Alumina Limited Pk Stock Price on August 21, 2023
| AWCMY Stock | USD 3.96 0.06 1.49% |
If you're considering investing in Alumina OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alumina Limited stands at 3.96, as last reported on the 2nd of May, with the highest price reaching 4.05 and the lowest price hitting 3.85 during the day. Alumina Limited appears to be slightly risky, given 3 months investment horizon. Alumina Limited PK secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Alumina Limited's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Alumina Limited's Downside Deviation of 2.43, mean deviation of 2.14, and Risk Adjusted Performance of 0.1214 to double-check if our risk estimates are consistent with your expectations.
Alumina OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alumina |
Sharpe Ratio = 0.1792
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AWCMY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Alumina Limited is performing at about 14% 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 Alumina Limited by adding it to a well-diversified portfolio.
Alumina Limited Valuation on August 21, 2023
It is possible to determine the worth of Alumina Limited on a given historical date. On August 21, 2023 Alumina was worth 3.47 at the beginning of the trading date compared to the closed value of 3.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alumina Limited otc stock. Still, in general, we apply an absolute valuation method to find Alumina Limited's 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 Alumina Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alumina Limited's related companies.
| Open | High | Low | Close | Volume | |
| 3.58 | 3.58 | 3.45 | 3.46 | 5,400 | |
08/21/2023 | 3.47 | 3.47 | 3.41 | 3.41 | 6,901 |
| 3.29 | 3.29 | 3.12 | 3.14 | 16,600 |
| Backtest Alumina Limited | | | Alumina Limited History | | | Alumina Limited Valuation | Previous | Next |
Alumina Limited Trading Date Momentum on August 21, 2023
| On August 22 2023 Alumina Limited PK was traded for 3.14 at the closing time. The highest daily price throughout the period was 3.29 and the lowest price was 3.12 . The daily volume was 16.6 K. The net trading volume on 08/22/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 7.92% . The overall trading delta to current closing price is 19.35% . |
Alumina Limited PK Fundamentals Correlations and Trends
By evaluating Alumina Limited's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alumina Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alumina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alumina Limited OTC Stock history
Alumina Limited 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 Alumina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alumina Limited PK 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 Alumina Limited stock prices may prove useful in developing a viable investing in Alumina Limited
Alumina Limited, through its 40 percent interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia. ALUMINA operates under Aluminum classification in the United States and is traded on OTC Exchange.
Alumina Limited OTC Stock Technical Analysis
Alumina Limited technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Alumina Limited Period Price Range
Low | August 21, 2023
| High |
3.47 | 3.41 |
Alumina Limited May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alumina Limited otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumina Limited shares will generate the highest return on investment. By undertsting and applying Alumina Limited otc stock market strength indicators, traders can identify Alumina Limited PK entry and exit signals to maximize returns
Alumina Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alumina Limited's price direction in advance. Along with the technical and fundamental analysis of Alumina OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alumina 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 | 0.1214 | |||
| Jensen Alpha | 0.4396 | |||
| Total Risk Alpha | 0.2783 | |||
| Sortino Ratio | 0.1858 | |||
| Treynor Ratio | 0.4085 |
| 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 Alumina Limited PK. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Alumina OTC Stock analysis
When running Alumina Limited's price analysis, check to measure Alumina Limited's 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 Alumina Limited is operating at the current time. Most of Alumina Limited's value examination focuses on studying past and present price action to predict the probability of Alumina Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumina Limited's price. Additionally, you may evaluate how the addition of Alumina Limited to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |