Alpha Story

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AMR -- USA Stock  

USD 14.46  0.13  0.89%

Alpha Metallurgical is generating 0.6375% of daily returns assuming volatility of 4.2683% on return distribution over 60 days investment horizon. While many risk-averse retail investors are getting carried away by overanalyzing energy space, it is reasonable to sum up Alpha Metallurgical Resources. We will cover the possibilities of Alpha Metallurgical's current volatility to continue through April.
Published over a month ago
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Will Alpha Metallurgical (NYSE:AMR) latest volatility spike continue?
Alpha Metallurgical Resources has roughly 161.43 M in cash with 67.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.82.
Volatility is a rate at which the price of Alpha Metallurgical or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Alpha Metallurgical may increase or decrease. In other words, similar to Alpha's beta indicator, it measures the risk of Alpha Metallurgical and helps estimate the fluctuations that may happen in a short period of time. So if prices of Alpha Metallurgical fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Alpha Metallurgical's Liquidity

Alpha Metallurgical financial leverage refers to using borrowed capital as a funding source to finance Alpha Metallurgical Resources ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Alpha Metallurgical financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Alpha Metallurgical's total debt and its cash.

How Alpha utilizes its cash?

To perform a cash flow analysis of Alpha Metallurgical, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Alpha Metallurgical is receiving and how much cash it distributes out in a given period. The Alpha Metallurgical cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Alpha Metallurgical Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Alpha Metallurgical reported last year Net Cash Flow from Operations of 129.24 Million

Alpha Metallurgical Volatility Drivers

Alpha Metallurgical unsystematic risk is unique to Alpha Metallurgical and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Alpha Metallurgical you can also buy Nacco Industries. You can also mitigate this risk by investing in the thermal coal sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Alpha Metallurgical important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Alpha Metallurgical income statement and balance sheet. Here are more details about Alpha volatility.
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