American Tower (Germany) Market Value
| A0T Stock | EUR 175.62 0.24 0.14% |
| Symbol | American |
American Tower '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 American Tower'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 American Tower.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in American Tower on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding American Tower Corp or generate 0.0% return on investment in American Tower over 30 days. American Tower is related to or competes with PotlatchDeltic, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant c... More
American Tower 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 American Tower'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 American Tower Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.82 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 1.95 |
American Tower Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Tower's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Tower's standard deviation. In reality, there are many statistical measures that can use American Tower historical prices to predict the future American Tower's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (4.09) |
American Tower Corp Backtested Returns
American Tower Corp secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. American Tower Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Tower's risk adjusted performance of (0.1), and Mean Deviation of 1.17 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0519, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Tower's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Tower is expected to be smaller as well. At this point, American Tower Corp has a negative expected return of -0.19%. Please make sure to confirm American Tower's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if American Tower Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
American Tower Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between American Tower time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Tower Corp price movement. The serial correlation of -0.71 indicates that around 71.0% of current American Tower price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 2.37 |
American Tower Corp lagged returns against current returns
Autocorrelation, which is American Tower 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 American Tower's stock expected returns. We can calculate the autocorrelation of American Tower returns to help us make a trade decision. For example, suppose you find that American Tower 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
American Tower 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 American Tower stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Tower stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Tower stock over time.
Current vs Lagged Prices |
| Timeline |
American Tower Lagged Returns
When evaluating American Tower's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Tower stock have on its future price. American Tower 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, American Tower autocorrelation shows the relationship between American Tower stock current value and its past values and can show if there is a momentum factor associated with investing in American Tower Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in American Stock
When determining whether American Tower Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Tower Corp Stock. Highlighted below are key reports to facilitate an investment decision about American Tower Corp Stock:Check out American Tower Correlation, American Tower Volatility and American Tower Alpha and Beta module to complement your research on American Tower. 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.
American Tower 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.