Fathom Digital Manufacturing Stock Alpha and Beta Analysis

FATH Stock  USD 4.50  0.01  0.22%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fathom Digital Manufacturing. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fathom Digital over a specified time horizon. Remember, high Fathom Digital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fathom Digital's market risk premium analysis include:
Sharpe Ratio
Expected Return
Please note that although Fathom Digital alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Fathom Digital did 0.05  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Fathom Digital Manufacturing stock's relative risk over its benchmark. Fathom Digital Manuf has a beta of 0.82  . 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. As of now, Fathom Digital's Book Value per Share is decreasing as compared to previous years. The Fathom Digital's current Tangible Assets Book Value per Share is estimated to increase to 38.09, while Enterprise Value over EBIT is projected to decrease to (0.92).

Enterprise Value

385.12 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Check out Fathom Digital Backtesting, Fathom Digital Valuation, Fathom Digital Correlation, Fathom Digital Hype Analysis, Fathom Digital Volatility, Fathom Digital History and analyze Fathom Digital Performance.

Fathom Digital Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fathom Digital market risk premium is the additional return an investor will receive from holding Fathom Digital 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 Fathom Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fathom Digital's performance over market.
α-0.05   β0.82

Fathom Digital expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fathom Digital's Buy-and-hold return. Our buy-and-hold chart shows how Fathom Digital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Fathom Digital Market Price Analysis

Market price analysis indicators help investors to evaluate how Fathom Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fathom Digital shares will generate the highest return on investment. By understating and applying Fathom Digital stock market price indicators, traders can identify Fathom Digital position entry and exit signals to maximize returns.

Fathom Digital Return and Market Media

The median price of Fathom Digital for the period between Tue, Dec 5, 2023 and Mon, Mar 4, 2024 is 4.47 with a coefficient of variation of 3.7. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 4.46, and mean deviation of 0.1. The Stock received some media coverage during the period.
 Price Growth (%)  
Financial Statements
Fathom Digital Amends Credit Terms, Secures Extension - TipRanks.com - TipRanks
Payment of 197 shares by Mark Frost of Fathom Digital subject to Rule 16b-3

About Fathom Digital Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fathom or other stocks. Alpha measures the amount that position in Fathom Digital Manuf has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
Book Value per Share17.9216.1316.55
Asset Turnover0.160.140.15

Fathom Digital Upcoming Company Events

As portrayed in its financial statements, the presentation of Fathom Digital's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fathom Digital's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fathom Digital's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fathom Digital. Please utilize our Beneish M Score to check the likelihood of Fathom Digital's management manipulating its earnings.
13th of February 2024
Upcoming Quarterly Report
31st of December 2023
Next Fiscal Quarter End

Build Portfolio with Fathom Digital

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Fathom Digital Manuf offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fathom Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fathom Digital Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fathom Digital Manufacturing Stock:

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.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.
A focus of Fathom Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fathom Digital 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...