Altech Batteries Limited Stock Price on November 28, 2024
| ALTHF Stock | 0.03 0.00 0.00% |
If you're considering investing in Altech Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Altech Batteries stands at 0.03, as last reported on the 2nd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Altech Batteries appears to be out of control, given 3 months investment horizon. Altech Batteries secures Sharpe Ratio (or Efficiency) of 0.0677, which signifies that the company had a 0.0677% return per unit of risk over the last 3 months. By analyzing Altech Batteries' technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please makes use of Altech Batteries' Mean Deviation of 4.88, downside deviation of 21.22, and Risk Adjusted Performance of 0.0608 to double-check if our risk estimates are consistent with your expectations.
Altech Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Altech |
Sharpe Ratio = 0.0677
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Estimated Market Risk
| 13.04 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Altech Batteries is performing at about 5% 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 Altech Batteries by adding it to a well-diversified portfolio.
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Altech Batteries Valuation on November 28, 2024
It is possible to determine the worth of Altech Batteries on a given historical date. On November 28, 2024 Altech was worth 0.04 at the beginning of the trading date compared to the closed value of 0.0318. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altech Batteries pink sheet. Still, in general, we apply an absolute valuation method to find Altech Batteries' 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 Altech Batteries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altech Batteries' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
11/28/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 100,000 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| Backtest Altech Batteries | | | Altech Batteries History | Previous | Next |
Altech Batteries Trading Date Momentum on November 28, 2024
| On November 29 2024 Altech Batteries 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 11/29/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Price Boundaries
Altech Batteries Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Altech Batteries Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Altech Batteries December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Altech Batteries 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 Altech Batteries shares will generate the highest return on investment. By undertsting and applying Altech Batteries pink sheet market strength indicators, traders can identify Altech Batteries Limited entry and exit signals to maximize returns
Altech Batteries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altech Batteries' price direction in advance. Along with the technical and fundamental analysis of Altech Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altech 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 | 0.0608 | |||
| Jensen Alpha | 0.8598 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0345 | |||
| Treynor Ratio | (195.28) |
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Complementary Tools for Altech Pink Sheet analysis
When running Altech Batteries' price analysis, check to measure Altech Batteries' 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 Altech Batteries is operating at the current time. Most of Altech Batteries' value examination focuses on studying past and present price action to predict the probability of Altech Batteries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altech Batteries' price. Additionally, you may evaluate how the addition of Altech Batteries to your portfolios can decrease your overall portfolio volatility.
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