Alpha Return on Average Assets from 2010 to 2024

APT Stock  USD 6.24  0.17  2.65%   
Check Alpha Pro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha main balance sheet or income statement drivers, such as Depreciation And Amortization of 661.6 K, Interest Expense of 899.6 K or Selling General Administrative of 12.7 M, as well as many exotic indicators such as Short Term Coverage Ratios of 13.44, Price Earnings Ratio of 14.66 or Price To Sales Ratio of 1.28. Alpha financial statements analysis is a perfect complement when working with Alpha Pro Valuation or Volatility modules.
  
This module can also supplement Alpha Pro's financial leverage analysis and stock options assessment as well as various Alpha Pro Technical models . Check out the analysis of Alpha Pro Correlation against competitors.

About Alpha Pro Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alpha Pro income statement, its balance sheet, and the statement of cash flows. Alpha Pro investors use historical funamental indicators, such as Alpha Pro's Return on Average Assets, to determine how well the company is positioned to perform in the future. Although Alpha Pro investors may use each financial statement separately, they are all related. The changes in Alpha Pro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alpha Pro's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alpha Pro Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alpha Pro. Please read more on our technical analysis and fundamental analysis pages.
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada. Alpha Pro operates under Building Products Equipment classification in the United States and is traded on AMEX Exchange. It employs 121 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alpha Pro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alpha Pro's short interest history, or implied volatility extrapolated from Alpha Pro options trading.

Pair Trading with Alpha Pro

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 Alpha Pro 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 Alpha Pro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alpha Stock

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  0.68DOOR Masonite International Financial Report 13th of May 2024 PairCorr
The ability to find closely correlated positions to Alpha Pro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Pro 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 Alpha Pro - 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 Alpha Pro Tech to buy it.
The correlation of Alpha Pro is a statistical measure of how it moves in relation to other instruments. 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 Alpha Pro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Pro Tech 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 Alpha Pro 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
When determining whether Alpha Pro Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alpha Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alpha Pro Tech Stock. Highlighted below are key reports to facilitate an investment decision about Alpha Pro Tech Stock:
Check out the analysis of Alpha Pro Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Alpha Pro's price analysis, check to measure Alpha Pro's 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 Alpha Pro is operating at the current time. Most of Alpha Pro's value examination focuses on studying past and present price action to predict the probability of Alpha Pro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Pro's price. Additionally, you may evaluate how the addition of Alpha Pro to your portfolios can decrease your overall portfolio volatility.
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Is Alpha Pro's 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 Alpha Pro. If investors know Alpha 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 Alpha Pro 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
0.961
Earnings Share
0.35
Revenue Per Share
5.164
Quarterly Revenue Growth
0.249
Return On Assets
0.0387
The market value of Alpha Pro Tech is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Pro's value that differs from its market value or its book value, called intrinsic value, which is Alpha Pro's 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 Alpha Pro's market value can be influenced by many factors that don't directly affect Alpha Pro's 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 Alpha Pro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Pro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Pro's 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.