Positive context积极背景
Stocks股票 / Real Estate / AAT
American Assets Trust · Real Estate
AAT US listed · USD美股 · 美元
Small cap小盘 · $1B
Distressed困境股
Real Estate
S&P 600标普600小盘Russell 2000罗素2000
$23.59
-$0.44 · -1.83%
52w low52周低 $17.01high高 $26.06
Lagging — relative weakness落后 — 相对弱势
A cycle low is due in roughly ~0–2 trading days — watch for the turn, don't front-run it.周期低点预计在约 ~0–2 个交易日内出现——等待转向，切勿抢跑。
Engine read引擎解读 · 2026-08-03
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅作背景参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅作背景参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-08-03
Momentum (RSI 14)动量（RSI 14）
38
Depressed偏低
vs 50-day average相对50日均线
-2.5% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
+17.5% above上方
Long trend up长期向上
Volatility波动率
23th percentile第23百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-08-042days to go天后公布
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | AAT | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 1.26x | 1.91 | |
| P/S市销率 | 3.32x | 6.98 | |
| EV/EBITDA企业价值/EBITDA | 11.05x | 14.27 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
5-yr growth5年复合增速 4.8%
Earnings per share每股收益
5-yr growth5年复合增速 14.9%
Gross margin毛利率
61.1%
Operating margin营业利润率
33.5%
FCF margin自由现金流利润率
38.3%
Balance-sheet quality财务体质 6/8
Bankruptcy risk: distress zone破产风险：警戒区
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA5.75
Capital allocation资本配置
Stock-based comp股权薪酬$7.4M
Share count change (1y)股数变化（1年）+0.4%
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Long-duration name into a restrictive, rising-real-rate regime → rate headwind.长久期标的进入偏紧、实际利率上行的环境→利率逆风。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： +$4.8M net (1 buyers, 0 sellers)+$4.8M 净值（1 买家，0 卖家）
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY. Day 86 of a typical 23-44-day cycle — inside the window where lows usually form, and short-term momentum is washed out. No confirmed turn yet准备。典型 23-44 天周期的第 86 天——处于低点通常形成的窗口内，且短期动量已被洗净。尚无确认的转向
Jul 30, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Jul 28, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Jul 22, 2026
NEARING A HIGH → UNCONFIRMED TURN接近高点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Jul 16, 2026
AAT made a new 52-week highAAT 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $25.85.价格创出52周新高 — 全市场关注的动量/趋势极值。$25.85。
Jul 16, 2026
AAT RSI reached overboughtAAT RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $25.85.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$25.85。
Jul 15, 2026
AAT StochRSI turned up from oversoldAAT StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $25.46.StochRSI重回20上方 — 下行动量趋缓的最早预警。$25.46。
Jul 13, 2026
AAT took relative-strength leadershipAAT 取得相对强弱领先
Relative strength vs SPY crossed above the 90th percentile of the last 90 days — leadership tends to persist. $25.14.相对标普500的强弱上穿近90日的第90百分位 — 领先往往延续。$25.14。
Jul 1, 2026
AAT made a new 52-week highAAT 创52周新高
Price reached a fresh 52-week high — a momentum / trend extreme the whole market watches. $25.22.价格创出52周新高 — 全市场关注的动量/趋势极值。$25.22。
Jul 1, 2026
AAT RSI reached overboughtAAT RSI进入超买
RSI(14) crossed above 70 — stretched to the upside; context, not a timing trigger alone. $25.22.RSI(14)上穿70 — 上行过度；仅作背景，单独不构成择时。$25.22。
Showing the last 15 of显示最近15条，共 274 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Profitability盈利能力
Below market低于市场
Investment资本投入
Above market高于市场
Low volatility低波动
Above market高于市场
Low market beta低市场敏感度
Above market高于市场
Short interest空头兴趣
Below market低于市场
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 1.3× | 1.9× | 75% |
| Price / Sales市销率 | 3.3× | 7.0× | 74% |
| EV / EBITDAEV/EBITDA | 11.1× | 14.3× | 72% |
| Free-cash-flow yield自由现金流收益率 | 11.5% | 6.7% | 86% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
64/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
72/100 — stronger than most强于多数
vs market, 6 months相对大盘（6个月）
83/100 — stronger than most强于多数
vs market, 12 months相对大盘（12个月）
61/100 — middle of the pack居中
Rank in sector行业内排名
#23 / 102
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -2.9% | +1.1% |
| 1 Month近1月 | -6.5% | +0.2% |
| 3 Months近3月 | +15.2% | +3.7% |
| 6 Months近6月 | +34.9% | +8.3% |
| Year to date年初至今 | +29.7% | +9.6% |
| 1 Year近1年 | +32.4% | +19.2% |
| 3 Years近3年 | +27.9% | +69.4% |
Trading information交易信息
Beta vs market贝塔
0.44
Volatility rank波动率分位
23th pctile
Short interest空头占比
2.3% of float
Market cap市值
$1B
Off 52-week high距52周高点
-8.7%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $345M | $376M | $423M | $441M | $458M | $436M |
| EPS每股收益 | $0.46 | $0.47 | $0.72 | $0.84 | $0.94 | $0.92 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | 64.8% | 65.5% | 63.9% | 62.8% | 63.4% | 61.1% |
| Net margin净利率 | 8.0% | 9.7% | 13.2% | 14.7% | 15.9% | 16.4% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$436M
Gross profit毛利润
$267M
Operating cash flow经营现金流
$167M
Total assets总资产
$2.9B
Shareholder equity股东权益
$1.2B
Shares outstanding总股本
0.06B
Returns & growth回报与增长
Asset growth资产增速
-10.8%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Pricing power: gross margin −3.7pts over 6 years定价能力：毛利率 6 年下降 3.7 个百分点
- Capital discipline: disciplined growth, returning cash资本纪律：增长克制、回报股东
- Balance sheet: Altman Z 0.63 — distress zone资产负债表：Altman Z 0.63——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
38
RSI (2-day)RSI（2日）
22
vs 20-day average相对20日均线
-4.8%
vs 50-day average相对50日均线
-2.5%
vs 200-day average相对200日均线
+17.5%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum up动能向上
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
66/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Estimate revisions预期修正
Estimate change, 90 days预期变化（90天）
-17.8%
Net upgrades, 30 days净上调（30天）
+0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
+$4.8M
Insider buyers vs sellers内部人买家vs卖家
1 : 0
Short interest空头占流通盘
2.3%
Days to cover回补天数
4.3
Short interest change空头变化
-1.1%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
May · 100%
Weakest month最弱月份
Sep · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 33% | -4.5% | 3 |
| Feb2月 | 33% | -3.6% | 3 |
| Mar3月 | 33% | -3.9% | 3 |
| Apr4月 | 33% | -2.0% | 3 |
| May5月 | 100% | +6.5% | 3 |
| Jun6月 | 100% | +4.6% | 4 |
| Jul7月 | 50% | +16.1% | 4 |
| Aug8月 | 67% | +3.1% | 3 |
| Sep9月 | 0% | -1.0% | 3 |
| Oct10月 | 33% | -5.8% | 3 |
| Nov11月 | 100% | +5.5% | 3 |
| Dec12月 | 33% | -1.1% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。