Alterity Therapeutics Stock Buy Hold or Sell Recommendation
| ATHE Stock | USD 3.72 0.27 6.77% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Alterity Therapeutics is 'Strong Sell'. Macroaxis provides Alterity Therapeutics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ATHE positions.
Check out Alterity Therapeutics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide. Note, we conduct extensive research on individual companies such as Alterity and provide practical buy, sell, or hold advice based on investors' constraints. Alterity Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Alterity |
Execute Alterity Therapeutics Buy or Sell Advice
The Alterity recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alterity Therapeutics. Macroaxis does not own or have any residual interests in Alterity Therapeutics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alterity Therapeutics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Alterity Therapeutics Trading Alerts and Improvement Suggestions
| Alterity Therapeutics is way too risky over 90 days horizon | |
| Alterity Therapeutics appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 4.02 M. Net Loss for the year was (19.12 M) with profit before overhead, payroll, taxes, and interest of 3.63 M. | |
| Alterity Therapeutics currently holds about 34.81 M in cash with (12.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87. | |
| Alterity Therapeutics has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Maxim Group Initiates Coverage of Alterity Therapeutics Limited - Depositary Receipt with Buy Recommendation - MSN |
Alterity Therapeutics Returns Distribution Density
The distribution of Alterity Therapeutics' historical returns is an attempt to chart the uncertainty of Alterity Therapeutics' future price movements. The chart of the probability distribution of Alterity Therapeutics daily returns describes the distribution of returns around its average expected value. We use Alterity Therapeutics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alterity Therapeutics returns is essential to provide solid investment advice for Alterity Therapeutics.
| Mean Return | 1.80 | Value At Risk | -6.25 | Potential Upside | 15.35 | Standard Deviation | 7.20 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alterity Therapeutics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Alterity Stock Institutional Investors
| Shares | Coppell Advisory Solutions Llc | 2024-09-30 | 5.0 | Xtx Topco Ltd | 2024-06-30 | 0.0 | Corecap Advisors, Llc | 2024-09-30 | 0.0 | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 44.5 K | Hb Wealth Management, Llc | 2024-09-30 | 23.8 K | Susquehanna International Group, Llp | 2024-09-30 | 13.9 K | Ubs Group Ag | 2024-09-30 | 12.7 K | Citadel Advisors Llc | 2024-09-30 | 11.5 K | Twin Lakes Capital Management, Llc | 2024-09-30 | 5.9 K | Providence Capital Advisors, Llc | 2024-09-30 | 200 | Advisor Group Holdings, Inc. | 2024-09-30 | 81.0 |
Alterity Therapeutics Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 18.9M | 6.7M | (19.0M) | (3.1M) | (2.8M) | (2.7M) | |
| Free Cash Flow | (17.3M) | (12.4M) | (20.0M) | (12.6M) | (11.4M) | (11.9M) | |
| Depreciation | 75.4K | 54.2K | 102.3K | 147.5K | 132.8K | 196.8K | |
| Other Non Cash Items | (2.1M) | 455.6K | (6.3M) | (261.2K) | (235.0K) | (223.3K) | |
| Capital Expenditures | 10.5K | 89.1K | 7.3K | 5.7K | 5.1K | 4.9K | |
| Net Income | (15.3M) | (12.8M) | (13.8M) | (19.1M) | (17.2M) | (16.4M) | |
| End Period Cash Flow | 28.1M | 34.8M | 15.8M | 12.6M | 14.5M | 17.9M | |
| Investments | (3K) | (89K) | (5K) | (5.7K) | (5.1K) | (5.4K) | |
| Change To Netincome | (275.0K) | 2.3M | (1.3M) | 59.2K | 68.0K | 71.4K |
Alterity Therapeutics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Alterity Therapeutics or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Alterity Therapeutics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Alterity stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 1.80 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 7.38 | |
Ir | Information ratio | 0.25 |
Alterity Therapeutics Volatility Alert
Alterity Therapeutics is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alterity Therapeutics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alterity Therapeutics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Alterity Therapeutics Fundamentals Vs Peers
Comparing Alterity Therapeutics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alterity Therapeutics' direct or indirect competition across all of the common fundamentals between Alterity Therapeutics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alterity Therapeutics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alterity Therapeutics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Alterity Therapeutics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alterity Therapeutics to competition |
| Fundamentals | Alterity Therapeutics | Peer Average |
| Return On Equity | -1.04 | -0.31 |
| Return On Asset | -0.53 | -0.14 |
| Operating Margin | (6.13) % | (5.51) % |
| Current Valuation | 24.77 M | 16.62 B |
| Shares Outstanding | 8.74 M | 571.82 M |
| Shares Owned By Institutions | 1.28 % | 39.21 % |
| Number Of Shares Shorted | 148.54 K | 4.71 M |
| Price To Earning | (4.84) X | 28.72 X |
| Price To Book | 4.36 X | 9.51 X |
| Price To Sales | 8.68 X | 11.42 X |
| Revenue | 4.02 M | 9.43 B |
| Gross Profit | 3.63 M | 27.38 B |
| EBITDA | (19.57 M) | 3.9 B |
| Net Income | (19.12 M) | 570.98 M |
| Cash And Equivalents | 34.81 M | 2.7 B |
| Cash Per Share | 0.87 X | 5.01 X |
| Total Debt | 159.04 K | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 7.07 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (12.61 M) | 971.22 M |
| Short Ratio | 1.39 X | 4.00 X |
| Earnings Per Share | (6.99) X | 3.12 X |
| Target Price | 9.0 | |
| Number Of Employees | 10 | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 34.88 M | 19.03 B |
| Total Asset | 19.22 M | 29.47 B |
| Retained Earnings | (214.16 M) | 9.33 B |
| Working Capital | 13.66 M | 1.48 B |
| Current Asset | 14.26 M | 9.34 B |
| Current Liabilities | 1.73 M | 7.9 B |
| Net Asset | 19.22 M |
Alterity Therapeutics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alterity . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 14407.55 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 3.82 | |||
| Day Typical Price | 3.78 | |||
| Price Action Indicator | (0.23) | |||
| Period Momentum Indicator | (0.27) |
About Alterity Therapeutics Buy or Sell Advice
When is the right time to buy or sell Alterity Therapeutics? Buying financial instruments such as Alterity Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Alterity Therapeutics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alterity Therapeutics. If investors know Alterity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alterity Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.99) | Revenue Per Share | Quarterly Revenue Growth 0.384 | Return On Assets | Return On Equity |
The market value of Alterity Therapeutics is measured differently than its book value, which is the value of Alterity that is recorded on the company's balance sheet. Investors also form their own opinion of Alterity Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Alterity Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alterity Therapeutics' market value can be influenced by many factors that don't directly affect Alterity Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alterity Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alterity Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alterity Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.