Atai Life Sciences Stock Price on April 29, 2024
| ATAI Stock | USD 1.67 0.01 0.60% |
If you're considering investing in ATAI Stock, it is important to understand the factors that can impact its price. As of today, the current price of ATAI Life stands at 1.67, as last reported on the 22nd of May, with the highest price reaching 1.74 and the lowest price hitting 1.66 during the day. We consider ATAI Life risky. ATAI Life Sciences retains Efficiency (Sharpe Ratio) of 0.0058, which signifies that the company had a 0.0058% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ATAI Life, which you can use to evaluate the volatility of the firm. Please confirm ATAI Life's market risk adjusted performance of (0.30), and Coefficient Of Variation of 5036.44 to double-check if the risk estimate we provide is consistent with the expected return of 0.0348%.
As of now, ATAI Life's Total Stockholder Equity is increasing as compared to previous years. The ATAI Life's current Stock Based Compensation is estimated to increase to about 45.3 M, while Common Stock Total Equity is projected to decrease to under 15.6 M. . As of now, ATAI Life's Price Fair Value is increasing as compared to previous years. ATAI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ATAI |
Sharpe Ratio = 0.0058
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| Negative Returns | ATAI |
Estimated Market Risk
| 6.03 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ATAI Life 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 ATAI Life by adding ATAI Life to a well-diversified portfolio.
Price Book 1.5717 | Enterprise Value Ebitda (6.11) | Price Sales 1.2 K | Shares Float 93 M | Wall Street Target Price 10.68 |
ATAI Life Valuation on April 29, 2024
It is possible to determine the worth of ATAI Life on a given historical date. On April 29, 2024 ATAI was worth 1.89 at the beginning of the trading date compared to the closed value of 1.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ATAI Life stock. Still, in general, we apply an absolute valuation method to find ATAI Life's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ATAI Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ATAI Life's related companies.
| Open | High | Low | Close | Volume | |
| 1.85 | 1.94 | 1.83 | 1.93 | 875,491 | |
04/29/2024 | 1.89 | 2.05 | 1.88 | 1.97 | 1,150,041 |
| 1.95 | 2.05 | 1.90 | 1.98 | 935,039 |
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ATAI Life Trading Date Momentum on April 29, 2024
| On April 30 2024 ATAI Life Sciences was traded for 1.98 at the closing time. The top price for the day was 2.05 and the lowest listed price was 1.90 . The trading volume for the day was 935 K. The trading history from April 30, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.51% . The overall trading delta against the current closing price is 1.52% . |
ATAI Life Sciences Fundamentals Correlations and Trends
By evaluating ATAI Life's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ATAI Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ATAI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ATAI Life Stock history
ATAI Life investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ATAI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ATAI Life Sciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ATAI Life stock prices may prove useful in developing a viable investing in ATAI Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 158.8 M | 107 M | |
| Net Loss | -137.1 M | -144 M |
ATAI Life Quarterly Net Working Capital |
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ATAI Life Stock Technical Analysis
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.
Price Boundaries
ATAI Life Period Price Range
Low | April 29, 2024
| High |
1.89 | 1.97 |
ATAI Life May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how ATAI Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATAI Life shares will generate the highest return on investment. By undertsting and applying ATAI Life stock market strength indicators, traders can identify ATAI Life Sciences entry and exit signals to maximize returns
ATAI Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ATAI Life's price direction in advance. Along with the technical and fundamental analysis of ATAI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ATAI to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | 0.1354 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0075 | |||
| Treynor Ratio | (0.31) |
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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.