Alta Copper Corp Stock Buy Hold or Sell Recommendation
| ATCU Stock | 0.48 0.01 2.13% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding Alta Copper Corp is 'Not Rated'. The recommendation algorithm takes into account all of Alta Copper's available fundamental, technical, and predictive indicators you will find on this site.
Check out Alta Copper 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 Alta and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Alta Copper 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 board of governors.
Alta |
Execute Alta Copper Buy or Sell Advice
The Alta recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alta Copper Corp. Macroaxis does not own or have any residual interests in Alta Copper Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alta Copper'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 | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Alta Copper Trading Alerts and Improvement Suggestions
| Alta Copper Corp generated a negative expected return over the last 90 days | |
| Alta Copper Corp has some characteristics of a very speculative penny stock | |
| Alta Copper Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (2.71 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Alta Copper generates negative cash flow from operations | |
| About 40.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Alta Equipment Groups Market Perform Rating Reiterated at Northland Securities - MarketBeat |
Alta Copper Returns Distribution Density
The distribution of Alta Copper's historical returns is an attempt to chart the uncertainty of Alta Copper's future price movements. The chart of the probability distribution of Alta Copper daily returns describes the distribution of returns around its average expected value. We use Alta Copper Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alta Copper returns is essential to provide solid investment advice for Alta Copper.
| Mean Return | -0.13 | Value At Risk | -5.45 | Potential Upside | 7.69 | Standard Deviation | 3.99 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alta Copper 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.
Alta Copper 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 Alta Copper 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 Alta Copper's 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 Alta 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 | -0.22 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 4.02 | |
Ir | Information ratio | -0.07 |
Alta Copper Volatility Alert
Alta Copper Corp exhibits very low volatility with skewness of 0.83 and kurtosis of 1.14. Alta Copper Corp is a potential penny stock. Although Alta Copper may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Alta Copper Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Alta 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.Alta Copper Fundamentals Vs Peers
Comparing Alta Copper'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 Alta Copper's direct or indirect competition across all of the common fundamentals between Alta Copper and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alta Copper or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alta Copper's fundamental indicators could also be used in its relative valuation, which is a method of valuing Alta Copper by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alta Copper to competition |
| Fundamentals | Alta Copper | Peer Average |
| Return On Equity | -0.023 | -0.31 |
| Return On Asset | -0.0139 | -0.14 |
| Current Valuation | 39.78 M | 16.62 B |
| Shares Outstanding | 89.85 M | 571.82 M |
| Shares Owned By Insiders | 40.09 % | 10.09 % |
| Number Of Shares Shorted | 18.8 K | 4.71 M |
| Price To Book | 0.44 X | 9.51 X |
| EBITDA | (1.54 M) | 3.9 B |
| Net Income | (2.71 M) | 570.98 M |
| Total Debt | 2.29 M | 5.32 B |
| Book Value Per Share | 0.79 X | 1.93 K |
| Cash Flow From Operations | (742.08 K) | 971.22 M |
| Short Ratio | 1.66 X | 4.00 X |
| Earnings Per Share | (0.03) X | 3.12 X |
| Number Of Employees | 15 | 18.84 K |
| Beta | 2.9 | -0.15 |
| Market Capitalization | 43.13 M | 19.03 B |
| Total Asset | 66.92 M | 29.47 B |
| Retained Earnings | (24.24 M) | 9.33 B |
| Net Asset | 66.92 M |
Alta Copper Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alta . 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 | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.48 | |||
| Day Typical Price | 0.48 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
About Alta Copper Buy or Sell Advice
When is the right time to buy or sell Alta Copper Corp? Buying financial instruments such as Alta 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 Alta Stock
Alta Copper financial ratios help investors to determine whether Alta 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 Alta with respect to the benefits of owning Alta Copper security.