Align Technology Hype Analysis, Align Technology Correlation, Align Technology Valuation, Align Technology Volatility as well as analyze Align Technology Alpha and Beta and Align Technology Performance.With this equity back-testing module your can estimate the performance of a buy and hold strategy of Align Technology and determine expected loss or profit from investing in Align Technology over given investment horizon. Check also
|Horizon||30 Days Login to change|
Align Technology 'What if' Analysis
June 17, 20190.00
September 15, 20190.00
If you would invest 0.00 in Align Technology on June 17, 2019 and sell it all today you would earn a total of 0.00 from holding Align Technology or generate 0.0% return on investment in Align Technology over 90 days. Align Technology is related to or competes with Electromed, ENCISION INC, Establishment Labs, Digirad, Dynatronics, ESCALON MEDICAL, and Second Sight. Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero...
Align Technology Upside/Downside Indicators
|Value At Risk||(4.10)|
Align Technology Market Premium Indicators
|Risk Adjusted Performance||(0.15)|
|Total Risk Alpha||(0.81)|
Align Technology Backtested Returns
Macroaxis considers Align Technology to be very steady. Align Technology secures Sharpe Ratio (or Efficiency) of -0.1743 which signifies that the organization had -0.1743% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Align Technology exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Align Technology Risk Adjusted Performance of
(0.15) and Mean Deviation of 1.83 to double-check risk estimate we provide. The firm shows Beta (market volatility) of 1.4238 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Align Technology will likely underperform. Even though it is essential to pay attention to Align Technology historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Align Technology exposes twenty-one different technical indicators which can help you to evaluate its performance. Align Technology has expected return of -0.6718%. Please be advised to confirm Align Technology Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Align Technology past performance will be repeated at some point in the near future.
|15 days auto-correlation||0.29|
|Spearman Rank Test||0.28|
Align Technology lagged returns against current returns
Current and Lagged Values
Align Technology regressed lagged prices vs. current prices
Current vs Lagged Prices
Align Technology Lagged Returns
Check also Align Technology Hype Analysis, Align Technology Correlation, Align Technology Valuation, Align Technology Volatility as well as analyze Align Technology Alpha and Beta and Align Technology Performance. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.