Altair International Corp Stock Buy Hold or Sell Recommendation
| ATAO Stock | USD 0.04 0 8.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Altair International Corp is 'Strong Sell'. The recommendation algorithm takes into account all of Altair International's available fundamental, technical, and predictive indicators you will find on this site.
Check out Altair International 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. In addition, we conduct extensive research on individual companies such as Altair and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Altair International Corp. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in nation.
Altair |
Execute Altair International Buy or Sell Advice
The Altair recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altair International Corp. Macroaxis does not own or have any residual interests in Altair International Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altair International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Altair International Trading Alerts and Improvement Suggestions
| Altair International generated a negative expected return over the last 90 days | |
| Altair International has high historical volatility and very poor performance | |
| Altair International has some characteristics of a very speculative penny stock | |
| Altair International has high likelihood to experience some financial distress in the next 2 years | |
| Altair International Corp currently holds 139.76 K in liabilities with Debt to Equity (D/E) ratio of 6.81, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altair International Corp has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Altair International until it has trouble settling it off, either with new capital or with free cash flow. So, Altair International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altair International Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altair to invest in growth at high rates of return. When we think about Altair International's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altair International Corp currently holds about 29.81 K in cash with (396.24 K) of positive cash flow from operations. | |
| Roughly 52.0% of Altair International shares are held by company insiders |
Altair International Returns Distribution Density
The distribution of Altair International's historical returns is an attempt to chart the uncertainty of Altair International's future price movements. The chart of the probability distribution of Altair International daily returns describes the distribution of returns around its average expected value. We use Altair International Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altair International returns is essential to provide solid investment advice for Altair International.
| Mean Return | 0.01 | Value At Risk | -15.38 | Potential Upside | 26.67 | Standard Deviation | 12.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altair International 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.
Altair International 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 Altair International or Basic Materials 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 Altair International's price will be affected by overall otc 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 Altair otc'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 | 0.39 | |
β | Beta against Dow Jones | -3.12 | |
σ | Overall volatility | 12.60 | |
Ir | Information ratio | -0.01 |
Altair International Volatility Alert
Altair International Corp is showing large volatility of returns over the selected time horizon. Altair International Corp is a penny stock. Although Altair International may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Altair International Corp. 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 Altair instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.Altair International Fundamentals Vs Peers
Comparing Altair International's 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 Altair International's direct or indirect competition across all of the common fundamentals between Altair International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altair International or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Altair International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Altair International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Altair International to competition |
| Fundamentals | Altair International | Peer Average |
| Return On Asset | -6.75 | -0.14 |
| Current Valuation | 8.45 M | 16.62 B |
| Shares Outstanding | 24.44 M | 571.82 M |
| Shares Owned By Insiders | 52.47 % | 10.09 % |
| Price To Book | 1,101 X | 9.51 X |
| EBITDA | (1.91 M) | 3.9 B |
| Net Income | (2.47 M) | 570.98 M |
| Cash And Equivalents | 29.81 K | 2.7 B |
| Total Debt | 139.76 K | 5.32 B |
| Debt To Equity | 6.81 % | 48.70 % |
| Current Ratio | 0.64 X | 2.16 X |
| Cash Flow From Operations | (396.24 K) | 971.22 M |
| Earnings Per Share | (0.02) X | 3.12 X |
| Number Of Employees | 1 | 18.84 K |
| Beta | 0.27 | -0.15 |
| Market Capitalization | 5.19 M | 19.03 B |
| Total Asset | 290.92 K | 29.47 B |
| Z Score | 2.4 | 8.72 |
| Net Asset | 290.92 K |
Altair International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altair . 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 Altair International Buy or Sell Advice
When is the right time to buy or sell Altair International Corp? Buying financial instruments such as Altair OTC 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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Other Information on Investing in Altair OTC Stock
Altair International financial ratios help investors to determine whether Altair OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altair with respect to the benefits of owning Altair International security.