EV Minerals Commences Trading on the Canadian Securities Exchange - Yahoo Finance
| ALTA Stock | CAD 0.12 0.01 9.09% |
Slightly above 54% of Altamira Gold's sophisticated investors are presently thinking to get in. The current sentiment regarding investing in Altamira Gold Corp stock implies that some traders are interested. Altamira Gold's investing sentiment can be driven by a variety of factors including economic data, Altamira Gold's earnings reports, geopolitical events, and overall market trends.
Altamira Gold stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Altamira daily returns and investor perception about the current price of Altamira Gold Corp as well as its diversification or hedging effects on your existing portfolios.
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EV Minerals Commences Trading on the Canadian Securities Exchange Yahoo Finance
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Altamira Gold Fundamental Analysis
We analyze Altamira Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altamira Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altamira Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Altamira Gold is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Altamira Gold Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Altamira Gold stock to make a market-neutral strategy. Peer analysis of Altamira Gold could also be used in its relative valuation, which is a method of valuing Altamira Gold by comparing valuation metrics with similar companies.
Peers
Altamira Gold Related Equities
| QGR | Q Gold | 23.08 | ||||
| GLB | Goldbank Mining | 0.00 |
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.