Altura Energy Stock Performance
| ATUUF Stock | USD 9.13 0.01 0.11% |
The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altura Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altura Energy is expected to be smaller as well. At this point, Altura Energy has a negative expected return of -0.0711%. Please make sure to confirm Altura Energy's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Altura Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Altura Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Altura Energy is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Total Cashflows From Investing Activities | -4.2 M |
Altura |
Altura Energy Relative Risk vs. Return Landscape
If you would invest 976.00 in Altura Energy on December 17, 2024 and sell it today you would lose (63.00) from holding Altura Energy or give up 6.45% of portfolio value over 90 days. Altura Energy is currently producing negative expected returns and takes up 2.8879% volatility of returns over 90 trading days. Put another way, 25% of traded pink sheets are less volatile than Altura, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altura Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altura Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Altura Energy, and traders can use it to determine the average amount a Altura Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0246
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| Negative Returns | ATUUF |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altura Energy 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 Altura Energy by adding Altura Energy to a well-diversified portfolio.
Altura Energy Fundamentals Growth
Altura Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Altura Energy, and Altura Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altura Pink Sheet performance.
| Return On Equity | 0.0819 | |||
| Return On Asset | -0.0251 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | (0.13) % | |||
| Current Valuation | 19.73 M | |||
| Shares Outstanding | 28.25 M | |||
| Price To Earning | 1.92 X | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 1.48 X | |||
| Revenue | 17.83 M | |||
| EBITDA | 13.29 M | |||
| Cash And Equivalents | 21.8 M | |||
| Cash Per Share | 0.77 X | |||
| Total Debt | 16.09 M | |||
| Debt To Equity | 0.23 % | |||
| Book Value Per Share | 2.49 X | |||
| Cash Flow From Operations | 3.94 M | |||
| Earnings Per Share | 0.65 X | |||
| Total Asset | 75.4 M | |||
About Altura Energy Performance
By analyzing Altura Energy's fundamental ratios, stakeholders can gain valuable insights into Altura Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altura Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altura Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in central Alberta. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.Things to note about Altura Energy performance evaluation
Checking the ongoing alerts about Altura Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Altura Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altura Energy generated a negative expected return over the last 90 days | |
| Altura Energy has high likelihood to experience some financial distress in the next 2 years |
- Analyzing Altura Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altura Energy's stock is overvalued or undervalued compared to its peers.
- Examining Altura Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altura Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altura Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altura Energy's pink sheet. These opinions can provide insight into Altura Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altura Pink Sheet analysis
When running Altura Energy's price analysis, check to measure Altura Energy'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 Energy is operating at the current time. Most of Altura Energy's value examination focuses on studying past and present price action to predict the probability of Altura Energy'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 Energy's price. Additionally, you may evaluate how the addition of Altura Energy to your portfolios can decrease your overall portfolio volatility.
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