Alpha Pro Tech Stock Price on October 7, 2024
APT Stock | USD 5.34 0.09 1.66% |
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 Pro stands at 5.34, as last reported on the 29th of November, with the highest price reaching 5.45 and the lowest price hitting 5.34 during the day. Alpha Pro Tech secures Sharpe Ratio (or Efficiency) of -0.0547, which signifies that the company had a -0.0547% return per unit of risk over the last 3 months. Alpha Pro Tech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha Pro's Risk Adjusted Performance of (0.05), standard deviation of 1.97, and Mean Deviation of 1.54 to double-check the risk estimate we provide.
Alpha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = -0.0547
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alpha Pro is not performing at its full potential. However, 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 Pro by adding Alpha Pro to a well-diversified portfolio.
Related Headline
Apogee Enterprises Headline on 7th of October 2024
Apogee Enterprises, Inc. Q2 2025 Earnings Call Transcript by insidermonkey.com
Operator Good day and thank you for standing by. Welcome to the Q2 2025 Apogee Enterprises
Alpha Pro Valuation on October 7, 2024
It is possible to determine the worth of Alpha Pro on a given historical date. On October 7, 2024 Alpha was worth 5.65 at the beginning of the trading date compared to the closed value of 5.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Pro stock. Still, in general, we apply an absolute valuation method to find Alpha Pro'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 Pro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Pro's related companies.
Open | High | Low | Close | Volume | |
5.81 | 5.94 | 5.61 | 5.65 | 21,804 | |
10/07/2024 | 5.65 | 5.81 | 5.65 | 5.78 | 15,771 |
5.75 | 5.80 | 5.67 | 5.78 | 7,420 |
Backtest Alpha Pro | | | Alpha Pro History | | | Alpha Pro Valuation | Previous | Next |
Alpha Pro Trading Date Momentum on October 7, 2024
On October 08 2024 Alpha Pro Tech was traded for 5.78 at the closing time. Highest Alpha Pro's price during the trading hours was 5.80 and the lowest price during the day was 5.67 . The net volume was 7.4 K. The overall trading history on the 8th of October did not affect price variability. The overall trading delta to current price is 3.29% . |
Alpha Pro Tech Fundamentals Correlations and Trends
By evaluating Alpha Pro'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 Pro'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 Pro Stock history
Alpha Pro 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 Pro Tech 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 Pro stock prices may prove useful in developing a viable investing in Alpha Pro
Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada. Alpha Pro operates under Building Products Equipment classification in the United States and is traded on AMEX Exchange. It employs 121 people.
Alpha Pro Stock Technical Analysis
Alpha Pro 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 Pro Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Alpha Pro Tech cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Pro November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpha Pro 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 Pro shares will generate the highest return on investment. By undertsting and applying Alpha Pro stock market strength indicators, traders can identify Alpha Pro Tech entry and exit signals to maximize returns
Alpha Pro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Pro'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 | (0.05) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (1.00) |
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Additional Tools for Alpha Stock Analysis
When running Alpha Pro's price analysis, check to measure Alpha Pro'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 Pro is operating at the current time. Most of Alpha Pro's value examination focuses on studying past and present price action to predict the probability of Alpha Pro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Pro's price. Additionally, you may evaluate how the addition of Alpha Pro to your portfolios can decrease your overall portfolio volatility.