Athena Technology Shares Owned By Institutions vs. Net Income

ATEK Stock  USD 11.33  0.59  4.95%   
Based on the key profitability measurements obtained from Athena Technology's financial statements, Athena Technology's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Athena Technology's ability to earn profits and add value for shareholders.
For Athena Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Athena Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Athena Technology Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Athena Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Athena Technology Acquisition over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Is Asset Management & Custody Banks 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 Athena Technology. If investors know Athena 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 Athena Technology 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
(0.80)
Earnings Share
(0.06)
Return On Assets
(0.07)
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology'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 Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology'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 Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology'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.

Athena Technology Net Income vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Athena Technology's current stock value. Our valuation model uses many indicators to compare Athena Technology value to that of its competitors to determine the firm's financial worth.
Athena Technology Acquisition is number one stock in shares owned by institutions category among its peers. It also is number one stock in net income category among its peers making up about  92,828  of Net Income per Shares Owned By Institutions. At this time, Athena Technology's Net Income is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Athena Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Athena Net Income vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Athena Technology

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
14.43 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Athena Technology

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
1.34 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Athena Net Income Comparison

Athena Technology is currently under evaluation in net income category among its peers.

Athena Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Athena Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Athena Technology will eventually generate negative long term returns. The profitability progress is the general direction of Athena Technology's change in net profit over the period of time. It can combine multiple indicators of Athena Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-3.7 M-3.5 M
Income Before Tax2.2 M1.5 M
Total Other Income Expense Net4.3 M4.5 M
Net Loss-183.2 K-192.4 K
Net Income1.3 M980.7 K
Income Tax Expense844 K886.2 K
Net Interest Income5.8 M5.2 M
Interest IncomeM5.3 M
Net Income From Continuing Ops1.3 M1.1 M
Change To Netincome-22.4 K-23.5 K
Net Income Per Share 0.07  0.08 
Income Quality(0.67)(0.70)
Net Income Per E B T 0.62  0.80 

Athena Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Athena Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Athena Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Athena Technology's important profitability drivers and their relationship over time.

Use Athena Technology in pair-trading

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 Athena Technology 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 Athena Technology will appreciate offsetting losses from the drop in the long position's value.

Athena Technology Pair Trading

Athena Technology Acquisition Pair Trading Analysis

The ability to find closely correlated positions to Athena Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athena Technology 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 Athena Technology - 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 Athena Technology Acquisition to buy it.
The correlation of Athena Technology 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 Athena Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athena Technology 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 Athena Technology 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Athena Technology position

In addition to having Athena Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Communication Thematic Idea Now

Communication
Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Athena Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Athena Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Athena Technology Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Athena Technology Acquisition Stock:
Check out Trending Equities.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
To fully project Athena Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Athena Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Athena Technology's income statement, its balance sheet, and the statement of cash flows.
Potential Athena Technology investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Athena Technology investors may work on each financial statement separately, they are all related. The changes in Athena Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Athena Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.