Alaska Power Telephone Stock Market Value
| APTL Stock | USD 55.50 0.00 0.00% |
| Symbol | Alaska |
Alaska Power '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 Alaska Power's pink sheet 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 Alaska Power.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Alaska Power on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Alaska Power Telephone or generate 0.0% return on investment in Alaska Power over 720 days. Alaska Power is related to or competes with Ayala, Alliance Global, Ayala Corp, Windrock Land, and 3M. Alaska Power Telephone Company, together with its subsidiaries, provides regulated electric and telephone services in ru... More
Alaska Power 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 Alaska Power's pink sheet 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 Alaska Power Telephone upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.7346 |
Alaska Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alaska Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alaska Power's standard deviation. In reality, there are many statistical measures that can use Alaska Power historical prices to predict the future Alaska Power's volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.1011 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alaska Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alaska Power Telephone Backtested Returns
As of now, Alaska Pink Sheet is very steady. Alaska Power Telephone secures Sharpe Ratio (or Efficiency) of 0.0416, which signifies that the company had a 0.0416% return per unit of standard deviation over the last 3 months. We have found nineteen technical indicators for Alaska Power Telephone, which you can use to evaluate the volatility of the firm. Please confirm Alaska Power's mean deviation of 0.1604, and Risk Adjusted Performance of 0.0247 to double-check if the risk estimate we provide is consistent with the expected return of 0.0198%. Alaska Power has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0881, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alaska Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alaska Power is expected to be smaller as well. Alaska Power Telephone right now shows a risk of 0.48%. Please confirm Alaska Power Telephone variance, as well as the relationship between the potential upside and day typical price , to decide if Alaska Power Telephone will be following its price patterns.
Auto-correlation | 0.30 |
Below average predictability
Alaska Power Telephone has below average predictability. Overlapping area represents the amount of predictability between Alaska Power time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Alaska Power Telephone price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Alaska Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 6.73 |
Alaska Power Telephone lagged returns against current returns
Autocorrelation, which is Alaska Power pink sheet'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 Alaska Power's pink sheet expected returns. We can calculate the autocorrelation of Alaska Power returns to help us make a trade decision. For example, suppose you find that Alaska Power has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Alaska Power 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 Alaska Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alaska Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alaska Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alaska Power Lagged Returns
When evaluating Alaska Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alaska Power pink sheet have on its future price. Alaska Power 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, Alaska Power autocorrelation shows the relationship between Alaska Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alaska Power Telephone.
Regressed Prices |
| Timeline |
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Alaska Power financial ratios help investors to determine whether Alaska Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alaska with respect to the benefits of owning Alaska Power security.