Altitude Acquisition Corp Buy Hold or Sell Recommendation

ALTUUDelisted Stock  USD 10.04  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Altitude Acquisition Corp is 'Not Rated'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Altitude Acquisition Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Altitude Acquisition Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
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 employment.
Note, we conduct extensive research on individual companies such as Altitude and provide practical buy, sell, or hold advice based on investors' constraints. Altitude Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Execute Altitude Acquisition Buy or Sell Advice

The Altitude recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altitude Acquisition Corp. Macroaxis does not own or have any residual interests in Altitude Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altitude Acquisition's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Altitude AcquisitionBuy Altitude Acquisition
Not Rated
For the selected time horizon Altitude Acquisition Corp has a Risk Adjusted Performance of 0.0035, Jensen Alpha of 9.0E-4, Total Risk Alpha of (0.06), Sortino Ratio of (0.07) and Treynor Ratio of 0.0734
Our trade advice tool can cross-verify current analyst consensus on Altitude Acquisition Corp and to analyze the company potential to grow in the current economic cycle. To make sure Altitude Acquisition is not overpriced, please confirm all Altitude Acquisition Corp fundamentals, including its cash and equivalents, short ratio, as well as the relationship between the Short Ratio and retained earnings . Given that Altitude Acquisition Corp has a ebitda of (15.41 M), we suggest you to validate Altitude Acquisition Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Altitude Acquisition Trading Alerts and Improvement Suggestions

Altitude Acquisition is not yet fully synchronised with the market data
Altitude Acquisition has a very high chance of going through financial distress in the upcoming years
Altitude Acquisition Corp has accumulated 275 K in total debt. Altitude Acquisition Corp has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Altitude Acquisition's use of debt, we should always consider it together with its cash and equity.
Net Loss for the year was (3.97 M) with profit before overhead, payroll, taxes, and interest of 0.
Altitude Acquisition Corp has accumulated about 164.25 K in cash with (615.72 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.

Altitude Acquisition Returns Distribution Density

The distribution of Altitude Acquisition's historical returns is an attempt to chart the uncertainty of Altitude Acquisition's future price movements. The chart of the probability distribution of Altitude Acquisition daily returns describes the distribution of returns around its average expected value. We use Altitude Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altitude Acquisition returns is essential to provide solid investment advice for Altitude Acquisition.
Mean Return
0.01
Value At Risk
-0.2
Potential Upside
0.00
Standard Deviation
0.53
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altitude Acquisition 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.

Altitude Acquisition Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altitude . 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.

About Altitude Acquisition Buy or Sell Advice

When is the right time to buy or sell Altitude Acquisition Corp? Buying financial instruments such as Altitude Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Altitude Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Copper
Copper Theme
Companies involved in production of copper. The Copper theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
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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 employment.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Altitude Stock

If you are still planning to invest in Altitude Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altitude Acquisition's history and understand the potential risks before investing.
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