Atlas Corp Stock Probability of Future Stock Price Finishing Under 22.66
| ATCOL Stock | USD 25.10 0.02 0.08% |
Atlas |
Atlas Corp Target Price Odds to finish below 22.66
The tendency of Atlas Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 22.66 or more in 90 days |
| 25.10 | 90 days | 22.66 | near 1 |
Based on a normal probability distribution, the odds of Atlas Corp to drop to $ 22.66 or more in 90 days from now is near 1 (This Atlas Corp probability density function shows the probability of Atlas Stock to fall within a particular range of prices over 90 days) . Probability of Atlas Corp price to stay between $ 22.66 and its current price of $25.1 at the end of the 90-day period is about 80.64 .
Assuming the 90 days horizon Atlas Corp has a beta of -0.0659. This suggests as returns on the benchmark increase, returns on holding Atlas Corp are expected to decrease at a much lower rate. During a bear market, however, Atlas Corp is likely to outperform the market. Additionally Atlas Corp has an alpha of 0.0209, implying that it can generate a 0.0209 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Atlas Corp Price Density |
| Price |
Predictive Modules for Atlas Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Atlas Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Atlas Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Atlas Corp is not an exception. The market had few large corrections towards the Atlas Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Atlas Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Atlas Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.21 |
Atlas Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Atlas Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Atlas Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Atlas Corp has accumulated 6.51 B in total debt with debt to equity ratio (D/E) of 1.48, which is about average as compared to similar companies. Atlas Corp has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Atlas Corp's use of debt, we should always consider it together with its cash and equity. | |
| On 30th of October 2024 Atlas Corp paid $ 0.4453 per share dividend to its current shareholders |
Atlas Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Atlas Stock often depends not only on the future outlook of the current and potential Atlas Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Atlas Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 290.8 M | |
| Cash And Short Term Investments | 280 M |
Atlas Corp Technical Analysis
Atlas Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Atlas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Atlas Corp. In general, you should focus on analyzing Atlas Stock price patterns and their correlations with different microeconomic environments and drivers.
Atlas Corp Predictive Forecast Models
Atlas Corp's time-series forecasting models is one of many Atlas Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Atlas Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Atlas Corp
Checking the ongoing alerts about Atlas Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Atlas Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Atlas Corp has accumulated 6.51 B in total debt with debt to equity ratio (D/E) of 1.48, which is about average as compared to similar companies. Atlas Corp has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Atlas Corp's use of debt, we should always consider it together with its cash and equity. | |
| On 30th of October 2024 Atlas Corp paid $ 0.4453 per share dividend to its current shareholders |
Check out Atlas Corp Backtesting, Atlas Corp Valuation, Atlas Corp Correlation, Atlas Corp Hype Analysis, Atlas Corp Volatility, Atlas Corp History as well as Atlas Corp Performance. For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Cargo Ground Transportation space 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 Atlas Corp. If investors know Atlas 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 Atlas Corp 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 1.408 | Earnings Share 1.736 | Revenue Per Share 9.517 | Quarterly Revenue Growth 0.297 | Return On Assets 0.0431 |
The market value of Atlas Corp is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlas Corp'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 Atlas Corp's market value can be influenced by many factors that don't directly affect Atlas Corp'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 Atlas Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Corp'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.