Aluar Aluminio (Argentina) Today

ALUA Stock  ARS 888.00  40.00  4.31%   

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Aluar Aluminio is trading at 888.00 as of the 29th of March 2024, a -4.31 percent down since the beginning of the trading day. The stock's open price was 928.0. Aluar Aluminio has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Aluar Aluminio Argentino are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Aluar Aluminio Argentino S.A.I.C. produces and sells aluminum products worldwide. The company was founded in 1974 and is headquartered in Buenos Aires, Argentina. ALUAR ALUMINIO is traded on Buenos-Aires Stock Exchange in Argentina. The company has 2.8 B outstanding shares. More on Aluar Aluminio Argentino
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Aluar Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aluar Aluminio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aluar Aluminio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJavier Quintanilla
Business ConcentrationAluminum, Basic Materials (View all Sectors)
Aluar Aluminio Argentino (ALUA) is traded on Buenos Aires Exchange in Argentina and employs 26 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 585.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aluar Aluminio's market, we take the total number of its shares issued and multiply it by Aluar Aluminio's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aluar Aluminio Argentino operates under Basic Materials sector and is part of Aluminum industry. The entity has 2.8 B outstanding shares. Aluar Aluminio Argentino has accumulated about 7.25 B in cash with 23.47 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.59.
Check Aluar Aluminio Probability Of Bankruptcy
Ownership Allocation
Aluar Aluminio holds a total of 2.8 Billion outstanding shares. Aluar Aluminio Argentino retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aluar Ownership Details

Aluar Stock Price Odds Analysis

What are Aluar Aluminio's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Aluar Aluminio jumping above the current price in 90 days from now is about 63.66%. The Aluar Aluminio Argentino probability density function shows the probability of Aluar Aluminio stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aluar Aluminio Argentino has a beta of -0.5317. This suggests as returns on benchmark increase, returns on holding Aluar Aluminio are expected to decrease at a much lower rate. During the bear market, however, Aluar Aluminio Argentino is likely to outperform the market. Additionally, aluar Aluminio Argentino has an alpha of 0.0378, implying that it can generate a 0.0378 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 888.0HorizonTargetOdds Above 888.0
36.21%90 days
 888.00 
63.66%
Based on a normal probability distribution, the odds of Aluar Aluminio to move above the current price in 90 days from now is about 63.66 (This Aluar Aluminio Argentino probability density function shows the probability of Aluar Stock to fall within a particular range of prices over 90 days) .

Aluar Aluminio Argentino Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aluar Aluminio market risk premium is the additional return an investor will receive from holding Aluar Aluminio long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aluar Aluminio. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aluar Aluminio's alpha and beta are two of the key measurements used to evaluate Aluar Aluminio's performance over the market, the standard measures of volatility play an important role as well.

Aluar Stock Against Markets

Picking the right benchmark for Aluar Aluminio stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aluar Aluminio stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aluar Aluminio is critical whether you are bullish or bearish towards Aluar Aluminio Argentino at a given time. Please also check how Aluar Aluminio's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aluar Aluminio without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Aluar Aluminio Corporate Directors

Aluar Aluminio corporate directors refer to members of an Aluar Aluminio board of directors. The board of directors generally takes responsibility for the Aluar Aluminio's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aluar Aluminio's board members must vote for the resolution. The Aluar Aluminio board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Alberto CostaDirector of Legal Affairs, Director of Investor Relations, Secretary, DirectorProfile
Daniel KlainerDirector of Corporate Affairs, DirectorProfile
Alberto MarcelIndependent DirectorProfile
Angel ManteroDirectorProfile

How to buy Aluar Stock?

Before investing in Aluar Aluminio, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aluar Aluminio. To buy Aluar Aluminio stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aluar Aluminio. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Aluar Aluminio stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Aluar Aluminio Argentino stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Aluar Aluminio Argentino stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aluar Aluminio Argentino, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Aluar Aluminio Argentino?

The danger of trading Aluar Aluminio Argentino is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aluar Aluminio is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aluar Aluminio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aluar Aluminio Argentino is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aluar Aluminio Argentino. 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.
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When running Aluar Aluminio's price analysis, check to measure Aluar Aluminio'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 Aluar Aluminio is operating at the current time. Most of Aluar Aluminio's value examination focuses on studying past and present price action to predict the probability of Aluar Aluminio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aluar Aluminio's price. Additionally, you may evaluate how the addition of Aluar Aluminio to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aluar Aluminio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aluar Aluminio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aluar Aluminio's 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.