American Battery Technology Stock Market Value
| ABAT Stock | 0.93 0.02 2.11% |
| Symbol | American |
American Battery Tec Price To Book Ratio
Is Diversified Metals & Mining 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 American Battery. If investors know American 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 American Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 0.007 | Return On Assets (0.31) | Return On Equity (0.86) |
The market value of American Battery Tec is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Battery's value that differs from its market value or its book value, called intrinsic value, which is American Battery'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 American Battery's market value can be influenced by many factors that don't directly affect American Battery'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 American Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Battery'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.
American Battery '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 Battery'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 Battery.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in American Battery on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding American Battery Technology or generate 0.0% return on investment in American Battery over 30 days. American Battery is related to or competes with Fluent, Chemours, Marchex, SBM Offshore, Flexible Solutions, Origin Materials, and Ecolab. Advanced Battery Technologies, Inc., through its subsidiaries, designs, manufactures, markets, and distributes rechargeable polymer lithiumion batteries. More
American Battery 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 Battery'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 Battery Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 27.51 | |||
| Value At Risk | (6.54) | |||
| Potential Upside | 6.74 |
American Battery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Battery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Battery's standard deviation. In reality, there are many statistical measures that can use American Battery historical prices to predict the future American Battery's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | (0.12) |
American Battery Tec Backtested Returns
American Battery Tec secures Sharpe Ratio (or Efficiency) of -0.0205, which signifies that the company had a -0.0205% return per unit of standard deviation over the last 3 months. American Battery Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Battery's risk adjusted performance of (0.01), and Mean Deviation of 2.85 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Battery will likely underperform. At this point, American Battery Tec has a negative expected return of -0.0967%. Please make sure to confirm American Battery's jensen alpha and the relationship between the value at risk and day typical price , to decide if American Battery Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
American Battery Technology has good reverse predictability. Overlapping area represents the amount of predictability between American Battery time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 American Battery Tec price movement. The serial correlation of -0.52 indicates that about 52.0% of current American Battery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
American Battery Tec lagged returns against current returns
Autocorrelation, which is American Battery 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 Battery's stock expected returns. We can calculate the autocorrelation of American Battery returns to help us make a trade decision. For example, suppose you find that American Battery 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 Battery 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 Battery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Battery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Battery stock over time.
Current vs Lagged Prices |
| Timeline |
American Battery Lagged Returns
When evaluating American Battery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Battery stock have on its future price. American Battery 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 Battery autocorrelation shows the relationship between American Battery stock current value and its past values and can show if there is a momentum factor associated with investing in American Battery Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for American Stock Analysis
When running American Battery's price analysis, check to measure American Battery'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 American Battery is operating at the current time. Most of American Battery's value examination focuses on studying past and present price action to predict the probability of American Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Battery's price. Additionally, you may evaluate how the addition of American Battery to your portfolios can decrease your overall portfolio volatility.