Altice Usa Stock Market Value
| ATUS Stock | USD 2.60 0.09 3.59% |
| Symbol | Altice |
Altice USA Price To Book Ratio
Is Cable & Satellite 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 Altice USA. If investors know Altice 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 Altice USA 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 (0.82) | Earnings Share (0.37) | Revenue Per Share 19.688 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0355 |
The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA'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 Altice USA's market value can be influenced by many factors that don't directly affect Altice USA'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 Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA'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.
Altice USA '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 Altice USA'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 Altice USA.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Altice USA on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Altice USA or generate 0.0% return on investment in Altice USA over 30 days. Altice USA is related to or competes with Merck, Pharvaris, Brinker International, Alcoa Corp, Direxion Daily, Collegium Pharmaceutical, and Blue Owl. Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United Sta... More
Altice USA 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 Altice USA'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 Altice USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0963 | |||
| Maximum Drawdown | 21.0 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 7.02 |
Altice USA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altice USA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altice USA's standard deviation. In reality, there are many statistical measures that can use Altice USA historical prices to predict the future Altice USA's volatility.| Risk Adjusted Performance | 0.1067 | |||
| Jensen Alpha | 0.4507 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1363 | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altice USA'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.
Altice USA Backtested Returns
Altice USA appears to be risky, given 3 months investment horizon. Altice USA secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Altice USA's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please makes use of Altice USA's Risk Adjusted Performance of 0.1067, mean deviation of 2.93, and Downside Deviation of 2.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Altice USA holds a performance score of 12. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altice USA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altice USA is expected to be smaller as well. Please check Altice USA's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Altice USA's price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Altice USA has very weak predictability. Overlapping area represents the amount of predictability between Altice USA time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Altice USA price movement. The serial correlation of 0.17 indicates that over 17.0% of current Altice USA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Altice USA lagged returns against current returns
Autocorrelation, which is Altice USA 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 Altice USA's stock expected returns. We can calculate the autocorrelation of Altice USA returns to help us make a trade decision. For example, suppose you find that Altice USA 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 |
Altice USA 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 Altice USA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altice USA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altice USA stock over time.
Current vs Lagged Prices |
| Timeline |
Altice USA Lagged Returns
When evaluating Altice USA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altice USA stock have on its future price. Altice USA 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, Altice USA autocorrelation shows the relationship between Altice USA stock current value and its past values and can show if there is a momentum factor associated with investing in Altice USA.
Regressed Prices |
| Timeline |
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Additional Tools for Altice Stock Analysis
When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.