Alarum Historical Valuation
| ALAR Stock | 11.92 0.22 1.81% |
Some fundamental drivers such as market cap or Alarum Technologies enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Alarum Technologies valuation indicators such as Working Capital of 0.0 or Enterprise Value of 65.1 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Alarum Technologies's future value.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alarum Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. About Alarum Valuation Data Analysis
Valuation is the financial process of determining what Alarum Technologies is worth. Alarum Technologies valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Alarum Technologies valuation ratios help investors to determine whether Alarum Stock 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 Alarum with respect to the benefits of owning Alarum Technologies security.
Alarum Technologies Valuation Data Chart
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 together with Alarum Stock
Moving against Alarum Stock
| 0.62 | VERI | Veritone Tech Boost | PairCorr |
| 0.53 | EXOD | Exodus Movement, Tech Boost | PairCorr |
| 0.35 | DTSS | Datasea | PairCorr |
| 0.31 | DOCN | DigitalOcean Holdings | PairCorr |
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.