American Stock Performance

AMT
 Stock
  

USD 220.08  1.83  0.84%   

The firm shows a Beta (market volatility) of 1.1968, which signifies a somewhat significant risk relative to the market. Let's try to break down what American's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Tower will likely underperform. Even though it is essential to pay attention to American Tower Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. American Tower Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. American Tower Corp has an expected return of -0.22%. Please be advised to confirm American Tower Corp maximum drawdown, and the relationship between the information ratio and expected short fall to decide if American Tower Corp performance from the past will be repeated at some point in the near future.
  
American Performance
0 of 100
Over the last 90 days American Tower Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's primary indicators remain comparatively stable which may send shares a bit higher in December 2022. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0269
Payout Ratio
0.9
Forward Annual Dividend Rate
5.88
Dividend Date
2022-10-26
Ex Dividend Date
2022-10-07

American Price Channel

Quick Ratio0.49
Fifty Two Week Low178.17
Target High Price280.00
Fifty Two Week High294.40
Payout Ratio90.46%
Trailing Annual Dividend Yield2.63%
Target Low Price209.00

American Tower Relative Risk vs. Return Landscape

If you would invest  25,784  in American Tower Corp on August 28, 2022 and sell it today you would lose (3,776)  from holding American Tower Corp or give up 14.64% of portfolio value over 90 days. American Tower Corp is generating negative expected returns assuming volatility of 2.4324% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than American, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon American Tower is expected to under-perform the market. In addition to that, the company is 1.77 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

American Tower Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for American Tower's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as American Tower Corp, and traders can use it to determine the average amount a American Tower'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 = -0.0898

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Negative ReturnsAMT
Estimated Market Risk
 2.43
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 -0.22
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.09
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average American Tower is performing at about 0% 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 American Tower by adding it to a well-diversified portfolio.

About American Tower Performance

To evaluate American Tower Corp 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 American Tower 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 American 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 American Tower Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents American'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 ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-70.3 M-72.2 M
Return on Investment 7.67  8.93 
Return on Average Assets 4.38  3.93 
Return on Average Equity 55.97  60.39 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.40  0.34 

Things to note about American Tower Corp

Checking the ongoing alerts about American Tower for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for American Tower Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

American Tower Alerts

Equity Alerts and Improvement Suggestions

American Tower Corp generated a negative expected return over the last 90 days
The company has 46.66 B in debt with debt to equity (D/E) ratio of 3.79, meaning that the company heavily relies on borrowing funds for operations. American Tower Corp has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist American Tower until it has trouble settling it off, either with new capital or with free cash flow. So, American Tower'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 American Tower Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Tower's use of debt, we should always consider it together with cash and equity.
Over 93.0% of American Tower shares are held by institutions such as insurance companies
On 26th of October 2022 American Tower paid $ 1.47 per share dividend to its current shareholders
Latest headline from news.google.com: American Tower Buying The Dip - Seeking Alpha
Please continue to Trending Equities. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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Is American Tower'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 American Tower. If investors know American 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 American Tower 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
0.14
Market Capitalization
102.5 B
Quarterly Revenue Growth YOY
0.088
Return On Assets
0.0312
Return On Equity
0.26
The market value of American Tower Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Tower's value that differs from its market value or its book value, called intrinsic value, which is American Tower'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 American Tower's market value can be influenced by many factors that don't directly affect American Tower'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 American Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine American Tower value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Tower'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.