Altech Batteries Limited Stock Buy Hold or Sell Recommendation
| ALTHF Stock | 0.03 0.0009 3.01% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Altech Batteries Limited is 'Strong Sell'. Macroaxis provides Altech Batteries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALTHF positions.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Note, we conduct extensive research on individual companies such as Altech and provide practical buy, sell, or hold advice based on investors' constraints. Altech Batteries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Altech |
Execute Altech Batteries Buy or Sell Advice
The Altech recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altech Batteries Limited. Macroaxis does not own or have any residual interests in Altech Batteries Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altech Batteries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Altech Batteries Trading Alerts and Improvement Suggestions
| Altech Batteries had very high historical volatility over the last 90 days | |
| Altech Batteries has some characteristics of a very speculative penny stock |
Altech Batteries Returns Distribution Density
The distribution of Altech Batteries' historical returns is an attempt to chart the uncertainty of Altech Batteries' future price movements. The chart of the probability distribution of Altech Batteries daily returns describes the distribution of returns around its average expected value. We use Altech Batteries Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altech Batteries returns is essential to provide solid investment advice for Altech Batteries.
| Mean Return | 0.27 | Value At Risk | -20.12 | Potential Upside | 17.30 | Standard Deviation | 10.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altech Batteries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Altech Batteries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Altech Batteries or Altech sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Altech Batteries' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Altech pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 10.88 | |
Ir | Information ratio | 0.02 |
Altech Batteries Volatility Alert
Altech Batteries Limited is showing large volatility of returns over the selected time horizon. Altech Batteries Limited is a penny stock. Although Altech Batteries may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Altech Batteries Limited. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Altech instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Altech Batteries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altech . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 0.029 | |||
| Day Typical Price | 0.029 | |||
| Price Action Indicator | (0.0004) | |||
| Period Momentum Indicator | (0.0009) |
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