Alpha Technology Group Stock Alpha and Beta Analysis

ATGL Stock   13.30  0.64  5.06%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alpha Technology Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alpha Technology over a specified time horizon. Remember, high Alpha Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Alpha Technology's market risk premium analysis include:
Beta
4.07
Alpha
3.47
Risk
17.24
Sharpe Ratio
0.26
Expected Return
4.49
Please note that although Alpha Technology alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Alpha Technology did 3.47  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Alpha Technology Group stock's relative risk over its benchmark. Alpha Technology has a beta of 4.07  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alpha Technology will likely underperform. At this time, Alpha Technology's Book Value Per Share is quite stable compared to the past year. Tangible Book Value Per Share is expected to rise to 0.29 this year, although Enterprise Value Multiple will most likely fall to (84.86).
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Alpha Technology Backtesting, Alpha Technology Valuation, Alpha Technology Correlation, Alpha Technology Hype Analysis, Alpha Technology Volatility, Alpha Technology History and analyze Alpha Technology Performance.

Alpha Technology Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alpha Technology market risk premium is the additional return an investor will receive from holding Alpha Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alpha Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Alpha Technology's performance over market.
α3.47   β4.07

Alpha Technology expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Alpha Technology's Buy-and-hold return. Our buy-and-hold chart shows how Alpha Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Alpha Technology Market Price Analysis

Market price analysis indicators help investors to evaluate how Alpha Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Technology shares will generate the highest return on investment. By understating and applying Alpha Technology stock market price indicators, traders can identify Alpha Technology position entry and exit signals to maximize returns.

Alpha Technology Return and Market Media

The median price of Alpha Technology for the period between Fri, Sep 6, 2024 and Thu, Dec 5, 2024 is 6.72 with a coefficient of variation of 60.76. The daily time series for the period is distributed with a sample standard deviation of 4.38, arithmetic mean of 7.21, and mean deviation of 3.62. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
12 Information Technology Stocks Moving In Wednesdays Intraday Session - Benzinga
09/25/2024
2
Alpha Technology Group Celebrates Hong Kong AI Pioneer Anthony Tsangs Recognition at the 18th World Outstanding Chinese Award
10/07/2024
3
12 Information Technology Stocks Moving In Thursdays After-Market Session - Benzinga
10/24/2024
4
Hong Kongs First AI Company Successfully Concludes Its One-Year-Anniversary Halloween Celebration
11/01/2024

About Alpha Technology Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Alpha or other stocks. Alpha measures the amount that position in Alpha Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Graham Number1.063.643.273.44
Receivables Turnover3.289.338.48.82
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alpha Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alpha Technology's short interest history, or implied volatility extrapolated from Alpha Technology options trading.

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Alpha Technology is a strong investment it is important to analyze Alpha Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Alpha Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Alpha Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alpha Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...