Alarum Technologies Stock Market Value
| ALAR Stock | 11.59 0.56 4.61% |
| Symbol | Alarum |
Alarum Technologies Price To Book Ratio
Is Application Software 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 Alarum Technologies. If investors know Alarum 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 Alarum Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.3 | Revenue Per Share 6 | Quarterly Revenue Growth 0.272 | Return On Assets 0.2357 | Return On Equity 0.2916 |
The market value of Alarum Technologies is measured differently than its book value, which is the value of Alarum that is recorded on the company's balance sheet. Investors also form their own opinion of Alarum Technologies' value that differs from its market value or its book value, called intrinsic value, which is Alarum Technologies' 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 Alarum Technologies' market value can be influenced by many factors that don't directly affect Alarum Technologies' 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 Alarum Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alarum Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alarum Technologies' 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.
Alarum Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alarum Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alarum Technologies.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Alarum Technologies on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Alarum Technologies or generate 0.0% return on investment in Alarum Technologies over 30 days. Alarum Technologies is related to or competes with Evertec, NetScout Systems, CSG Systems, Tenable Holdings, Rapid7, and CyberArk Software. Alarum Technologies is entity of United States More
Alarum Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alarum Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alarum Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.62 | |||
| Information Ratio | 0.0233 | |||
| Maximum Drawdown | 48.0 | |||
| Value At Risk | (9.36) | |||
| Potential Upside | 12.8 |
Alarum Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alarum Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alarum Technologies' standard deviation. In reality, there are many statistical measures that can use Alarum Technologies historical prices to predict the future Alarum Technologies' volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | 0.1348 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | 0.1341 |
Alarum Technologies Backtested Returns
Alarum Technologies appears to be moderately volatile, given 3 months investment horizon. Alarum Technologies secures Sharpe Ratio (or Efficiency) of 0.036, which signifies that the company had a 0.036% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alarum Technologies, which you can use to evaluate the volatility of the firm. Please makes use of Alarum Technologies' mean deviation of 5.37, and Risk Adjusted Performance of 0.0323 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alarum Technologies holds a performance score of 2. The firm shows a Beta (market volatility) of 1.76, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alarum Technologies will likely underperform. Please check Alarum Technologies' value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Alarum Technologies' price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Alarum Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Alarum Technologies time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alarum Technologies price movement. The serial correlation of -0.02 indicates that only 2.0% of current Alarum Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Alarum Technologies lagged returns against current returns
Autocorrelation, which is Alarum Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alarum Technologies' stock expected returns. We can calculate the autocorrelation of Alarum Technologies returns to help us make a trade decision. For example, suppose you find that Alarum Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alarum Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alarum Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alarum Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alarum Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Alarum Technologies Lagged Returns
When evaluating Alarum Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alarum Technologies stock have on its future price. Alarum Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alarum Technologies autocorrelation shows the relationship between Alarum Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Alarum Technologies.
Regressed Prices |
| Timeline |
Pair Trading with Alarum Technologies
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 Alarum Technologies 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 Alarum Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Alarum Stock
The ability to find closely correlated positions to Alarum Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarum Technologies 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 Alarum Technologies - 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 Alarum Technologies to buy it.
The correlation of Alarum Technologies 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 Alarum Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarum Technologies 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 Alarum Technologies 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.Additional Tools for Alarum Stock Analysis
When running Alarum Technologies' price analysis, check to measure Alarum Technologies' 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 Alarum Technologies is operating at the current time. Most of Alarum Technologies' value examination focuses on studying past and present price action to predict the probability of Alarum Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarum Technologies' price. Additionally, you may evaluate how the addition of Alarum Technologies to your portfolios can decrease your overall portfolio volatility.