Altex Industries Stock Buy Hold or Sell Recommendation
| ALTX Stock | USD 0.30 0.06 25.00% |
Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding Altex Industries is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Altex Industries given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Altex Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Altex Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Altex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Altex Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Altex |
Execute Altex Industries Buy or Sell Advice
The Altex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altex Industries. Macroaxis does not own or have any residual interests in Altex Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altex Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Altex Industries Trading Alerts and Improvement Suggestions
| Altex Industries is way too risky over 90 days horizon | |
| Altex Industries has some characteristics of a very speculative penny stock | |
| Altex Industries appears to be risky and price may revert if volatility continues | |
| Altex Industries currently holds about 2.39 M in cash with (129 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Roughly 63.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Is Berkshire Hathaway the Best Safe Stock to Buy According to Analysts |
Altex Industries Returns Distribution Density
The distribution of Altex Industries' historical returns is an attempt to chart the uncertainty of Altex Industries' future price movements. The chart of the probability distribution of Altex Industries daily returns describes the distribution of returns around its average expected value. We use Altex Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altex Industries returns is essential to provide solid investment advice for Altex Industries.
| Mean Return | 0.28 | Value At Risk | -10 | Potential Upside | 8.33 | Standard Deviation | 6.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altex Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Altex Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Altex Industries or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Altex Industries' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Altex pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | -0.28 | |
σ | Overall volatility | 5.39 | |
Ir | Information ratio | 0.03 |
Altex Industries Volatility Alert
Altex Industries is displaying above-average volatility over the selected time horizon. Altex Industries is a potential penny stock. Although Altex Industries may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Altex Industries. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Altex instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Altex Industries Fundamentals Vs Peers
Comparing Altex Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Altex Industries' direct or indirect competition across all of the common fundamentals between Altex Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altex Industries or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Altex Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Altex Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Altex Industries to competition |
| Fundamentals | Altex Industries | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | -0.0663 | -0.14 |
| Profit Margin | 10.04 % | (1.27) % |
| Operating Margin | (9.76) % | (5.51) % |
| Current Valuation | (1.33 M) | 16.62 B |
| Shares Outstanding | 11.52 M | 571.82 M |
| Shares Owned By Insiders | 62.80 % | 10.09 % |
| Price To Earning | 3.23 X | 28.72 X |
| Price To Book | 0.72 X | 9.51 X |
| Price To Sales | 18.26 X | 11.42 X |
| Revenue | 36 K | 9.43 B |
| Gross Profit | 33 K | 27.38 B |
| EBITDA | 322 K | 3.9 B |
| Net Income | 313 K | 570.98 M |
| Cash And Equivalents | 2.39 M | 2.7 B |
| Cash Per Share | 0.20 X | 5.01 X |
| Total Debt | 77 K | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 2.19 X | 2.16 X |
| Book Value Per Share | 0.10 X | 1.93 K |
| Cash Flow From Operations | (129 K) | 971.22 M |
| Earnings Per Share | 0.02 X | 3.12 X |
| Target Price | 2.6 | |
| Number Of Employees | 3 | 18.84 K |
| Beta | 0.25 | -0.15 |
| Market Capitalization | 1.4 M | 19.03 B |
| Total Asset | 2.49 M | 29.47 B |
| Retained Earnings | (11.72 M) | 9.33 B |
| Working Capital | 2.1 M | 1.48 B |
| Current Asset | 2.72 M | 9.34 B |
| Current Liabilities | 627 K | 7.9 B |
| Z Score | 5.2 | 8.72 |
| Net Asset | 2.49 M |
Altex Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Altex Industries Buy or Sell Advice
When is the right time to buy or sell Altex Industries? Buying financial instruments such as Altex Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Altex Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Energy ETFs Thematic Idea Now
Energy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 91 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Energy ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Altex Pink Sheet Analysis
When running Altex Industries' price analysis, check to measure Altex Industries' 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 Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.