Altagas Stock Price on June 27, 2024
| ALA Stock | CAD 34.24 0.16 0.47% |
Below is the normalized historical share price chart for AltaGas extending back to July 22, 1999. 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 AltaGas stands at 34.24, as last reported on the 30th of November, with the highest price reaching 34.30 and the lowest price hitting 34.01 during the day.
If you're considering investing in AltaGas Stock, it is important to understand the factors that can impact its price. As of now, AltaGas Stock is very steady. AltaGas secures Sharpe Ratio (or Efficiency) of 0.0228, which signifies that the company had a 0.0228% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AltaGas, which you can use to evaluate the volatility of the firm. Please confirm AltaGas' Mean Deviation of 0.8302, risk adjusted performance of 0.0262, and Downside Deviation of 1.81 to double-check if the risk estimate we provide is consistent with the expected return of 0.028%.
At this time, AltaGas' Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 297.9 M, while Common Stock Total Equity is likely to drop about 4.6 B. . At this time, AltaGas' Price Cash Flow Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Sales Ratio is likely to grow to 0.96, while Price Earnings To Growth Ratio is likely to drop 0.17. AltaGas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 31.7291 | 50 Day MA 33.9734 | Beta 1.229 |
AltaGas |
Sharpe Ratio = 0.0228
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| Negative Returns | ALA |
Estimated Market Risk
| 1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average AltaGas is performing at about 1% 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.
Price Book 1.3298 | Enterprise Value Ebitda 13.1672 | Price Sales 0.8172 | Shares Float 295.5 M | Dividend Share 1.173 |
AltaGas Valuation on June 27, 2024
It is possible to determine the worth of AltaGas on a given historical date. On June 27, 2024 AltaGas was worth 30.18 at the beginning of the trading date compared to the closed value of 30.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AltaGas 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 | |
| 29.88 | 30.20 | 29.75 | 30.17 | 673,769 | |
06/27/2024 | 30.18 | 30.58 | 30.07 | 30.39 | 457,411 |
| 30.47 | 30.74 | 30.41 | 30.65 | 1,137,628 |
| Backtest AltaGas | | | AltaGas History | | | AltaGas Valuation | Previous | Next |
AltaGas Trading Date Momentum on June 27, 2024
| On June 28 2024 AltaGas was traded for 30.65 at the closing time. The maximum traded price for the trading interval was 30.74 and the lowest daily price was 30.41 . The daily volume was recorded at 1.1 M. The volume of trading on 28th of June 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.86% . The overall trading delta to the closing price today is 0.36% . |
AltaGas 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 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 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 283.7 M | 297.9 M | |
| Net Income Applicable To Common Shares | 458.9 M | 481.8 M |
AltaGas Stock Technical Analysis
AltaGas 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
AltaGas Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
AltaGas 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 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 stock market strength indicators, traders can identify AltaGas 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 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 | 0.0262 | |||
| Jensen Alpha | 0.0261 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 17.53 |
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Other Information on Investing in AltaGas Stock
AltaGas financial ratios help investors to determine whether AltaGas 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 AltaGas with respect to the benefits of owning AltaGas security.