Alpha Star Current Valuation vs. Number Of Shares Shorted
| ALSA Stock | USD 11.89 0.01 0.08% |
For Alpha Star profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Star to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Star Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Star's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Star Acquisition over time as well as its relative position and ranking within its peers.
Alpha |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Star. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alpha Star Acquisition is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Star's value that differs from its market value or its book value, called intrinsic value, which is Alpha Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Star's market value can be influenced by many factors that don't directly affect Alpha Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Star's 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 Star Acquisition Number Of Shares Shorted vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Star's current stock value. Our valuation model uses many indicators to compare Alpha Star value to that of its competitors to determine the firm's financial worth. Alpha Star Acquisition is rated below average in current valuation category among its peers. It is rated third in number of shares shorted category among its peers . The ratio of Current Valuation to Number Of Shares Shorted for Alpha Star Acquisition is about 24,366 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alpha Star's earnings, one of the primary drivers of an investment's value.Alpha Current Valuation vs. Competition
Alpha Star Acquisition is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 1.27 Billion. Alpha Star holds roughly 48.88 Million in current valuation claiming about 4% of equities under Financials industry.
Alpha Number Of Shares Shorted vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Alpha Star |
| = | 48.88 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Alpha Star |
| = | 2.01 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Alpha Number Of Shares Shorted Comparison
Alpha Star is currently under evaluation in number of shares shorted category among its peers.
Alpha Star Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Star, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Star will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Star's change in net profit over the period of time. It can combine multiple indicators of Alpha Star, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Alpha Star Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Alpha Star is traded on NASDAQ Exchange in the United States.
Alpha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha Star. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alpha Star position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alpha Star's important profitability drivers and their relationship over time.
Use Alpha Star in pair-trading
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 Star 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 Star will appreciate offsetting losses from the drop in the long position's value.Alpha Star Pair Trading
Alpha Star Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Alpha Star 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 Star 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 Star - 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 Star Acquisition to buy it.
The correlation of Alpha Star 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 Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Star Acquisition 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 Star 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.Use Investing Themes to Complement your Alpha Star position
In addition to having Alpha Star in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Energy Theme or any other thematic opportunities.
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To fully project Alpha Star's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpha Star Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alpha Star's income statement, its balance sheet, and the statement of cash flows.