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Jun 26, 2023

Revolutionizing Home Furnishing Returns: AI Achieves a Stunning 83.15% for ATER in Just 1 Year

The Home Furnishings Industry is widely recognized for its cyclical and often volatile nature. Despite these challenges, our AI-powered Swing Trader Deep Trend Analysis (TA) strategy has masterfully navigated the turbulence, generating a staggering 83.15% return for ATER over the past year.

Industry Overview: Market Capitalization

Among the diverse selection of companies in the Home Furnishings Industry, the average market capitalization stands at 2.06B. Ranging from a mere 1.04K to a massive 27.96B, the industry displays a broad spectrum of company sizes. HRSHF leads the pack with the highest valuation of 27.96B, whereas the smaller enterprise, KMFI, takes the lower end of the scale at 1.04K.

Price Swings: Peaks and Troughs

The Home Furnishings Industry has endured a difficult period with an average weekly price growth of -3%. Over the same period, the average monthly price growth has slightly improved to -2%, while the quarterly price growth remains neutral at 0%. The shining star amidst this gloom has been HBB, achieving the highest price growth of 12%. In contrast, FTDL witnessed the most significant decline, tumbling down by -51%.

Volume Trends

On a brighter note, the industry saw an average weekly volume growth of 28%, which escalated to a staggering 284% and 287% for the monthly and quarterly growth, respectively.

ATER: The Star Performer

ATER recently experienced a record-breaking one-day volume growth of 585%, significantly higher than the 65-Day Volume Moving Average, pushing its total volume to 6.7M. Despite a minor -3.40% price change leaving ATER's price at $0.44, this volume move could signal a shift in trend. Such dramatic volume changes often precede price movements and can be a powerful buy signal for investors. In fact, based on A.I.dvisor's study of 104 similar cases, 96 proved to be successful. This success rate gives a compelling odds of success of +90%.

Even amidst industry turbulence, our AI Swing Trader Deep Trend Analysis strategy has proven its prowess, delivering an extraordinary 83.15% return for ATER over the past year. The case of ATER underscores the ability of AI to tap into deep market trends and turn them into profitable trading strategies. As AI continues to evolve and refine its capabilities, its potential to transform trading and investment strategies only grows more exciting.

Related Ticker: ATER

ATER's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ATER turned positive on August 28, 2023. Looking at past instances where ATER's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where ATER's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on August 31, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ATER as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ATER declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ATER entered a downward trend on September 28, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.563) is normal, around the industry mean (9.062). P/E Ratio (0.000) is within average values for comparable stocks, (22.304). ATER's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.127). Dividend Yield (0.000) settles around the average of (0.064) among similar stocks. P/S Ratio (0.120) is also within normal values, averaging (8.276).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ATER’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ATER’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

Notable companies

The most notable companies in this group are Whirlpool Corp (NYSE:WHR), iRobot Corp (NASDAQ:IRBT).

Industry description

The home furnishings industry includes companies that sell items like furniture, appliances, rugs, cooking utensils, and art objects. According to Mordor Intelligence, the U.S. home decor market is estimated to grow at CAGR 7.5% between 2019 and 2024. The market is being increasingly penetrated by e-commerce and m-commerce, while growing urbanization, and, consumers’ rising interest towards home decor are driving demand for the industry. Mohawk Industries, Inc., La-Z-Boy Incorporated, Leggett & Platt, Incorporated are some of the prominent companies in this space. Being usually discretionary for consumers, demand for furnishings could be affected by macroeconomic cycles.

Market Cap

The average market capitalization across the Home Furnishings Industry is 2.56B. The market cap for tickers in the group ranges from 1.04K to 30.25B. HRSHF holds the highest valuation in this group at 30.25B. The lowest valued company is KMFI at 1.04K.

High and low price notable news

The average weekly price growth across all stocks in the Home Furnishings Industry was 0%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -2%. VIRC experienced the highest price growth at 24%, while AUVIP experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Home Furnishings Industry was 2%. For the same stocks of the Industry, the average monthly volume growth was 25% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 45
P/E Growth Rating: 51
Price Growth Rating: 59
SMR Rating: 67
Profit Risk Rating: 82
Seasonality Score: -4 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a technology enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances, beauty related products and consumer electronics. The company was founded by Yaniv Sarig Zion in 2014 and is headquartered in New York, NY.

Industry HomeFurnishings

Profile
Fundamentals
Details
Industry
N/A
Address
37 East 18th Street
Phone
+1 347 676-1681
Employees
275
Web
https://www.aterian.io
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ATER and

Correlation & Price change

A.I.dvisor tells us that ATER and WHR have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ATER and WHR's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ATER
1D Price
Change %
ATER100%
+4.82%
WHR - ATER
31%
Poorly correlated
+0.41%
SNBR - ATER
31%
Poorly correlated
+1.11%
LOVE - ATER
31%
Poorly correlated
+0.56%
MLKN - ATER
27%
Poorly correlated
+4.22%
LZB - ATER
25%
Poorly correlated
-0.80%
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