Alkemy Capital (UK) Market Value
| ALK Stock | 130.00 5.00 4.00% |
| Symbol | Alkemy |
Alkemy Capital '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 Alkemy Capital's stock 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 Alkemy Capital.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Alkemy Capital on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Alkemy Capital Investments or generate 0.0% return on investment in Alkemy Capital over 720 days. Alkemy Capital is related to or competes with Datalogic, GreenX Metals, Silvercorp Metals, Gaztransport, Fulcrum Metals, and Silver Bullet. Alkemy Capital is entity of United Kingdom More
Alkemy Capital 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 Alkemy Capital's stock 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 Alkemy Capital Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.43 | |||
| Information Ratio | 0.1704 | |||
| Maximum Drawdown | 116.47 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 13.33 |
Alkemy Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alkemy Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alkemy Capital's standard deviation. In reality, there are many statistical measures that can use Alkemy Capital historical prices to predict the future Alkemy Capital's volatility.| Risk Adjusted Performance | 0.147 | |||
| Jensen Alpha | 2.46 | |||
| Total Risk Alpha | 2.11 | |||
| Sortino Ratio | 0.4604 | |||
| Treynor Ratio | 0.9637 |
Alkemy Capital Inves Backtested Returns
Alkemy Capital is not too volatile given 3 months investment horizon. Alkemy Capital Inves secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.59% are justified by taking the suggested risk. Use Alkemy Capital Mean Deviation of 6.31, downside deviation of 5.43, and Risk Adjusted Performance of 0.147 to evaluate company specific risk that cannot be diversified away. Alkemy Capital holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.62, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alkemy Capital will likely underperform. Use Alkemy Capital coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to analyze future returns on Alkemy Capital.
Auto-correlation | 0.10 |
Insignificant predictability
Alkemy Capital Investments has insignificant predictability. Overlapping area represents the amount of predictability between Alkemy Capital time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th of December 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 Alkemy Capital Inves price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Alkemy Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 609.06 |
Alkemy Capital Inves lagged returns against current returns
Autocorrelation, which is Alkemy Capital stock'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 Alkemy Capital's stock expected returns. We can calculate the autocorrelation of Alkemy Capital returns to help us make a trade decision. For example, suppose you find that Alkemy Capital has exhibited high autocorrelation historically, and you observe that the stock 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 |
Alkemy Capital 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 Alkemy Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alkemy Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alkemy Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Alkemy Capital Lagged Returns
When evaluating Alkemy Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alkemy Capital stock have on its future price. Alkemy Capital 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, Alkemy Capital autocorrelation shows the relationship between Alkemy Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Alkemy Capital Investments.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alkemy Stock
Alkemy Capital financial ratios help investors to determine whether Alkemy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alkemy with respect to the benefits of owning Alkemy Capital security.