Altitude Acquisition Corp Alpha and Beta Analysis

ALTUWDelisted Stock  USD 0.05  0.01  36.99%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Altitude Acquisition Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Altitude Acquisition over a specified time horizon. Remember, high Altitude Acquisition's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Altitude Acquisition's market risk premium analysis include:
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Please note that although Altitude Acquisition alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Altitude Acquisition did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Altitude Acquisition Corp stock's relative risk over its benchmark. Altitude Acquisition Corp has a beta of 0.00  . The returns on DOW JONES INDUSTRIAL and Altitude Acquisition are completely uncorrelated. .
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Altitude Acquisition Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Altitude Acquisition market risk premium is the additional return an investor will receive from holding Altitude Acquisition long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Altitude Acquisition. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Altitude Acquisition's performance over market.
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Altitude Acquisition Fundamentals Vs Peers

Comparing Altitude Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Altitude Acquisition's direct or indirect competition across all of the common fundamentals between Altitude Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altitude Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Altitude Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Altitude Acquisition by comparing valuation metrics with those of similar companies.
    
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 Worse Than Average Compare Altitude Acquisition to competition
FundamentalsAltitude AcquisitionPeer Average
Return On Asset-0.0879-0.14
Number Of Shares Shorted1.72 K4.71 M
EBITDA(15.41 M)3.9 B
Net Income(3.97 M)570.98 M
Cash And Equivalents219.96 K2.7 B
Cash Per Share0.03 X5.01 X
Total Debt275 K5.32 B

Altitude Acquisition Opportunities

Altitude Acquisition Return and Market Media

The Stock did not receive any noticable media coverage during the period.
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About Altitude Acquisition Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Altitude or other delisted stocks. Alpha measures the amount that position in Altitude Acquisition Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altitude Acquisition in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altitude Acquisition's short interest history, or implied volatility extrapolated from Altitude Acquisition options trading.

Build Portfolio with Altitude Acquisition

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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Other Consideration for investing in Altitude Stock

If you are still planning to invest in Altitude Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altitude Acquisition's history and understand the potential risks before investing.
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