Alpha Bank Sa Stock Market Value
| ALBKY Stock | USD 0.42 0.01 2.33% |
| Symbol | Alpha |
Alpha Bank '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 Alpha Bank's pink sheet 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 Alpha Bank.
| 02/08/2024 |
| 02/02/2025 |
If you would invest 0.00 in Alpha Bank on February 8, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Bank SA or generate 0.0% return on investment in Alpha Bank over 360 days. Alpha Bank is related to or competes with National Bank, Piraeus Bank, Eurobank Ergasias, First Citizens, PT Bank, PT Bank, and Bankinter. Alpha Services and Holdings S.A., together with its subsidiaries, provides various banking and financial products and se... More
Alpha Bank 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 Alpha Bank's pink sheet 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 Alpha Bank SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.11 | |||
| Information Ratio | 0.0522 | |||
| Maximum Drawdown | 13.74 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.41 |
Alpha Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Bank's standard deviation. In reality, there are many statistical measures that can use Alpha Bank historical prices to predict the future Alpha Bank's volatility.| Risk Adjusted Performance | 0.0727 | |||
| Jensen Alpha | 0.2053 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | 0.6913 |
Alpha Bank SA Backtested Returns
At this stage we consider Alpha Pink Sheet to be abnormally volatile. Alpha Bank SA secures Sharpe Ratio (or Efficiency) of 0.0554, which signifies that the company had a 0.0554 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Alpha Bank SA, which you can use to evaluate the volatility of the firm. Please confirm Alpha Bank's Downside Deviation of 4.11, risk adjusted performance of 0.0727, and Mean Deviation of 2.12 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Alpha Bank has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alpha Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alpha Bank is expected to be smaller as well. Alpha Bank SA right now shows a risk of 2.99%. Please confirm Alpha Bank SA maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Alpha Bank SA will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
Alpha Bank SA has poor predictability. Overlapping area represents the amount of predictability between Alpha Bank time series from 8th of February 2024 to 6th of August 2024 and 6th of August 2024 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alpha Bank SA price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Alpha Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha Bank SA lagged returns against current returns
Autocorrelation, which is Alpha Bank pink sheet'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 Alpha Bank's pink sheet expected returns. We can calculate the autocorrelation of Alpha Bank returns to help us make a trade decision. For example, suppose you find that Alpha Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Alpha Bank 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 Alpha Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alpha Bank Lagged Returns
When evaluating Alpha Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Bank pink sheet have on its future price. Alpha Bank 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, Alpha Bank autocorrelation shows the relationship between Alpha Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alpha Bank SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Alpha Pink Sheet Analysis
When running Alpha Bank's price analysis, check to measure Alpha Bank'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 Bank is operating at the current time. Most of Alpha Bank's value examination focuses on studying past and present price action to predict the probability of Alpha Bank'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 Bank's price. Additionally, you may evaluate how the addition of Alpha Bank to your portfolios can decrease your overall portfolio volatility.