Altice Usa Stock Price on October 29, 2024
| ATUS Stock | USD 2.69 0.11 4.26% |
Below is the normalized historical share price chart for Altice USA extending back to June 22, 2017. 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 Altice USA stands at 2.69, as last reported on the 12th of November 2024, with the highest price reaching 2.75 and the lowest price hitting 2.53 during the day.
If you're considering investing in Altice Stock, it is important to understand the factors that can impact its price. Altice USA appears to be risky, given 3 months investment horizon. Altice USA secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. By analyzing Altice USA's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please makes use of Altice USA's Risk Adjusted Performance of 0.1704, mean deviation of 2.97, and Downside Deviation of 2.7 to double-check if our risk estimates are consistent with your expectations.
At this time, Altice USA's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 4.6 M in 2024, whereas Treasury Stock is likely to drop (154.9 M) in 2024. . Price To Free Cash Flows Ratio is likely to gain to 18.26 in 2024, whereas Price To Sales Ratio is likely to drop 0.15 in 2024. Altice Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of June 2017 | 200 Day MA 2.2135 | 50 Day MA 2.3434 | Beta 1.523 |
Altice |
Sharpe Ratio = 0.2184
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Altice USA is performing at about 17% 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 Altice USA by adding it to a well-diversified portfolio.
Price Book 28.7588 | Enterprise Value Ebitda 8.308 | Price Sales 0.1319 | Shares Float 233.2 M | Wall Street Target Price 2.14 |
Related Headline
Charter Communications Headline on 29th of October 2024
CMCSAs Q3 results are likely to benefit from the steady performance of theme parks and the Peacock streaming service amid a slowing broadband subscriber base.
Altice USA Valuation on October 29, 2024
It is possible to determine the worth of Altice USA on a given historical date. On October 29, 2024 Altice was worth 2.56 at the beginning of the trading date compared to the closed value of 2.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altice USA stock. Still, in general, we apply an absolute valuation method to find Altice USA'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 Altice USA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altice USA's related companies.
| Open | High | Low | Close | Volume | |
| 2.58 | 2.65 | 2.55 | 2.57 | 3,612,485 | |
10/29/2024 | 2.56 | 2.61 | 2.46 | 2.58 | 3,074,362 |
| 2.54 | 2.59 | 2.48 | 2.52 | 3,201,854 |
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Altice USA Trading Date Momentum on October 29, 2024
| On October 30 2024 Altice USA was traded for 2.52 at the closing time. The top price for the day was 2.59 and the lowest listed price was 2.48 . The trading volume for the day was 3.2 M. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.33% . The overall trading delta against the current closing price is 0.78% . |
Altice USA Fundamentals Correlations and Trends
By evaluating Altice USA'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 Altice USA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altice financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altice USA Stock history
Altice USA 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 Altice is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altice USA 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 Altice USA stock prices may prove useful in developing a viable investing in Altice USA
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 455 M | 537.2 M | |
| Net Income Applicable To Common Shares | 223.7 M | 338.7 M |
Altice USA Stock Technical Analysis
Altice USA 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
Altice USA Period Price Range
Low | November 12, 2024
| High |
0.00 | 0.00 |
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Altice USA November 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Altice USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altice USA shares will generate the highest return on investment. By undertsting and applying Altice USA stock market strength indicators, traders can identify Altice USA entry and exit signals to maximize returns
Altice USA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altice USA's price direction in advance. Along with the technical and fundamental analysis of Altice Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altice 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 | 0.1704 | |||
| Jensen Alpha | 0.8253 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.2562 | |||
| Treynor Ratio | 4.27 |
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Additional Tools for Altice Stock Analysis
When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.