Alpha Exploration Net Income vs. Beta
| ALEX Stock | 0.50 0.03 6.38% |
For Alpha Exploration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Exploration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Exploration utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Exploration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Exploration over time as well as its relative position and ranking within its peers.
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Alpha Exploration Beta vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Exploration's current stock value. Our valuation model uses many indicators to compare Alpha Exploration value to that of its competitors to determine the firm's financial worth. Alpha Exploration is number one stock in net income category among its peers. It is rated second in beta category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alpha Exploration's earnings, one of the primary drivers of an investment's value.Alpha Beta vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Alpha Exploration |
| = | (391.14 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Alpha Exploration |
| = | 1.07 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Alpha Beta Comparison
Alpha Exploration is currently under evaluation in beta category among its peers.
Beta Analysis
Alpha Exploration returns are very sensitive to returns on the market. As the market goes up or down, Alpha Exploration is expected to follow.
Alpha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha Exploration. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alpha Exploration position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alpha Exploration's important profitability drivers and their relationship over time.
Use Alpha Exploration in pair-trading
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 Exploration 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 Exploration will appreciate offsetting losses from the drop in the long position's value.Alpha Exploration Pair Trading
Alpha Exploration Pair Trading Analysis
The ability to find closely correlated positions to Alpha Exploration 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 Exploration 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 Exploration - 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 Exploration to buy it.
The correlation of Alpha Exploration 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 Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Exploration 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 Exploration 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.Use Investing Themes to Complement your Alpha Exploration position
In addition to having Alpha Exploration in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 68 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize FinTech Theme or any other thematic opportunities.
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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.