Anterix Stock Market Value

ATEX Stock  USD 36.25  0.66  1.79%   
Anterix's market value is the price at which a share of Anterix stock trades on a public exchange. It measures the collective expectations of Anterix investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Anterix and determine expected loss or profit from investing in Anterix over a given investment horizon. Please continue to Anterix Correlation, Anterix Volatility and Anterix Alpha and Beta module to complement your research on Anterix.
Symbol


Is Anterix'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 Anterix. If investors know Anterix 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 Anterix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
699.8 M
Quarterly Revenue Growth
1.187
Return On Assets
(0.13) 
Return On Equity
(0.25) 
The market value of Anterix is measured differently than its book value, which is the value of Anterix that is recorded on the company's balance sheet. Investors also form their own opinion of Anterix's value that differs from its market value or its book value, called intrinsic value, which is Anterix'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 Anterix's market value can be influenced by many factors that don't directly affect Anterix'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 Anterix's value and its price as these two are different measures arrived at by different means. Investors typically determine Anterix value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anterix'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.

Anterix 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Anterix's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Anterix.
0.00
12/29/2022
No Change 0.00  0.0 
In 31 days
01/28/2023
0.00
If you would invest  0.00  in Anterix on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Anterix or generate 0.0% return on investment in Anterix over 30 days. Anterix is related to or competes with Chunghwa Telecom, ATT, Telefonica, Telkom Indonesia, Telus Corp, Verizon Communications, and LYFT. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure cu... More

Anterix Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Anterix's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Anterix upside and downside potential and time the market with a certain degree of confidence.

Anterix Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Anterix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anterix's standard deviation. In reality, there are many statistical measures that can use Anterix historical prices to predict the future Anterix's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Anterix's 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. Please use the tools below to analyze the current value of Anterix in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
33.5136.1638.81
Details
Intrinsic
Valuation
LowReal ValueHigh
32.6344.1746.82
Details
3 Analysts
Consensus
LowTarget PriceHigh
65.0070.3375.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Anterix. Your research has to be compared to or analyzed against Anterix's peers to derive any actionable benefits. When done correctly, Anterix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Anterix.

Anterix Backtested Returns

Anterix secures Sharpe Ratio (or Efficiency) of -0.0219, which signifies that the company had -0.0219% of return per unit of risk over the last 3 months. 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. Anterix exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Anterix Downside Deviation of 2.35, risk adjusted performance of 0.1228, and Mean Deviation of 2.29 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.0251, which signifies a somewhat significant risk relative to the market. Let's try to break down what Anterix's beta means in this case. Anterix returns are very sensitive to returns on the market. As the market goes up or down, Anterix is expected to follow. Even though it is essential to pay attention to Anterix historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Anterix exposes twenty-one different technical indicators, which can help you to evaluate its performance. Anterix has an expected return of -0.0581%. Please be advised to confirm Anterix variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Anterix performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.08  

Virtually no predictability

Anterix has virtually no predictability. Overlapping area represents the amount of predictability between Anterix time series from 29th of December 2022 to 13th of January 2023 and 13th of January 2023 to 28th of January 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Anterix price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Anterix price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.38

Anterix lagged returns against current returns

Autocorrelation, which is Anterix stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Anterix's stock expected returns. We can calculate the autocorrelation of Anterix returns to help us make a trade decision. For example, suppose you find that Anterix stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Anterix regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Anterix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anterix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anterix stock over time.
   Current vs Lagged Prices   
       Timeline  

Anterix Lagged Returns

When evaluating Anterix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anterix stock have on its future price. Anterix autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Anterix autocorrelation shows the relationship between Anterix stock current value and its past values and can show if there is a momentum factor associated with investing in Anterix.
   Regressed Prices   
       Timeline  

Anterix Investors Sentiment

The influence of Anterix'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 Anterix. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Anterix's public news can be used to forecast risks associated with investment in Anterix. The trend in average sentiment can be used to explain how an investor holding Anterix can time the market purely based on public headlines and social activities around Anterix. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Anterix'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 Anterix'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 Anterix's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Anterix.
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 Anterix 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, Anterix's short interest history, or implied volatility extrapolated from Anterix options trading.

Pair Trading with Anterix

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 Anterix 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 Anterix will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Anterix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anterix 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 Anterix - 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 Anterix to buy it.
The correlation of Anterix is a statistical measure of how it moves in relation to other equities. 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 Anterix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anterix 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 Anterix 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.
Pair CorrelationCorrelation Matching
Please continue to Anterix Correlation, Anterix Volatility and Anterix Alpha and Beta module to complement your research on Anterix. Note that the Anterix information on this page should be used as a complementary analysis to other Anterix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Anterix price analysis, check to measure Anterix'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 Anterix is operating at the current time. Most of Anterix's value examination focuses on studying past and present price action to predict the probability of Anterix's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Anterix's price. Additionally, you may evaluate how the addition of Anterix to your portfolios can decrease your overall portfolio volatility.
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Anterix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Anterix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Anterix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...