Alien Metals' market value is the price at which a share of Alien Metals trades on a public exchange. It measures the collective expectations of Alien Metals investors about its performance. Alien Metals is trading at 0.085 as of the 7th of January 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 0.08. With this module, you can estimate the performance of a buy and hold strategy of Alien Metals and determine expected loss or profit from investing in Alien Metals over a given investment horizon. Check out Alien Metals Correlation, Alien Metals Volatility and Alien Metals Alpha and Beta module to complement your research on Alien Metals.
Please note, there is a significant difference between Alien Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alien Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alien Metals' 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.
Alien Metals '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 Alien Metals' 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 Alien Metals.
0.00
12/08/2024
No Change 0.00
0.0
In 31 days
01/07/2025
0.00
If you would invest 0.00 in Alien Metals on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Alien Metals or generate 0.0% return on investment in Alien Metals over 30 days. Alien Metals is related to or competes with Givaudan, Antofagasta PLC, Ferrexpo PLC, Atalaya Mining, Amaroq Minerals, Central Asia, and Anglo Asian. Alien Metals is entity of United Kingdom More
Alien Metals 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 Alien Metals' 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 Alien Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alien Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alien Metals' standard deviation. In reality, there are many statistical measures that can use Alien Metals historical prices to predict the future Alien Metals' volatility.
Alien Metals secures Sharpe Ratio (or Efficiency) of -0.0269, which signifies that the company had a -0.0269% return per unit of risk over the last 3 months. Alien Metals exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alien Metals' Risk Adjusted Performance of 0.0076, standard deviation of 5.01, and Mean Deviation of 2.62 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.63, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alien Metals are expected to decrease by larger amounts. On the other hand, during market turmoil, Alien Metals is expected to outperform it. At this point, Alien Metals has a negative expected return of -0.12%. Please make sure to confirm Alien Metals' total risk alpha and the relationship between the skewness and market facilitation index , to decide if Alien Metals performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.61
Very good reverse predictability
Alien Metals has very good reverse predictability. Overlapping area represents the amount of predictability between Alien Metals time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Alien Metals price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Alien Metals price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.61
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
0.0
Alien Metals lagged returns against current returns
Autocorrelation, which is Alien Metals 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 Alien Metals' stock expected returns. We can calculate the autocorrelation of Alien Metals returns to help us make a trade decision. For example, suppose you find that Alien Metals 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
Alien Metals 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 Alien Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alien Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alien Metals stock over time.
Current vs Lagged Prices
Timeline
Alien Metals Lagged Returns
When evaluating Alien Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alien Metals stock have on its future price. Alien Metals 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, Alien Metals autocorrelation shows the relationship between Alien Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Alien Metals.
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.
Alien Metals financial ratios help investors to determine whether Alien 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 Alien with respect to the benefits of owning Alien Metals security.