Alphatime Acquisition Corp Stock Price on November 28, 2024
| ATMC Stock | 11.31 0.01 0.09% |
If you're considering investing in AlphaTime Stock, it is important to understand the factors that can impact its price. As of today, the current price of AlphaTime Acquisition stands at 11.31, as last reported on the 30th of November, with the highest price reaching 11.31 and the lowest price hitting 11.31 during the day. At this point, AlphaTime Acquisition is very steady. AlphaTime Acquisition secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for AlphaTime Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm AlphaTime Acquisition's Mean Deviation of 0.0481, standard deviation of 0.0953, and Risk Adjusted Performance of 0.0707 to double-check if the risk estimate we provide is consistent with the expected return of 0.0212%.
The current year's Common Stock Shares Outstanding is expected to grow to about 9.5 M, whereas Total Stockholder Equity is forecasted to decline to about 47.5 M. . The current year's Price Earnings Ratio is expected to grow to 52.44, whereas Price Book Value Ratio is forecasted to decline to 1.31. AlphaTime Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AlphaTime |
Sharpe Ratio = 0.2255
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Based on monthly moving average AlphaTime Acquisition is performing at about 17% 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 AlphaTime Acquisition by adding it to a well-diversified portfolio.
Price Book 1.7882 | Book Value 7.767 | Enterprise Value 87.2 M | Enterprise Value Ebitda (162.44) | Shares Float 2.1 M |
Related Headline
Academy Sports Headline on 27th of November 2024
Our viewpoint on Academy Sports and Williams Sonoma by Macroaxis
By examining key indicators for Academy Sports and Williams, you can assess how market fluctuations impact their stock prices. This analysis can help determine if combining these stocks in a portfolio might reduce overall market risk. Additionally, you might consider a pair trading strategy, where you take a long position in Williams and a short position in Academy Sports. For more details, explore our [pair correlation module](#) on their relationship.
Let's dive into the asset analysis. The asset utilization ratio measures how much revenue a company generates per dollar of assets. Academy Sports boasts an asset utilization ratio of 131.7%, indicating it earns $1.32 for every dollar of assets. This rising ratio suggests that Academy Sports is effectively leveraging its assets in daily operations.
Important Takeaways
With Academy Sports' net income standing at a robust 519.2M and a price-to-book ratio of 1.73X, the stock presents a compelling opportunity for investors considering its potential for further growth. However, the short ratio of 5.57 suggests a cautious approach, as it indicates a significant level of short interest that could impact future price movements.AlphaTime Acquisition Valuation on November 28, 2024
It is possible to determine the worth of AlphaTime Acquisition on a given historical date. On November 28, 2024 AlphaTime was worth 11.31 at the beginning of the trading date compared to the closed value of 11.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AlphaTime Acquisition stock. Still, in general, we apply an absolute valuation method to find AlphaTime Acquisition'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 AlphaTime Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AlphaTime Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.31 | 11.31 | 11.31 | 11.31 | 136.00 | |
11/27/2024 | 11.31 | 11.31 | 11.31 | 11.31 | 1.00 |
| 11.31 | 11.31 | 11.31 | 11.31 | 1.00 |
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AlphaTime Acquisition Trading Date Momentum on November 28, 2024
| On November 29 2024 AlphaTime Acquisition Corp was traded for 11.31 at the closing time. The top price for the day was 11.31 and the lowest listed price was 11.31 . There was no trading activity during the period 1.0. Lack of trading volume on November 29, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
AlphaTime Acquisition Fundamentals Correlations and Trends
By evaluating AlphaTime Acquisition'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 AlphaTime Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AlphaTime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AlphaTime Acquisition Stock history
AlphaTime Acquisition 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 AlphaTime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AlphaTime Acquisition 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 AlphaTime Acquisition stock prices may prove useful in developing a viable investing in AlphaTime Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9 M | 9.5 M | |
| Net Loss | (901.60) | (946.68) |
AlphaTime Acquisition Stock Technical Analysis
AlphaTime Acquisition 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
AlphaTime Acquisition Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
AlphaTime Acquisition Corp 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.
AlphaTime Acquisition November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how AlphaTime Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AlphaTime Acquisition shares will generate the highest return on investment. By undertsting and applying AlphaTime Acquisition stock market strength indicators, traders can identify AlphaTime Acquisition Corp entry and exit signals to maximize returns
AlphaTime Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AlphaTime Acquisition's price direction in advance. Along with the technical and fundamental analysis of AlphaTime Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AlphaTime 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 | 0.0707 | |||
| Jensen Alpha | 0.0065 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.9453 |
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Complementary 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.
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