Atrion Story

<div class='circular--portrait' style='background:#754DEB;color: #F0FFF0;font-size:3em;'>ATR</div>
ATRI -- USA Stock  

USD 638.62  23.32  3.79%

It seems as Atrion may not have a good chance to recover from the current drop as its shares fell again. The company's current daily volatility is 1.68 percent, with a beta of 0.08 and an alpha of -0.1 over DOW. As many millenniums are trying to avoid the current volatility, we are going to concentrate on Atrion a little further to understand its historical price patterns. We will cover the possibilities of making Atrion into a steady grower in December.
Published over three weeks ago
View all stories for Atrion | View All Stories
Is Atrion (NASDAQ:ATRI) stock way too aggressive for baby boomers?
Atrion currently holds roughly 30.67 M in cash with 37.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.77. Macroaxis provides advice on Atrion to complement and cross-verify current analyst consensus on Atrion. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.
Investing in Atrion, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Atrion along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Atrion's Liquidity

Atrion financial leverage refers to using borrowed capital as a funding source to finance Atrion ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Atrion financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Atrion's total debt and its cash.

How Atrion utilizes its cash?

To perform a cash flow analysis of Atrion, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Atrion is receiving and how much cash it distributes out in a given period. The Atrion cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Atrion Net Cash Flow from Operations is most likely to increase significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 42.47 Million

Atrion Correlation with Peers

Investors in Atrion can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Atrion. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Atrion and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Atrion is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Atrion for more details

Acquisition by Preston Athey of tradable shares of Atrion subject to Rule 16b-3

Legal trades by Atrion insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Atrion insider trading alert for grant of common stock by Preston Athey, the corporate stakeholder, on 2nd of July 2020. This event was filed by Atrion Corp with SEC on 2020-07-02. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper look at Atrion

Atrion secures Sharpe Ratio (or Efficiency) of -0.0552, which signifies that the company had -0.0552% of return per unit of risk over the last month. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Atrion exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Atrion risk adjusted performance of (0.06), and Mean Deviation of 1.27 to double-check the risk estimate we provide.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Atrion has 88 percent chance to stay above $614 in 2 months

Current coefficient of variation is at -1938.38. As of the 8th of November, Atrion shows the risk adjusted performance of (0.06), and Mean Deviation of 1.27. Atrion technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Atrion, which can be compared to its rivals. Please confirm Atrion standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Atrion is priced correctly, providing market reflects its regular price of 602.1 per share. Given that Atrion has jensen alpha of (0.1), we suggest you to validate Atrion's prevailing market performance to make sure the company can sustain itself at a future point.

Our Conclusion on Atrion

While some firms in the medical instruments & supplies industry are either recovering or due for a correction, Atrion may not be performing as strong as the other in terms of long-term growth potentials. All things considered, as of the 8th of November 2020, our analysis shows that Atrion barely shadows the market. The company is overvalued and projects below average chance of financial distress for the next 2 years. Our ongoing 30 days buy-or-sell advice on the company is Cautious Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Atrion. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to