Ati Airtest Technologies Stock Today

AAT Stock  CAD 0.03  0.01  25.00%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Over 61

 
100  
 
Zero
Quite High
ATI AirTest is selling for under 0.025 as of the 28th of March 2024; that is 25.00% increase since the beginning of the trading day. The stock's lowest day price was 0.025. ATI AirTest has more than 61 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. ATI AirTest has reported 5 for 1 split on 1st of February 2024. Equity ratings for ATI AirTest Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
ATI Airtest Technologies Inc. manufactures and sells air testing equipment and related services in Canada and the United States. ATI Airtest Technologies Inc. was incorporated in 1996 and is headquartered in Delta, Canada. ATI AIRTEST operates under Specialty Industrial Machinery classification in Exotistan and is traded on Commodity Exchange.. The company has 44.53 M outstanding shares of which 475 shares are presently shorted by private and institutional investors with about 0.01 days to cover all short positions. More on ATI AirTest Technologies

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ATI Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ATI AirTest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ATI AirTest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOGeorge Graham
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
ATI AirTest's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ATI AirTest's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ATI AirTest's financial leverage. It provides some insight into what part of ATI AirTest's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ATI AirTest's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ATI AirTest deploys its capital and how much of that capital is borrowed.
Liquidity
ATI AirTest cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 696.82 K in total debt. ATI AirTest Technologies has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ATI AirTest until it has trouble settling it off, either with new capital or with free cash flow. So, ATI AirTest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ATI AirTest Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ATI to invest in growth at high rates of return. When we think about ATI AirTest's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

605,678
ATI AirTest Technologies (AAT) is traded on TSX Venture Exchange in Canada and employs 9 people. ATI AirTest is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ATI AirTest's market, we take the total number of its shares issued and multiply it by ATI AirTest's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ATI AirTest Technologies classifies itself under Machinery sector and is part of Industrials industry. The entity has 44.53 M outstanding shares of which 475 shares are presently shorted by private and institutional investors with about 0.01 days to cover all short positions. ATI AirTest Technologies has accumulated about 26.71 K in cash with (834.75 K) of positive cash flow from operations.
Check ATI AirTest Probability Of Bankruptcy
Ownership Allocation
ATI AirTest holds a total of 44.53 Million outstanding shares. ATI AirTest Technologies shows 13.29 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ATI Ownership Details

ATI Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of ATI AirTest jumping above the current price in 90 days from now is about 62.26%. The ATI AirTest Technologies probability density function shows the probability of ATI AirTest stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon ATI AirTest Technologies has a beta of -9.0514. This suggests as returns on its benchmark rise, returns on holding ATI AirTest Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ATI AirTest is expected to outperform its benchmark. Moreover, aTI AirTest Technologies has an alpha of 1.8723, implying that it can generate a 1.87 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.025HorizonTargetOdds Above 0.025
37.67%90 days
 0.03 
62.26%
Based on a normal probability distribution, the odds of ATI AirTest to move above the current price in 90 days from now is about 62.26 (This ATI AirTest Technologies probability density function shows the probability of ATI Stock to fall within a particular range of prices over 90 days) .

ATI AirTest Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ATI AirTest market risk premium is the additional return an investor will receive from holding ATI AirTest long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ATI AirTest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ATI AirTest's alpha and beta are two of the key measurements used to evaluate ATI AirTest's performance over the market, the standard measures of volatility play an important role as well.

ATI Stock Against Markets

Picking the right benchmark for ATI AirTest stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ATI AirTest stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ATI AirTest is critical whether you are bullish or bearish towards ATI AirTest Technologies at a given time. Please also check how ATI AirTest's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ATI AirTest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ATI AirTest Corporate Executives

Elected by the shareholders, the ATI AirTest's board of directors comprises two types of representatives: ATI AirTest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ATI. The board's role is to monitor ATI AirTest's management team and ensure that shareholders' interests are well served. ATI AirTest's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ATI AirTest's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy ATI Stock?

Before investing in ATI AirTest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ATI AirTest. To buy ATI AirTest stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ATI AirTest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ATI AirTest stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ATI AirTest Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ATI AirTest Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ATI AirTest Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in ATI AirTest Technologies?

The danger of trading ATI AirTest Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ATI AirTest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ATI AirTest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ATI AirTest Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI AirTest Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running ATI AirTest's price analysis, check to measure ATI AirTest'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 ATI AirTest is operating at the current time. Most of ATI AirTest's value examination focuses on studying past and present price action to predict the probability of ATI AirTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATI AirTest's price. Additionally, you may evaluate how the addition of ATI AirTest to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ATI AirTest's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATI AirTest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATI AirTest'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.