A10 Networks Beta

ATEN
 Stock
  

USD 18.56  0.56  3.11%   

A10 Networks fundamentals help investors to digest information that contributes to A10 Networks' financial success or failures. It also enables traders to predict the movement of A10 Networks Stock. The fundamental analysis module provides a way to measure A10 Networks' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to A10 Networks stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

A10 Networks Beta Analysis

A10 Networks' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2019 2020 2021 2022 (projected)
Tangible Asset Value270.44 M288.64 M391.78 M330.92 M
Market Capitalization527.74 M756.35 M1.29 B1.03 B
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current A10 Networks Beta

    
  0.99  
Most of A10 Networks' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, A10 Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

A10 Networks Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for A10 Networks is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Beta. Since A10 Networks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of A10 Networks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of A10 Networks' interrelated accounts and indicators.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, A10 Networks has a Beta of 0.99. This is 6.6% lower than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry. The beta for all United States stocks is notably lower than that of the firm.

A10 Networks Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses A10 Networks' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of A10 Networks could also be used in its relative valuation, which is a method of valuing A10 Networks by comparing valuation metrics of similar companies.
A10 Networks is currently under evaluation in beta category among related companies.

A10 Networks Current Valuation Drivers

We derive many important indicators used in calculating different scores of A10 Networks from analyzing A10 Networks' financial statements. These drivers represent accounts that assess A10 Networks' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of A10 Networks' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(12.88 K)(33.11 K)(22 K)23.72 K160.82 K173.52 K
Revenue Per Employee281.95 K278.44 K262.5 K300.28 K423.8 K343.45 K
Average Assets220.12 M230.34 M240.45 M279.39 M338.81 M304.88 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(3.27 M)(21.28 M)(12.09 M)21.93 M35.99 M38.83 M
Earnings Before Interest Taxes and Depreciation Amortization USD(872 K)(18.53 M)(6.15 M)30.44 M40.55 M43.75 M
Earnings before Tax(9.54 M)(26.54 M)(16.41 M)19.14 M31.64 M34.14 M
Average Equity91.6 M100.45 M101.51 M115.45 M165.41 M133.38 M
Enterprise Value506.28 M424.34 M491.68 M673.28 M1.2 B1.29 B
Free Cash Flow8.58 M(5.49 M)(4.77 M)51.72 M44.93 M48.47 M
Invested Capital79.07 M92.83 M127.12 M97.58 M196.77 M212.3 M
Invested Capital Average77 M87.82 M106.14 M104.3 M154.87 M167.09 M
Market Capitalization546.2 M460.5 M527.74 M756.35 M1.29 B1.03 B
Tangible Asset Value218.36 M230.82 M270.44 M288.64 M391.78 M330.92 M
Working Capital111.08 M117.57 M123.36 M134.52 M167.93 M140.12 M

A10 Networks Institutional Holders

Institutional Holdings refers to the ownership stake in A10 Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of A10 Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing A10 Networks' value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K97 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K94 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K112 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K91 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K76 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K65 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K66 K
Let's try to break down what A10 Networks's beta means in this case. A10 Networks returns are very sensitive to returns on the market. As the market goes up or down, A10 Networks is expected to follow.

A10 Networks Fundamentals

About A10 Networks Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze A10 Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of A10 Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of A10 Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
A10 Networks, Inc. provides networking solutions in the Americas, Japan, other Asia Pacific, and EMEA countries. A10 Networks, Inc. was incorporated in 2004 and is headquartered in San Jose, California. A10 Networks operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 590 people.

A10 Networks Investors Sentiment

The influence of A10 Networks' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in A10 Networks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to A10 Networks' public news can be used to forecast risks associated with investment in A10 Networks. The trend in average sentiment can be used to explain how an investor holding A10 Networks can time the market purely based on public headlines and social activities around A10 Networks. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
A10 Networks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for A10 Networks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average A10 Networks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on A10 Networks.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards A10 Networks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, A10 Networks' short interest history, or implied volatility extrapolated from A10 Networks options trading.

Pair Trading with A10 Networks

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 A10 Networks 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 A10 Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with A10 Networks

+0.69ORCLOracle Corp Earnings Call  Next WeekPairCorr

Moving against A10 Networks

-0.79CRWDCrowdstrike Holdings Downward RallyPairCorr
The ability to find closely correlated positions to A10 Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Networks 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 A10 Networks - 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 A10 Networks to buy it.
The correlation of A10 Networks is a statistical measure of how it moves in relation to other equities. 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 A10 Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Networks 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 A10 Networks 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.
Pair CorrelationCorrelation Matching
Please continue to A10 Networks Piotroski F Score and A10 Networks Altman Z Score analysis. Note that the A10 Networks information on this page should be used as a complementary analysis to other A10 Networks' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for A10 Networks Stock analysis

When running A10 Networks price analysis, check to measure A10 Networks' 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 A10 Networks is operating at the current time. Most of A10 Networks' value examination focuses on studying past and present price action to predict the probability of A10 Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A10 Networks' price. Additionally, you may evaluate how the addition of A10 Networks to your portfolios can decrease your overall portfolio volatility.
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Is A10 Networks' 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 A10 Networks. If investors know A10 Networks 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 A10 Networks 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 YOY
(0.83) 
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0837
Return On Equity
0.22
The market value of A10 Networks is measured differently than its book value, which is the value of A10 Networks that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Networks' value that differs from its market value or its book value, called intrinsic value, which is A10 Networks' 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 A10 Networks' market value can be influenced by many factors that don't directly affect A10 Networks' 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 A10 Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine A10 Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Networks' 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.