Alpha Technology Group Stock Technical Analysis
ATGL Stock | 12.16 0.45 3.84% |
As of the 21st of November, Alpha Technology shows the Risk Adjusted Performance of 0.1664, downside deviation of 6.37, and Mean Deviation of 11.24. Alpha Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alpha Technology jensen alpha, as well as the relationship between the potential upside and skewness to decide if Alpha Technology is priced correctly, providing market reflects its regular price of 12.16 per share. Given that Alpha Technology has jensen alpha of 3.2, we suggest you to validate Alpha Technology Group's prevailing market performance to make sure the company can sustain itself at a future point.
Alpha Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alpha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphaAlpha |
Alpha Technology 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.
Alpha Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alpha Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alpha Technology Trend Analysis
Use this graph to draw trend lines for Alpha Technology Group. You can use it to identify possible trend reversals for Alpha Technology as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alpha Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alpha Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alpha Technology Group applied against its price change over selected period. The best fit line has a slop of 0.19 , which means Alpha Technology Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1386.59, which is the sum of squared deviations for the predicted Alpha Technology price change compared to its average price change.About Alpha Technology Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alpha Technology Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alpha Technology Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alpha Technology price pattern first instead of the macroeconomic environment surrounding Alpha Technology. By analyzing Alpha Technology's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alpha Technology's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alpha Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 1.06 | 3.64 | 3.27 | 3.44 | Receivables Turnover | 3.28 | 9.33 | 8.4 | 8.82 |
Alpha Technology November 21, 2024 Technical Indicators
Most technical analysis of Alpha help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alpha from various momentum indicators to cycle indicators. When you analyze Alpha charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1664 | |||
Market Risk Adjusted Performance | 1.01 | |||
Mean Deviation | 11.24 | |||
Semi Deviation | 5.45 | |||
Downside Deviation | 6.37 | |||
Coefficient Of Variation | 480.29 | |||
Standard Deviation | 16.83 | |||
Variance | 283.15 | |||
Information Ratio | 0.2025 | |||
Jensen Alpha | 3.2 | |||
Total Risk Alpha | 1.59 | |||
Sortino Ratio | 0.5349 | |||
Treynor Ratio | 1.0 | |||
Maximum Drawdown | 83.4 | |||
Value At Risk | (9.18) | |||
Potential Upside | 49.31 | |||
Downside Variance | 40.6 | |||
Semi Variance | 29.7 | |||
Expected Short fall | (17.09) | |||
Skewness | 2.3 | |||
Kurtosis | 5.26 |
Alpha Technology November 21, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Alpha stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 2,388 | ||
Daily Balance Of Power | 0.28 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 12.29 | ||
Day Typical Price | 12.24 | ||
Price Action Indicator | 0.10 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is IT Consulting & Other Services 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 Alpha Technology. If investors know Alpha 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 Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.448 | Quarterly Revenue Growth 0.087 | Return On Assets (0.10) | Return On Equity (0.25) |
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology'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 Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology'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 Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology'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.