Altra Industrial Motion Price on April 27, 2023
AIMCDelisted Stock | USD 61.98 0.00 0.00% |
If you're considering investing in Altra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altra Industrial stands at 61.98, as last reported on the 30th of November, with the highest price reaching 61.98 and the lowest price hitting 61.98 during the day. We have found twenty-four technical indicators for Altra Industrial Motion, which you can use to evaluate the volatility of the firm. Please confirm Altra Industrial's Coefficient Of Variation of 480.61, risk adjusted performance of 0.1469, and Mean Deviation of 0.1843 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Altra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Altra Industrial is not performing at its full potential. However, 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 Altra Industrial by adding Altra Industrial to a well-diversified portfolio.
Altra Industrial Valuation on April 27, 2023
It is possible to determine the worth of Altra Industrial on a given historical date. On April 27, 2023 Altra was worth 61.98 at the beginning of the trading date compared to the closed value of 61.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altra Industrial stock. Still, in general, we apply an absolute valuation method to find Altra Industrial'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 Altra Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altra Industrial's related companies.
Open | High | Low | Close | Volume | |
61.99 | 62.01 | 61.98 | 61.98 | 1,834,162 | |
03/27/2023 | 61.98 | 61.98 | 61.98 | 61.98 | 1.00 |
61.98 | 61.98 | 61.98 | 61.98 | 0.00 |
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Altra Industrial Trading Date Momentum on April 27, 2023
On November 30 2024 Altra Industrial Motion was traded for 61.98 at the closing time. The top price for the day was 61.98 and the lowest listed price was 61.98 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Altra Industrial Motion Fundamentals Correlations and Trends
By evaluating Altra Industrial'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 Altra Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altra Industrial Stock history
Altra Industrial 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 Altra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altra Industrial Motion 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 Altra Industrial stock prices may prove useful in developing a viable investing in Altra Industrial
Altra Industrial Motion Corp. designs, produces, and markets a range of electromechanical power transmission motion control products for use in various motion-related applications, and high-volume manufacturing and non-manufacturing processes. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts. Altra Indtl operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people.
Altra Industrial Stock Technical Analysis
Altra Industrial 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Altra Industrial Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Altra Industrial Motion cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Altra Industrial November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Altra Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altra Industrial shares will generate the highest return on investment. By undertsting and applying Altra Industrial stock market strength indicators, traders can identify Altra Industrial Motion entry and exit signals to maximize returns
Altra Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altra Industrial's price direction in advance. Along with the technical and fundamental analysis of Altra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altra 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 | 0.1469 | |||
Jensen Alpha | 0.0562 | |||
Total Risk Alpha | 0.0042 | |||
Sortino Ratio | (0.27) | |||
Treynor Ratio | 1.37 |
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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 population. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Altra Stock
If you are still planning to invest in Altra Industrial Motion 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 Altra Industrial's history and understand the potential risks before investing.
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