Align Technology (UK) Market Value
| 0HCK Stock | 170.98 1.10 0.64% |
| Symbol | Align |
Align Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Align Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Align Technology.
| 12/13/2025 |
| 01/12/2026 |
If you would invest 0.00 in Align Technology on December 13, 2025 and sell it all today you would earn a total of 0.00 from holding Align Technology or generate 0.0% return on investment in Align Technology over 30 days. Align Technology is related to or competes with PNC Financial, Glarner Kantonalbank, OneSavings Bank, Gamma Communications, Salesforce, Ally Financial, and Verizon Communications. More
Align Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Align Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Align Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.2305 | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.63 |
Align Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Align Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Align Technology's standard deviation. In reality, there are many statistical measures that can use Align Technology historical prices to predict the future Align Technology's volatility.| Risk Adjusted Performance | 0.2194 | |||
| Jensen Alpha | 0.4689 | |||
| Total Risk Alpha | 0.2806 | |||
| Sortino Ratio | 0.2794 | |||
| Treynor Ratio | 3.79 |
Align Technology Backtested Returns
Align Technology appears to be very steady, given 3 months investment horizon. Align Technology secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Align Technology, which you can use to evaluate the volatility of the firm. Please makes use of Align Technology's Downside Deviation of 1.41, risk adjusted performance of 0.2194, and Mean Deviation of 1.29 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Align Technology holds a performance score of 22. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Align Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Align Technology is expected to be smaller as well. Please check Align Technology's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether Align Technology's price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Align Technology has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Align Technology time series from 13th of December 2025 to 28th of December 2025 and 28th of December 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Align Technology price movement. The serial correlation of -0.73 indicates that around 73.0% of current Align Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 35.21 |
Align Technology lagged returns against current returns
Autocorrelation, which is Align Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Align Technology's stock expected returns. We can calculate the autocorrelation of Align Technology returns to help us make a trade decision. For example, suppose you find that Align Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Align Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Align Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Align Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Align Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Align Technology Lagged Returns
When evaluating Align Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Align Technology stock have on its future price. Align Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Align Technology autocorrelation shows the relationship between Align Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Align Technology.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Align Stock Analysis
When running Align Technology's price analysis, check to measure Align Technology'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 Align Technology is operating at the current time. Most of Align Technology's value examination focuses on studying past and present price action to predict the probability of Align Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Align Technology's price. Additionally, you may evaluate how the addition of Align Technology to your portfolios can decrease your overall portfolio volatility.