A10 Networks Stock Statistic Functions Beta

ATEN
 Stock
  

USD 15.36  0.45  3.02%   

A10 Networks statistic functions tool provides the execution environment for running the Beta function and other technical functions against A10 Networks. A10 Networks value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. A10 Networks statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on A10 Networks correlated with the market. If Beta is less than 0 A10 Networks generally moves in the opposite direction as compared to the market. If A10 Networks Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one A10 Networks is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of A10 Networks is generally in the same direction as the market. If Beta > 1 A10 Networks moves generally in the same direction as, but more than the movement of the benchmark.
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A10 Networks Technical Analysis Modules

Most technical analysis of A10 Networks help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for A10 Networks from various momentum indicators to cycle indicators. When you analyze A10 Networks charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About A10 Networks Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of A10 Networks. We use our internally-developed statistical techniques to arrive at the intrinsic value of A10 Networks based on widely used predictive technical indicators. In general, we focus on analyzing A10 Networks Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build A10 Networks's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of A10 Networks's intrinsic value. In addition to deriving basic predictive indicators for A10 Networks, we also check how macroeconomic factors affect A10 Networks price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 2022 (projected)
Receivables Turnover3.954.34.434.07
PPandE Turnover28.5128.9426.9224.37
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of A10 Networks' 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 A10 Networks in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
12.3615.4518.54
Details
Intrinsic
Valuation
LowReal ValueHigh
12.2615.3518.44
Details
Naive
Forecast
LowNext ValueHigh
12.1115.2018.30
Details
2 Analysts
Consensus
LowTarget PriceHigh
16.0018.0020.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as A10 Networks. Your research has to be compared to or analyzed against A10 Networks' peers to derive any actionable benefits. When done correctly, A10 Networks' 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 A10 Networks.

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A10 Networks pair trading

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.

A10 Networks Pair Trading

A10 Networks Pair Trading Analysis

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 Trending Equities. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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
0.63
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0795
Return On Equity
0.64
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.