Altius Competitors

Delisted . USA . 
Stock . Altius Renewable Royalties
Altius Renewable Roy competes with Brenmiller Energy; as well as few others. The company classifies itself under Utilities sector and is part of Utilities—Renewable industry. Analyzing Altius Renewable competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Altius Renewable to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 housing.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Altius Renewable competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altius Renewable's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details

Altius Renewable Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Altius Renewable and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Altius and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Altius Renewable Roy does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ADNWW
+ 0.62
BNRG
ALTNF
+ 0.54
CLNV
CLNV
+ 0.48
BNRG
ALTNF
+ 0.45
ASRE
ADNWW
+ 0.39
ASRE
TPII
+ 0.38
CWGYF
  
High negative correlations   
AWSL
- 0.89
ALTNF
AWSL
- 0.5
CLNV
TPII
- 0.32
ALTNF
ADNWW
- 0.31
CWGYF
AWSL
- 0.3
ASRE
BNRG
- 0.28
CWGYF

Risk-Adjusted Indicators

There is a big difference between Altius OTC Stock performing well and Altius Renewable OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Altius Renewable's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ASRE  5.73  0.14  0.02  0.08  7.32 
(7.94)
 18.47 
(13.33)
 52.28 
CWGYF  13.45  2.03  0.10  0.62  13.46 
(21.77)
 34.33 
(25.00)
 127.71 
BNRG  8.00  1.28  0.16  2.76  7.94 
(10.63)
 25.30 
(14.00)
 58.34 
CLNV  4.82 (0.03) 0.00 (0.39) 0.00 
 0.00 
 11.52 
(9.09)
 30.92 
AZLOF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
ALTNF  2.64 (1.58) 0.00  0.84  0.00 
 0.00 
 0.00 
 0.00 
 88.46 
TPII  3.01  0.52  0.00 (0.48) 0.00 
 0.00 
 0.00 
 0.00 
 150.00 
ARSC  8.88  3.33  0.00  0.30  0.00 
 0.00 
 0.00 
 0.00 
 150.00 
AWSL  5.90  0.73  0.07  0.64  8.13 
(6.32)
 17.01 
(11.43)
 39.18 
ADNWW  8.23  1.31  0.13  0.68  8.34 
(11.53)
 22.22 
(16.16)
 73.81 
All Fundamental Data

