Althea Group (Australia) Price on November 29, 2024
| AGH Stock | 0.03 0 5.56% |
Below is the normalized historical share price chart for Althea Group Holdings extending back to September 21, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Althea Group stands at 0.03, as last reported on the 4th of December, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day.
If you're considering investing in Althea Stock, it is important to understand the factors that can impact its price. Althea Group appears to be out of control, given 3 months investment horizon. Althea Group Holdings secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Althea Group's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Althea Group's Mean Deviation of 4.25, downside deviation of 5.05, and Risk Adjusted Performance of 0.1408 to double-check if our risk estimates are consistent with your expectations.
Liabilities And Stockholders Equity is likely to gain to about 40.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 298.3 K in 2024. . Althea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0298 | 50 Day MA 0.0414 | Beta 1.475 |
Althea |
Sharpe Ratio = 0.1626
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.56 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Althea Group is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Althea Group by adding it to a well-diversified portfolio.
Price Book 44.0163 | Enterprise Value Ebitda (1.80) | Price Sales 0.4552 | Shares Float 249.6 M | Wall Street Target Price 0.57 |
Althea Group Valuation on November 29, 2024
It is possible to determine the worth of Althea Group on a given historical date. On November 29, 2024 Althea was worth 0.04 at the beginning of the trading date compared to the closed value of 0.036. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Althea Group stock. Still, in general, we apply an absolute valuation method to find Althea Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Althea Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Althea Group's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 141,654 | |
11/29/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 824,049 |
| 0.04 | 0.04 | 0.03 | 0.03 | 191,552 |
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Althea Group Trading Date Momentum on November 29, 2024
| On December 02 2024 Althea Group Holdings was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 191.6 K. The volume of trading on 2nd of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 5.56% . The overall trading delta to the closing price today is 0.00% . |
Althea Group Holdings Fundamentals Correlations and Trends
By evaluating Althea Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Althea Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Althea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Althea Group Stock history
Althea Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Althea is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Althea Group Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Althea Group stock prices may prove useful in developing a viable investing in Althea Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 375.9 M | 295.9 M | |
| Net Loss | -12.4 M | -13 M |
Althea Group Stock Technical Analysis
Althea Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Althea Group Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Althea Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Althea Group December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Althea Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Althea Group shares will generate the highest return on investment. By undertsting and applying Althea Group stock market strength indicators, traders can identify Althea Group Holdings entry and exit signals to maximize returns
Althea Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Althea Group's price direction in advance. Along with the technical and fundamental analysis of Althea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Althea to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.7259 | |||
| Total Risk Alpha | 0.1976 | |||
| Sortino Ratio | 0.1661 | |||
| Treynor Ratio | 0.4505 |
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Additional Tools for Althea Stock Analysis
When running Althea Group's price analysis, check to measure Althea Group's 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 Althea Group is operating at the current time. Most of Althea Group's value examination focuses on studying past and present price action to predict the probability of Althea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Althea Group's price. Additionally, you may evaluate how the addition of Althea Group to your portfolios can decrease your overall portfolio volatility.