Altius Minerals Stock Price on July 19, 2023

ATUSF Stock  USD 18.83  0.38  1.98%   
If you're considering investing in Altius OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altius Minerals stands at 18.83, as last reported on the 12th of December 2024, with the highest price reaching 19.10 and the lowest price hitting 18.82 during the day. Altius Minerals secures Sharpe Ratio (or Efficiency) of -0.0346, which signifies that the company had a -0.0346% return per unit of risk over the last 3 months. Altius Minerals exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altius Minerals' Mean Deviation of 1.46, risk adjusted performance of 0.0575, and Downside Deviation of 2.1 to double-check the risk estimate we provide.
  
Altius OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0346

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsATUSF

Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.06
  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 Altius Minerals 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 Altius Minerals by adding Altius Minerals to a well-diversified portfolio.

Altius Minerals Valuation on July 19, 2023

It is possible to determine the worth of Altius Minerals on a given historical date. On July 19, 2023 Altius was worth 15.92 at the beginning of the trading date compared to the closed value of 15.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altius Minerals otc stock. Still, in general, we apply an absolute valuation method to find Altius Minerals' 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 Altius Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altius Minerals' related companies.
 Open High Low Close Volume
  16.03    16.03    15.88    15.92    7,645  
07/19/2023
  15.92    16.02    15.90    15.97    10,611  
  15.44    16.01    15.44    15.87    7,739  
Backtest Altius Minerals  |  Altius Minerals History  |  Altius Minerals Valuation   PreviousNext  
Open Value
15.92
15.97
Closing Value
21.17
Upside

Altius Minerals Trading Date Momentum on July 19, 2023

On July 20 2023 Altius Minerals was traded for  15.87  at the closing time. The highest daily price throughout the period was 16.01  and the lowest price was  15.44 . The daily volume was 7.7 K. The net trading volume on 07/20/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.63% . The overall trading delta to current closing price is 1.69% .

Altius Minerals Fundamentals Correlations and Trends

By evaluating Altius Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altius Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altius financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Altius Minerals OTC Stock history

Altius Minerals 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 Altius is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altius Minerals 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 Altius Minerals stock prices may prove useful in developing a viable investing in Altius Minerals
Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. ALTIUS MINERALS operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Altius Minerals OTC Stock Technical Analysis

Altius Minerals 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.
A focus of Altius Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altius Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Altius Minerals Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Altius Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Altius Minerals December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Altius Minerals 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 Altius Minerals shares will generate the highest return on investment. By undertsting and applying Altius Minerals otc stock market strength indicators, traders can identify Altius Minerals entry and exit signals to maximize returns

Altius Minerals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Altius Minerals' price direction in advance. Along with the technical and fundamental analysis of Altius OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altius 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.

Complementary Tools for Altius OTC Stock analysis

When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
CEOs Directory
Screen CEOs from public companies around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance