Alternet Systems Stock Price on November 14, 2024
| ALYI Stock | USD 0.0006 0.0002 25.00% |
If you're considering investing in Alternet Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Alternet Systems stands at 0.0006, as last reported on the 2nd of December, with the highest price reaching 0.0008 and the lowest price hitting 0.0006 during the day. Alternet Systems is out of control given 3 months investment horizon. Alternet Systems secures Sharpe Ratio (or Efficiency) of 0.08, which signifies that the company had a 0.08% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.77% are justified by taking the suggested risk. Use Alternet Systems Downside Deviation of 16.54, mean deviation of 13.83, and Risk Adjusted Performance of 0.0771 to evaluate company specific risk that cannot be diversified away.
Alternet Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Alternet |
Sharpe Ratio = 0.08
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| Good Returns | ALYI | |||
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Estimated Market Risk
| 34.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.77 actual daily | 55 55% of assets have lower returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Alternet Systems is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alternet Systems by adding it to a well-diversified portfolio.
Alternet Systems Valuation on November 14, 2024
It is possible to determine the worth of Alternet Systems on a given historical date. On November 14, 2024 Alternet was worth 8.0E-4 at the beginning of the trading date compared to the closed value of 9.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alternet Systems pink sheet. Still, in general, we apply an absolute valuation method to find Alternet Systems' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alternet Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alternet Systems' related companies.
| Open | High | Low | Close | Volume | |
| 0.0007 | 0.0009 | 0.0007 | 0.0008 | 1,349,692 | |
11/14/2024 | 0.0008 | 0 | 0.0007 | 0.0009 | 5,088,469 |
| 0.0009 | 0.0009 | 0.0006 | 0.0008 | 8,665,970 |
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Alternet Systems Trading Date Momentum on November 14, 2024
| On November 15 2024 Alternet Systems was traded for 0.0008 at the closing time. The top price for the day was 0.0009 and the lowest listed price was 0.0006 . The trading volume for the day was 8.7 M. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 11.11% . The overall trading delta against the current closing price is 22.22% . |
Alternet Systems Fundamentals Correlations and Trends
By evaluating Alternet Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alternet Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alternet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alternet Systems Pink Sheet history
Alternet Systems investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alternet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alternet Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alternet Systems stock prices may prove useful in developing a viable investing in Alternet Systems
Alternet Systems, Inc., through its subsidiaries, focuses on providing digital payments and data analytics, micro segmentation, and marketing intelligence services for the mass consumer goods, payments, financial services, and telecommunications sectors. The company holds a partnership with iQSTEL, Inc. to codevelop two-way device communication solutions specific to the EV operating environment. Alternet Systems operates under Information Technology Services classification in the United States and is traded on OTC Exchange. It employs 2 people.
Alternet Systems Pink Sheet Technical Analysis
Alternet Systems technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Alternet Systems Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Alternet Systems December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alternet Systems pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alternet Systems shares will generate the highest return on investment. By undertsting and applying Alternet Systems pink sheet market strength indicators, traders can identify Alternet Systems entry and exit signals to maximize returns
Alternet Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alternet Systems' price direction in advance. Along with the technical and fundamental analysis of Alternet Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alternet to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 3.12 | |||
| Total Risk Alpha | (2.72) | |||
| Sortino Ratio | 0.1748 | |||
| Treynor Ratio | (3.85) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alternet Pink Sheet analysis
When running Alternet Systems' price analysis, check to measure Alternet Systems' 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 Alternet Systems is operating at the current time. Most of Alternet Systems' value examination focuses on studying past and present price action to predict the probability of Alternet Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternet Systems' price. Additionally, you may evaluate how the addition of Alternet Systems to your portfolios can decrease your overall portfolio volatility.
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