Atlantica Sustainable Infrastructure Stock Price on November 10, 2023
| AY Stock | USD 22.81 0.14 0.61% |
If you're considering investing in Atlantica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlantica Sustainable stands at 22.81, as last reported on the 14th of May 2024, with the highest price reaching 22.91 and the lowest price hitting 22.29 during the day. Atlantica Sustainable is very steady given 1 month investment horizon. Atlantica Sustainable secures Sharpe Ratio (or Efficiency) of 0.49, which signifies that the company had a 0.49% return per unit of risk over the last month. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.33% are justified by taking the suggested risk. Use Atlantica Sustainable Risk Adjusted Performance of 0.2143, mean deviation of 2.26, and Downside Deviation of 2.35 to evaluate company specific risk that cannot be diversified away.
Atlantica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlantica |
Sharpe Ratio = 0.4923
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| Average Returns | AY | |||
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Estimated Market Risk
| 2.7 actual daily | 23 77% of assets are more volatile |
Expected Return
| 1.33 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.49 actual daily | 38 62% of assets perform better |
Based on monthly moving average Atlantica Sustainable is performing at about 38% 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 Atlantica Sustainable by adding it to a well-diversified portfolio.
Atlantica Sustainable Valuation on November 10, 2023
It is possible to determine the worth of Atlantica Sustainable on a given historical date. On November 10, 2023 Atlantica was worth 17.98 at the beginning of the trading date compared to the closed value of 16.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlantica Sustainable stock. Still, in general, we apply an absolute valuation method to find Atlantica Sustainable'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 Atlantica Sustainable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlantica Sustainable's related companies.
| Open | High | Low | Close | Volume | |
| 18.17 | 18.17 | 17.16 | 17.16 | 858,895 | |
11/10/2023 | 17.98 | 18.32 | 16.94 | 16.94 | 824,587 |
| 17.72 | 18.12 | 17.06 | 17.06 | 705,306 |
| Backtest Atlantica Sustainable | | | Atlantica Sustainable History | | | Atlantica Sustainable Valuation | Previous | Next |
Atlantica Sustainable Trading Date Momentum on November 10, 2023
| On November 13 2023 Atlantica Sustainable Infrastructure was traded for 17.06 at the closing time. The highest price during the trading period was 18.12 and the lowest recorded bid was listed for 17.06 . The volume for the day was 705.3 K. This history from November 13, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.71% . The overall trading delta to the current price is 11.98% . |
Atlantica Sustainable Fundamentals Correlations and Trends
By evaluating Atlantica Sustainable'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 Atlantica Sustainable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlantica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atlantica Sustainable Stock history
Atlantica Sustainable 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 Atlantica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlantica Sustainable 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 Atlantica Sustainable stock prices may prove useful in developing a viable investing in Atlantica Sustainable
Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom. Atlantica Yield operates under UtilitiesRenewable classification in the United States and is traded on NASDAQ Exchange. It employs 658 people.
Atlantica Sustainable Stock Technical Analysis
Atlantica Sustainable 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
Atlantica Sustainable Period Price Range
Low | November 10, 2023
| High |
17.98 | 16.94 |
Atlantica Sustainable May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlantica Sustainable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlantica Sustainable shares will generate the highest return on investment. By undertsting and applying Atlantica Sustainable stock market strength indicators, traders can identify Atlantica Sustainable Infrastructure entry and exit signals to maximize returns
| Accumulation Distribution | 62114.09 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 17.63 | |||
| Day Typical Price | 17.4 | |||
| Price Action Indicator | (1.21) | |||
| Period Momentum Indicator | 5.87 |
Atlantica Sustainable Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlantica Sustainable's price direction in advance. Along with the technical and fundamental analysis of Atlantica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlantica 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 | 0.2143 | |||
| Jensen Alpha | 0.749 | |||
| Total Risk Alpha | 0.4483 | |||
| Sortino Ratio | 0.3987 | |||
| Treynor Ratio | 0.4058 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantica Sustainable Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Atlantica Stock analysis
When running Atlantica Sustainable's price analysis, check to measure Atlantica Sustainable'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 Atlantica Sustainable is operating at the current time. Most of Atlantica Sustainable's value examination focuses on studying past and present price action to predict the probability of Atlantica Sustainable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantica Sustainable's price. Additionally, you may evaluate how the addition of Atlantica Sustainable to your portfolios can decrease your overall portfolio volatility.
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Is Atlantica Sustainable'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 Atlantica Sustainable. If investors know Atlantica 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 Atlantica Sustainable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atlantica Sustainable is measured differently than its book value, which is the value of Atlantica that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantica Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Atlantica Sustainable'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 Atlantica Sustainable's market value can be influenced by many factors that don't directly affect Atlantica Sustainable'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 Atlantica Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantica Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantica Sustainable'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.