Alpha Pro Tech Stock Technical Analysis

APT Stock  USD 6.02  0.07  1.18%   
As of the 25th of April, Alpha Pro shows the Downside Deviation of 2.57, risk adjusted performance of 0.0767, and Mean Deviation of 2.18. Alpha Pro Tech technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Alpha Pro Tech, which can be compared to its peers. Please confirm Alpha Pro Tech coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Alpha Pro Tech is priced correctly, providing market reflects its regular price of 6.02 per share. Given that Alpha Pro has jensen alpha of 0.3275, we suggest you to validate Alpha Pro Tech's prevailing market performance to make sure the company can sustain itself at a future point.

Alpha Pro Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alpha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alpha
  
Alpha Pro's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Alpha Pro Analyst Consensus

Target PriceAdvice# of Analysts
16.75Strong Sell0Odds
Alpha Pro Tech current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alpha analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alpha stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alpha Pro Tech, talking to its executives and customers, or listening to Alpha conference calls.
Alpha Analyst Advice Details
Alpha Pro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Alpha Pro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alpha Pro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Alpha Pro Tech Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alpha Pro Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alpha Pro Tech Trend Analysis

Use this graph to draw trend lines for Alpha Pro Tech. You can use it to identify possible trend reversals for Alpha Pro as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alpha Pro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alpha Pro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alpha Pro Tech applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Alpha Pro Tech will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 22.89, which is the sum of squared deviations for the predicted Alpha Pro price change compared to its average price change.

About Alpha Pro Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alpha Pro Tech on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alpha Pro Tech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alpha Pro Tech price pattern first instead of the macroeconomic environment surrounding Alpha Pro Tech. By analyzing Alpha Pro's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alpha Pro's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alpha Pro specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding25.4241.0639.0149.58
PTB Ratio1.260.841.020.97

Alpha Pro April 25, 2024 Technical Indicators

Most technical analysis of Alpha help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alpha from various momentum indicators to cycle indicators. When you analyze Alpha charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Pro Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.