Alto Metals (Australia) Buy Hold or Sell Recommendation
| AME Stock | 0.09 0.01 10.84% |
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Alto Metals is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Alto Metals given historical horizon and risk tolerance towards Alto Metals. When Macroaxis issues a 'buy' or 'sell' recommendation for Alto Metals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Alto Metals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Alto and provide practical buy, sell, or hold advice based on investors' constraints. Alto Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Alto |
Execute Alto Metals Buy or Sell Advice
The Alto recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alto Metals. Macroaxis does not own or have any residual interests in Alto Metals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alto Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Alto Metals Trading Alerts and Improvement Suggestions
| Alto Metals has some characteristics of a very speculative penny stock | |
| Alto Metals appears to be risky and price may revert if volatility continues | |
| Alto Metals has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 71.91 K. Net Loss for the year was (1.9 M) with profit before overhead, payroll, taxes, and interest of 77.44 K. | |
| Alto Metals has accumulated about 1.08 M in cash with (1.53 M) of positive cash flow from operations. | |
| Roughly 48.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Brightstar Resources to Acquire Alto Metals with Shareholder Approval - TipRanks |
Alto Metals Returns Distribution Density
The distribution of Alto Metals' historical returns is an attempt to chart the uncertainty of Alto Metals' future price movements. The chart of the probability distribution of Alto Metals daily returns describes the distribution of returns around its average expected value. We use Alto Metals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alto Metals returns is essential to provide solid investment advice for Alto Metals.
| Mean Return | 0.65 | Value At Risk | -4.69 | Potential Upside | 5.06 | Standard Deviation | 3.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alto Metals 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.
Alto Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (1.2M) | 5.0M | (1.9M) | (2.2M) | 841.5K | 883.6K | |
| Free Cash Flow | (2.0M) | (5.8M) | (8.5M) | (7.1M) | (3.7M) | (3.8M) | |
| Depreciation | 16.6K | 17.5K | 51.2K | 85.1K | 141.0K | 148.0K | |
| Other Non Cash Items | 375.8K | 330.1K | 86.1K | 1.1M | (93.5K) | (88.8K) | |
| Capital Expenditures | 1.0M | 4.4M | 7.0M | 5.7M | 2.1M | 2.6M | |
| Net Income | (1.4M) | (1.8M) | (2.3M) | (2.5M) | (1.9M) | (2.0M) | |
| End Period Cash Flow | 126.8K | 5.1M | 3.3M | 1.1M | 1.9M | 1.9M | |
| Investments | (1.0M) | (4.4M) | (7.0M) | (5.7M) | (2.1M) | (2.2M) | |
| Net Borrowings | 250K | (266.2K) | (21.4K) | (58.9K) | (53.0K) | (50.3K) |
Alto Metals 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 Alto Metals or Metals & Mining 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 Alto Metals' price will be affected by overall stock 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 Alto stock'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 | 0.57 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 3.14 | |
Ir | Information ratio | 0.17 |
Alto Metals Volatility Alert
Alto Metals shows above-average downside volatility for the selected time horizon. Alto Metals is a penny stock. Although Alto Metals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Alto Metals. 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 Alto instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Alto Metals Fundamentals Vs Peers
Comparing Alto Metals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alto Metals' direct or indirect competition across all of the common fundamentals between Alto Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alto Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alto Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Alto Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alto Metals to competition |
| Fundamentals | Alto Metals | Peer Average |
| Return On Equity | -0.0622 | -0.31 |
| Return On Asset | -0.0336 | -0.14 |
| Operating Margin | (22.99) % | (5.51) % |
| Current Valuation | 64.64 M | 16.62 B |
| Shares Outstanding | 721.52 M | 571.82 M |
| Shares Owned By Insiders | 47.69 % | 10.09 % |
| Shares Owned By Institutions | 20.99 % | 39.21 % |
| Price To Book | 2.06 X | 9.51 X |
| Price To Sales | 923.14 X | 11.42 X |
| Revenue | 71.91 K | 9.43 B |
| Gross Profit | 77.44 K | 27.38 B |
| EBITDA | (1.57 M) | 3.9 B |
| Net Income | (1.9 M) | 570.98 M |
| Cash And Equivalents | 1.08 M | 2.7 B |
| Total Debt | 174.24 K | 5.32 B |
| Book Value Per Share | 0.04 X | 1.93 K |
| Cash Flow From Operations | (1.53 M) | 971.22 M |
| Target Price | 0.2 | |
| Beta | -0.31 | -0.15 |
| Market Capitalization | 66.38 M | 19.03 B |
| Total Asset | 33.23 M | 29.47 B |
| Retained Earnings | (22.39 M) | 9.33 B |
| Working Capital | 1.08 M | 1.48 B |
| Net Asset | 33.23 M |
Alto Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alto . 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 Alto Metals Buy or Sell Advice
When is the right time to buy or sell Alto Metals? Buying financial instruments such as Alto 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.
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Additional Tools for Alto Stock Analysis
When running Alto Metals' price analysis, check to measure Alto Metals' 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 Alto Metals is operating at the current time. Most of Alto Metals' value examination focuses on studying past and present price action to predict the probability of Alto Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Metals' price. Additionally, you may evaluate how the addition of Alto Metals to your portfolios can decrease your overall portfolio volatility.