Alpha OTC Stock Performance

AHAG
 Stock
  

USD 0.0001  0.00  0.00%   

The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what Alpha's beta means in this case. the returns on MARKET and Alpha Technologies are completely uncorrelated. Although it is important to respect Alpha Technologies historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Alpha Technologies technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Alpha Technologies right now shows a risk of 0.0%. Please confirm Alpha Technologies maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Alpha Technologies will be following its price patterns.
  
Alpha Performance
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Over the last 90 days Alpha Technologies Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Alpha Technologies is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Alpha Price Channel

Quick Ratio0.29
Fifty Two Week Low0.0001
Target High Price1.33
Fifty Two Week High0.0056
Target Low Price1.33

Alpha Technologies Relative Risk vs. Return Landscape

If you would invest  0.01  in Alpha Technologies Group on August 31, 2022 and sell it today you would earn a total of  0.00  from holding Alpha Technologies Group or generate 0.0% return on investment over 90 days. Alpha Technologies Group is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of otc stocks are less volatile than Alpha, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  

Alpha Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Alpha Technologies Group, and traders can use it to determine the average amount a Alpha Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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AHAG
Based on monthly moving average Alpha Technologies is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alpha Technologies by adding it to a well-diversified portfolio.

About Alpha Technologies Performance

To evaluate Alpha Technologies OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alpha Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alpha OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alpha Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alpha's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Alpha Technologies Group, Inc., through its subsidiaries, manufactures, fabricates, and sells thermal management and non-thermal fabricated products, and aluminum extrusions in the United States. The company was founded in 1969 and is based in Los Angeles, California. Alpha Technologies operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 315 people.

Things to note about Alpha Technologies

Checking the ongoing alerts about Alpha Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Alpha Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Alpha Technologies Alerts

Equity Alerts and Improvement Suggestions

Alpha Technologies generated a negative expected return over the last 90 days
Alpha Technologies has some characteristics of a very speculative penny stock
The company currently holds 21.6 M in liabilities with Debt to Equity (D/E) ratio of 2.23, implying the company greatly relies on financing operations through barrowing. Alpha Technologies has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Alpha Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Alpha Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alpha Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alpha to invest in growth at high rates of return. When we think about Alpha Technologies' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 52.5 M. Net Loss for the year was (1.95 M) with profit before overhead, payroll, taxes, and interest of 5.09 M.
Latest headline from news.google.com: Apple Trapped In China - Seeking Alpha
Please continue to Trending Equities. Note that the Alpha Technologies information on this page should be used as a complementary analysis to other Alpha Technologies' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Alpha Technologies price analysis, check to measure Alpha Technologies' 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 Technologies is operating at the current time. Most of Alpha Technologies' value examination focuses on studying past and present price action to predict the probability of Alpha Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alpha Technologies' price. Additionally, you may evaluate how the addition of Alpha Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Alpha Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Alpha Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technologies' 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.