Alamo Energy Corp Stock Market Value
| ALME Stock | USD 0.0001 0.00 0.00% |
| Symbol | Alamo |
Alamo Energy Corp Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alamo Energy. If investors know Alamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alamo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth 0.807 | Return On Assets (0.19) |
The market value of Alamo Energy Corp is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo Energy's value that differs from its market value or its book value, called intrinsic value, which is Alamo Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alamo Energy's market value can be influenced by many factors that don't directly affect Alamo Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alamo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Alamo Energy '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 Alamo Energy'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 Alamo Energy.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Alamo Energy on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Alamo Energy Corp or generate 0.0% return on investment in Alamo Energy over 300 days. Alamo Energy is related to or competes with Altura Energy. Alamo Energy Corp. operates as an oil and gas company in the United States More
Alamo Energy 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 Alamo Energy'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 Alamo Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Alamo Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alamo Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alamo Energy's standard deviation. In reality, there are many statistical measures that can use Alamo Energy historical prices to predict the future Alamo Energy's volatility.Alamo Energy Corp Backtested Returns
Alamo Energy is out of control given 3 months investment horizon. Alamo Energy Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have collected data for four different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. Use Alamo Energy day typical price of 1.0E-4, and Rate Of Daily Change of 1.0 to evaluate company specific risk that cannot be diversified away. Alamo Energy holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Alamo Energy are completely uncorrelated. Use Alamo Energy rate of daily change , to analyze future returns on Alamo Energy.
Auto-correlation | -0.93 |
Near perfect reversele predictability
Alamo Energy Corp has near perfect reversele predictability. Overlapping area represents the amount of predictability between Alamo Energy time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alamo Energy Corp price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Alamo Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alamo Energy Corp lagged returns against current returns
Autocorrelation, which is Alamo Energy 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 Alamo Energy's stock expected returns. We can calculate the autocorrelation of Alamo Energy returns to help us make a trade decision. For example, suppose you find that Alamo Energy 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 |
Alamo Energy 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 Alamo Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alamo Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alamo Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Alamo Energy Lagged Returns
When evaluating Alamo Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alamo Energy stock have on its future price. Alamo Energy 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, Alamo Energy autocorrelation shows the relationship between Alamo Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Alamo Energy Corp.
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.When determining whether Alamo Energy Corp is a strong investment it is important to analyze Alamo Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo Energy's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:Check out Alamo Energy Correlation, Alamo Energy Volatility and Alamo Energy Alpha and Beta module to complement your research on Alamo Energy. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Alamo Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.