Altagas Ltd Pref Preferred Stock Price on November 26, 2024
| ALA-PG Preferred Stock | CAD 23.24 0.09 0.39% |
If you're considering investing in Altagas Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altagas stands at 23.24, as last reported on the 30th of November, with the highest price reaching 23.24 and the lowest price hitting 22.90 during the day. At this point, Altagas is very steady. Altagas Pref secures Sharpe Ratio (or Efficiency) of 0.0635, which signifies that the company had a 0.0635% return per unit of risk over the last 3 months. We have found thirty technical indicators for Altagas Ltd Pref, which you can use to evaluate the volatility of the firm. Please confirm Altagas' Risk Adjusted Performance of 0.0047, downside deviation of 0.7527, and Mean Deviation of 0.4311 to double-check if the risk estimate we provide is consistent with the expected return of 0.0355%.
Altagas Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altagas |
Sharpe Ratio = 0.0635
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Altagas is performing at about 5% 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 Altagas by adding it to a well-diversified portfolio.
Altagas Valuation on November 26, 2024
It is possible to determine the worth of Altagas on a given historical date. On November 26, 2024 Altagas was worth 22.95 at the beginning of the trading date compared to the closed value of 22.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altagas preferred stock. Still, in general, we apply an absolute valuation method to find Altagas' 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 Altagas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altagas' related companies.
| Open | High | Low | Close | Volume | |
| 22.93 | 23.00 | 22.93 | 23.00 | 4,530 | |
11/26/2024 | 22.95 | 23.00 | 22.94 | 22.99 | 2,001 |
| 22.99 | 22.99 | 22.99 | 22.99 | 1,200 |
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Altagas Trading Date Momentum on November 26, 2024
| On November 27 2024 Altagas Ltd Pref was traded for 22.99 at the closing time. The highest price during the trading period was 22.99 and the lowest recorded bid was listed for 22.99 . The volume for the day was 1.2 K. This history from November 27, 2024 did not affect price variability. The overall trading delta to the current price is 0.39% . |
Altagas Pref Fundamentals Correlations and Trends
By evaluating Altagas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altagas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altagas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altagas Preferred Stock history
Altagas 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 Altagas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altagas Pref 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 Altagas stock prices may prove useful in developing a viable investing in Altagas
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS LTD operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 2881 people.
Altagas Preferred Stock Technical Analysis
Altagas technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Altagas Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Altagas Ltd Pref cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Altagas November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Altagas preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altagas shares will generate the highest return on investment. By undertsting and applying Altagas preferred stock market strength indicators, traders can identify Altagas Ltd Pref entry and exit signals to maximize returns
Altagas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altagas' price direction in advance. Along with the technical and fundamental analysis of Altagas Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altagas 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 | 0.0047 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.08) |
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Complementary Tools for Altagas Preferred Stock analysis
When running Altagas' price analysis, check to measure Altagas' 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 Altagas is operating at the current time. Most of Altagas' value examination focuses on studying past and present price action to predict the probability of Altagas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altagas' price. Additionally, you may evaluate how the addition of Altagas to your portfolios can decrease your overall portfolio volatility.
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