Alterna Asesora Internacional, Stock Beta
| ALTERNAB | 1.50 0.00 0.00% |
Alterna Asesora Internacional, fundamentals help investors to digest information that contributes to Alterna Asesora's financial success or failures. It also enables traders to predict the movement of Alterna Stock. The fundamental analysis module provides a way to measure Alterna Asesora's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alterna Asesora stock.
Alterna |
Alterna Asesora Internacional, Company Beta Analysis
Alterna Asesora's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Alterna Asesora Internacional, has a Beta of 0.0. This indicator is about the same for the Operadora Actinver SA de CV average (which is currently at 0.0) sector and about the same as Flexible Debt (which currently averages 0.0) industry. This indicator is about the same for all Mexico stocks average (which is currently at 0.0).
Alterna Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alterna Asesora's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alterna Asesora could also be used in its relative valuation, which is a method of valuing Alterna Asesora by comparing valuation metrics of similar companies.Alterna Asesora is currently under evaluation in beta category among its peers.
Fund Asset Allocation for Alterna Asesora
.Asset allocation divides Alterna Asesora's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Alterna Fundamentals
| Year To Date Return | 1.17 % | |||
| One Year Return | 2.61 % | |||
| Three Year Return | 3.51 % | |||
| Five Year Return | 3.41 % | |||
| Net Asset | 6.23 B | |||
| Minimum Initial Investment | 100 K | |||
| Holdings Turnover | 4.23 % | |||
| Cash Position Weight | 38.80 % | |||
| Bond Positions Weight | 61.20 % |
About Alterna Asesora Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alterna Asesora Internacional,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alterna Asesora using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alterna Asesora Internacional, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Alterna Asesora financial ratios help investors to determine whether Alterna Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alterna with respect to the benefits of owning Alterna Asesora security.