Atkore International Group Stock Price on April 9, 2024

ATKR Stock  USD 141.72  1.93  1.34%   
Below is the normalized historical share price chart for Atkore International Group extending back to June 10, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Atkore International stands at 141.72, as last reported on the 7th of June, with the highest price reaching 144.84 and the lowest price hitting 140.49 during the day.
IPO Date
10th of June 2016
200 Day MA
152.9875
50 Day MA
168.0138
Beta
2.158
 
Covid
If you're considering investing in Atkore Stock, it is important to understand the factors that can impact its price. Atkore International secures Sharpe Ratio (or Efficiency) of -0.0933, which signifies that the company had a -0.0933% return per unit of risk over the last 3 months. Atkore International Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atkore International's Standard Deviation of 2.57, mean deviation of 1.84, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
  
At this time, Atkore International's Total Stockholder Equity is relatively stable compared to the past year. As of 06/07/2024, Common Stock Shares Outstanding is likely to grow to about 43.5 M, while Liabilities And Stockholders Equity is likely to drop slightly above 1.8 B. . At this time, Atkore International's Price Fair Value is relatively stable compared to the past year. Atkore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0933

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Estimated Market Risk

 2.59
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Atkore International is not performing at its full potential. However, 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 Atkore International by adding Atkore International to a well-diversified portfolio.
Price Book
4.199
Enterprise Value Ebitda
7.0423
Price Sales
1.811
Shares Float
36 M
Dividend Share
0.32

Related Headline

Enersys Headline on 9th of April 2024

Filed transaction by Enersys Officer President, Specialty Global. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Atkore International Valuation on April 9, 2024

It is possible to determine the worth of Atkore International on a given historical date. On April 9, 2024 Atkore was worth 181.47 at the beginning of the trading date compared to the closed value of 176.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atkore International stock. Still, in general, we apply an absolute valuation method to find Atkore International'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 Atkore International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atkore International's related companies.
 Open High Low Close Volume
  184.92    185.47    180.83    180.83    399,661  
04/09/2024
  181.47    181.81    176.73    176.73    436,992  
  171.83    175.59    170.01    172.39    578,351  
Backtest Atkore International  |  Atkore International History  |  Atkore International Valuation   PreviousNext  
Open Value
181.47
173.69
Downside
176.73
Closing Value
189.25
Upside

Atkore International Trading Date Momentum on April 9, 2024

On April 10 2024 Atkore International Group was traded for  172.39  at the closing time. The top price for the day was 175.59  and the lowest listed price was  170.01 . The trading volume for the day was 578.4 K. The trading history from April 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.46% . The overall trading delta against the current closing price is 3.63% .

Atkore International Fundamentals Correlations and Trends

By evaluating Atkore International'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 Atkore International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atkore financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Atkore International Stock history

Atkore International 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 Atkore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atkore International 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 Atkore International stock prices may prove useful in developing a viable investing in Atkore International
Last ReportedProjected for Next Year
Common Stock Shares Outstanding35.4 M43.5 M
Net Income Applicable To Common Shares781.2 M820.2 M

Atkore International Quarterly Net Working Capital

1.06 Billion

Atkore International Stock Technical Analysis

Atkore International 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.
A focus of Atkore International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atkore International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Atkore International Period Price Range

Low
April 9, 2024
-4.74  -2.61%
High

 181.47 

     

 176.73 

Atkore International June 7, 2024 Market Strength

Market strength indicators help investors to evaluate how Atkore International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atkore International shares will generate the highest return on investment. By undertsting and applying Atkore International stock market strength indicators, traders can identify Atkore International Group entry and exit signals to maximize returns

Atkore International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Atkore International's price direction in advance. Along with the technical and fundamental analysis of Atkore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atkore 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.

Additional Tools for Atkore Stock Analysis

When running Atkore International's price analysis, check to measure Atkore International'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 Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.