Guojian Chen - Alpha Star CFO Director
| ALSAR Stock | USD 0.14 0.02 16.67% |
Insider
Guojian Chen is CFO Director of Alpha Star Acquisition
| Age | 31 |
| Address | 80 Broad Street, New York, NY, United States, 10004 |
| Phone | 212 837 7977 |
Management Performance
| Return On Asset | -0.0038 |
Alpha Star Acquisition Leadership Team
Elected by the shareholders, the Alpha Star's board of directors comprises two types of representatives: Alpha Star inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alpha. The board's role is to monitor Alpha Star's management team and ensure that shareholders' interests are well served. Alpha Star's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alpha Star's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Guojian Chen, CFO Director | ||
| Zhe Zhang, CEO Chairman |
Alpha Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alpha Star a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Asset | -0.0038 | ||||
| Number Of Shares Shorted | 8.87 K | ||||
| Total Debt | 300 K | ||||
| Book Value Per Share | (0.74) X | ||||
| Beta | 0.009 |
Pair Trading with Alpha Star
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 Alpha Star 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 Alpha Star will appreciate offsetting losses from the drop in the long position's value.Moving against Alpha Stock
| 0.52 | AC | Associated Capital | PairCorr |
| 0.52 | DB | Deutsche Bank AG | PairCorr |
| 0.47 | TW | Tradeweb Markets | PairCorr |
| 0.46 | LU | Lufax Holding | PairCorr |
| 0.43 | PWUPU | PowerUp Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Alpha Star could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Star 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 Alpha Star - 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 Alpha Star Acquisition to buy it.
The correlation of Alpha Star 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 Alpha Star moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Star 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 Alpha Star 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 Alpha Stock Analysis
When running Alpha Star's price analysis, check to measure Alpha Star'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 Star is operating at the current time. Most of Alpha Star's value examination focuses on studying past and present price action to predict the probability of Alpha Star'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 Star's price. Additionally, you may evaluate how the addition of Alpha Star to your portfolios can decrease your overall portfolio volatility.