consensus

Target PriceAdvice# of Analysts
12.32Strong Buy7Odds
ATAI Life Sciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ATAI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ATAI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ATAI Life Sciences, talking to its executives and customers, or listening to ATAI conference calls.
ATAI Analyst Advice Details
ATAI Life 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.
A focus of ATAI Life technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ATAI Life trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

ATAI Life Sciences Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 ATAI Life Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ATAI Life Sciences Trend Analysis

Use this graph to draw trend lines for ATAI Life Sciences. You can use it to identify possible trend reversals for ATAI Life 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 ATAI Life price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ATAI Life Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ATAI Life Sciences applied against its price change over selected period. The best fit line has a slop of   0.01  , which means ATAI Life Sciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.96, which is the sum of squared deviations for the predicted ATAI Life price change compared to its average price change.

About ATAI Life 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 ATAI Life Sciences 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 ATAI Life Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ATAI Life Sciences price pattern first instead of the macroeconomic environment surrounding ATAI Life Sciences. By analyzing ATAI Life'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 ATAI Life'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 ATAI Life specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Graham Number5.852.952.8
Receivables Turnover0.04140.140.13

ATAI Life April 18, 2024 Technical Indicators

Most technical analysis of ATAI 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 ATAI from various momentum indicators to cycle indicators. When you analyze ATAI 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.
When determining whether ATAI Life Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATAI Life's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atai Life Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atai Life Sciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATAI Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the ATAI Life Sciences information on this page should be used as a complementary analysis to other ATAI Life'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for ATAI Stock analysis

When running ATAI Life's price analysis, check to measure ATAI Life'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 ATAI Life is operating at the current time. Most of ATAI Life's value examination focuses on studying past and present price action to predict the probability of ATAI Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATAI Life's price. Additionally, you may evaluate how the addition of ATAI Life to your portfolios can decrease your overall portfolio volatility.
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Is ATAI Life'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 ATAI Life. If investors know ATAI 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 ATAI Life 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
(0.97)
Earnings Share
(0.25)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.53)
Return On Assets
(0.26)
The market value of ATAI Life Sciences is measured differently than its book value, which is the value of ATAI that is recorded on the company's balance sheet. Investors also form their own opinion of ATAI Life's value that differs from its market value or its book value, called intrinsic value, which is ATAI Life'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 ATAI Life's market value can be influenced by many factors that don't directly affect ATAI Life'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 ATAI Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATAI Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATAI Life'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.