Alpha Services And Stock Market Value
| ALBKF Stock | USD 1.75 0.00 0.00% |
| Symbol | Alpha |
Alpha Services 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alpha Services' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alpha Services.
| 04/28/2024 |
| 05/28/2024 |
If you would invest 0.00 in Alpha Services on April 28, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Services and or generate 0.0% return on investment in Alpha Services over 30 days. Alpha Services is related to or competes with First Hawaiian, Central Pacific, Comerica, Lloyds Banking, Zions Bancorporation, KeyCorp, and Itau Unibanco. Alpha Services and Holdings S.A., together with its subsidiaries, provides various banking and financial products and se... More
Alpha Services Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alpha Services' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alpha Services and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 4.37 |
Alpha Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Services' standard deviation. In reality, there are many statistical measures that can use Alpha Services historical prices to predict the future Alpha Services' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpha Services' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alpha Services Backtested Returns
Alpha Services secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Alpha Services and exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha Services' Mean Deviation of 0.1305, risk adjusted performance of (0.07), and Standard Deviation of 0.5381 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alpha Services' returns are expected to increase less than the market. However, during the bear market, the loss of holding Alpha Services is expected to be smaller as well. Alpha Services has an expected return of -0.0694%. Please make sure to confirm Alpha Services variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Alpha Services performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Alpha Services and has no correlation between past and present. Overlapping area represents the amount of predictability between Alpha Services time series from 28th of April 2024 to 13th of May 2024 and 13th of May 2024 to 28th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alpha Services price movement. The serial correlation of 0.0 indicates that just 0.0% of current Alpha Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha Services lagged returns against current returns
Autocorrelation, which is Alpha Services pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alpha Services' pink sheet expected returns. We can calculate the autocorrelation of Alpha Services returns to help us make a trade decision. For example, suppose you find that Alpha Services has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alpha Services regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alpha Services pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Services pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Services pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alpha Services Lagged Returns
When evaluating Alpha Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Services pink sheet have on its future price. Alpha Services autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alpha Services autocorrelation shows the relationship between Alpha Services pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alpha Services and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Alpha Services Correlation, Alpha Services Volatility and Alpha Services Alpha and Beta module to complement your research on Alpha Services. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Alpha Pink Sheet analysis
When running Alpha Services' price analysis, check to measure Alpha Services' 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 Services is operating at the current time. Most of Alpha Services' value examination focuses on studying past and present price action to predict the probability of Alpha Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Services' price. Additionally, you may evaluate how the addition of Alpha Services to your portfolios can decrease your overall portfolio volatility.
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Alpha Services technical pink sheet 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, pink sheet market cycles, or different charting patterns.