Atea Pharmaceuticalsinc Stock Price on June 3, 2021
| AVIR Stock | USD 3.76 0.09 2.34% |
If you're considering investing in Atea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atea PharmaceuticalsI stands at 3.76, as last reported on the 15th of April 2024, with the highest price reaching 3.86 and the lowest price hitting 3.72 during the day. Atea PharmaceuticalsI appears to be relatively risky, given 3 months investment horizon. Atea PharmaceuticalsInc secures Sharpe Ratio (or Efficiency) of 0.0633, which signifies that the company had a 0.0633% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Atea PharmaceuticalsInc, which you can use to evaluate the volatility of the firm. Please makes use of Atea PharmaceuticalsI's mean deviation of 2.62, and Risk Adjusted Performance of 0.0428 to double-check if our risk estimates are consistent with your expectations.
At this time, Atea PharmaceuticalsI's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/15/2024, Stock Based Compensation To Revenue is likely to grow to 0.14, while Total Stockholder Equity is likely to drop slightly above 434.1 M. . At this time, Atea PharmaceuticalsI's Price Book Value Ratio is relatively stable compared to the past year. As of 04/15/2024, Price To Book Ratio is likely to grow to 0.48, while Price Earnings Ratio is likely to drop (1.96). Atea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atea |
Sharpe Ratio = 0.0633
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Estimated Market Risk
| 3.16 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Atea PharmaceuticalsI is performing at about 4% 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 Atea PharmaceuticalsI by adding it to a well-diversified portfolio.
Price Book 0.57 | Enterprise Value Ebitda 1.5832 | Price Sales 1.9026 | Shares Float 63.7 M | Wall Street Target Price 3.5 |
Atea PharmaceuticalsI Valuation on June 3, 2021
It is possible to determine the worth of Atea PharmaceuticalsI on a given historical date. On June 3, 2021 Atea was worth 7.22 at the beginning of the trading date compared to the closed value of 7.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atea PharmaceuticalsI stock. Still, in general, we apply an absolute valuation method to find Atea PharmaceuticalsI'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 Atea PharmaceuticalsI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atea PharmaceuticalsI's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 7.22 | 7.39 | 7.06 | 7.10 | 639,496 |
| 7.20 | 7.43 | 7.14 | 7.16 | 531,517 |
| Backtest Atea PharmaceuticalsI | | | Atea PharmaceuticalsI History | | | Atea PharmaceuticalsI Valuation | Next |
Atea PharmaceuticalsI Trading Date Momentum on June 3, 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.Atea PharmaceuticalsInc Fundamentals Correlations and Trends
By evaluating Atea PharmaceuticalsI'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 Atea PharmaceuticalsI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atea PharmaceuticalsI Stock history
Atea PharmaceuticalsI 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 Atea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atea PharmaceuticalsInc 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 Atea PharmaceuticalsI stock prices may prove useful in developing a viable investing in Atea PharmaceuticalsI
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 83.4 M | 85.7 M | |
| Net Loss | -104.3 M | -99.1 M |
Atea PharmaceuticalsI Quarterly Net Working Capital |
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Atea PharmaceuticalsI Stock Technical Analysis
Atea PharmaceuticalsI 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
Atea PharmaceuticalsI Period Price Range
Low | April 1, 2022
| High |
7.22 | 7.10 |
Atea PharmaceuticalsI April 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Atea PharmaceuticalsI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atea PharmaceuticalsI shares will generate the highest return on investment. By undertsting and applying Atea PharmaceuticalsI stock market strength indicators, traders can identify Atea PharmaceuticalsInc entry and exit signals to maximize returns
| Accumulation Distribution | 28556.65 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 7.23 | |||
| Day Typical Price | 7.18 | |||
| Price Action Indicator | (0.19) | |||
| Period Momentum Indicator | (3.34) | |||
| Relative Strength Index | 47.02 |
Atea PharmaceuticalsI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atea PharmaceuticalsI's price direction in advance. Along with the technical and fundamental analysis of Atea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atea 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 | 0.0428 | |||
| Jensen Alpha | 0.0577 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0326 | |||
| Treynor Ratio | 0.1023 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atea PharmaceuticalsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Atea Stock analysis
When running Atea PharmaceuticalsI's price analysis, check to measure Atea PharmaceuticalsI'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 Atea PharmaceuticalsI is operating at the current time. Most of Atea PharmaceuticalsI's value examination focuses on studying past and present price action to predict the probability of Atea PharmaceuticalsI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atea PharmaceuticalsI's price. Additionally, you may evaluate how the addition of Atea PharmaceuticalsI to your portfolios can decrease your overall portfolio volatility.
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Is Atea PharmaceuticalsI'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 Atea PharmaceuticalsI. If investors know Atea 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 Atea PharmaceuticalsI 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 2.641 | Earnings Share (1.63) | Revenue Per Share 2.31 | Quarterly Revenue Growth 2.952 | Return On Assets (0.12) |
The market value of Atea PharmaceuticalsInc is measured differently than its book value, which is the value of Atea that is recorded on the company's balance sheet. Investors also form their own opinion of Atea PharmaceuticalsI's value that differs from its market value or its book value, called intrinsic value, which is Atea PharmaceuticalsI'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 Atea PharmaceuticalsI's market value can be influenced by many factors that don't directly affect Atea PharmaceuticalsI'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 Atea PharmaceuticalsI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atea PharmaceuticalsI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atea PharmaceuticalsI'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.