Altius Minerals Stock Price on November 14, 2023
ATUSF Stock | USD 18.23 0.21 1.17% |
If you're considering investing in Altius OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altius Minerals stands at 18.23, as last reported on the 22nd of December, with the highest price reaching 18.28 and the lowest price hitting 17.95 during the day. Altius Minerals secures Sharpe Ratio (or Efficiency) of -0.0422, which signifies that the company had a -0.0422% return per unit of risk over the last 3 months. Altius Minerals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altius Minerals' Risk Adjusted Performance of (0.02), mean deviation of 1.5, and Standard Deviation of 2.0 to double-check the risk estimate we provide.
Altius OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altius |
Sharpe Ratio = -0.0422
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ATUSF |
Estimated Market Risk
2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altius Minerals 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 Altius Minerals by adding Altius Minerals to a well-diversified portfolio.
Altius Minerals Valuation on November 14, 2023
It is possible to determine the worth of Altius Minerals on a given historical date. On November 14, 2023 Altius was worth 13.43 at the beginning of the trading date compared to the closed value of 13.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altius Minerals otc stock. Still, in general, we apply an absolute valuation method to find Altius Minerals' 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 Altius Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altius Minerals' related companies.
Open | High | Low | Close | Volume | |
13.53 | 13.61 | 13.38 | 13.38 | 23,157 | |
11/14/2023 | 13.43 | 13.71 | 13.40 | 13.41 | 14,820 |
13.52 | 13.93 | 13.52 | 13.67 | 20,106 |
Backtest Altius Minerals | | | Altius Minerals History | | | Altius Minerals Valuation | Previous | Next |
Altius Minerals Trading Date Momentum on November 14, 2023
On November 15 2023 Altius Minerals was traded for 13.67 at the closing time. The highest daily price throughout the period was 13.93 and the lowest price was 13.52 . The daily volume was 20.1 K. The net trading volume on 11/15/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.94% . The overall trading delta to current closing price is 1.57% . |
Altius Minerals Fundamentals Correlations and Trends
By evaluating Altius Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altius Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altius financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altius Minerals OTC Stock history
Altius Minerals 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 Altius is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altius Minerals 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 Altius Minerals stock prices may prove useful in developing a viable investing in Altius Minerals
Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. ALTIUS MINERALS operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Altius Minerals OTC Stock Technical Analysis
Altius Minerals technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Altius Minerals Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Altius Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Altius Minerals December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Altius Minerals otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altius Minerals shares will generate the highest return on investment. By undertsting and applying Altius Minerals otc stock market strength indicators, traders can identify Altius Minerals entry and exit signals to maximize returns
Altius Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altius Minerals' price direction in advance. Along with the technical and fundamental analysis of Altius OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altius 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.45) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Altius OTC Stock analysis
When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |