Altern Energy (Pakistan) Price History

ALTN Stock   23.91  0.85  3.69%   
If you're considering investing in Altern Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altern Energy stands at 23.91, as last reported on the 6th of January, with the highest price reaching 24.79 and the lowest price hitting 23.06 during the day. Altern Energy appears to be very steady, given 3 months investment horizon. Altern Energy secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28% return per unit of risk over the last 3 months. By analyzing Altern Energy's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Altern Energy's Downside Deviation of 1.16, mean deviation of 1.39, and Risk Adjusted Performance of 0.2358 to double-check if our risk estimates are consistent with your expectations.
  
Altern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2834

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Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.28
  actual daily
22
78% of assets perform better
Based on monthly moving average Altern Energy is performing at about 22% 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 Altern Energy by adding it to a well-diversified portfolio.

Altern Energy Stock Price History Chart

There are several ways to analyze Altern Stock price data. The simplest method is using a basic Altern candlestick price chart, which shows Altern Energy price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 6, 202523.91
Lowest PriceOctober 11, 202416.01

Altern Energy January 6, 2025 Stock Price Synopsis

Various analyses of Altern Energy's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Altern Stock. It can be used to describe the percentage change in the price of Altern Energy from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Altern Stock.
Altern Energy Price Daily Balance Of Power 0.49 
Altern Energy Price Rate Of Daily Change 1.04 
Altern Energy Price Action Indicator 0.41 
Altern Energy Accumulation Distribution 71,404 

Altern Energy January 6, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Altern Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Altern Energy intraday prices and daily technical indicators to check the level of noise trading in Altern Stock and then apply it to test your longer-term investment strategies against Altern.

Altern Stock Price History Data

The price series of Altern Energy for the period between Tue, Oct 8, 2024 and Mon, Jan 6, 2025 has a statistical range of 7.05 with a coefficient of variation of 11.54. The prices are distributed with arithmetic mean of 18.24. The median price for the last 90 days is 17.2.
OpenHighLowCloseVolume
01/06/2025 23.49  24.79  23.06  23.91  1,023,177 
01/03/2025 23.47  23.47  23.00  23.06  524,667 
01/02/2025 23.01  23.35  22.82  23.00  3,583,580 
12/31/2024 23.39  23.39  22.24  22.81  443,450 
12/30/2024 22.35  22.88  22.24  22.66  716,993 
12/27/2024 23.25  23.40  22.15  22.43  819,370 
12/26/2024 20.41  22.65  20.40  22.52  1,029,341 
12/24/2024 20.73  21.50  20.35  20.59  791,567 
12/23/2024 20.76  20.80  20.41  20.69  326,467 
12/20/2024 20.00  20.95  19.80  20.70  902,956 
12/19/2024 20.28  20.40  19.75  19.91  513,088 
12/18/2024 20.00  20.40  19.91  20.00  338,627 
12/17/2024 20.00  20.19  19.62  20.04  131,542 
12/16/2024 20.20  20.30  19.51  20.06  292,489 
12/13/2024 20.00  20.05  19.70  20.00  639,725 
12/12/2024 20.03  20.08  19.80  19.97  307,014 
12/11/2024 19.20  20.10  19.16  20.04  1,309,966 
12/10/2024 19.70  19.70  19.00  19.25  802,386 
12/09/2024 19.34  19.61  19.05  19.50  978,858 
12/06/2024 18.87  19.35  18.60  19.20  877,949 
12/05/2024 18.94  19.10  18.65  18.74  583,001 
12/04/2024 18.25  19.50  18.20  18.71  1,217,691 
12/03/2024 18.30  18.37  18.06  18.21  260,220 
12/02/2024 17.95  18.39  17.84  18.01  364,479 
11/29/2024 17.25  17.98  17.22  17.84  427,250 
11/28/2024 17.04  17.28  17.00  17.15  85,540 
11/27/2024 16.80  17.18  16.80  17.04  101,897 
11/26/2024 17.02  17.19  16.82  16.86  186,618 
11/25/2024 17.08  17.40  17.00  17.02  304,645 
11/22/2024 17.37  17.37  17.05  17.07  39,496 
11/21/2024 17.45  17.45  17.01  17.20  240,885 
11/20/2024 17.15  17.47  17.05  17.32  301,559 
11/19/2024 17.49  17.50  17.06  17.10  102,479 
11/18/2024 17.50  17.50  17.02  17.31  213,677 
11/15/2024 17.84  17.87  17.35  17.38  205,281 
11/14/2024 17.94  17.94  17.50  17.70  448,407 
11/13/2024 16.75  18.39  16.51  17.44  1,294,189 
11/12/2024 16.89  16.89  16.70  16.75  142,413 
11/11/2024 16.94  16.94  16.78  16.84  313,388 
11/08/2024 16.42  16.95  16.42  16.81  196,981 
11/07/2024 16.61  16.68  16.50  16.50  136,904 
11/06/2024 16.83  16.83  16.50  16.53  426,236 
11/05/2024 16.80  16.89  16.67  16.68  171,562 
11/04/2024 16.57  16.90  16.51  16.80  126,436 
11/01/2024 16.80  16.80  16.50  16.50  429,220 
10/31/2024 16.58  17.00  16.51  16.83  385,310 
10/30/2024 16.85  16.85  16.41  16.49  426,154 
10/29/2024 16.90  17.00  16.41  16.53  511,746 
10/28/2024 16.95  16.95  16.55  16.58  232,978 
10/25/2024 16.60  16.87  16.41  16.51  133,052 
10/24/2024 16.85  16.89  16.70  16.77  158,564 
10/23/2024 16.77  16.93  16.77  16.82  1,147,859 
10/22/2024 16.68  17.40  16.68  16.77  1,851,475 
10/21/2024 17.75  17.89  16.42  16.68  1,580,971 
10/18/2024 16.49  18.07  16.27  17.22  2,434,822 
10/17/2024 16.68  16.75  16.01  16.43  1,575,266 
10/16/2024 16.56  16.84  16.01  16.16  4,246,765 
10/15/2024 17.21  17.21  15.83  16.30  7,430,455 
10/14/2024 15.96  16.61  15.02  16.50  2,007,352 
10/11/2024 16.23  16.48  15.71  16.01  167,382 
10/10/2024 16.48  16.89  16.12  16.44  403,921 

About Altern Energy Stock history

Altern Energy 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 Altern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altern Energy 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 Altern Energy stock prices may prove useful in developing a viable investing in Altern Energy

Altern Energy Stock Technical Analysis

Altern Energy technical 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, stock market cycles, or different charting patterns.
A focus of Altern Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altern Energy 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...

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Altern Energy Technical and Predictive Indicators

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

When running Altern Energy's price analysis, check to measure Altern 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 Altern Energy is operating at the current time. Most of Altern Energy's value examination focuses on studying past and present price action to predict the probability of Altern 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 Altern Energy's price. Additionally, you may evaluate how the addition of Altern Energy to your portfolios can decrease your overall portfolio volatility.
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