Alr Technologies Stock Price on May 15, 2023
ALRTF Stock | 0.01 0 16.00% |
If you're considering investing in ALR OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of ALR Technologies stands at 0.01, as last reported on the 27th of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. ALR Technologies secures Sharpe Ratio (or Efficiency) of -0.0347, which signifies that the company had a -0.0347% return per unit of risk over the last 3 months. ALR Technologies exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALR Technologies' risk adjusted performance of 0.0099, and Mean Deviation of 6.67 to double-check the risk estimate we provide.
ALR OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ALR |
Sharpe Ratio = -0.0347
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Estimated Market Risk
12.62 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALR Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ALR Technologies by adding ALR Technologies to a well-diversified portfolio.
ALR Technologies Valuation on May 15, 2023
It is possible to determine the worth of ALR Technologies on a given historical date. On May 15, 2023 ALR was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALR Technologies otc stock. Still, in general, we apply an absolute valuation method to find ALR Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ALR Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ALR Technologies' related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.04 | 0.04 | 0.04 | 30,999 | |
05/15/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
0.04 | 0.04 | 0.03 | 0.03 | 7,500 |
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ALR Technologies Trading Date Momentum on May 15, 2023
On May 16 2023 ALR Technologies was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.03 . The daily volume was 7.5 K. The net trading volume on 05/16/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 16.25% . The overall trading delta to current closing price is 3.50% . |
ALR Technologies Fundamentals Correlations and Trends
By evaluating ALR Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ALR Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ALR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ALR Technologies OTC Stock history
ALR Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ALR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ALR Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ALR Technologies stock prices may prove useful in developing a viable investing in ALR Technologies
ALR Technologies OTC Stock Technical Analysis
ALR Technologies technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
ALR Technologies Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
ALR Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on OTCMKTS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ALR Technologies December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how ALR Technologies otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ALR Technologies shares will generate the highest return on investment. By undertsting and applying ALR Technologies otc stock market strength indicators, traders can identify ALR Technologies entry and exit signals to maximize returns
ALR Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ALR Technologies' price direction in advance. Along with the technical and fundamental analysis of ALR OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ALR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0099 | |||
Jensen Alpha | 0.0539 | |||
Total Risk Alpha | (0.71) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 9.0E-4 |
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Volume Indicators |
Complementary Tools for ALR OTC Stock analysis
When running ALR Technologies' price analysis, check to measure ALR Technologies' 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 ALR Technologies is operating at the current time. Most of ALR Technologies' value examination focuses on studying past and present price action to predict the probability of ALR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALR Technologies' price. Additionally, you may evaluate how the addition of ALR Technologies to your portfolios can decrease your overall portfolio volatility.
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