Altius Renewable Royalties Stock Performance
| ATRWF Stock | USD 8.45 0.08 0.94% |
On a scale of 0 to 100, Altius Renewable holds a performance score of 14. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altius Renewable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altius Renewable is expected to be smaller as well. Please check Altius Renewable's value at risk, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Altius Renewable's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altius Renewable Royalties are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Altius Renewable reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
Five Day Return (0.96) | Year To Date Return 45.15 | Ten Year Return (4.50) | All Time Return (4.50) |
| Begin Period Cash Flow | 19.2 K | |
| Total Cashflows From Investing Activities | -27.9 M |
Altius |
Altius Renewable Relative Risk vs. Return Landscape
If you would invest 718.00 in Altius Renewable Royalties on September 1, 2024 and sell it today you would earn a total of 127.00 from holding Altius Renewable Royalties or generate 17.69% return on investment over 90 days. Altius Renewable Royalties is currently producing 0.2685% returns and takes up 1.42% volatility of returns over 90 trading days. Put another way, 12% of traded otc stocks are less volatile than Altius, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altius Renewable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altius Renewable's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Altius Renewable Royalties, and traders can use it to determine the average amount a Altius Renewable's 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 = 0.1891
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Altius Renewable is performing at about 14% of its full potential. 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 Renewable by adding it to a well-diversified portfolio.
Altius Renewable Fundamentals Growth
Altius OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Altius Renewable, and Altius Renewable 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 Altius OTC Stock performance.
| Return On Equity | -0.0099 | |||
| Return On Asset | -0.0095 | |||
| Operating Margin | (7.17) % | |||
| Current Valuation | 119.84 M | |||
| Shares Outstanding | 30.78 M | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 538.18 X | |||
| EBITDA | (2.13 M) | |||
| Cash And Equivalents | 61.91 M | |||
| Cash Per Share | 2.34 X | |||
| Total Debt | 172.4 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 6.31 X | |||
| Cash Flow From Operations | (1.37 M) | |||
| Earnings Per Share | (0.13) X | |||
| Total Asset | 165.57 M | |||
About Altius Renewable Performance
By analyzing Altius Renewable's fundamental ratios, stakeholders can gain valuable insights into Altius Renewable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altius Renewable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altius Renewable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. Altius Renewable Royalties Corp. is a subsidiary of Altius Minerals Corporation. Altius Renewable is traded on OTC Exchange in the United States.Things to note about Altius Renewable Roy performance evaluation
Checking the ongoing alerts about Altius Renewable for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Altius Renewable Roy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altius Renewable Roy has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.42 M) with profit before overhead, payroll, taxes, and interest of 81.6 K. | |
| Altius Renewable Royalties has accumulated about 61.91 M in cash with (1.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34. | |
| Roughly 59.0% of the company shares are held by company insiders |
- Analyzing Altius Renewable's 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 Altius Renewable's stock is overvalued or undervalued compared to its peers.
- Examining Altius Renewable's 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 Altius Renewable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altius Renewable's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Altius Renewable's otc stock. These opinions can provide insight into Altius Renewable's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altius OTC Stock analysis
When running Altius Renewable's price analysis, check to measure Altius Renewable'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 Altius Renewable is operating at the current time. Most of Altius Renewable's value examination focuses on studying past and present price action to predict the probability of Altius Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Renewable's price. Additionally, you may evaluate how the addition of Altius Renewable to your portfolios can decrease your overall portfolio volatility.
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