Atlanticus Holdings Stock Market Value
| ATLC Stock | USD 24.88 0.62 2.56% |
| Symbol | Atlanticus |
Atlanticus Holdings Price To Book Ratio
Is Atlanticus Holdings' 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 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.
Quarterly Earnings Growth 0.141 | Earnings Share 4.24 | Revenue Per Share 24.419 | Quarterly Revenue Growth 0.115 | Return On Assets 0.04 |
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.
Atlanticus Holdings '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 Atlanticus Holdings' 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 Atlanticus Holdings.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Atlanticus Holdings on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Atlanticus Holdings or generate 0.0% return on investment in Atlanticus Holdings over 30 days. Atlanticus Holdings is related to or competes with 360 Finance, Lexinfintech Holdings, Qudian, Enova International, SLM Corp, FirstCash, and Federal Agricultural. Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United Stat... More
Atlanticus Holdings 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 Atlanticus Holdings' 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 Atlanticus Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 14.32 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 3.51 |
Atlanticus Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlanticus Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlanticus Holdings' standard deviation. In reality, there are many statistical measures that can use Atlanticus Holdings historical prices to predict the future Atlanticus Holdings' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlanticus Holdings' 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.
Atlanticus Holdings Backtested Returns
Atlanticus Holdings secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Atlanticus Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlanticus Holdings' Risk Adjusted Performance of (0.11), mean deviation of 1.9, and Standard Deviation of 2.65 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.41, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atlanticus Holdings will likely underperform. Atlanticus Holdings has an expected return of -0.56%. Please make sure to confirm Atlanticus Holdings treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Atlanticus Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Atlanticus Holdings has modest predictability. Overlapping area represents the amount of predictability between Atlanticus Holdings time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Atlanticus Holdings price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Atlanticus Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Atlanticus Holdings lagged returns against current returns
Autocorrelation, which is Atlanticus Holdings 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 Atlanticus Holdings' stock expected returns. We can calculate the autocorrelation of Atlanticus Holdings returns to help us make a trade decision. For example, suppose you find that Atlanticus Holdings 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 |
Atlanticus Holdings 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 Atlanticus Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlanticus Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlanticus Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Atlanticus Holdings Lagged Returns
When evaluating Atlanticus Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlanticus Holdings stock have on its future price. Atlanticus Holdings 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, Atlanticus Holdings autocorrelation shows the relationship between Atlanticus Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Atlanticus Holdings.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atlanticus Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atlanticus Holdings' short interest history, or implied volatility extrapolated from Atlanticus Holdings options trading.
Check out Atlanticus Holdings Correlation, Atlanticus Holdings Volatility and Atlanticus Holdings Alpha and Beta module to complement your research on Atlanticus Holdings. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Atlanticus Stock analysis
When running Atlanticus Holdings' price analysis, check to measure Atlanticus Holdings' 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 Atlanticus Holdings is operating at the current time. Most of Atlanticus Holdings' value examination focuses on studying past and present price action to predict the probability of Atlanticus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlanticus Holdings' price. Additionally, you may evaluate how the addition of Atlanticus Holdings to your portfolios can decrease your overall portfolio volatility.
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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.