Altair Resources Stock Probability of Future Stock Price Finishing Over 0.005
| AVX Stock | CAD 0.01 0.00 0.00% |
Altair |
Altair Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Altair Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altair Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Altair Resources generated a negative expected return over the last 90 days | |
| Altair Resources has some characteristics of a very speculative penny stock | |
| Altair Resources has high likelihood to experience some financial distress in the next 2 years | |
| Altair Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Altair Resources has accumulated 2.43 M in total debt with debt to equity ratio (D/E) of 195.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altair Resources has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Altair Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Altair Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altair Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altair to invest in growth at high rates of return. When we think about Altair Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (444.13 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altair Resources has accumulated about 25.13 K in cash with (159.27 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Altair Announces Partnership with CGI to Drive IT Modernization and AI Innovation - PR Newswire |
Altair Resources Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Altair Stock often depends not only on the future outlook of the current and potential Altair Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Altair Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 57.3 M |
Altair Resources Technical Analysis
Altair Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Altair Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Altair Resources. In general, you should focus on analyzing Altair Stock price patterns and their correlations with different microeconomic environments and drivers.
Altair Resources Predictive Forecast Models
Altair Resources' time-series forecasting models is one of many Altair Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Altair Resources' 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 stock market movement and maximize returns from investment trading.
Things to note about Altair Resources
Checking the ongoing alerts about Altair Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Altair Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Altair Resources generated a negative expected return over the last 90 days | |
| Altair Resources has some characteristics of a very speculative penny stock | |
| Altair Resources has high likelihood to experience some financial distress in the next 2 years | |
| Altair Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Altair Resources has accumulated 2.43 M in total debt with debt to equity ratio (D/E) of 195.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altair Resources has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Altair Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Altair Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altair Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altair to invest in growth at high rates of return. When we think about Altair Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (444.13 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altair Resources has accumulated about 25.13 K in cash with (159.27 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Altair Announces Partnership with CGI to Drive IT Modernization and AI Innovation - PR Newswire |
Additional Tools for Altair Stock Analysis
When running Altair Resources' price analysis, check to measure Altair Resources' 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 Altair Resources is operating at the current time. Most of Altair Resources' value examination focuses on studying past and present price action to predict the probability of Altair Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Resources' price. Additionally, you may evaluate how the addition of Altair Resources to your portfolios can decrease your overall portfolio volatility.