Atkore International Group Stock Price on May 13, 2021
| ATKR Stock | USD 175.86 4.29 2.50% |
Below is the normalized historical share price chart for Atkore International Group extending back to June 10, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Atkore International stands at 175.86, as last reported on the 16th of April 2024, with the highest price reaching 178.99 and the lowest price hitting 173.34 during the day.
If you're considering investing in Atkore Stock, it is important to understand the factors that can impact its price. Atkore International appears to be very steady, given 3 months investment horizon. Atkore International secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atkore International Group, which you can use to evaluate the volatility of the firm. Please makes use of Atkore International's Mean Deviation of 1.83, downside deviation of 2.4, and Risk Adjusted Performance of 0.0732 to double-check if our risk estimates are consistent with your expectations.
At this time, Atkore International's Total Stockholder Equity is relatively stable compared to the past year. As of 04/16/2024, Common Stock Shares Outstanding is likely to grow to about 43.5 M, while Liabilities And Stockholders Equity is likely to drop slightly above 1.8 B. . At this time, Atkore International's Price Fair Value is relatively stable compared to the past year. Atkore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of June 2016 | 200 Day MA 151.1533 | 50 Day MA 166.7874 | Beta 2.18 |
Atkore |
Sharpe Ratio = 0.1267
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Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Atkore International is performing at about 9% of its full potential. 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 Atkore International by adding it to a well-diversified portfolio.
Price Book 4.199 | Enterprise Value Ebitda 7.0423 | Price Sales 1.811 | Shares Float 36.3 M | Wall Street Target Price 193.4 |
Atkore International Valuation on May 13, 2021
It is possible to determine the worth of Atkore International on a given historical date. On May 13, 2021 Atkore was worth 99.12 at the beginning of the trading date compared to the closed value of 98.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atkore International stock. Still, in general, we apply an absolute valuation method to find Atkore International'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 Atkore International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atkore International's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 99.12 | 100.49 | 97.03 | 98.18 | 744,272 |
| 98.19 | 98.92 | 96.89 | 96.91 | 603,212 |
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Atkore International Trading Date Momentum on May 13, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Atkore International Fundamentals Correlations and Trends
By evaluating Atkore International'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 Atkore International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atkore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atkore International Stock history
Atkore International 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 Atkore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atkore International 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 Atkore International stock prices may prove useful in developing a viable investing in Atkore International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.4 M | 43.5 M | |
| Net Income Applicable To Common Shares | 781.2 M | 820.2 M |
Atkore International Quarterly Net Working Capital |
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Atkore International Stock Technical Analysis
Atkore International 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
Atkore International Period Price Range
Low | April 1, 2022
| High |
99.12 | 98.18 |
Atkore International April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Atkore International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atkore International shares will generate the highest return on investment. By undertsting and applying Atkore International stock market strength indicators, traders can identify Atkore International Group entry and exit signals to maximize returns
| Accumulation Distribution | 25626.24 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 98.76 | |||
| Day Typical Price | 98.57 | |||
| Price Action Indicator | (1.05) | |||
| Period Momentum Indicator | 77.68 |
Atkore International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atkore International's price direction in advance. Along with the technical and fundamental analysis of Atkore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atkore 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 | 0.0732 | |||
| Jensen Alpha | 0.1326 | |||
| Total Risk Alpha | 0.0381 | |||
| Sortino Ratio | 0.0737 | |||
| Treynor Ratio | 0.1246 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atkore International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Atkore Stock analysis
When running Atkore International's price analysis, check to measure Atkore International'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 Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.
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Is Atkore International'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 Atkore International. If investors know Atkore 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 Atkore International 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 (0.14) | Earnings Share 16.68 | Revenue Per Share 91.461 | Quarterly Revenue Growth (0.04) | Return On Assets 0.1902 |
The market value of Atkore International is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore International's value that differs from its market value or its book value, called intrinsic value, which is Atkore International'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 Atkore International's market value can be influenced by many factors that don't directly affect Atkore International'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 Atkore International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atkore International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore International'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.