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ATAX
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$18.42
Change
+$0.12 (+0.66%)
Capitalization
405.13M

ATAX Price Prediction, America First Multifamily Investors LP AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

ATAX in upward trend: price expected to rise as it breaks its lower Bollinger Band on June 16, 2022

ATAX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 21 of 29 cases where ATAX's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 72%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 24, 2022. You may want to consider a long position or call options on ATAX as a result. In of 109 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ATAX just turned positive on June 23, 2022. Looking at past instances where ATAX's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

ATAX moved above its 50-day moving average on June 17, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ATAX crossed bullishly above the 50-day moving average on May 26, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ATAX advanced for three days, in of 224 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 274 cases where ATAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ATAX moved out of overbought territory on June 10, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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 (1.192) is normal, around the industry mean (4.174). P/E Ratio (7.930) is within average values for comparable stocks, (80.230). ATAX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.189). Dividend Yield (0.074) settles around the average of (0.043) among similar stocks. P/S Ratio (4.751) is also within normal values, averaging (19.459).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.

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

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

ATAX is expected to report earnings to fall 47.96% to 50 cents per share on August 08

America First Multifamily Investors LP ATAX Stock Earnings Reports
Q2'22
Est.
$0.51
Q1'22
Beat
by $0.38
Q4'21
Beat
by $0.30
Q3'21
Beat
by $0.01
Q2'21
Missed
by $0.01
The last earnings report on May 05 showed earnings per share of 98 cents, beating the estimate of 60 cents. With 24.07K shares outstanding, the current market capitalization sits at 405.13M.
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A.I.Advisor
published Dividends

ATAX is expected to pay dividends on July 29, 2022

America First Multifamily Investors LP ATAX Stock Dividends
A dividend of $0.57 per share will be paid with a record date of July 29, 2022, and an ex-dividend date of June 29, 2022. The last dividend of $0.11 was paid on April 29. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), PayPal Holdings (NASDAQ:PYPL), Capital One Financial (NYSE:COF), Discover Financial Services (NYSE:DFS), United Rentals (NYSE:URI), Synchrony Financial (NYSE:SYF), SLM Corp (NASDAQ:SLM), Bread Financial Holdings (NYSE:BFH).

Industry description

A leasing company (e.g. United Rentals, Inc. ) is typically the legal owner of the asset for the duration of the lease, while the lessee has operating control over the asset while also having some share of the economic risks and returns from the change in the valuation of the underlying asset. Per capita disposable income and corporate earnings or cash flow could be some of the critical metrics for this business – the higher the values of these metrics, the potentially greater ability of consumers/businesses to afford apartments/office spaces for rent. Other finance companies include credit/debit card payment processing companies (e.g. Visa Inc. and Mastercard), private label credit cards providers (e.g. Synchrony Financial) and automobile finance companies (e.g. Credit Acceptance Corporation).

Market Cap

The average market capitalization across the Finance/Rental/Leasing Industry is 7.29B. The market cap for tickers in the group ranges from 10.32K to 421.52B. V holds the highest valuation in this group at 421.52B. The lowest valued company is CAFI at 10.32K.

High and low price notable news

The average weekly price growth across all stocks in the Finance/Rental/Leasing Industry was -2%. For the same Industry, the average monthly price growth was -8%, and the average quarterly price growth was -16%. BWMY experienced the highest price growth at 80%, while WEIDY experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Finance/Rental/Leasing Industry was -63%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was -7%

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: 66
Price Growth Rating: 66
SMR Rating: 53
Profit Risk Rating: 81
Seasonality Score: 1 (-100 ... +100)
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published General Information

General Information

a holder of a portfolio of federally tax-exempt mortgage revenue bonds

Industry FinanceRentalLeasing

Profile
Fundamentals
Details
Industry
Investment Trusts Or Mutual Funds
Address
14301 FNB Parkway
Phone
+1 402 952-1235
Employees
5
Web
https://www.ataxfund.com

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ATAX and

Correlation & Price change

A.I.dvisor indicates that over the last year, ATAX has been loosely correlated with ALLY. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if ATAX jumps, then ALLY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ATAX
1D Price
Change %
ATAX100%
+0.55%
ALLY - ATAX
42%
Loosely correlated
+2.06%
NNI - ATAX
42%
Loosely correlated
+1.17%
HEES - ATAX
40%
Loosely correlated
+0.48%
WSC - ATAX
39%
Loosely correlated
+1.51%
SLM - ATAX
39%
Loosely correlated
+3.76%
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