Alr Technologies Stock Performance
| ALRTF Stock | 0.01 0.0005 5.00% |
ALR Technologies has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.28, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ALR Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, ALR Technologies is expected to outperform it. ALR Technologies now shows a risk of 12.85%. Please confirm ALR Technologies maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if ALR Technologies will be following its price patterns.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in ALR Technologies are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, ALR Technologies may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 66.2 K |
ALR |
ALR Technologies Relative Risk vs. Return Landscape
If you would invest 1.39 in ALR Technologies on September 23, 2024 and sell it today you would lose (0.44) from holding ALR Technologies or give up 31.65% of portfolio value over 90 days. ALR Technologies is currently producing 0.1853% returns and takes up 12.8527% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than ALR, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ALR Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALR Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as ALR Technologies, and traders can use it to determine the average amount a ALR Technologies' 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 = 0.0144
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Estimated Market Risk
| 12.85 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average ALR Technologies is performing at about 1% 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 ALR Technologies by adding it to a well-diversified portfolio.
ALR Technologies Fundamentals Growth
ALR OTC Stock prices reflect investors' perceptions of the future prospects and financial health of ALR Technologies, and ALR Technologies 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 ALR OTC Stock performance.
| Return On Asset | -8.73 | |||
| Operating Margin | (390.28) % | |||
| Current Valuation | 51.54 M | |||
| Shares Outstanding | 551.97 M | |||
| Price To Sales | 3,460 X | |||
| Revenue | 7.47 K | |||
| EBITDA | (6.4 M) | |||
| Book Value Per Share | (0.05) X | |||
| Cash Flow From Operations | (1.77 M) | |||
| Total Asset | 193.22 K | |||
About ALR Technologies Performance
By analyzing ALR Technologies' fundamental ratios, stakeholders can gain valuable insights into ALR Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALR Technologies 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 ALR Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about ALR Technologies performance evaluation
Checking the ongoing alerts about ALR Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for ALR Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALR Technologies had very high historical volatility over the last 90 days | |
| ALR Technologies has some characteristics of a very speculative penny stock | |
| ALR Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 7.47 K. Net Loss for the year was (8.44 M) with profit before overhead, payroll, taxes, and interest of 4.95 K. | |
| ALR Technologies generates negative cash flow from operations | |
| About 70.0% of the company shares are held by company insiders |
- Analyzing ALR Technologies' 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 ALR Technologies' stock is overvalued or undervalued compared to its peers.
- Examining ALR Technologies' 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 ALR Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALR Technologies' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of ALR Technologies' otc stock. These opinions can provide insight into ALR Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ALR OTC Stock analysis
When running ALR Technologies' price analysis, check to measure ALR Technologies' 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 ALR Technologies is operating at the current time. Most of ALR Technologies' value examination focuses on studying past and present price action to predict the probability of ALR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALR Technologies' price. Additionally, you may evaluate how the addition of ALR Technologies to your portfolios can decrease your overall portfolio volatility.
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