Algoma Central Stock Analysis

Algoma Pink Sheet Analysis Notes

About 58.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Algoma Central last dividend was issued on the 14th of February 2023. The entity had 10:1 split on the 17th of December 2012. Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Algoma Central Corporation was incorporated in 1899 and is headquartered in St. Algoma Cent operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 1600 people.The quote for Algoma Central is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Algoma Central please contact Gregg Ruhl at 905-687-7888 or go to https://www.algonet.com.

Algoma Central Investment Alerts

Algoma Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 458.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algoma Central's market, we take the total number of its shares issued and multiply it by Algoma Central's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Algoma Profitablity

The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.

Technical Drivers

As of the 22nd of December, Algoma Central shows the risk adjusted performance of 0.0356, and Mean Deviation of 0.3221. Algoma Central technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Algoma Central variance, as well as the relationship between the maximum drawdown and kurtosis to decide if Algoma Central is priced correctly, providing market reflects its regular price of 10.75 per share. Given that Algoma Central has total risk alpha of 0.0043, we suggest you to validate Algoma Central's prevailing market performance to make sure the company can sustain itself at a future point.

Algoma Central Price Movement Analysis

Algoma Central Predictive Daily Indicators

Algoma Central Forecast Models

Algoma Central's time-series forecasting models are one of many Algoma Central's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algoma Central's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Algoma Central prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algoma shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Algoma Central. By using and applying Algoma Pink Sheet analysis, traders can create a robust methodology for identifying Algoma entry and exit points for their positions.

When running Algoma Central's price analysis, check to measure Algoma Central'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 Algoma Central is operating at the current time. Most of Algoma Central's value examination focuses on studying past and present price action to predict the probability of Algoma Central's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Central's price. Additionally, you may evaluate how the addition of Algoma Central to your portfolios can decrease your overall portfolio volatility.