Alpha Technology Group Stock Price on September 4, 2024
| ATGL Stock | 9.57 0.13 1.34% |
If you're considering investing in Alpha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Technology stands at 9.57, as last reported on the 11th of November 2024, with the highest price reaching 9.85 and the lowest price hitting 9.28 during the day. Alpha Technology is very risky given 3 months investment horizon. Alpha Technology secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.9% are justified by taking the suggested risk. Use Alpha Technology Mean Deviation of 10.46, risk adjusted performance of 0.1397, and Downside Deviation of 6.34 to evaluate company specific risk that cannot be diversified away.
At this time, Alpha Technology's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 48.9 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 12 M. . At this time, Alpha Technology's Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 111.23 this year, although the value of Price Earnings Ratio will most likely fall to (71.49). Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = 0.1755
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| Good Returns | ATGL | |||
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Estimated Market Risk
| 16.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.9 actual daily | 57 57% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Alpha Technology is performing at about 13% 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 Technology by adding it to a well-diversified portfolio.
Price Book 23.5082 | Enterprise Value Ebitda (8.32) | Price Sales 17.1803 | Shares Float 4.3 M | Earnings Share (0.08) |
Alpha Technology Valuation on September 4, 2024
It is possible to determine the worth of Alpha Technology on a given historical date. On September 4, 2024 Alpha was worth 1.97 at the beginning of the trading date compared to the closed value of 1.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Technology stock. Still, in general, we apply an absolute valuation method to find Alpha Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alpha Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Technology's related companies.
| Open | High | Low | Close | Volume | |
| 2.22 | 2.22 | 1.95 | 2.06 | 19,815 | |
09/04/2024 | 1.97 | 2.06 | 1.86 | 1.96 | 22,971 |
| 1.81 | 2.14 | 1.62 | 1.78 | 33,459 |
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Alpha Technology Trading Date Momentum on September 4, 2024
| On September 05 2024 Alpha Technology Group was traded for 1.78 at the closing time. The top price for the day was 2.14 and the lowest listed price was 1.62 . The trading volume for the day was 33.5 K. The trading history from September 5, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 9.18% . The overall trading delta against the current closing price is 35.20% . |
Alpha Technology Fundamentals Correlations and Trends
By evaluating Alpha Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpha Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpha Technology Stock history
Alpha Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alpha Technology stock prices may prove useful in developing a viable investing in Alpha Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.5 M | 12 M |
Alpha Technology Stock Technical Analysis
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.
Price Boundaries
Alpha Technology Period Price Range
Low | November 11, 2024
| High |
0.00 | 0.00 |
Alpha Technology Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alpha Technology November 11, 2024 Market Strength
Market strength 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 undertsting and applying Alpha Technology stock market strength indicators, traders can identify Alpha Technology Group entry and exit signals to maximize returns
Alpha Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Technology's price direction in advance. Along with the technical and fundamental analysis of Alpha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpha to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1397 | |||
| Jensen Alpha | 2.33 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.4138 | |||
| Treynor Ratio | 0.9619 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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 (0.08) | Revenue Per Share 0.448 | Quarterly Revenue Growth 0.087 | Return On Assets (0.10) | Return On Equity (0.25) |
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.