Altair International Financials
| ATAO Stock | USD 0.03 0 9.06% |
With this module, you can analyze Altair financials for your investing period. You should be able to track the changes in Altair International individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Altair |
Understanding current and past Altair International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altair International's financial statements are interrelated, with each one affecting the others. For example, an increase in Altair International's assets may result in an increase in income on the income statement.
The data published in Altair International's official financial statements typically reflect Altair International's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Altair International's quantitative information. For example, before you start analyzing numbers published by Altair accountants, it's essential to understand Altair International's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Altair International Stock Summary
Altair International competes with Adriatic Metals, Azimut Exploration, and AMG Advanced. Altair International Corp. operates in the metals and mining and green technology sectors. The company was incorporated in 2012 and is based in Pittsburgh, Pennsylvania. ALTAIR INTERNATIONAL operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | Building 1B, Pittsburgh, |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | altairinternationalcorp.com |
| Phone | 412 770 3140 |
| Currency | USD - US Dollar |
Altair International Key Financial Ratios
Altair International's financial ratios allow both analysts and investors to convert raw data from Altair International's financial statements into concise, actionable information that can be used to evaluate the performance of Altair International over time and compare it to other companies across industries.| Return On Asset | -6.75 | |||
| Beta | 0.27 | |||
| Z Score | 2.4 |
Altair Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altair International's current stock value. Our valuation model uses many indicators to compare Altair International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altair International competition to find correlations between indicators driving Altair International's intrinsic value. More Info.Altair International Corp is rated below average in return on asset category among its peers. It is rated below average in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altair International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altair International's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Altair International Corp Systematic Risk
Altair International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altair International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Altair International Corp correlated with the market. If Beta is less than 0 Altair International generally moves in the opposite direction as compared to the market. If Altair International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altair International Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altair International is generally in the same direction as the market. If Beta > 1 Altair International moves generally in the same direction as, but more than the movement of the benchmark.
Altair International December 10, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altair International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altair International Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altair International Corp based on widely used predictive technical indicators. In general, we focus on analyzing Altair OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altair International's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 68.34 | |||
| Value At Risk | (17.14) | |||
| Potential Upside | 26.67 |
Other Information on Investing in Altair OTC Stock
Altair International financial ratios help investors to determine whether Altair OTC 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 Altair with respect to the benefits of owning Altair International security.