Altamira Gold Corp Stock Buy Hold or Sell Recommendation
| EQTRF Stock | USD 0.09 0 3.18% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Altamira Gold Corp is 'Strong Sell'. Macroaxis provides Altamira Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EQTRF positions.
Check out Altamira Gold 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. Note, we conduct extensive research on individual companies such as Altamira and provide practical buy, sell, or hold advice based on investors' constraints. Altamira Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Altamira |
Execute Altamira Gold Buy or Sell Advice
The Altamira recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altamira Gold Corp. Macroaxis does not own or have any residual interests in Altamira Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altamira Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Altamira Gold Trading Alerts and Improvement Suggestions
| Altamira Gold Corp had very high historical volatility over the last 90 days | |
| Altamira Gold Corp has some characteristics of a very speculative penny stock | |
| Altamira Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altamira Gold Corp has accumulated about 3.25 M in cash with (960.65 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Altamira Gold Returns Distribution Density
The distribution of Altamira Gold's historical returns is an attempt to chart the uncertainty of Altamira Gold's future price movements. The chart of the probability distribution of Altamira Gold daily returns describes the distribution of returns around its average expected value. We use Altamira Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altamira Gold returns is essential to provide solid investment advice for Altamira Gold.
| Mean Return | 0.33 | Value At Risk | -8.33 | Potential Upside | 8.83 | Standard Deviation | 5.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altamira Gold 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.
Altamira Gold 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 Altamira Gold or Basic Materials 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 Altamira Gold's 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 Altamira 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 | 0.47 | |
β | Beta against Dow Jones | -1.14 | |
σ | Overall volatility | 5.97 | |
Ir | Information ratio | 0.03 |
Altamira Gold Volatility Alert
Altamira Gold Corp exhibits above-average semi-deviation for your current time horizon. Altamira Gold Corp is a penny stock. Although Altamira Gold may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Altamira Gold Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Altamira 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.Altamira Gold Fundamentals Vs Peers
Comparing Altamira Gold's 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 Altamira Gold's direct or indirect competition across all of the common fundamentals between Altamira Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altamira Gold or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Altamira Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Altamira Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Altamira Gold to competition |
| Fundamentals | Altamira Gold | Peer Average |
| Return On Equity | -0.0803 | -0.31 |
| Return On Asset | -0.0469 | -0.14 |
| Current Valuation | 29.5 M | 16.62 B |
| Shares Outstanding | 163.74 M | 571.82 M |
| Shares Owned By Insiders | 10.25 % | 10.09 % |
| Shares Owned By Institutions | 15.80 % | 39.21 % |
| Price To Earning | (2.81) X | 28.72 X |
| Price To Book | 2.19 X | 9.51 X |
| EBITDA | (1.57 M) | 3.9 B |
| Net Income | (1.58 M) | 570.98 M |
| Cash And Equivalents | 3.25 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 9.56 X | 2.16 X |
| Book Value Per Share | 0.12 X | 1.93 K |
| Cash Flow From Operations | (960.65 K) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Number Of Employees | 43 | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 24.82 M | 19.03 B |
| Total Asset | 19.81 M | 29.47 B |
| Net Asset | 19.81 M |
Altamira Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altamira . 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 Altamira Gold Buy or Sell Advice
When is the right time to buy or sell Altamira Gold Corp? Buying financial instruments such as Altamira 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.
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Business Supplies
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Other Information on Investing in Altamira Pink Sheet
Altamira Gold financial ratios help investors to determine whether Altamira Pink Sheet 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 Altamira with respect to the benefits of owning Altamira Gold security.