Alternet Systems Stock Market Value
| ALYI Stock | USD 0.0008 0.0001 14.29% |
| Symbol | Alternet |
Alternet Systems '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 Alternet Systems' 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 Alternet Systems.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Alternet Systems on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Alternet Systems or generate 0.0% return on investment in Alternet Systems over 690 days. Alternet Systems is related to or competes with Atos SE, Appen, Atos Origin, TSS, Common, and Appen. Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics, micro segmen... More
Alternet Systems 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 Alternet Systems' 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 Alternet Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.95 | |||
| Information Ratio | 0.0883 | |||
| Maximum Drawdown | 282.22 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 25.0 |
Alternet Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternet Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alternet Systems' standard deviation. In reality, there are many statistical measures that can use Alternet Systems historical prices to predict the future Alternet Systems' volatility.| Risk Adjusted Performance | 0.0802 | |||
| Jensen Alpha | 2.74 | |||
| Total Risk Alpha | (2.02) | |||
| Sortino Ratio | 0.1899 | |||
| Treynor Ratio | 0.8897 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alternet Systems' 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.
Alternet Systems Backtested Returns
Alternet Systems is out of control given 3 months investment horizon. Alternet Systems secures Sharpe Ratio (or Efficiency) of 0.093, which signifies that the company had a 0.093% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.25% are justified by taking the suggested risk. Use Alternet Systems Downside Deviation of 15.95, risk adjusted performance of 0.0802, and Mean Deviation of 13.78 to evaluate company specific risk that cannot be diversified away. Alternet Systems holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.53, 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, Alternet Systems will likely underperform. Use Alternet Systems value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Alternet Systems.
Auto-correlation | -0.81 |
Excellent reverse predictability
Alternet Systems has excellent reverse predictability. Overlapping area represents the amount of predictability between Alternet Systems time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Alternet Systems price movement. The serial correlation of -0.81 indicates that around 81.0% of current Alternet Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alternet Systems lagged returns against current returns
Autocorrelation, which is Alternet Systems 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 Alternet Systems' pink sheet expected returns. We can calculate the autocorrelation of Alternet Systems returns to help us make a trade decision. For example, suppose you find that Alternet Systems 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 |
Alternet Systems 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 Alternet Systems pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alternet Systems pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alternet Systems pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alternet Systems Lagged Returns
When evaluating Alternet Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alternet Systems pink sheet have on its future price. Alternet Systems 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, Alternet Systems autocorrelation shows the relationship between Alternet Systems pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alternet Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alternet Pink Sheet
Alternet Systems financial ratios help investors to determine whether Alternet Pink Sheet 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 Alternet with respect to the benefits of owning Alternet Systems security.