Altagas Stock Price on July 8, 2024
ATGFF Stock | USD 22.90 0.08 0.35% |
If you're considering investing in AltaGas Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of AltaGas stands at 22.90, as last reported on the 27th of December, with the highest price reaching 22.90 and the lowest price hitting 22.90 during the day. AltaGas secures Sharpe Ratio (or Efficiency) of -0.0856, which signifies that the company had a -0.0856% return per unit of risk over the last 3 months. AltaGas exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AltaGas' Standard Deviation of 1.14, risk adjusted performance of (0.07), and Mean Deviation of 0.8247 to double-check the risk estimate we provide.
AltaGas Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
AltaGas |
Sharpe Ratio = -0.0856
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ATGFF |
Estimated Market Risk
1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
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 July 8, 2024
It is possible to determine the worth of AltaGas on a given historical date. On July 8, 2024 AltaGas was worth 22.1 at the beginning of the trading date compared to the closed value of 22.09. 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 | |
22.34 | 22.34 | 22.31 | 22.31 | 230.00 | |
07/08/2024 | 22.10 | 22.10 | 22.03 | 22.09 | 229,355 |
22.08 | 22.25 | 22.08 | 22.12 | 15,288 |
Backtest AltaGas | | | AltaGas History | | | AltaGas Valuation | Previous | Next |
AltaGas Trading Date Momentum on July 8, 2024
On July 09 2024 AltaGas was traded for 22.12 at the closing time. The highest daily price throughout the period was 22.25 and the lowest price was 22.08 . The daily volume was 15.3 K. The net trading volume on 07/09/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.14% . The overall trading delta to current closing price is 1.36% . |
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.
Price Boundaries
AltaGas Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
AltaGas 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.
AltaGas December 27, 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.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (0.52) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |