Altair Engineering insider sells over 1 million in stock - Investing.com Canada
| AVX Stock | CAD 0.01 0.00 0.00% |
Slightly above 56% of Altair Resources' investor base is looking to short. The analysis of current outlook of investing in Altair Resources suggests that many traders are alarmed regarding Altair Resources' prospects. Altair Resources' investing sentiment can be driven by a variety of factors including economic data, Altair Resources' earnings reports, geopolitical events, and overall market trends.
Altair Resources stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Altair daily returns and investor perception about the current price of Altair Resources as well as its diversification or hedging effects on your existing portfolios.
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Altair Engineering insider sells over 1 million in stock Investing.com Canada
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Altair Resources Fundamental Analysis
We analyze Altair Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altair Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altair Resources 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Altair Resources is rated second in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Altair Resources 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 Altair Resources stock to make a market-neutral strategy. Peer analysis of Altair Resources could also be used in its relative valuation, which is a method of valuing Altair Resources by comparing valuation metrics with similar companies.
Peers
Altair Resources Related Equities
| QIPT | Quipt Home | 7.43 | ||||
| HLF | High Liner | 2.71 | ||||
| CTS | Converge Technology | 1.86 | ||||
| CSOC-A | Canso Select | 0.00 | ||||
| MU | Micron Technology, | 0.64 | ||||
| COST | Costco Wholesale | 1.16 | ||||
| QRC | Queens Road | 1.39 |
Additional Tools for Altair Stock Analysis
When running Altair Resources' price analysis, check to measure Altair Resources' 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 Altair Resources is operating at the current time. Most of Altair Resources' value examination focuses on studying past and present price action to predict the probability of Altair Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Resources' price. Additionally, you may evaluate how the addition of Altair Resources to your portfolios can decrease your overall portfolio volatility.