American Tower Corp Stock Market Value
| AMT Stock | USD 209.00 0.30 0.14% |
| Symbol | American |
American Tower Corp Price To Book Ratio
Is Telecom Tower REITs 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 Tower. 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 Tower 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 0.882 | Dividend Share 6.56 | Earnings Share 4.14 | Revenue Per Share 23.926 | Return On Assets 0.0445 |
The market value of American Tower Corp 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 Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower'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 Tower's market value can be influenced by many factors that don't directly affect American Tower'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 Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower'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 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.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in American Tower on June 3, 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 180 days. American Tower is related to or competes with Digital Realty, Equinix, SBA Communications, Iron Mountain, Crown Castle, Hannon Armstrong, and Gaming Leisure. American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of m... 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 | 11.15 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.99 |
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 | (0.04) | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.1098 |
American Tower Corp Backtested Returns
American Tower Corp secures Sharpe Ratio (or Efficiency) of -0.0812, which signifies that the company had a -0.0812% return per unit of standard deviation over the last 3 months. American Tower Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Tower's mean deviation of 1.1, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.91, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning American Tower are expected to decrease slowly. On the other hand, during market turmoil, American Tower is expected to outperform it slightly. At this point, American Tower Corp has a negative expected return of -0.13%. Please make sure to confirm American Tower's total risk alpha, as well as the relationship between the skewness and day median price , to decide if American Tower Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
American Tower Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between American Tower time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 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 American Tower Corp price movement. The serial correlation of -0.84 indicates that around 84.0% of current American Tower price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 185.77 |
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 |
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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 |
Thematic Opportunities
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Additional Tools for American Stock Analysis
When running American Tower's price analysis, check to measure American Tower'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 Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower'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 Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.