Alpha Finance Market Value

ALPHA
  

USD 0.13  0.01  8.33%   

Alpha Finance's market value is the price at which a share of Alpha Finance stock trades on a public exchange. It measures the collective expectations of Alpha Finance Lab investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Alpha Finance Lab and determine expected loss or profit from investing in Alpha Finance over a given investment horizon. Please continue to Bitcoin Browser, Alpha Finance Correlation, Portfolio Optimization, Alpha Finance Volatility, as well as analyze Investing Opportunities and Alpha Finance Performance.
Symbol
Backtest


Please note, there is a significant difference between Alpha Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine Alpha Finance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Finance'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 Finance '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 Finance's crypto coin 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 Finance.
0.00
12/29/2021
No Change 0.00  0.0 
In 5 months and 30 days
06/27/2022
0.00
If you would invest  0.00  in Alpha Finance on December 29, 2021 and sell it all today you would earn a total of 0.00 from holding Alpha Finance Lab or generate 0.0% return on investment in Alpha Finance over 180 days. Alpha Finance is related to or competes with Polkadot, FTX Token, Chainlink, Dai, Polygon, Uniswap Protocol, and STEPN. Alpha Finance Lab is peer-to-peer digital currency powered by the Blockchain technologyMore

Alpha Finance 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 Finance's crypto coin 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 Finance Lab upside and downside potential and time the market with a certain degree of confidence.

Alpha Finance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Finance's standard deviation. In reality, there are many statistical measures that can use Alpha Finance historical prices to predict the future Alpha Finance's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alpha Finance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alpha Finance in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.1310.15
Details
Intrinsic
Valuation
LowReal ValueHigh
0.010.1210.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alpha Finance. Your research has to be compared to or analyzed against Alpha Finance's peers to derive any actionable benefits. When done correctly, Alpha Finance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Alpha Finance Lab.

Alpha Finance Lab Backtested Returns

Alpha Finance Lab secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that digital coin had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any crypto is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Alpha Finance Lab exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alpha Finance Lab mean deviation of 7.51, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
The crypto shows a Beta (market volatility) of 0.4979, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alpha's beta means in this case. As returns on the market increase, Alpha Finance returns are expected to increase less than the market. However, during the bear market, the loss on holding Alpha Finance will be expected to be smaller as well. Even though it is essential to pay attention to Alpha Finance Lab historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alpha Finance Lab exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  0.88  

Very good predictability

Alpha Finance Lab has very good predictability. Overlapping area represents the amount of predictability between Alpha Finance time series from 29th of December 2021 to 29th of March 2022 and 29th of March 2022 to 27th of June 2022. 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 Finance Lab price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Alpha Finance price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.78
Residual Average0.0
Price Variance0.02

Alpha Finance Lab lagged returns against current returns

Autocorrelation, which is Alpha Finance crypto coin'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 Finance's crypto coin expected returns. We can calculate the autocorrelation of Alpha Finance returns to help us make a trade decision. For example, suppose you find that Alpha Finance crypto coin 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Alpha Finance 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 Finance crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Finance crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Finance crypto coin over time.
 Current vs Lagged Prices 
Share
      Timeline 

Alpha Finance Lagged Returns

When evaluating Alpha Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Finance crypto coin have on its future price. Alpha Finance 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 Finance autocorrelation shows the relationship between Alpha Finance crypto coin current value and its past values and can show if there is a momentum factor associated with investing in Alpha Finance Lab.
 Regressed Prices 
Share
      Timeline 

Alpha Finance Investors Sentiment

The influence of Alpha Finance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alpha. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Finance 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 Finance's short interest history, or implied volatility extrapolated from Alpha Finance options trading.

Current Sentiment - ALPHA

Alpha Finance Lab Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Alpha Finance Lab. What is your sentiment towards investing in Alpha Finance Lab? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with Alpha Finance

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 Finance 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 Finance will appreciate offsetting losses from the drop in the long position's value.

Alpha Finance Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Alpha Finance 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 Finance 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 Finance - 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 Finance Lab to buy it.
The correlation of Alpha Finance is a statistical measure of how it moves in relation to other equities. 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 Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Finance Lab 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 Finance 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.
Pair CorrelationCorrelation Matching
Please continue to Bitcoin Browser, Alpha Finance Correlation, Portfolio Optimization, Alpha Finance Volatility, as well as analyze Investing Opportunities and Alpha Finance Performance. Note that the Alpha Finance Lab information on this page should be used as a complementary analysis to other Alpha Finance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Tools for Alpha Crypto Coin

When running Alpha Finance Lab price analysis, check to measure Alpha Finance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alpha Finance is operating at the current time. Most of Alpha Finance's value examination focuses on studying past and present price action to predict the probability of Alpha Finance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alpha Finance's price. Additionally, you may evaluate how the addition of Alpha Finance to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go