Atlantica Sustainable Infrastructure Stock Piotroski F Score
| AY Stock | USD 20.41 0.50 2.51% |
Atlantica | Piotroski F Score |
At this time, it appears that Atlantica Sustainable's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | Higher Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Atlantica Sustainable Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Atlantica Sustainable is to make sure Atlantica is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Atlantica Sustainable's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Atlantica Sustainable's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.0711 | 0.1262 |
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| Gross Profit Margin | 0.36 | 0.377 |
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| Net Debt | 4.7 B | 5 B |
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| Total Current Liabilities | 782.9 M | 607.8 M |
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| Non Current Liabilities Total | 6.4 B | 5.7 B |
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| Total Assets | 9.1 B | 8.7 B |
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| Total Current Assets | 1 B | 982.2 M |
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| Total Cash From Operating Activities | 354.4 M | 422.4 M |
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Atlantica Sustainable F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Atlantica Sustainable's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Atlantica Sustainable in a much-optimized way.
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About Atlantica Sustainable Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Pretax Profit Margin |
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About Atlantica Sustainable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlantica Sustainable Infrastructure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlantica Sustainable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlantica Sustainable Infrastructure 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.
Atlantica Sustainable Investors Sentiment
The influence of Atlantica Sustainable's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atlantica. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Atlantica Sustainable's public news can be used to forecast risks associated with an investment in Atlantica. The trend in average sentiment can be used to explain how an investor holding Atlantica can time the market purely based on public headlines and social activities around Atlantica Sustainable Infrastructure. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Atlantica Sustainable's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Atlantica Sustainable's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Atlantica Sustainable's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Atlantica Sustainable.
Atlantica Sustainable Implied Volatility | 51.23 |
Atlantica Sustainable's implied volatility exposes the market's sentiment of Atlantica Sustainable Infrastructure stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Atlantica Sustainable's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Atlantica Sustainable stock will not fluctuate a lot when Atlantica Sustainable's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atlantica Sustainable in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atlantica Sustainable's short interest history, or implied volatility extrapolated from Atlantica Sustainable options trading.
Pair Trading with Atlantica Sustainable
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 Atlantica Sustainable 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 Atlantica Sustainable will appreciate offsetting losses from the drop in the long position's value.Moving against Atlantica Stock
| 0.61 | ELLO | Ellomay Capital | PairCorr |
| 0.49 | ADN | Advent Technologies Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Atlantica Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlantica Sustainable 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 Atlantica Sustainable - 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 Atlantica Sustainable Infrastructure to buy it.
The correlation of Atlantica Sustainable 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 Atlantica Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlantica Sustainable 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 Atlantica Sustainable 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 Atlantica Sustainable Altman Z Score, Atlantica Sustainable Correlation, Atlantica Sustainable Valuation, as well as analyze Atlantica Sustainable Alpha and Beta and Atlantica Sustainable Hype Analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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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.
Quarterly Earnings Growth 1.224 | Dividend Share 1.78 | Earnings Share 0.37 | Revenue Per Share 9.509 | Quarterly Revenue Growth 0.009 |
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.