Atlanticus Holdings Stock Probability of Future Stock Price Finishing Over 2.11
| ATLC Stock | USD 23.45 0.89 3.66% |
Atlanticus |
Atlanticus Holdings Target Price Odds to finish over 2.11
The tendency of Atlanticus Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 2.11 in 90 days |
| 23.45 | 90 days | 2.11 | close to 99 |
Based on a normal probability distribution, the odds of Atlanticus Holdings to stay above $ 2.11 in 90 days from now is close to 99 (This Atlanticus Holdings probability density function shows the probability of Atlanticus Stock to fall within a particular range of prices over 90 days) . Probability of Atlanticus Holdings price to stay between $ 2.11 and its current price of $23.45 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.46 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atlanticus Holdings will likely underperform. Additionally Atlanticus Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Atlanticus Holdings Price Density |
| Price |
Predictive Modules for Atlanticus Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlanticus Holdings. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atlanticus Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Atlanticus Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlanticus Holdings is not an exception. The market had few large corrections towards the Atlanticus Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Atlanticus Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlanticus Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.72 | |
β | Beta against NYSE Composite | 2.46 | |
σ | Overall volatility | 3.00 | |
Ir | Information ratio | -0.24 |
Atlanticus Holdings Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Atlanticus Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atlanticus Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atlanticus Holdings generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Atlanticus Holdings A Cheap, High ROE Business - Seeking Alpha |
Atlanticus Holdings Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Atlanticus Stock often depends not only on the future outlook of the current and potential Atlanticus Holdings' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Atlanticus Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 18.9 M | |
| Cash And Short Term Investments | 383.7 M |
Atlanticus Holdings Technical Analysis
Atlanticus Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Atlanticus Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlanticus Holdings. In general, you should focus on analyzing Atlanticus Stock price patterns and their correlations with different microeconomic environments and drivers.
Atlanticus Holdings Predictive Forecast Models
Atlanticus Holdings' time-series forecasting models is one of many Atlanticus Holdings' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Atlanticus Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Atlanticus Holdings
Checking the ongoing alerts about Atlanticus Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atlanticus Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atlanticus Holdings generated a negative expected return over the last 90 days | |
| About 68.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Atlanticus Holdings A Cheap, High ROE Business - Seeking Alpha |
Check out Atlanticus Holdings Backtesting, Atlanticus Holdings Valuation, Atlanticus Holdings Correlation, Atlanticus Holdings Hype Analysis, Atlanticus Holdings Volatility, Atlanticus Holdings History as well as Atlanticus Holdings Performance. For information on how to trade Atlanticus Stock refer to our How to Trade Atlanticus Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Atlanticus Stock analysis
When running Atlanticus Holdings' price analysis, check to measure Atlanticus Holdings' 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 Atlanticus Holdings is operating at the current time. Most of Atlanticus Holdings' value examination focuses on studying past and present price action to predict the probability of Atlanticus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlanticus Holdings' price. Additionally, you may evaluate how the addition of Atlanticus Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Atlanticus Holdings' 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 Atlanticus Holdings. If investors know Atlanticus 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 Atlanticus Holdings 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 0.141 | Earnings Share 4.24 | Revenue Per Share 24.419 | Quarterly Revenue Growth 0.115 | Return On Assets 0.04 |
The market value of Atlanticus Holdings is measured differently than its book value, which is the value of Atlanticus that is recorded on the company's balance sheet. Investors also form their own opinion of Atlanticus Holdings' value that differs from its market value or its book value, called intrinsic value, which is Atlanticus Holdings' 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 Atlanticus Holdings' market value can be influenced by many factors that don't directly affect Atlanticus Holdings' 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 Atlanticus Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlanticus Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlanticus Holdings' 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.