Alpha Services (Greece) Market Value

ALPHA Stock  EUR 2.24  0.02  0.90%   
Alpha Services' market value is the price at which a share of Alpha Services trades on a public exchange. It measures the collective expectations of Alpha Services and investors about its performance. Alpha Services is trading at 2.24 as of the 16th of March 2025, a 0.90% up since the beginning of the trading day. The stock's open price was 2.22.
With this module, you can estimate the performance of a buy and hold strategy of Alpha Services and and determine expected loss or profit from investing in Alpha Services over a given investment horizon. Check out Alpha Services Correlation, Alpha Services Volatility and Alpha Services Alpha and Beta module to complement your research on Alpha Services.
Symbol

Please note, there is a significant difference between Alpha Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Services' 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.

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' 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 Alpha Services.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Alpha Services on December 16, 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 90 days. Alpha Services is related to or competes with Piraeus Financial, Eurobank Ergasias, National Bank, Greek Organization, and Mytilineos. 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' 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 Alpha Services and upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
0.412.244.07
Details
Intrinsic
Valuation
LowRealHigh
0.582.414.24
Details
Naive
Forecast
LowNextHigh
0.462.304.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.942.132.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alpha Services. Your research has to be compared to or analyzed against Alpha Services' peers to derive any actionable benefits. When done correctly, Alpha Services' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alpha Services.

Alpha Services Backtested Returns

Alpha Services appears to be moderately volatile, given 3 months investment horizon. Alpha Services secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the company had a 0.31 % return per unit of risk over the last 3 months. By analyzing Alpha Services' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Alpha Services' Downside Deviation of 2.02, mean deviation of 1.27, and Risk Adjusted Performance of 0.2488 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alpha Services holds a performance score of 24. The firm shows a Beta (market volatility) of 0.031, 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. Please check Alpha Services' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Alpha Services' price patterns will revert.

Auto-correlation

    
  0.84  

Very good predictability

Alpha Services and has very good predictability. Overlapping area represents the amount of predictability between Alpha Services time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 0.84 indicates that around 84.0% of current Alpha Services price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.81
Residual Average0.0
Price Variance0.01

Alpha Services lagged returns against current returns

Autocorrelation, which is Alpha Services 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 Alpha Services' stock 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 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  

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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Services stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Services stock 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 stock 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 stock 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  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Other Information on Investing in Alpha Stock

Alpha Services financial ratios help investors to determine whether Alpha 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 Alpha with respect to the benefits of owning Alpha Services security.