Fathom Digital Manufacturing Stock Market Value
| FATH Stock | USD 4.49 0.39 7.99% |
| Symbol | Fathom |
Fathom Digital Manuf Valuation
Is Fathom Digital'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 Fathom Digital. If investors know Fathom 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 Fathom Digital 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 (0.89) | Earnings Share (17.56) | Revenue Per Share 40.998 | Quarterly Revenue Growth (0.22) | Return On Assets (0.0214) |
The market value of Fathom Digital Manuf is measured differently than its book value, which is the value of Fathom that is recorded on the company's balance sheet. Investors also form their own opinion of Fathom Digital's value that differs from its market value or its book value, called intrinsic value, which is Fathom Digital'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 Fathom Digital's market value can be influenced by many factors that don't directly affect Fathom Digital'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 Fathom Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fathom Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fathom Digital'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.
Fathom Digital '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 Fathom Digital'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 Fathom Digital.
| 11/06/2023 |
| 12/06/2023 |
If you would invest 0.00 in Fathom Digital on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Fathom Digital Manufacturing or generate 0.0% return on investment in Fathom Digital over 30 days. Fathom Digital is related to or competes with Video Display, Voxeljet, Canaan, 3D Systems, One Stop, Strong Global, and Seagate Technology. Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturi... More
Fathom Digital 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 Fathom Digital'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 Fathom Digital Manufacturing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 42.25 | |||
| Value At Risk | (11.19) | |||
| Potential Upside | 17.53 |
Fathom Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fathom Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fathom Digital's standard deviation. In reality, there are many statistical measures that can use Fathom Digital historical prices to predict the future Fathom Digital's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (4.04) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fathom Digital'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 Fathom Digital in the context of predictive analytics.
Fathom Digital Manuf Backtested Returns
Fathom Digital Manuf secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had -0.11% of return per unit of risk over the last 3 months. Our standpoint towards predicting 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. Fathom Digital Manufacturing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm Fathom Digital Manuf Mean Deviation of 5.29, standard deviation of 7.58, and Variance of 57.41 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.1631, which means not very significant fluctuations relative to the market. As returns on the market increase, Fathom Digital returns are expected to increase less than the market. However, during the bear market, the loss on holding Fathom Digital will be expected to be smaller as well. Fathom Digital Manufacturing exposes twenty-two different technical indicators, which can help you to evaluate its performance. Fathom Digital Manuf has an expected return of -0.84%. Please make sure to confirm Fathom Digital Manuf skewness, as well as the relationship between the rate of daily change and price action indicator to decide if Fathom Digital Manuf performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Fathom Digital Manufacturing has poor reverse predictability. Overlapping area represents the amount of predictability between Fathom Digital time series from 6th of November 2023 to 21st of November 2023 and 21st of November 2023 to 6th of December 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 Fathom Digital Manuf price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Fathom Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Fathom Digital Manuf lagged returns against current returns
Autocorrelation, which is Fathom Digital 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 Fathom Digital's stock expected returns. We can calculate the autocorrelation of Fathom Digital returns to help us make a trade decision. For example, suppose you find that Fathom Digital 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 |
Fathom Digital 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 Fathom Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fathom Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fathom Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Fathom Digital Lagged Returns
When evaluating Fathom Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fathom Digital stock have on its future price. Fathom Digital 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, Fathom Digital autocorrelation shows the relationship between Fathom Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Fathom Digital Manufacturing.
Regressed Prices |
| Timeline |
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 Fathom Digital 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, Fathom Digital's short interest history, or implied volatility extrapolated from Fathom Digital options trading.
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Check out Fathom Digital Correlation, Fathom Digital Volatility and Fathom Digital Alpha and Beta module to complement your research on Fathom Digital. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Fathom Stock analysis
When running Fathom Digital's price analysis, check to measure Fathom Digital'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 Fathom Digital is operating at the current time. Most of Fathom Digital's value examination focuses on studying past and present price action to predict the probability of Fathom Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fathom Digital's price. Additionally, you may evaluate how the addition of Fathom Digital to your portfolios can decrease your overall portfolio volatility.
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Fathom Digital 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.