Atmos Stock Market Value

ATO
 Stock
  

USD 115.27  0.80  0.70%   

Atmos Energy's market value is the price at which a share of Atmos Energy stock trades on a public exchange. It measures the collective expectations of Atmos Energy Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Atmos Energy Corp and determine expected loss or profit from investing in Atmos Energy over a given investment horizon. Please continue to Atmos Energy Hype Analysis, Atmos Energy Correlation, Atmos Energy Valuation, Atmos Energy Volatility, as well as analyze Atmos Energy Alpha and Beta and Atmos Energy Performance.
Symbol


Is Atmos Energy'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 Atmos Energy. If investors know Atmos 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 Atmos Energy 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
0.18
Market Capitalization
16 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0279
Return On Equity
0.0882
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy'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 Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy'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 Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy'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.

Atmos Energy '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 Atmos Energy'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 Atmos Energy.
0.00
07/17/2021
No Change 0.00  0.0 
In 1 year and 26 days
08/11/2022
0.00
If you would invest  0.00  in Atmos Energy on July 17, 2021 and sell it all today you would earn a total of 0.00 from holding Atmos Energy Corp or generate 0.0% return on investment in Atmos Energy over 390 days. Atmos Energy is related to or competes with Centerpoint Energy, Chesapeake Utilities, Veru, KE Holdings, T-Mobile, Apple, and American Express. Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipelin...More

Atmos Energy 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 Atmos Energy'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 Atmos Energy Corp upside and downside potential and time the market with a certain degree of confidence.

Atmos Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Atmos Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atmos Energy's standard deviation. In reality, there are many statistical measures that can use Atmos Energy historical prices to predict the future Atmos Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Atmos Energy'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. Please use the tools below to analyze the current value of Atmos Energy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
113.77115.19116.61
Details
Intrinsic
Valuation
LowReal ValueHigh
111.92113.34126.80
Details
Naive
Forecast
LowNext ValueHigh
112.02113.44114.86
Details
9 Analysts
Consensus
LowTarget PriceHigh
101.00112.83126.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atmos Energy. Your research has to be compared to or analyzed against Atmos Energy's peers to derive any actionable benefits. When done correctly, Atmos Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Atmos Energy Corp.

Atmos Energy Corp Backtested Returns

We consider Atmos Energy very steady. Atmos Energy Corp secures Sharpe Ratio (or Efficiency) of 0.037, which signifies that the company had 0.037% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Atmos Energy Corp, which you can use to evaluate the future volatility of the firm. Please confirm Atmos Energy Corp Mean Deviation of 1.03, downside deviation of 1.58, and Risk Adjusted Performance of 0.0374 to double-check if the risk estimate we provide is consistent with the expected return of 0.0525%.
Atmos Energy has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6435, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Atmos's beta means in this case. As returns on the market increase, Atmos Energy returns are expected to increase less than the market. However, during the bear market, the loss on holding Atmos Energy will be expected to be smaller as well. Although it is important to respect Atmos Energy Corp historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Atmos Energy Corp technical indicators, you can presently evaluate if the expected return of 0.0525% will be sustainable into the future. Atmos Energy Corp right now shows a risk of 1.42%. Please confirm Atmos Energy Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Atmos Energy Corp will be following its price patterns.

Auto-correlation

    
  -0.25  

Weak reverse predictability

Atmos Energy Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Atmos Energy time series from 17th of July 2021 to 28th of January 2022 and 28th of January 2022 to 11th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Atmos Energy Corp price movement. The serial correlation of -0.25 indicates that over 25.0% of current Atmos Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.25
Spearman Rank Test0.02
Residual Average0.0
Price Variance23.4

Atmos Energy Corp lagged returns against current returns

Autocorrelation, which is Atmos Energy 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 Atmos Energy's stock expected returns. We can calculate the autocorrelation of Atmos Energy returns to help us make a trade decision. For example, suppose you find that Atmos Energy stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Atmos Energy 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 Atmos Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atmos Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atmos Energy stock over time.
   Current vs Lagged Prices   
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       Timeline  

Atmos Energy Lagged Returns

When evaluating Atmos Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atmos Energy stock have on its future price. Atmos Energy 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, Atmos Energy autocorrelation shows the relationship between Atmos Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Atmos Energy Corp.
   Regressed Prices   
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       Timeline  

Atmos Energy Investors Sentiment

The influence of Atmos Energy's 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 Atmos. 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 Atmos Energy's public news can be used to forecast risks associated with investment in Atmos. The trend in average sentiment can be used to explain how an investor holding Atmos can time the market purely based on public headlines and social activities around Atmos Energy Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Atmos Energy's 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 Atmos Energy's 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 Atmos Energy's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Atmos Energy.

Atmos Energy Implied Volatility

    
  31.27  
Atmos Energy's implied volatility exposes the market's sentiment of Atmos Energy Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Atmos Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Atmos Energy stock will not fluctuate a lot when Atmos Energy's options are near their expiration.
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 Atmos Energy 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, Atmos Energy's short interest history, or implied volatility extrapolated from Atmos Energy options trading.

Pair Trading with Atmos Energy

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 Atmos Energy 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 Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Energy

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0.84NJRNewjersey Resources Corp Fiscal Year End 17th of November 2022 PairCorr
The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy 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 Atmos Energy - 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 Atmos Energy Corp to buy it.
The correlation of Atmos Energy 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 Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy Corp 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 Atmos Energy 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 Atmos Energy Hype Analysis, Atmos Energy Correlation, Atmos Energy Valuation, Atmos Energy Volatility, as well as analyze Atmos Energy Alpha and Beta and Atmos Energy Performance. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Atmos Stock analysis

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...