Atlas Energy Solutions Stock Price on May 13, 2024
| AESI Stock | 23.73 0.89 3.61% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Energy stands at 23.73, as last reported on the 22nd of May, with the highest price reaching 24.60 and the lowest price hitting 23.62 during the day. Atlas Energy appears to be very steady, given 3 months investment horizon. Atlas Energy Solutions secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atlas Energy Solutions, which you can use to evaluate the volatility of the firm. Please makes use of Atlas Energy's Risk Adjusted Performance of 0.1254, mean deviation of 1.45, and Downside Deviation of 2.04 to double-check if our risk estimates are consistent with your expectations.
Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = 0.2054
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Atlas Energy is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlas Energy by adding it to a well-diversified portfolio.
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Atlas Energy Valuation on May 13, 2024
It is possible to determine the worth of Atlas Energy on a given historical date. On May 13, 2024 Atlas was worth 22.71 at the beginning of the trading date compared to the closed value of 22.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Energy stock. Still, in general, we apply an absolute valuation method to find Atlas Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atlas Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Energy's related companies.
| Open | High | Low | Close | Volume | |
| 23.01 | 23.12 | 22.51 | 22.51 | 670,200 | |
05/13/2024 | 22.71 | 22.90 | 22.37 | 22.37 | 426,200 |
| 22.58 | 23.39 | 22.58 | 23.14 | 510,300 |
| Backtest Atlas Energy | | | Atlas Energy History | | | Atlas Energy Valuation | Previous | Next |
Atlas Energy Trading Date Momentum on May 13, 2024
| On May 14 2024 Atlas Energy Solutions was traded for 23.14 at the closing time. The top price for the day was 23.39 and the lowest listed price was 22.58 . The trading volume for the day was 510.3 K. The trading history from May 14, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 3.44% . The overall trading delta against the current closing price is 9.97% . |
Atlas Energy Solutions Fundamentals Correlations and Trends
By evaluating Atlas Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Atlas Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atlas Energy Stock history
Atlas Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Energy Solutions will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Atlas Energy stock prices may prove useful in developing a viable investing in Atlas Energy
Atlas Energy Stock Technical Analysis
Atlas Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Atlas Energy Period Price Range
Low | May 13, 2024
| High |
22.71 | 22.37 |
Atlas Energy May 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Energy shares will generate the highest return on investment. By undertsting and applying Atlas Energy stock market strength indicators, traders can identify Atlas Energy Solutions entry and exit signals to maximize returns
Atlas Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Energy's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1254 | |||
| Jensen Alpha | 0.3576 | |||
| Total Risk Alpha | 0.1763 | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | 0.4065 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Atlas Stock analysis
When running Atlas Energy's price analysis, check to measure Atlas Energy'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 Atlas Energy is operating at the current time. Most of Atlas Energy's value examination focuses on studying past and present price action to predict the probability of Atlas Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Energy's price. Additionally, you may evaluate how the addition of Atlas Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atlas Energy's industry 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 Atlas Energy. If investors know Atlas 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 Atlas Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atlas Energy Solutions is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Energy's value that differs from its market value or its book value, called intrinsic value, which is Atlas Energy'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 Atlas Energy's market value can be influenced by many factors that don't directly affect Atlas Energy'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 Atlas Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Energy'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.