Alumina Limited Pk Stock Today
| AWCMY Stock | USD 3.97 0.09 2.32% |
Performance14 of 100
| Odds Of DistressLess than 9
|
Alumina Limited is trading at 3.97 as of the 23rd of April 2024; that is 2.32 percent up since the beginning of the trading day. The stock's open price was 3.88. Alumina Limited has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Alumina Limited PK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
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. The company has 725.42 M outstanding shares of which 247.18 K shares are presently shorted by private and institutional investors with about 0.95 days to cover all short positions. More on Alumina Limited PK
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Follow Valuation Odds of Bankruptcy
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Alumina OTC 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. Alumina Limited's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alumina Limited or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Executive Director | Peter Wasow |
| Business Concentration | Materials, Metals & Mining, Aluminum, Basic Materials (View all Sectors) |
Alumina Limited PK [AWCMY] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alumina Limited's market, we take the total number of its shares issued and multiply it by Alumina Limited'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. Alumina Limited PK classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 725.42 M outstanding shares of which 247.18 K shares are presently shorted by private and institutional investors with about 0.95 days to cover all short positions.
Alumina Limited PK has accumulated about 19.3 M in cash with 175.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Alumina Limited Probability Of Bankruptcy
Ownership AllocationAlumina Limited PK retains a total of 725.42 Million outstanding shares. Almost 100.0 percent of Alumina Limited outstanding shares are held by general public with 0.07 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Alumina Ownership Details
Alumina Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Alumina Limited jumping above the current price in 90 days from now is nearly 4.15%. The Alumina Limited PK probability density function shows the probability of Alumina Limited otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Alumina Limited has a beta of 0.9215. This suggests Alumina Limited PK market returns are sensitive to returns on the market. As the market goes up or down, Alumina Limited is expected to follow. Additionally, alumina Limited PK has an alpha of 0.5675, implying that it can generate a 0.57 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Alumina Limited to move above the current price in 90 days from now is nearly 4.15 (This Alumina Limited PK probability density function shows the probability of Alumina OTC Stock to fall within a particular range of prices over 90 days) .
Alumina Limited PK Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Alumina Limited market risk premium is the additional return an investor will receive from holding Alumina Limited 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 Alumina Limited. 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 Alumina Limited's alpha and beta are two of the key measurements used to evaluate Alumina Limited's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.12 | |||
| Semi Deviation | 1.76 | |||
| Standard Deviation | 2.82 | |||
| Variance | 7.97 |
Alumina Stock Against Markets
Picking the right benchmark for Alumina Limited otc 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 Alumina Limited otc 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 Alumina Limited is critical whether you are bullish or bearish towards Alumina Limited PK at a given time. Please also check how Alumina Limited'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 Alumina Limited 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.Did you try this?
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Alumina Limited Corporate Directors
Alumina Limited corporate directors refer to members of an Alumina Limited board of directors. The board of directors generally takes responsibility for the Alumina Limited'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 Alumina Limited's board members must vote for the resolution. The Alumina Limited board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Emma Stein | Independent Non-Executive Director | Profile | |
| Chen Zeng | Director | Profile | |
| John Bevan | Non-Executive Independent Director | Profile | |
| Peter Day | Non-Executive Director | Profile |
How to buy Alumina OTC Stock?
Before investing in Alumina Limited, 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 Alumina Limited. To buy Alumina Limited stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alumina Limited. 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 Alumina Limited stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alumina Limited PK 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 Alumina Limited PK 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 Alumina Limited PK, 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 Alumina Limited PK?
The danger of trading Alumina Limited PK is mainly related to its market volatility and OTC Stock 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 Alumina Limited 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 Alumina Limited. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alumina Limited PK 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 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.
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