Altamira Gold Corp Stock Performance
| EQTRF Stock | USD 0.08 0 1.53% |
The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altamira Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altamira Gold is expected to be smaller as well. Altamira Gold Corp right now shows a risk of 4.66%. Please confirm Altamira Gold Corp value at risk and the relationship between the skewness and relative strength index , to decide if Altamira Gold Corp will be following its price patterns.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Altamira Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Altamira Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 4 M | |
| Total Cashflows From Investing Activities | -2.4 M |
Altamira |
Altamira Gold Relative Risk vs. Return Landscape
If you would invest 8.62 in Altamira Gold Corp on December 23, 2024 and sell it today you would lose (0.27) from holding Altamira Gold Corp or give up 3.13% of portfolio value over 90 days. Altamira Gold Corp is currently producing 0.0533% returns and takes up 4.6612% volatility of returns over 90 trading days. Put another way, 41% of traded pink sheets are less volatile than Altamira, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altamira Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altamira Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Altamira Gold Corp, and traders can use it to determine the average amount a Altamira Gold'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 = 0.0114
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| Cash | Small Risk | Average Risk | EQTRF | Huge Risk |
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Estimated Market Risk
| 4.66 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altamira Gold 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 Altamira Gold by adding Altamira Gold to a well-diversified portfolio.
Altamira Gold Fundamentals Growth
Altamira Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Altamira Gold, and Altamira Gold 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 Altamira Pink Sheet performance.
| Return On Equity | -0.0803 | |||
| Return On Asset | -0.0469 | |||
| Current Valuation | 29.5 M | |||
| Shares Outstanding | 163.74 M | |||
| Price To Earning | (2.81) X | |||
| Price To Book | 2.19 X | |||
| EBITDA | (1.57 M) | |||
| Cash And Equivalents | 3.25 M | |||
| Cash Per Share | 0.02 X | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (960.65 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 19.81 M | |||
About Altamira Gold Performance
By analyzing Altamira Gold's fundamental ratios, stakeholders can gain valuable insights into Altamira Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altamira Gold 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 Altamira Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. Altamira Gold Corp. was incorporated in 1994 and is headquartered in Vancouver, Canada. ALTAMIRA GOLD is traded on OTC Exchange in the United States.Things to note about Altamira Gold Corp performance evaluation
Checking the ongoing alerts about Altamira Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Altamira Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altamira Gold Corp has some characteristics of a very speculative penny stock | |
| Altamira Gold Corp had very high historical volatility over the last 90 days | |
| Altamira Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.58 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altamira Gold Corp has accumulated about 3.25 M in cash with (960.65 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Altamira Gold'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 Altamira Gold's stock is overvalued or undervalued compared to its peers.
- Examining Altamira Gold'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 Altamira Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altamira Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altamira Gold's pink sheet. These opinions can provide insight into Altamira Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altamira Pink Sheet analysis
When running Altamira Gold's price analysis, check to measure Altamira Gold'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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.
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