Ati Airtest Technologies Stock Performance
| AAT Stock | CAD 0.03 0.00 0.00% |
On a scale of 0 to 100, ATI AirTest holds a performance score of 4. The firm shows a Beta (market volatility) of -2.92, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ATI AirTest are expected to decrease by larger amounts. On the other hand, during market turmoil, ATI AirTest is expected to outperform it. Please check ATI AirTest's jensen alpha, as well as the relationship between the skewness and day typical price , to make a quick decision on whether ATI AirTest's price patterns will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in ATI AirTest Technologies are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, ATI AirTest showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Last Split Date 2024-02-01 |
1 | Closing Bell Ati Airtest Technologies Inc flat on Thursday - The Globe and Mail | 02/08/2024 |
2 | Closing Bell Ati Airtest Technologies Inc flat on Wednesday - The Globe and Mail | 02/21/2024 |
3 | Closing Bell Ati Airtest Technologies Inc flat on Friday - The Globe and Mail | 04/02/2024 |
4 | Closing Bell Ati Airtest Technologies Inc down on Friday - The Globe and Mail | 04/12/2024 |
| Begin Period Cash Flow | 14.3 K |
ATI |
ATI AirTest Relative Risk vs. Return Landscape
If you would invest 2.50 in ATI AirTest Technologies on January 29, 2024 and sell it today you would earn a total of 0.00 from holding ATI AirTest Technologies or generate 0.0% return on investment over 90 days. ATI AirTest Technologies is currently producing 0.582% returns and takes up 10.987% volatility of returns over 90 trading days. Put another way, 97% of traded stocks are less volatile than ATI, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ATI AirTest Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATI AirTest's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ATI AirTest Technologies, and traders can use it to determine the average amount a ATI AirTest's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.053
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Estimated Market Risk
| 10.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average ATI AirTest is performing at about 4% 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 ATI AirTest by adding it to a well-diversified portfolio.
ATI AirTest Fundamentals Growth
ATI Stock prices reflect investors' perceptions of the future prospects and financial health of ATI AirTest, and ATI AirTest fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ATI Stock performance.
| Return On Asset | -0.32 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.35) % | |||
| Current Valuation | 3.09 M | |||
| Shares Outstanding | 64.51 M | |||
| Price To Earning | (1.25) X | |||
| Price To Sales | 0.77 X | |||
| Revenue | 2.09 M | |||
| Gross Profit | 849.36 K | |||
| EBITDA | (693.69 K) | |||
| Net Income | (194.73 K) | |||
| Cash And Equivalents | 26.71 K | |||
| Total Debt | 1.81 M | |||
| Current Ratio | 0.06 X | |||
| Book Value Per Share | (0.1) X | |||
| Cash Flow From Operations | (834.75 K) | |||
| Earnings Per Share | 0.02 X | |||
| Market Capitalization | 1.61 M | |||
| Total Asset | 1.67 M | |||
| Retained Earnings | (20.3 M) | |||
| Working Capital | (3.47 M) | |||
About ATI AirTest Performance
To evaluate ATI AirTest Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ATI AirTest generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ATI Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ATI AirTest Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ATI's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 272.99 | 286.64 | |
| Return On Tangible Assets | (0.22) | (0.24) | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | (0.22) | (0.24) | |
| Return On Equity | 0.11 | 0.10 |
Things to note about ATI AirTest Technologies performance evaluation
Checking the ongoing alerts about ATI AirTest for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ATI AirTest Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ATI AirTest is way too risky over 90 days horizon | |
| ATI AirTest has some characteristics of a very speculative penny stock | |
| ATI AirTest appears to be risky and price may revert if volatility continues | |
| ATI AirTest has high likelihood to experience some financial distress in the next 2 years | |
| The company has accumulated 1.81 M in total debt. ATI AirTest Technologies has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ATI AirTest until it has trouble settling it off, either with new capital or with free cash flow. So, ATI AirTest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ATI AirTest Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ATI to invest in growth at high rates of return. When we think about ATI AirTest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.09 M. Net Loss for the year was (194.73 K) with profit before overhead, payroll, taxes, and interest of 849.36 K. | |
| ATI AirTest Technologies has accumulated about 26.71 K in cash with (834.75 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Closing Bell Ati Airtest Technologies Inc flat on Wednesday - The Globe and Mail |
- Analyzing ATI AirTest's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ATI AirTest's stock is overvalued or undervalued compared to its peers.
- Examining ATI AirTest's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ATI AirTest's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ATI AirTest's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ATI AirTest's stock. These opinions can provide insight into ATI AirTest's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATI AirTest Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for ATI Stock analysis
When running ATI AirTest's price analysis, check to measure ATI AirTest'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 ATI AirTest is operating at the current time. Most of ATI AirTest's value examination focuses on studying past and present price action to predict the probability of ATI AirTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATI AirTest's price. Additionally, you may evaluate how the addition of ATI AirTest to your portfolios can decrease your overall portfolio volatility.
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