Alpha Star Acquisition Stock Price on May 5, 2023
| ALSA Stock | USD 12.06 0.14 1.15% |
If you're considering investing in Alpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Star stands at 12.06, as last reported on the 20th of December, with the highest price reaching 12.15 and the lowest price hitting 12.02 during the day. At this point, Alpha Star is very steady. Alpha Star Acquisition secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alpha Star Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Alpha Star's Risk Adjusted Performance of 0.0771, downside deviation of 0.6942, and Mean Deviation of 0.3192 to double-check if the risk estimate we provide is consistent with the expected return of 0.0553%.
As of December 20, 2024, Total Stockholder Equity is expected to decline to about 124.7 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 11.8 M. At present, Alpha Star's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.05, whereas Price Book Value Ratio is forecasted to decline to 1.14. Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = 0.1108
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Alpha Star is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alpha Star by adding it to a well-diversified portfolio.
Price Book 6.7141 | Book Value (0.74) | Enterprise Value 50.2 M | Enterprise Value Ebitda (333.26) | Shares Float 400 K |
Alpha Star Valuation on May 5, 2023
It is possible to determine the worth of Alpha Star on a given historical date. On May 5, 2023 Alpha was worth 10.56 at the beginning of the trading date compared to the closed value of 10.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Star stock. Still, in general, we apply an absolute valuation method to find Alpha Star's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alpha Star where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Star's related companies.
| Open | High | Low | Close | Volume | |
| 10.56 | 10.56 | 10.56 | 10.56 | 1.00 | |
05/05/2023 | 10.56 | 10.57 | 10.56 | 10.57 | 746.00 |
| 10.56 | 10.57 | 10.56 | 10.56 | 3,231 |
| Backtest Alpha Star | | | Alpha Star History | | | Alpha Star Valuation | Previous | Next |
Alpha Star Trading Date Momentum on May 5, 2023
| On May 08 2023 Alpha Star Acquisition was traded for 10.56 at the closing time. The top price for the day was 10.57 and the lowest listed price was 10.56 . The trading volume for the day was 3.2 K. The trading history from May 8, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 0.00% . |
Alpha Star Acquisition Fundamentals Correlations and Trends
By evaluating Alpha Star's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpha Star's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpha Star Stock history
Alpha Star investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Star Acquisition will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alpha Star stock prices may prove useful in developing a viable investing in Alpha Star
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.2 M | 11.8 M | |
| Net Loss | -56.7 K | -59.5 K |
Alpha Star Stock Technical Analysis
Alpha Star 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.
Price Boundaries
Alpha Star Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Alpha Star Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alpha Star December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpha Star stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Star shares will generate the highest return on investment. By undertsting and applying Alpha Star stock market strength indicators, traders can identify Alpha Star Acquisition entry and exit signals to maximize returns
Alpha Star Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Star's price direction in advance. Along with the technical and fundamental analysis of Alpha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpha to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 0.0468 | |||
| Total Risk Alpha | 0.0289 | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | (0.44) |
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Complementary Tools for Alpha Stock analysis
When running Alpha Star's price analysis, check to measure Alpha Star'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 Star is operating at the current time. Most of Alpha Star's value examination focuses on studying past and present price action to predict the probability of Alpha Star'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 Star's price. Additionally, you may evaluate how the addition of Alpha Star to your portfolios can decrease your overall portfolio volatility.
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