Alpha Technology Group Stock Probability of Future Stock Price Finishing Under 4.08
| ATGL Stock | 1.51 0.24 18.90% |
Alpha |
Alpha Technology Target Price Odds to finish below 4.08
The tendency of Alpha Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 4.08 after 90 days |
| 1.51 | 90 days | 4.08 | roughly 97.0 |
Based on a normal probability distribution, the odds of Alpha Technology to stay under 4.08 after 90 days from now is roughly 97.0 (This Alpha Technology Group probability density function shows the probability of Alpha Stock to fall within a particular range of prices over 90 days) . Probability of Alpha Technology price to stay between its current price of 1.51 and 4.08 at the end of the 90-day period is about 89.81 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.32 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alpha Technology will likely underperform. Additionally Alpha Technology Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Alpha Technology Price Density |
| Price |
Predictive Modules for Alpha Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alpha Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpha Technology'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.
Alpha Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alpha Technology is not an exception. The market had few large corrections towards the Alpha Technology's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Alpha Technology Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alpha Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1 | |
β | Beta against Dow Jones | 2.32 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.1 |
Alpha Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Alpha Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alpha Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Alpha Technology generated a negative expected return over the last 90 days | |
| Alpha Technology has high historical volatility and very poor performance | |
| Alpha Technology may become a speculative penny stock | |
| The company reported the previous year's revenue of 8.69 M. Net Loss for the year was (6.83 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alpha Technology has a frail financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Trump Media Technology Group Is Upgraded To A Buy At Current Price - Seeking Alpha |
Alpha Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Alpha Stock often depends not only on the future outlook of the current and potential Alpha Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Alpha Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15 M | |
| Cash And Short Term Investments | 3.6 M | |
| Shares Float | 4.3 M |
Alpha Technology Technical Analysis
Alpha Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Alpha Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alpha Technology Group. In general, you should focus on analyzing Alpha Stock price patterns and their correlations with different microeconomic environments and drivers.
Alpha Technology Predictive Forecast Models
Alpha Technology's time-series forecasting models is one of many Alpha Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Alpha Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Alpha Technology
Checking the ongoing alerts about Alpha Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Alpha Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Alpha Technology generated a negative expected return over the last 90 days | |
| Alpha Technology has high historical volatility and very poor performance | |
| Alpha Technology may become a speculative penny stock | |
| The company reported the previous year's revenue of 8.69 M. Net Loss for the year was (6.83 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alpha Technology has a frail financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Trump Media Technology Group Is Upgraded To A Buy At Current Price - Seeking Alpha |
Additional Information and Resources on Investing in Alpha Stock
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:Check out Alpha Technology Backtesting, Alpha Technology Valuation, Alpha Technology Correlation, Alpha Technology Hype Analysis, Alpha Technology Volatility, Alpha Technology History as well as Alpha Technology Performance. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is IT Consulting & Other Services 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 Technology. 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 Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share 0.676 | Quarterly Revenue Growth 0.559 | Return On Assets (0.12) | Return On Equity (0.92) |
The market value of Alpha Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology'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 Technology's market value can be influenced by many factors that don't directly affect Alpha Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology'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.