Ats P Stock Target Price
| ATS Stock | 43.99 0.38 0.86% |
ATS P fundamentals help investors to digest information that contributes to ATS P's financial success or failures. It also enables traders to predict the movement of ATS Stock. The fundamental analysis module provides a way to measure ATS P's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ATS P stock.
ATS | Target Price |
ATS Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ATS P's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ATS P could also be used in its relative valuation, which is a method of valuing ATS P by comparing valuation metrics of similar companies.ATS P is currently under evaluation in target price category among related companies.
ATS Fundamentals
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0532 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 5.45 B | |||
| Shares Outstanding | 98.22 M | |||
| Shares Owned By Insiders | 0.59 % | |||
| Shares Owned By Institutions | 94.00 % | |||
| Number Of Shares Shorted | 920.27 K | |||
| Price To Book | 2.62 X | |||
| Price To Sales | 1.38 X | |||
| Revenue | 2.58 B | |||
| Gross Profit | 639.77 M | |||
| EBITDA | 377.43 M | |||
| Net Income | 127.7 M | |||
| Cash And Equivalents | 159.87 M | |||
| Total Debt | 1.26 B | |||
| Book Value Per Share | 16.45 X | |||
| Cash Flow From Operations | 127.8 M | |||
| Short Ratio | 3.27 X | |||
| Earnings Per Share | 1.64 X | |||
| Target Price | 65.43 | |||
| Number Of Employees | 7 K | |||
| Beta | 1.45 | |||
| Market Capitalization | 4.32 B | |||
| Total Asset | 3.54 B | |||
| Retained Earnings | 530.71 M | |||
| Net Asset | 3.54 B |
About ATS P Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ATS P's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ATS P using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ATS P based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ATS P
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ATS P position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ATS P will appreciate offsetting losses from the drop in the long position's value.Moving together with ATS Stock
| 0.92 | RCI-A | Rogers Communications | PairCorr |
Moving against ATS Stock
| 0.8 | BFM | Bedford Metals Corp | PairCorr |
| 0.65 | CCL-A | CCL Industries | PairCorr |
| 0.43 | ARA | Aclara Resources | PairCorr |
The ability to find closely correlated positions to ATS P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATS P when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ATS P - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ATS P to buy it.
The correlation of ATS P is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ATS P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATS P moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ATS P can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATS P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for ATS Stock analysis
When running ATS P's price analysis, check to measure ATS P'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 ATS P is operating at the current time. Most of ATS P's value examination focuses on studying past and present price action to predict the probability of ATS P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATS P's price. Additionally, you may evaluate how the addition of ATS P to your portfolios can decrease your overall portfolio volatility.
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