Altex Industries Stock Analysis
| ALTX Stock | USD 0.30 0.06 25.00% |
Altex Industries is overvalued with Real Value of 0.23 and Hype Value of 0.3. The main objective of Altex Industries pink sheet analysis is to determine its intrinsic value, which is an estimate of what Altex Industries is worth, separate from its market price. There are two main types of Altex Industries' stock analysis: fundamental analysis and technical analysis.
The Altex Industries pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Altex |
Altex Pink Sheet Analysis Notes
About 63.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altex Industries had not issued any dividends in recent years. Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado. Altex Industries operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.The quote for Altex Industries 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 Altex Industries please contact Steven Cardin at 780 468 6862 or go to https://altexinc.com.Altex Industries Investment Alerts
| Altex Industries is way too risky over 90 days horizon | |
| Altex Industries has some characteristics of a very speculative penny stock | |
| Altex Industries appears to be risky and price may revert if volatility continues | |
| Altex Industries currently holds about 2.39 M in cash with (129 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. | |
| Roughly 63.0% of the company shares are held by company insiders |
Altex Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altex Industries's market, we take the total number of its shares issued and multiply it by Altex Industries'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.Altex Profitablity
The company has Profit Margin (PM) of 10.04 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of (9.76) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $9.76.Technical Drivers
As of the 17th of December 2024, Altex Industries shows the Risk Adjusted Performance of 0.0418, mean deviation of 2.32, and Standard Deviation of 6.05. Altex Industries 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.Altex Industries Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Altex Industries middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Altex Industries. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Altex Industries Outstanding Bonds
Altex Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altex Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altex bonds can be classified according to their maturity, which is the date when Altex Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Altex Industries Predictive Daily Indicators
Altex Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altex Industries pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Altex Industries Forecast Models
Altex Industries' time-series forecasting models are one of many Altex Industries' 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 Altex Industries' 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.About Altex Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Altex Industries 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 Altex 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 Altex Industries. By using and applying Altex Pink Sheet analysis, traders can create a robust methodology for identifying Altex entry and exit points for their positions.
Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado. Altex Industries operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Altex Industries to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Altex Pink Sheet Analysis
When running Altex Industries' price analysis, check to measure Altex Industries' 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 Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.