Altigen Communications Performance
| ATGNDelisted Stock | USD 0.55 0.01 1.85% |
The firm shows a Beta (market volatility) of -0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Altigen Communications are expected to decrease at a much lower rate. During the bear market, Altigen Communications is likely to outperform the market. Altigen Communications right now shows a risk of 0.0%. Please confirm Altigen Communications treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Altigen Communications will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Altigen Communications has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, Altigen Communications is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 6.8 M |
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Altigen Communications Relative Risk vs. Return Landscape
If you would invest 55.00 in Altigen Communications on September 5, 2024 and sell it today you would earn a total of 0.00 from holding Altigen Communications or generate 0.0% return on investment over 90 days. Altigen Communications is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of otc stocks are less volatile than Altigen, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Altigen Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altigen Communications' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Altigen Communications, and traders can use it to determine the average amount a Altigen Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Altigen Communications 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 Altigen Communications by adding Altigen Communications to a well-diversified portfolio.
Altigen Communications Fundamentals Growth
Altigen OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Altigen Communications, and Altigen Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altigen OTC Stock performance.
| Return On Equity | -0.0366 | ||||
| Return On Asset | 0.0088 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 16.76 M | ||||
| Shares Outstanding | 24.22 M | ||||
| Price To Earning | 21.32 X | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 1.66 X | ||||
| Revenue | 11.89 M | ||||
| EBITDA | 400 K | ||||
| Cash And Equivalents | 6.82 M | ||||
| Cash Per Share | 0.29 X | ||||
| Total Debt | 664 K | ||||
| Debt To Equity | 0.04 % | ||||
| Book Value Per Share | 0.61 X | ||||
| Cash Flow From Operations | (18 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 17.7 M | ||||
| Retained Earnings | (68.85 M) | ||||
| Current Asset | 5.22 M | ||||
| Current Liabilities | 3.58 M | ||||
About Altigen Communications Performance
By examining Altigen Communications' fundamental ratios, stakeholders can obtain critical insights into Altigen Communications' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Altigen Communications is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Altigen Communications, Inc. designs, develops, markets, and supports integrated communications solutions worldwide. Altigen Communications, Inc. was incorporated in 1994 and is headquartered in Milpitas, California. Altigen Communications operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 61 people.Things to note about Altigen Communications performance evaluation
Checking the ongoing alerts about Altigen Communications for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Altigen Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altigen Communications is not yet fully synchronised with the market data | |
| Altigen Communications has some characteristics of a very speculative penny stock | |
| Altigen Communications has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 11.89 M. Net Loss for the year was (698 K) with profit before overhead, payroll, taxes, and interest of 7.92 M. | |
| Altigen Communications currently holds about 6.82 M in cash with (18 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29. |
- Analyzing Altigen Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altigen Communications' stock is overvalued or undervalued compared to its peers.
- Examining Altigen Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altigen Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altigen Communications' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Altigen Communications' otc stock. These opinions can provide insight into Altigen Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Altigen Communications information on this page should be used as a complementary analysis to other Altigen Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Altigen OTC Stock
If you are still planning to invest in Altigen Communications check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altigen Communications' history and understand the potential risks before investing.
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