Atour Lifestyle Holdings Stock Market Value
| ATAT Stock | 17.86 0.27 1.53% |
| Symbol | Atour |
Atour Lifestyle Holdings Price To Book Ratio
Is Atour Lifestyle'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 Atour Lifestyle. If investors know Atour 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 Atour Lifestyle 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 1.133 | Earnings Share 1 | Revenue Per Share 34.509 | Quarterly Revenue Growth 1.404 | Return On Assets 0.1018 |
The market value of Atour Lifestyle Holdings is measured differently than its book value, which is the value of Atour that is recorded on the company's balance sheet. Investors also form their own opinion of Atour Lifestyle's value that differs from its market value or its book value, called intrinsic value, which is Atour Lifestyle'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 Atour Lifestyle's market value can be influenced by many factors that don't directly affect Atour Lifestyle'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 Atour Lifestyle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atour Lifestyle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atour Lifestyle'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.
Atour Lifestyle '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 Atour Lifestyle'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 Atour Lifestyle.
| 06/09/2022 |
| 05/29/2024 |
If you would invest 0.00 in Atour Lifestyle on June 9, 2022 and sell it all today you would earn a total of 0.00 from holding Atour Lifestyle Holdings or generate 0.0% return on investment in Atour Lifestyle over 720 days. Atour Lifestyle is related to or competes with Yatra Online, Despegar Corp, Mondee Holdings, Tuniu Corp, TripAdvisor, and Travel Leisure. Atour Lifestyle is entity of United States More
Atour Lifestyle 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 Atour Lifestyle'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 Atour Lifestyle Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 3.15 |
Atour Lifestyle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atour Lifestyle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atour Lifestyle's standard deviation. In reality, there are many statistical measures that can use Atour Lifestyle historical prices to predict the future Atour Lifestyle's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atour Lifestyle'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.
Atour Lifestyle Holdings Backtested Returns
Atour Lifestyle Holdings secures Sharpe Ratio (or Efficiency) of -0.0547, which signifies that the company had a -0.0547% return per unit of risk over the last 3 months. Atour Lifestyle Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atour Lifestyle's Standard Deviation of 1.97, mean deviation of 1.5, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atour Lifestyle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atour Lifestyle is expected to be smaller as well. Atour Lifestyle Holdings has an expected return of -0.11%. Please make sure to confirm Atour Lifestyle Holdings information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Atour Lifestyle Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Atour Lifestyle Holdings has good predictability. Overlapping area represents the amount of predictability between Atour Lifestyle time series from 9th of June 2022 to 4th of June 2023 and 4th of June 2023 to 29th of May 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 Atour Lifestyle Holdings price movement. The serial correlation of 0.67 indicates that around 67.0% of current Atour Lifestyle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.99 |
Atour Lifestyle Holdings lagged returns against current returns
Autocorrelation, which is Atour Lifestyle 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 Atour Lifestyle's stock expected returns. We can calculate the autocorrelation of Atour Lifestyle returns to help us make a trade decision. For example, suppose you find that Atour Lifestyle 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 |
Atour Lifestyle 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 Atour Lifestyle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atour Lifestyle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atour Lifestyle stock over time.
Current vs Lagged Prices |
| Timeline |
Atour Lifestyle Lagged Returns
When evaluating Atour Lifestyle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atour Lifestyle stock have on its future price. Atour Lifestyle 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, Atour Lifestyle autocorrelation shows the relationship between Atour Lifestyle stock current value and its past values and can show if there is a momentum factor associated with investing in Atour Lifestyle Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Atour Lifestyle
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 Atour Lifestyle 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 Atour Lifestyle will appreciate offsetting losses from the drop in the long position's value.Moving together with Atour Stock
| 0.8 | WH | Wyndham Hotels Resorts | PairCorr |
Moving against Atour Stock
| 0.54 | DPZ | Dominos Pizza | PairCorr |
| 0.48 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.41 | SG | Sweetgreen | PairCorr |
The ability to find closely correlated positions to Atour Lifestyle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atour Lifestyle 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 Atour Lifestyle - 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 Atour Lifestyle Holdings to buy it.
The correlation of Atour Lifestyle 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 Atour Lifestyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atour Lifestyle Holdings 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 Atour Lifestyle 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.Check out Atour Lifestyle Correlation, Atour Lifestyle Volatility and Atour Lifestyle Alpha and Beta module to complement your research on Atour Lifestyle. Note that the Atour Lifestyle Holdings information on this page should be used as a complementary analysis to other Atour Lifestyle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Atour Stock analysis
When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle'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 Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.
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Atour Lifestyle 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.