Alpha One Stock Market Value
| AOAO Stock | USD 1.54 0.00 0.00% |
| Symbol | Alpha |
Alpha One '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 One's 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 One.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Alpha One on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha One or generate 0.0% return on investment in Alpha One over 90 days. Alpha One is related to or competes with BRC, Cementos Pacasmayo, Dream Finders, PepsiCo, FMC, Tyson Foods, and EMCOR. Previously, it developed and delivered image transmission devices and systems integration services for wireless operator... More
Alpha One 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 One's 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 One upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 36.55 |
Alpha One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha One's standard deviation. In reality, there are many statistical measures that can use Alpha One historical prices to predict the future Alpha One's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | 0.0311 | |||
| Treynor Ratio | 10.89 |
Alpha One Backtested Returns
Alpha One secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. Alpha One exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha One's Standard Deviation of 4.51, risk adjusted performance of (0.09), and Mean Deviation of 1.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.049, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alpha One are expected to decrease at a much lower rate. During the bear market, Alpha One is likely to outperform the market. At this point, Alpha One has a negative expected return of -0.55%. Please make sure to confirm Alpha One's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Alpha One 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 One has no correlation between past and present. Overlapping area represents the amount of predictability between Alpha One time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 One price movement. The serial correlation of 0.0 indicates that just 0.0% of current Alpha One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha One lagged returns against current returns
Autocorrelation, which is Alpha One 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 One's pink sheet expected returns. We can calculate the autocorrelation of Alpha One returns to help us make a trade decision. For example, suppose you find that Alpha One 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 One 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 One pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha One 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 One pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alpha One Lagged Returns
When evaluating Alpha One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha One pink sheet have on its future price. Alpha One 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 One autocorrelation shows the relationship between Alpha One pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alpha One.
Regressed Prices |
| Timeline |
Pair Trading with Alpha One
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha One position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha One will appreciate offsetting losses from the drop in the long position's value.Moving against Alpha Pink Sheet
| 0.83 | SSNLF | Samsung Electronics | PairCorr |
| 0.59 | PFE | Pfizer Inc | PairCorr |
| 0.4 | CSCO | Cisco Systems | PairCorr |
| 0.31 | LION | Lionsgate Studios Corp | PairCorr |
The ability to find closely correlated positions to Alpha One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha One when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha One - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha One to buy it.
The correlation of Alpha One is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha One moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alpha One can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Alpha Pink Sheet
Alpha One financial ratios help investors to determine whether Alpha Pink Sheet 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 One security.