Altura Mining Limited Stock Price on October 9, 2024
| ALTAF Stock | USD 0.01 0.0001 1.92% |
If you're considering investing in Altura Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Altura Mining stands at 0.01, as last reported on the 1st of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Altura Mining is out of control given 3 months investment horizon. Altura Mining Limited secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 13.02% are justified by taking the suggested risk. Use Altura Mining Mean Deviation of 216.73, downside deviation of 66.98, and Risk Adjusted Performance of 0.1018 to evaluate company specific risk that cannot be diversified away.
Altura Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Altura |
Sharpe Ratio = 0.101
| Best Portfolio | Best Equity | ALTAF | ||
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Estimated Market Risk
| 128.9 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Altura Mining is performing at about 7% of its full potential. 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 Altura Mining by adding it to a well-diversified portfolio.
Altura Mining Valuation on October 9, 2024
It is possible to determine the worth of Altura Mining on a given historical date. On October 9, 2024 Altura was worth 0.029 at the beginning of the trading date compared to the closed value of 0.029. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altura Mining pink sheet. Still, in general, we apply an absolute valuation method to find Altura Mining's 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 Altura Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altura Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.06 | 0.06 | 100.00 | |
10/09/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 3,000 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| Backtest Altura Mining | | | Altura Mining History | | | Altura Mining Valuation | Previous | Next |
Altura Mining Trading Date Momentum on October 9, 2024
| On October 10 2024 Altura Mining Limited was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 did not affect price variability. The overall trading delta to current closing price is 65.52% . |
Altura Mining Limited Fundamentals Correlations and Trends
By evaluating Altura Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altura Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altura financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altura Mining Pink Sheet history
Altura Mining 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 Altura is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altura Mining Limited 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 Altura Mining stock prices may prove useful in developing a viable investing in Altura Mining
Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. Morella Corporation Limited was incorporated in 2000 and is based in West Perth, Australia. Morella Corp operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Altura Mining Pink Sheet Technical Analysis
Altura Mining technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Altura Mining Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Altura Mining December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Altura Mining pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altura Mining shares will generate the highest return on investment. By undertsting and applying Altura Mining pink sheet market strength indicators, traders can identify Altura Mining Limited entry and exit signals to maximize returns
Altura Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altura Mining's price direction in advance. Along with the technical and fundamental analysis of Altura Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altura 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 | 0.1018 | |||
| Jensen Alpha | 114.71 | |||
| Total Risk Alpha | (41.48) | |||
| Sortino Ratio | 1.59 | |||
| Treynor Ratio | (1.64) |
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| Volume Indicators |
Complementary Tools for Altura Pink Sheet analysis
When running Altura Mining's price analysis, check to measure Altura Mining's 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 Altura Mining is operating at the current time. Most of Altura Mining's value examination focuses on studying past and present price action to predict the probability of Altura Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altura Mining's price. Additionally, you may evaluate how the addition of Altura Mining to your portfolios can decrease your overall portfolio volatility.
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