Aterian Stock Market Value
| ATER Stock | USD 2.35 0.02 0.84% |
| Symbol | Aterian |
Aterian Price To Book Ratio
Is Household Appliances 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 Aterian. If investors know Aterian 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 Aterian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.61) | Revenue Per Share 15.591 | Quarterly Revenue Growth (0.34) | Return On Assets (0.17) | Return On Equity (0.50) |
The market value of Aterian is measured differently than its book value, which is the value of Aterian that is recorded on the company's balance sheet. Investors also form their own opinion of Aterian's value that differs from its market value or its book value, called intrinsic value, which is Aterian'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 Aterian's market value can be influenced by many factors that don't directly affect Aterian'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 Aterian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aterian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aterian'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.
Aterian '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 Aterian'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 Aterian.
| 06/18/2024 |
| 12/15/2024 |
If you would invest 0.00 in Aterian on June 18, 2024 and sell it all today you would earn a total of 0.00 from holding Aterian or generate 0.0% return on investment in Aterian over 180 days. Aterian is related to or competes with Flexsteel Industries, Natuzzi SpA, Crown Crafts, Bassett Furniture, Hooker Furniture, and Ethan Allen. Aterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North Ameri... More
Aterian 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 Aterian'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 Aterian upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 5.06 |
Aterian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aterian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aterian's standard deviation. In reality, there are many statistical measures that can use Aterian historical prices to predict the future Aterian's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aterian'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.
Aterian Backtested Returns
Aterian secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Aterian exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aterian's mean deviation of 2.18, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.3, 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, Aterian will likely underperform. At this point, Aterian has a negative expected return of -0.42%. Please make sure to confirm Aterian's total risk alpha, as well as the relationship between the skewness and day median price , to decide if Aterian performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
Aterian has good reverse predictability. Overlapping area represents the amount of predictability between Aterian time series from 18th of June 2024 to 16th of September 2024 and 16th of September 2024 to 15th 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 Aterian price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Aterian price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Aterian lagged returns against current returns
Autocorrelation, which is Aterian 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 Aterian's stock expected returns. We can calculate the autocorrelation of Aterian returns to help us make a trade decision. For example, suppose you find that Aterian 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 |
Aterian 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 Aterian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aterian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aterian stock over time.
Current vs Lagged Prices |
| Timeline |
Aterian Lagged Returns
When evaluating Aterian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aterian stock have on its future price. Aterian 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, Aterian autocorrelation shows the relationship between Aterian stock current value and its past values and can show if there is a momentum factor associated with investing in Aterian.
Regressed Prices |
| Timeline |
Pair Trading with Aterian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aterian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aterian will appreciate offsetting losses from the drop in the long position's value.Moving against Aterian Stock
| 0.75 | WHR | Whirlpool | PairCorr |
| 0.74 | AS | Amer Sports, | PairCorr |
| 0.72 | BH | Biglari Holdings | PairCorr |
| 0.66 | FLXS | Flexsteel Industries | PairCorr |
| 0.65 | EM | Smart Share Global | PairCorr |
The ability to find closely correlated positions to Aterian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aterian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aterian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aterian to buy it.
The correlation of Aterian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aterian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aterian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aterian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Aterian Stock Analysis
When running Aterian's price analysis, check to measure Aterian'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 Aterian is operating at the current time. Most of Aterian's value examination focuses on studying past and present price action to predict the probability of Aterian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aterian's price. Additionally, you may evaluate how the addition of Aterian to your portfolios can decrease your overall portfolio volatility.