Atea ASA (ATEAY)

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Atea ASA (ATEAY) is up 5.7% since the beginning of the year. At $8 per share, ATEAY is trading 9.5% below its 52-week high of $9.

Atea ASA (ATEAY) has returned 5.71% so far this year and 14.63% over the past 12 months.

Based on dividend-adjusted daily data since Sep 30, 2021, ATEAY's average daily return is +0.12%, while the average monthly return is +2.12%. At this rate, an investment would double in approximately 2.8 years.

Historically, 42% of months were positive and 58% were negative. The best month was Oct 2022 with a return of +119.1%, while the worst month was Apr 2022 at -36.9%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ATEAY closed higher 8% of trading days. The best single day was Oct 28, 2022 with a return of +119.1%, while the worst single day was Apr 19, 2022 at -38.2%.

Atea ASA has an annualized alpha of 33.09%, beta of 0.16, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 30, 2021.

• This stock participated in 70.61% of S&P 500 Index downside but only 44.98% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.16 may look defensive, but with R2 of 0.00 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.00 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ATEAY ranks 63 for risk / return — above 63% of stocks peers on PortfoliosLab. Its historical combined result is above most peers.

Atea ASA provided a 4.45% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The company has been increasing its dividends for 4 consecutive years.

The table displays the monthly dividend distributions for Atea ASA. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Atea ASA. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Atea ASA was 59.64%, occurring on Jan 18, 2023. Recovery took 328 trading sessions.

The current Atea ASA drawdown is 9.55%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Atea ASA over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Atea ASA is priced in the market compared to other companies in the Information Technology Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.