Altius Renewable Competitive Analysis

The better you understand Altius Renewable competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Altius Renewable's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Altius Renewable's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ASRE CWGYF BNRG CLNV ALTNF TPII ARSC AWSL ADNWW
 0.14 
 0.07 
Astra
 17.65 
 0.02 
Carnegie
 1.65 
 1.23 
Brenmiller
 4.32 
 0.01 
Clean
 0.00 
 0.06 
Alternus
 0.00 
 0.0001 
Triad
 50.00 
 0.0001 
American
 27.10 
 0.03 
Atlantic
 17.91 
 0.01 
Advent
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Modest
OK
Very Weak
Very Weak
Insignificant
OK
Modest
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Low
Quite High
Quite High
Unknown
Quite High
High
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Under Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Cautious Hold
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Cautious Hold
Hold
Current Ratio
0.94
6.72
3.99
3.99
0.1
N/A
329.11
N/A
Net Asset
27.42 M
21.52 M
11.91 M
1.04 M
4.53 M
5.13 M
2.13 M
34.74 M
Profit Margin
N/A
N/A
N/A
N/A
-1.11
N/A
N/A
N/A
EBITDA
(2.63 M)
(2 M)
(10.11 M)
(4.85 M)
911.08 K
N/A
N/A
(53.23 M)
Operating Margin
-150.38
-7.21
N/A
N/A
0.37
N/A
N/A
-61.93
Current Valuation
10.91 M
18.54 M
11.03 M
14.64 M
1.1 M
1.4 M
N/A
N/A
Price To Book
0.24
1.34
2.3
0.0119
N/A
N/A
N/A
N/A
Retained Earnings
N/A
(62 M)
(102.2 M)
N/A
(8.93 M)
(52.46 M)
(9.7 M)
(179.16 M)
Current Asset
N/A
9 M
N/A
N/A
179 K
9 K
79 K
N/A
Beta
0.82
0.58
-1.06
2.85
2.42
64.54
-1.63
0.44
Number Of Employees
9
16
52
4
5
N/A
6
100
Shares Outstanding
66.77 M
15.64 B
8.09 M
354.38 M
53.34 M
116.97 M
44.71 M
N/A
Cash Flow From Operations
(1.07 M)
960.54 K
(9.51 M)
(1.8 M)
83.78 K
(1.38 M)
(37.05 K)
(32.12 M)
Total Debt
20 K
167.62 K
4.82 M
114.6 K
1.23 M
575.2 K
120 K
10.42 M
Return On Equity
-0.21
-0.11
-1.84
-8.46
N/A
N/A
N/A
-10.22
Z Score
N/A
71.0
N/A
N/A
-1.4
N/A
7.0
N/A
Return On Asset
-0.13
-0.0667
-0.57
-1.73
0.63
N/A
N/A
-1.01
Book Value Per Share
0.53
0.001
0.55
-0.006
-9.78
N/A
0.12
-6.85
Number Of Shares Shorted
N/A
N/A
158.94 K
N/A
N/A
N/A
N/A
8.85 K
Current Liabilities
N/A
3 M
N/A
N/A
1.87 M
399 K
372 K
N/A
Total Asset
27.42 M
21.52 M
11.91 M
1.04 M
4.53 M
5.13 M
2.13 M
34.74 M
Debt To Equity
0.61
0.008
0.19
0.083
N/A
0.018
4.0
N/A
Short Ratio
N/A
N/A
0.35
N/A
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
4.4
N/A
1.43
N/A
N/A
N/A
N/A
N/A
Market Capitalization
14.02 M
20.73 M
9.79 M
22.43 M
400.02 K
1.4 M
2.62 M
437.76 M
Price To Earning
N/A
-39.5
N/A
N/A
-0.02
N/A
-2.58
N/A
Price To Sales
641.04
57.72
65.06
0.0073
0.16
N/A
N/A
N/A
Net Income
(2.63 M)
(1.92 M)
(6.77 M)
(6.03 M)
(853.68 K)
(8.06 K)
(132.43 K)
(71.4 M)
Earnings Per Share
-0.04
N/A
-1.29
-0.038
-7.62
N/A
-0.006
N/A
Shares Owned By Insiders
33.8
23.69
34.3
6.46
N/A
N/A
N/A
N/A
Revenue
25 K
321.94 K
N/A
N/A
522.25 K
N/A
42 K
4.86 M
Working Capital
N/A
6 M
3.51 M
N/A
(1.69 M)
(390 K)
(293 K)
(3.08 M)
Cash And Equivalents
15.84 K
4.1 M
9.14 M
1.6 M
157.47 K
8
1.01 M
N/A
Cash Per Share
N/A
N/A
0.64
N/A
0.41
N/A
0.03
N/A
Gross Profit
(50 K)
321.94 K
(985 K)
(45.37 K)
883.29 K
N/A
N/A
(9.69 M)
Day Typical Price
0.07
0.023
1.23
0.0143
0.06
1.0E-4
1.0E-4
0.039
0.0117
Accumulation Distribution
N/A
0.22
1040.35
69606.46
N/A
N/A
N/A
0.29
5208.0
Market Facilitation Index
N/A
0.0059
0.0
N/A
N/A
N/A
N/A
0.0138
N/A
Daily Balance Of Power
(9,223,372,036,855)
(0.76)
0.2857
0.8571
0.0
0.0
(9,223,372,036,855)
(0.93)
(1.20)
Period Momentum Indicator
(0.0001)
(0)
0.02
6.0E-4
N/A
N/A
(0.0001)
(0.01)
(0)
Rate Of Daily Change
1.0
0.82
1.02
1.04
1.0
1.0
0.5
0.73
0.82
Day Median Price
0.07
0.024
1.23
0.0142
0.06
1.0E-4
1.0E-4
0.0411
0.012
Price Action Indicator
(0.00005)
(0.01)
0.005
7.0E-4
N/A
N/A
(0.00005)
(0.01)
(0)
Coefficient Of Variation
14834.84
1258.98
904.74
(20,194)
(812.40)
1827.74
1052.03
1451.14
1088.43
Mean Deviation
5.73
13.45
8.0
4.82
2.64
3.01
8.88
5.9
8.23
Jensen Alpha
0.1436
2.03
1.28
(0.03)
(1.58)
0.5238
3.33
0.7314
1.31
Total Risk Alpha
1.64
5.18
3.1
1.04
0.4846
3.08
6.29
2.09
3.1
Sortino Ratio
0.0225
0.099
0.1561
N/A
N/A
N/A
N/A
0.0735
0.1286
Downside Variance
75.83
329.11
76.33
N/A
N/A
N/A
N/A
101.45
91.19
Standard Deviation
9.39
20.95
11.14
6.45
10.89
13.85
23.91
8.82
11.93
Kurtosis
3.93
6.45
1.26
1.28
66.0
44.43
12.14
2.4
3.59
Potential Upside
18.47
34.33
25.3
11.52
N/A
N/A
N/A
17.01
22.22
Treynor Ratio
0.0839
0.623
2.76
(0.39)
0.8375
(0.48)
0.3019
0.6383
0.6791
Maximum Drawdown
52.28
127.71
58.34
30.92
88.46
150.0
150.0
39.18
73.81
Variance
88.12
438.82
124.2
41.54
118.57
191.72
571.68
77.87
142.34
Market Risk Adjusted Performance
0.0939
0.633
2.77
(0.38)
0.8475
(0.47)
0.3119
0.6483
0.6891
Risk Adjusted Performance
0.0148
0.0766
0.1025
0.0045
(0.09)
0.0556
0.0899
0.0672
0.0869
Skewness
1.01
1.6
0.7576
0.7264
(8.12)
5.06
2.75
(0.17)
1.19
Semi Deviation
7.32
13.46
7.94
N/A
N/A
N/A
N/A
8.13
8.34
Information Ratio
0.0208
0.0857
0.1224
0.0156
(0.11)
0.0643
0.1006
0.0839
0.103
Value At Risk
(13.33)
(25.00)
(14.00)
(9.09)
N/A
N/A
N/A
(11.43)
(16.16)
Expected Short fall
(7.94)
(21.77)
(10.63)
N/A
N/A
N/A
N/A
(6.32)
(11.53)
Downside Deviation
8.71
18.14
8.74
N/A
N/A
N/A
N/A
10.07
9.55
Semi Variance
53.57
181.19
63.02
N/A
N/A
N/A
N/A
66.07
69.56

Altius Renewable Competition Performance Charts

Five steps to successful analysis of Altius Renewable Competition

Altius Renewable's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Altius Renewable Roy in relation to its competition. Altius Renewable's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Altius Renewable in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Altius Renewable's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Altius Renewable Roy, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Altius Renewable position

In addition to having Altius Renewable in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in Altius OTC Stock

If you are still planning to invest in Altius Renewable Roy 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 Altius Renewable's history and understand the potential risks before investing.
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