Altus Group Earnings Estimate

AIF Stock  CAD 60.80  1.11  1.86%   
By analyzing Altus Group's earnings estimates, investors can diagnose different trends across Altus Group's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Altus Group Limited is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Altus Group is projected to generate 0.33125 in earnings per share on the 31st of December 2024. Altus Group earnings estimates show analyst consensus about projected Altus Group Limited EPS (Earning Per Share). It derives the highest and the lowest estimates based on Altus Group's historical volatility. Many public companies, such as Altus Group, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Altus Group's earnings estimates, investors can diagnose different trends across Altus Group's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Altus Group's Pretax Profit Margin is very stable compared to the past year. As of the 5th of December 2024, Operating Profit Margin is likely to grow to 0.07, while Gross Profit is likely to drop about 185.9 M.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Altus Group Earnings per Share Projection vs Actual

About Altus Group Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Altus Group earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Altus Group estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Altus Group fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-259.3 M-246.4 M
Earnings Yield 0.01  0.01 
Price Earnings Ratio 184.49  193.72 
Price Earnings To Growth Ratio(0.15)(0.16)

Pair Trading with Altus Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altus Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altus Group will appreciate offsetting losses from the drop in the long position's value.

Moving against Altus Stock

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The ability to find closely correlated positions to Altus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altus Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altus Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altus Group Limited to buy it.
The correlation of Altus Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altus Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altus Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altus Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Altus Stock

Altus Group financial ratios help investors to determine whether Altus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Group security.