Alpha Exploration Stock Market Value
| ALEX Stock | 0.47 0.01 2.08% |
| Symbol | Alpha |
Alpha Exploration Price To Book Ratio
Alpha Exploration '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 Exploration'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 Alpha Exploration.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Alpha Exploration on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Alpha Exploration or generate 0.0% return on investment in Alpha Exploration over 30 days. Alpha Exploration is related to or competes with Honey Badger, Condor Resources, Star Royalties, Kingfisher Metals, and Aurania Resources. Alpha Exploration is entity of Canada. It is traded as Stock on V exchange. More
Alpha Exploration 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 Exploration'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 Alpha Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 24.53 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 4.17 |
Alpha Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Exploration's standard deviation. In reality, there are many statistical measures that can use Alpha Exploration historical prices to predict the future Alpha Exploration's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alpha Exploration's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alpha Exploration Backtested Returns
Alpha Exploration secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Alpha Exploration exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha Exploration's Risk Adjusted Performance of (0.06), standard deviation of 3.58, and Mean Deviation of 2.47 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alpha Exploration will likely underperform. At this point, Alpha Exploration has a negative expected return of -0.37%. Please make sure to confirm Alpha Exploration's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Alpha Exploration performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Alpha Exploration has average predictability. Overlapping area represents the amount of predictability between Alpha Exploration time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th of December 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 Exploration price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Alpha Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alpha Exploration lagged returns against current returns
Autocorrelation, which is Alpha Exploration 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 Alpha Exploration's stock expected returns. We can calculate the autocorrelation of Alpha Exploration returns to help us make a trade decision. For example, suppose you find that Alpha Exploration 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 |
Alpha Exploration 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 Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Alpha Exploration Lagged Returns
When evaluating Alpha Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Exploration stock have on its future price. Alpha Exploration 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 Exploration autocorrelation shows the relationship between Alpha Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Alpha Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Alpha Stock Analysis
When running Alpha Exploration's price analysis, check to measure Alpha Exploration'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 Exploration is operating at the current time. Most of Alpha Exploration's value examination focuses on studying past and present price action to predict the probability of Alpha Exploration'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 Exploration's price. Additionally, you may evaluate how the addition of Alpha Exploration to your portfolios can decrease your overall portfolio volatility.