Atlas Corp Stock Price on May 23, 2024

ATCOL Stock  USD 25.13  0.02  0.08%   
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Corp stands at 25.13, as last reported on the 20th of December, with the highest price reaching 25.19 and the lowest price hitting 25.13 during the day. As of now, Atlas Stock is very steady. Atlas Corp secures Sharpe Ratio (or Efficiency) of 0.0767, which signifies that the company had a 0.0767% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atlas Corp, which you can use to evaluate the volatility of the firm. Please confirm Atlas Corp's Downside Deviation of 0.3763, risk adjusted performance of 0.045, and Mean Deviation of 0.2423 to double-check if the risk estimate we provide is consistent with the expected return of 0.0274%.
  
At this time, Atlas Corp's Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 13.6 B this year, although the value of Common Stock will most likely fall to about 2.4 M. . At this time, Atlas Corp's Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 4.31 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 0.09. Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0767

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Estimated Market Risk

 0.36
  actual daily
3
97% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Atlas Corp is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlas Corp by adding it to a well-diversified portfolio.
Book Value
22.176
Enterprise Value
14.2 B
Shares Float
73.2 M
Market Capitalization
3.4 B
Shares Short Prior Month
111

Atlas Corp Main Headline on 23rd of May 2024

Atlas Corp. to be Acquired by Poseidon Acquisition Corp. for 15.50 in Cash Per Share The Globe and Mail

Atlas Corp Valuation on May 23, 2024

It is possible to determine the worth of Atlas Corp on a given historical date. On May 23, 2024 Atlas was worth 23.62 at the beginning of the trading date compared to the closed value of 23.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Corp stock. Still, in general, we apply an absolute valuation method to find Atlas Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atlas Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Corp's related companies.
 Open High Low Close Volume
  23.60    23.61    23.60    23.61    960.00  
05/23/2024
  23.62    23.93    23.54    23.54    2,094  
  23.68    23.68    23.68    23.68    617.00  
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Open Value
23.62
23.54
Closing Value
24.69
Upside

Atlas Corp Trading Date Momentum on May 23, 2024

On May 24 2024 Atlas Corp was traded for  23.68  at the closing time. The highest daily price throughout the period was 23.68  and the lowest price was  23.68 . The daily volume was 617. The net trading volume on 05/24/2024 added to the next day price upswing. The overall trading delta to closing price of the next trading day was 0.59% . The overall trading delta to current closing price is 1.27% .

Atlas Corp Fundamentals Correlations and Trends

By evaluating Atlas Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Atlas Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlas financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Atlas Corp Stock history

Atlas Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Atlas Corp stock prices may prove useful in developing a viable investing in Atlas Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding334.4 M351.1 M
Net Income Applicable To Common Shares453.7 M322.4 M

Atlas Corp Stock Technical Analysis

Atlas Corp 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 Atlas Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atlas Corp 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...

Price Boundaries

Atlas Corp Period Price Range

Low
December 20, 2024
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High

 0.00 

     

 0.00 

Atlas Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Atlas Corp December 20, 2024 Market Strength

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

Atlas Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Atlas Corp's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Atlas Corp is a strong investment it is important to analyze Atlas Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlas Corp's future performance. For an informed investment choice regarding Atlas Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.
You can also try the Positions Ratings module to 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.
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.