Atlantica Sustainable Infrastructure Stock Statistic Functions Beta
| AY Stock | USD 18.51 0.12 0.65% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Atlantica Sustainable correlated with the market. If Beta is less than 0 Atlantica Sustainable generally moves in the opposite direction as compared to the market. If Atlantica Sustainable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Atlantica Sustainable is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Atlantica Sustainable is generally in the same direction as the market. If Beta > 1 Atlantica Sustainable moves generally in the same direction as, but more than the movement of the benchmark.
Atlantica Sustainable Technical Analysis Modules
Most technical analysis of Atlantica Sustainable 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 Atlantica from various momentum indicators to cycle indicators. When you analyze Atlantica charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Atlantica Sustainable Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlantica Sustainable Infrastructure. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atlantica Sustainable Infrastructure based on widely used predictive technical indicators. In general, we focus on analyzing Atlantica Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atlantica Sustainable's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Atlantica Sustainable's intrinsic value. In addition to deriving basic predictive indicators for Atlantica Sustainable, we also check how macroeconomic factors affect Atlantica Sustainable price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.048 | 0.0684 | 0.0828 | 0.0422 | Price To Sales Ratio | 3.28 | 2.7 | 2.27 | 3.18 |
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.
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Atlantica Sustainable pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atlantica Sustainable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atlantica Sustainable will appreciate offsetting losses from the drop in the long position's value.Atlantica Sustainable Pair Trading
Atlantica Sustainable Infrastructure Pair Trading Analysis
The ability to find closely correlated positions to Atlantica Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantica Sustainable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atlantica Sustainable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atlantica Sustainable Infrastructure to buy it.
The correlation of Atlantica Sustainable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atlantica Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantica Sustainable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atlantica Sustainable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary 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.
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Is Atlantica Sustainable'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 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 1.224 | Dividend Share 1.78 | Earnings Share 0.37 | Revenue Per Share 9.509 | Quarterly Revenue Growth 0.009 |
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.