Alpha Historical Valuation
| AMR Stock | USD 248.72 3.26 1.33% |
Some fundamental drivers such as market cap or Alpha Metallurgical enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Alpha Metallurgical valuation indicators such as Working Capital of 0.0 or Enterprise Value of 4.8 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Alpha Metallurgical's future value.
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About Alpha Valuation Data Analysis
Valuation is the financial process of determining what Alpha Metallurgical is worth. Alpha Metallurgical valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Alpha Metallurgical valuation ratios help investors to determine whether Alpha Stock 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 Alpha with respect to the benefits of owning Alpha Metallurgical security.
Alpha Metallurgical Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Alpha Metallurgical theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alpha Metallurgical debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alpha Metallurgical value than its market capitalization because it takes into account all of Alpha Metallurgical Resources existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Alpha Metallurgical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha Metallurgical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha Metallurgical will appreciate offsetting losses from the drop in the long position's value.Moving together with Alpha Stock
Moving against Alpha Stock
The ability to find closely correlated positions to Alpha Metallurgical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Metallurgical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Metallurgical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Metallurgical Resources to buy it.
The correlation of Alpha Metallurgical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Metallurgical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Metallurgical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alpha Metallurgical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Alpha Stock Analysis
When running Alpha Metallurgical's price analysis, check to measure Alpha Metallurgical'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 Metallurgical is operating at the current time. Most of Alpha Metallurgical's value examination focuses on studying past and present price action to predict the probability of Alpha Metallurgical'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 Metallurgical's price. Additionally, you may evaluate how the addition of Alpha Metallurgical to your portfolios can decrease your overall portfolio volatility.