Atmos Stock Alpha and Beta Analysis

ATO
 Stock
  

USD 120.20  1.56  1.31%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Atmos Energy Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Atmos Energy over a specified time horizon. Remember, high Atmos Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Atmos Energy Backtesting, Atmos Energy Valuation, Atmos Energy Correlation, Atmos Energy Hype Analysis, Atmos Energy Volatility, Atmos Energy History and analyze Atmos Energy Performance.
  
Please note that although Atmos Energy alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Atmos Energy did 0.024071  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Atmos Energy Corp stock's relative risk over its benchmark. Atmos Energy Corp has a beta of 1.07  . Let's try to break down what Atmos's beta means in this case. Atmos Energy returns are very sensitive to returns on the market. As the market goes up or down, Atmos Energy is expected to follow.
Price to Book Value is expected to rise to 1.93 this year, although Book Value per Share will most likely fall to 59.04.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

17.47 Billion

Atmos Energy Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Atmos Energy market risk premium is the additional return an investor will receive from holding Atmos Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Atmos Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Atmos Energy's performance over market.
α-0.02   β1.07
90 days against DJI

Atmos Energy expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Atmos Energy's Buy-and-hold return. Our buy-and-hold chart shows how Atmos Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Atmos Energy Market Price Analysis

Market price analysis indicators help investors to evaluate how Atmos 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 Atmos Energy shares will generate the highest return on investment. By understating and applying Atmos Energy stock market price indicators, traders can identify Atmos Energy position entry and exit signals to maximize returns.

Atmos Energy Return and Market Media

The median price of Atmos Energy for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 109.84 with a coefficient of variation of 5.93. The daily time series for the period is distributed with a sample standard deviation of 6.44, arithmetic mean of 108.6, and mean deviation of 5.76. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Atmos Energy exotic insider transaction detected09/16/2022
2
Atmos Energy Corp. stock underperforms Monday when compared ...09/19/2022
3
EPS Estimate09/30/2022
4
Atmos Energy Corp. stock underperforms Thursday when compare...10/06/2022
5
Atmos Energy Corp. stock rises Tuesday, outperforms market -...10/25/2022
6
EPS Reported11/09/2022

About Atmos Energy Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Atmos or other stocks. Alpha measures the amount that position in Atmos Energy Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2022 (projected)
Long Term Debt to Equity0.670.620.75
Interest Coverage9.7610.837.26

Atmos Energy Upcoming Company Events

As portrayed in its financial statements, the presentation of Atmos Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atmos Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Atmos Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Atmos Energy. Please utilize our Beneish M Score to check the likelihood of Atmos Energy's management manipulating its earnings.
Upcoming Quarterly Report8th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of November 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Atmos Energy

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Atmos Energy Backtesting, Atmos Energy Valuation, Atmos Energy Correlation, Atmos Energy Hype Analysis, Atmos Energy Volatility, Atmos Energy History and analyze Atmos Energy Performance. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Atmos Energy Corp price analysis, check to measure Atmos 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 Atmos Energy is operating at the current time. Most of Atmos Energy's value examination focuses on studying past and present price action to predict the probability of Atmos Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atmos Energy's price. Additionally, you may evaluate how the addition of Atmos Energy to your portfolios can decrease your overall portfolio volatility.
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Atmos 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.
A focus of Atmos Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atmos Energy 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...