Alterola Biotech Stock Price on January 31, 2023
| ABTI Stock | USD 0.01 0 25.00% |
If you're considering investing in Alterola Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Alterola Biotech stands at 0.01, as last reported on the 2nd of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Alterola Biotech is out of control given 3 months investment horizon. Alterola Biotech secures Sharpe Ratio (or Efficiency) of 0.0753, which signifies that the company had a 0.0753% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use Alterola Biotech Mean Deviation of 7.43, risk adjusted performance of 0.0515, and Downside Deviation of 39.57 to evaluate company specific risk that cannot be diversified away.
Alterola Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Alterola |
Sharpe Ratio = 0.0753
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Estimated Market Risk
| 20.71 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.56 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Alterola Biotech is performing at about 5% 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 Alterola Biotech by adding it to a well-diversified portfolio.
Alterola Biotech Valuation on January 31, 2023
It is possible to determine the worth of Alterola Biotech on a given historical date. On January 31, 2023 Alterola was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alterola Biotech pink sheet. Still, in general, we apply an absolute valuation method to find Alterola Biotech'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 Alterola Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alterola Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.04 | 0.04 | 21,948 | |
01/31/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.06 | 0.07 | 0.04 | 0.05 | 595,159 |
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Alterola Biotech Trading Date Momentum on January 31, 2023
| On February 01 2023 Alterola Biotech was traded for 0.05 at the closing time. The top price for the day was 0.07 and the lowest listed price was 0.04 . The trading volume for the day was 595.2 K. The trading history from February 1, 2023 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 30.00% . The overall trading delta against the current closing price is 27.50% . |
Alterola Biotech Fundamentals Correlations and Trends
By evaluating Alterola Biotech'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 Alterola Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alterola financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alterola Biotech Pink Sheet history
Alterola Biotech 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 Alterola is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alterola Biotech 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 Alterola Biotech stock prices may prove useful in developing a viable investing in Alterola Biotech
Alterola Biotech, Inc., a pharmaceutical company, engages in the development of cannabinoid and cannabinoid-like molecules. It focuses on the development of regulated human and animal health pharmaceuticals and regulated food products production of active pharmaceutical ingredients and food-grade ingredients and formulation and drug delivery for improved bioavailability, solubility, and stability. Alterola Biotech is traded on OTC Exchange in the United States.
Alterola Biotech Pink Sheet Technical Analysis
Alterola Biotech technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Alterola Biotech Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Alterola Biotech cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alterola Biotech December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alterola Biotech pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alterola Biotech shares will generate the highest return on investment. By undertsting and applying Alterola Biotech pink sheet market strength indicators, traders can identify Alterola Biotech entry and exit signals to maximize returns
Alterola Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alterola Biotech's price direction in advance. Along with the technical and fundamental analysis of Alterola Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alterola 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 | 0.0515 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | (2.33) | |||
| Sortino Ratio | 0.0252 | |||
| Treynor Ratio | (2.33) |
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Complementary Tools for Alterola Pink Sheet analysis
When running Alterola Biotech's price analysis, check to measure Alterola Biotech'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 Alterola Biotech is operating at the current time. Most of Alterola Biotech's value examination focuses on studying past and present price action to predict the probability of Alterola Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alterola Biotech's price. Additionally, you may evaluate how the addition of Alterola Biotech to your portfolios can decrease your overall portfolio volatility.
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