Altamira Gold Corp Stock Price on May 16, 2023
| ALTA Stock | CAD 0.12 0.01 9.09% |
Below is the normalized historical share price chart for Altamira Gold Corp extending back to April 19, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Altamira Gold stands at 0.12, as last reported on the 23rd of December, with the highest price reaching 0.12 and the lowest price hitting 0.12 during the day.
If you're considering investing in Altamira Stock, it is important to understand the factors that can impact its price. Altamira Gold appears to be out of control, given 3 months investment horizon. Altamira Gold Corp secures Sharpe Ratio (or Efficiency) of 0.0731, which signifies that the company had a 0.0731% return per unit of risk over the last 3 months. By analyzing Altamira Gold's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Altamira Gold's Mean Deviation of 4.76, downside deviation of 9.43, and Risk Adjusted Performance of 0.0515 to double-check if our risk estimates are consistent with your expectations.
At this time, Altamira Gold's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 26.2 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 174.7 K in 2024. . Price To Sales Ratio is likely to drop to 1.32 in 2024. Price Earnings Ratio is likely to climb to -15.62 in 2024. Altamira Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1248 | 50 Day MA 0.1414 | Beta 0.85 |
Altamira |
Sharpe Ratio = 0.0731
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Estimated Market Risk
| 7.9 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Altamira Gold 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 Altamira Gold by adding it to a well-diversified portfolio.
Price Book 1.172 | Book Value 0.102 | Enterprise Value 23.3 M | Enterprise Value Ebitda (18.91) | Shares Float 140 M |
Altamira Gold Valuation on May 16, 2023
It is possible to determine the worth of Altamira Gold on a given historical date. On May 16, 2023 Altamira was worth 0.18 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altamira Gold stock. Still, in general, we apply an absolute valuation method to find Altamira Gold'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 Altamira Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altamira Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.17 | 0.17 | 27,246 | |
05/16/2023 | 0.18 | 0.18 | 0.17 | 0.17 | 56,786 |
| 0.16 | 0.18 | 0.16 | 0.18 | 45,457 |
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Altamira Gold Trading Date Momentum on May 16, 2023
| On May 17 2023 Altamira Gold Corp was traded for 0.18 at the closing time. The maximum traded price for the trading interval was 0.18 and the lowest daily price was 0.16 . The daily volume was recorded at 45.5 K. The volume of trading on 17th of May 2023 played a part in the next trading day price increase. The overall trading delta to the next closing price was 5.88% . The overall trading delta to the closing price today is 11.76% . |
Altamira Gold Corp Fundamentals Correlations and Trends
By evaluating Altamira Gold'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 Altamira Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altamira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altamira Gold Stock history
Altamira Gold 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 Altamira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altamira Gold Corp 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 Altamira Gold stock prices may prove useful in developing a viable investing in Altamira Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 178.9 M | 187.9 M | |
| Net Loss | -574.5 K | -603.3 K |
Altamira Gold Stock Technical Analysis
Altamira Gold technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Altamira Gold Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Altamira Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Altamira Gold December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Altamira Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altamira Gold shares will generate the highest return on investment. By undertsting and applying Altamira Gold stock market strength indicators, traders can identify Altamira Gold Corp entry and exit signals to maximize returns
Altamira Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altamira Gold's price direction in advance. Along with the technical and fundamental analysis of Altamira Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altamira 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 | 0.3726 | |||
| Total Risk Alpha | 0.1919 | |||
| Sortino Ratio | 0.0413 | |||
| Treynor Ratio | 0.2306 |
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Additional Tools for Altamira Stock Analysis
When running Altamira Gold's price analysis, check to measure Altamira Gold'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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.