Atkore International Group Stock Price on June 25, 2021

ATKR Stock  USD 188.59  2.53  1.36%   
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 188.59, as last reported on the 28th of March, with the highest price reaching 188.59 and the lowest price hitting 188.59 during the day.
IPO Date
10th of June 2016
200 Day MA
148.8613
50 Day MA
159.8934
Beta
2.179
 
Covid
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 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven 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 1.69, risk adjusted performance of 0.0759, and Downside Deviation of 2.23 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Atkore International's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 03/28/2024, Total Stockholder Equity is likely to grow to about 1.8 B, while Other Stockholder Equity is likely to drop slightly above 488.4 M. . 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.

Sharpe Ratio = 0.1228

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Estimated Market Risk

 2.25
  actual daily
19
81% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.12
  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
4.4685
Enterprise Value Ebitda
7.4592
Price Sales
1.9574
Shares Float
36.3 M
Wall Street Target Price
183.8

Atkore International Valuation on June 25, 2021

It is possible to determine the worth of Atkore International on a given historical date. On June 25, 2021 Atkore was worth 100.47 at the beginning of the trading date compared to the closed value of 100.21. 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
03/14/2022
  100.47    101.66    99.20    100.21    260,381  
  100.15    101.90    99.65    101.34    297,309  
Backtest Atkore International  |  Atkore International History  |  Atkore International Valuation Next  
Open Value
100.47
100.21
Closing Value
107.21
Upside

Atkore International Trading Date Momentum on June 25, 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 ReportedProjected for 2024
Common Stock Shares Outstanding35.4 M43.5 M
Net Income Applicable To Common Shares781.2 M820.2 M

Atkore International Quarterly Net Working Capital

992.79 Million

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.
A focus of Atkore International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atkore International 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...

Price Boundaries

Atkore International Period Price Range

Low
March 14, 2022
High

 100.47 

  

 100.21 

-0.26-0.26%

Atkore International March 28, 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

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.
When determining whether Atkore International is a strong investment it is important to analyze Atkore International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atkore International's future performance. For an informed investment choice regarding Atkore Stock, refer to the following important reports:
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 Stocks Directory module to find actively traded stocks across global markets.

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
16.69
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.