Altius Minerals Stock Price on February 26, 2024
| ALS Stock | CAD 21.80 0.28 1.30% |
Below is the normalized historical share price chart for Altius Minerals extending back to October 31, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Altius Minerals stands at 21.80, as last reported on the 6th of May, with the highest price reaching 21.91 and the lowest price hitting 21.50 during the day.
If you're considering investing in Altius Stock, it is important to understand the factors that can impact its price. Altius Minerals appears to be very steady, given 3 months investment horizon. Altius Minerals secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. We have found thirty technical indicators for Altius Minerals, which you can use to evaluate the volatility of the firm. Please makes use of Altius Minerals' Risk Adjusted Performance of 0.1285, mean deviation of 1.32, and Downside Deviation of 1.39 to double-check if our risk estimates are consistent with your expectations.
At this time, Altius Minerals' Total Stockholder Equity is very stable compared to the past year. As of the 6th of May 2024, Liabilities And Stockholders Equity is likely to grow to about 942.6 M, while Common Stock Total Equity is likely to drop about 158.2 M. . At this time, Altius Minerals' Price Earnings Ratio is very stable compared to the past year. As of the 6th of May 2024, Price Book Value Ratio is likely to grow to 3.23, while Price To Sales Ratio is likely to drop 16.26. Altius Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.7132 | 50 Day MA 20.1396 | Beta 0.97 |
Altius |
Sharpe Ratio = 0.2431
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ALS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Altius Minerals is performing at about 18% 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 Altius Minerals by adding it to a well-diversified portfolio.
Price Book 2.0083 | Enterprise Value Ebitda 23.7404 | Price Sales 14.2337 | Shares Float 42.2 M | Dividend Share 0.32 |
Altius Minerals Valuation on February 26, 2024
It is possible to determine the worth of Altius Minerals on a given historical date. On February 26, 2024 Altius was worth 17.04 at the beginning of the trading date compared to the closed value of 16.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altius Minerals stock. Still, in general, we apply an absolute valuation method to find Altius Minerals' 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 Altius Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altius Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 16.77 | 17.13 | 16.70 | 16.99 | 143,585 | |
02/26/2024 | 17.04 | 17.06 | 16.80 | 16.80 | 51,253 |
| 16.99 | 17.17 | 16.81 | 17.10 | 38,301 |
| Backtest Altius Minerals | | | Altius Minerals History | | | Altius Minerals Valuation | Previous | Next |
Altius Minerals Trading Date Momentum on February 26, 2024
| On February 27 2024 Altius Minerals was traded for 17.10 at the closing time. The maximum traded price for the trading interval was 17.17 and the lowest daily price was 16.81 . The daily volume was recorded at 38.3 K. The volume of trading on 27th of February 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.79% . The overall trading delta to the closing price today is 13.39% . |
Altius Minerals Fundamentals Correlations and Trends
By evaluating Altius Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altius Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altius financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altius Minerals Stock history
Altius Minerals 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 Altius is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altius Minerals 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 Altius Minerals stock prices may prove useful in developing a viable investing in Altius Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.1 M | 33.5 M | |
| Net Income Applicable To Common Shares | 43.1 M | 45.3 M |
Altius Minerals Quarterly Net Working Capital |
|
Altius Minerals Stock Technical Analysis
Altius Minerals technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Altius Minerals Period Price Range
Low | February 26, 2024
| High |
17.04 | 16.80 |
Altius Minerals May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Altius Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altius Minerals shares will generate the highest return on investment. By undertsting and applying Altius Minerals stock market strength indicators, traders can identify Altius Minerals entry and exit signals to maximize returns
Altius Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altius Minerals' price direction in advance. Along with the technical and fundamental analysis of Altius Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altius 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 | 0.1285 | |||
| Jensen Alpha | 0.2899 | |||
| Total Risk Alpha | 0.133 | |||
| Sortino Ratio | 0.1806 | |||
| Treynor Ratio | 0.7112 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altius Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Altius Stock analysis
When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |