We consider Fathom Digital moderately volatile.
Fathom Digital Manuf secures Sharpe Ratio (or Efficiency) of 0.0192, which denotes the company had 0.0192% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. We have found twenty-eight
technical indicators for Fathom Digital Manufacturing, which you can use to evaluate the future volatility of the firm. Please confirm Fathom Digital Manuf Coefficient Of Variation of 5258.06,
downside deviation of 7.41, and Mean Deviation of 3.34 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Fathom Digital income statement, its balance sheet, and the statement of cash flows. Potential Fathom Digital investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Fathom Digital investors may use each financial statement separately, they are all related. The changes in Fathom Digital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fathom Digital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Fathom Digital
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Fathom Digital performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Fathom Digital shares is the value that is considered the true value of the share. If
the intrinsic value of Fathom is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Fathom Digital. Please read more on our
fundamental analysis page.
How effective is Fathom Digital in utilizing its assets?
Fathom Digital Manufacturing reports assets on its Balance Sheet. It represents the amount of Fathom resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Fathom Digital aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Electronic Equipment, Instruments & Components space. To get a better handle on how balance sheet or income statements item affect Fathom volatility, please check the breakdown of all its
fundamentals.
Are Fathom Digital Earnings Expected to grow?
The
future earnings power of Fathom Digital involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Fathom Digital factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Fathom Digital
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Fathom
expected earnings.
Fathom Digital Gross Profit
Fathom Digital Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Fathom Digital previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Fathom Digital Gross Profit growth over the last 10 years. Please check Fathom Digital's
gross profit and other
fundamental indicators for more details.
Detailed Perspective On Fathom Digital
The modest gains experienced by current holders of Fathom Digital could raise concerns from stockholders as the firm it trading at a share price of
10.24 on
1,249,079 in volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in
December. The stock standard deviation of daily returns for 90 days investing horizon is currently 7.09. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Fathom Digital partners.
Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Fathom implies not a very effective usage of assets in January.
| Assets Non Current178.9 M | Goodwill151.2 M |
| Current Assets | 32.8 Million | 9.04 |
| Assets Non Current | 178.91 Million | 49.29 |
| Goodwill | 151.24 Million | 41.67 |
Fathom Digital implied volatility may change after the rise
The mean deviation is down to 3.34 as of today. Fathom Digital Manufacturing is displaying above-average volatility over the selected time horizon. Investors should scrutinize Fathom Digital Manufacturing independently to ensure intended market timing strategies are aligned with expectations about Fathom Digital volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Fathom Digital's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Fathom Digital's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Fathom Digital Implied Volatility
Fathom Digital's implied volatility exposes the market's sentiment of Fathom Digital Manufacturing stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fathom Digital'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 Fathom Digital stock will not fluctuate a lot when Fathom Digital's options are near their expiration.
While some other entities under the computer hardware industry are still a bit expensive, Fathom Digital may offer a potential longer-term growth to stockholders. The inconsistency in the assessment between current Fathom valuation and our trade advice on Fathom Digital is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Fathom Digital.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile 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 Fathom Digital Manufacturing. Please refer to our
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