Alpha Star Acquisition Stock Today
Alpha Star is selling at 0.12 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.12. Equity ratings for Alpha Star Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2023 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 20th of January 2022 | Classification Financials |
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Alpha Stock Highlights
| Business Concentration | Multi-Sector Holdings, Financial Services, Financials, Financials, Financial Services, Materials, Materials (View all Sectors) |
| Financial Strength | |
Alpha Star Acquisition (ALSAR) is traded on NASDAQ Exchange in USA. It is located in 80 Broad Street, New York, NY, United States, 10004 and employs 2 people. Alpha Star is listed under Multi-Sector Holdings category by Fama And French industry classification. The company classifies itself under Financial Services sector and is part of Financials industry.
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Alpha Star Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alpha Star stock to make a market-neutral strategy. Peer analysis of Alpha Star could also be used in its relative valuation, which is a method of valuing Alpha Star by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
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The danger of trading Alpha Star Acquisition is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alpha Star is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alpha Star. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alpha Star Acquisition is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Alpha Stock Analysis
When running Alpha Star's price analysis, check to measure Alpha Star'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 Star is operating at the current time. Most of Alpha Star's value examination focuses on studying past and present price action to predict the probability of Alpha Star'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 Star's price. Additionally, you may evaluate how the addition of Alpha Star to your portfolios can decrease your overall portfolio volatility.