Ata Creativity Global Stock Market Value
| AACG Stock | USD 1.00 0.02 1.96% |
| Symbol | ATA |
ATA Creativity Global Price To Book Ratio
Is Diversified Consumer Services 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 ATA Creativity. If investors know ATA 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 ATA Creativity 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 3.119 | Earnings Share (0.18) | Revenue Per Share 7.962 | Quarterly Revenue Growth 0.131 | Return On Assets (0.07) |
The market value of ATA Creativity Global is measured differently than its book value, which is the value of ATA that is recorded on the company's balance sheet. Investors also form their own opinion of ATA Creativity's value that differs from its market value or its book value, called intrinsic value, which is ATA Creativity'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 ATA Creativity's market value can be influenced by many factors that don't directly affect ATA Creativity'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 ATA Creativity's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATA Creativity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATA Creativity'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.
ATA Creativity '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 ATA Creativity'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 ATA Creativity.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in ATA Creativity on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding ATA Creativity Global or generate 0.0% return on investment in ATA Creativity over 30 days. ATA Creativity is related to or competes with Universal Technical, Cogna Educacao, Sunlands Technology, American Public, Skillful Craftsman, China Liberal, and Bright Scholar. ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its ... More
ATA Creativity 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 ATA Creativity'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 ATA Creativity Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.65 | |||
| Information Ratio | 0.1468 | |||
| Maximum Drawdown | 31.55 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 8.6 |
ATA Creativity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATA Creativity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATA Creativity's standard deviation. In reality, there are many statistical measures that can use ATA Creativity historical prices to predict the future ATA Creativity's volatility.| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.8555 | |||
| Total Risk Alpha | 0.0217 | |||
| Sortino Ratio | 0.1663 | |||
| Treynor Ratio | 2.57 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATA Creativity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ATA Creativity Global Backtested Returns
ATA Creativity is abnormally volatile given 3 months investment horizon. ATA Creativity Global retains Efficiency (Sharpe Ratio) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use ATA Creativity Global coefficient of variation of 578.18, and Market Risk Adjusted Performance of 2.58 to evaluate company specific risk that cannot be diversified away. ATA Creativity holds a performance score of 14 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATA Creativity's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATA Creativity is expected to be smaller as well. Use ATA Creativity Global mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to analyze future returns on ATA Creativity Global.
Auto-correlation | 0.22 |
Weak predictability
ATA Creativity Global has weak predictability. Overlapping area represents the amount of predictability between ATA Creativity time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ATA Creativity Global price movement. The serial correlation of 0.22 indicates that over 22.0% of current ATA Creativity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ATA Creativity Global lagged returns against current returns
Autocorrelation, which is ATA Creativity 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 ATA Creativity's stock expected returns. We can calculate the autocorrelation of ATA Creativity returns to help us make a trade decision. For example, suppose you find that ATA Creativity 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 |
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ATA Creativity 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 ATA Creativity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATA Creativity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATA Creativity stock over time.
Current vs Lagged Prices |
| Timeline |
ATA Creativity Lagged Returns
When evaluating ATA Creativity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATA Creativity stock have on its future price. ATA Creativity 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, ATA Creativity autocorrelation shows the relationship between ATA Creativity stock current value and its past values and can show if there is a momentum factor associated with investing in ATA Creativity Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether ATA Creativity Global is a strong investment it is important to analyze ATA Creativity'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 ATA Creativity's future performance. For an informed investment choice regarding ATA Stock, refer to the following important reports:Check out ATA Creativity Correlation, ATA Creativity Volatility and ATA Creativity Alpha and Beta module to complement your research on ATA Creativity. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
ATA Creativity 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.