AlphaTime Return On Equity from 2010 to 2024
| ATMCR Stock | 0.17 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.0276645 | Current Value 0.029 | Quarterly Volatility 0.7087229 |
Check AlphaTime Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AlphaTime Acquisition's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.31. AlphaTime financial statements analysis is a perfect complement when working with AlphaTime Acquisition Valuation or Volatility modules.
AlphaTime |
Latest AlphaTime Acquisition's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of AlphaTime Acquisition Corp over the last few years. Return on Equity is the amount of AlphaTime Acquisition net income returned as a percentage of AlphaTime Acquisition equity. Return on equity measures AlphaTime Acquisition profitability by revealing how much profit AlphaTime Acquisition Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. AlphaTime Acquisition's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AlphaTime Acquisition's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0553 | 10 Years Trend |
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Return On Equity |
| Timeline |
AlphaTime Return On Equity Regression Statistics
| Arithmetic Mean | (1.35) | |
| Coefficient Of Variation | (52.48) | |
| Mean Deviation | 0.55 | |
| Median | (1.69) | |
| Standard Deviation | 0.71 | |
| Sample Variance | 0.50 | |
| Range | 1.7218 | |
| R-Value | 0.69 | |
| Mean Square Error | 0.28 | |
| R-Squared | 0.48 | |
| Significance | 0 | |
| Slope | 0.11 | |
| Total Sum of Squares | 7.03 |
AlphaTime Return On Equity History
About AlphaTime Acquisition Financial Statements
AlphaTime Acquisition shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although AlphaTime Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in AlphaTime Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on AlphaTime Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.03 |
Pair Trading with AlphaTime Acquisition
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 AlphaTime Acquisition 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 AlphaTime Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against AlphaTime Stock
| 0.72 | WU | Western Union Sell-off Trend | PairCorr |
| 0.55 | PWUPU | PowerUp Acquisition Corp | PairCorr |
| 0.51 | RM | Regional Management Corp | PairCorr |
| 0.51 | PWUPW | PowerUp Acquisition Corp | PairCorr |
| 0.45 | LU | Lufax Holding | PairCorr |
The ability to find closely correlated positions to AlphaTime Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AlphaTime Acquisition 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 AlphaTime Acquisition - 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 AlphaTime Acquisition Corp to buy it.
The correlation of AlphaTime Acquisition is a statistical measure of how it moves in relation to other instruments. 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 AlphaTime Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AlphaTime Acquisition 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 AlphaTime Acquisition 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.Additional Tools for AlphaTime Stock Analysis
When running AlphaTime Acquisition's price analysis, check to measure AlphaTime Acquisition'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 AlphaTime Acquisition is operating at the current time. Most of AlphaTime Acquisition's value examination focuses on studying past and present price action to predict the probability of AlphaTime Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AlphaTime Acquisition's price. Additionally, you may evaluate how the addition of AlphaTime Acquisition to your portfolios can decrease your overall portfolio volatility.