Altagas Stock Price on May 17, 2023

If you're considering investing in AltaGas Pink Sheet, it is important to understand the factors that can impact its price. AltaGas secures Sharpe Ratio (or Efficiency) of -0.0821, which signifies that the company had a -0.0821% return per unit of risk over the last 3 months. AltaGas exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
  
AltaGas Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average AltaGas is not performing at its full potential. However, 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 AltaGas by adding AltaGas to a well-diversified portfolio.

AltaGas Valuation on May 17, 2023

It is possible to determine the worth of AltaGas on a given historical date. On May 17, 2023 AltaGas was worth 16.1 at the beginning of the trading date compared to the closed value of 16.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AltaGas pink sheet. Still, in general, we apply an absolute valuation method to find AltaGas' 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 AltaGas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AltaGas' related companies.
 Open High Low Close Volume
  16.25    16.25    16.10    16.10    681.00  
05/17/2023
  16.10    16.19    16.09    16.19    1,716  
  16.02    16.02    16.02    16.02    2,023  
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Open Value
16.1
16.19
Closing Value
19.61
Upside

AltaGas Trading Date Momentum on May 17, 2023

On May 18 2023 AltaGas was traded for  16.02  at the closing time. The highest daily price throughout the period was 16.02  and the lowest price was  16.02 . The daily volume was 2 K. The net trading volume on 05/18/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.05% . The overall trading delta to current closing price is 0.19% .

AltaGas Fundamentals Correlations and Trends

By evaluating AltaGas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AltaGas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AltaGas financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AltaGas Pink Sheet history

AltaGas 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 AltaGas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AltaGas 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 AltaGas stock prices may prove useful in developing a viable investing in AltaGas
AltaGas Ltd. operates as an energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. Altagas operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 2926 people.

AltaGas Pink Sheet Technical Analysis

AltaGas 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.
A focus of AltaGas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AltaGas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AltaGas Period Price Range

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AltaGas December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how AltaGas 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 AltaGas shares will generate the highest return on investment. By undertsting and applying AltaGas pink sheet market strength indicators, traders can identify AltaGas entry and exit signals to maximize returns

AltaGas Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AltaGas' price direction in advance. Along with the technical and fundamental analysis of AltaGas Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of AltaGas 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.

Complementary Tools for AltaGas Pink Sheet analysis

When running AltaGas' price analysis, check to measure AltaGas' 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 AltaGas is operating at the current time. Most of AltaGas' value examination focuses on studying past and present price action to predict the probability of AltaGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AltaGas' price. Additionally, you may evaluate how the addition of AltaGas to your portfolios can decrease your overall portfolio volatility.
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