Almonty Industries Stock Price on May 16, 2023
| ALMTF Stock | USD 0.63 0.01 1.61% |
If you're considering investing in Almonty OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Almonty Industries stands at 0.63, as last reported on the 11th of December 2024, with the highest price reaching 0.64 and the lowest price hitting 0.63 during the day. At this point, Almonty Industries is abnormally volatile. Almonty Industries secures Sharpe Ratio (or Efficiency) of 0.055, which signifies that the company had a 0.055% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Almonty Industries, which you can use to evaluate the volatility of the firm. Please confirm Almonty Industries' Downside Deviation of 3.43, mean deviation of 2.48, and Risk Adjusted Performance of 0.0575 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
Almonty OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Almonty |
Sharpe Ratio = 0.055
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Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Almonty Industries is performing at about 4% 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 Almonty Industries by adding it to a well-diversified portfolio.
Almonty Industries Valuation on May 16, 2023
It is possible to determine the worth of Almonty Industries on a given historical date. On May 16, 2023 Almonty was worth 0.46 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Almonty Industries otc stock. Still, in general, we apply an absolute valuation method to find Almonty Industries' 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 Almonty Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Almonty Industries' related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.46 | 0.44 | 0.46 | 5,940 | |
05/16/2023 | 0.46 | 0.46 | 0.46 | 0.46 | 1.00 |
| 0.44 | 0.44 | 0.44 | 0.44 | 500.00 |
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Almonty Industries Trading Date Momentum on May 16, 2023
| On May 17 2023 Almonty Industries was traded for 0.44 at the closing time. The highest daily price throughout the period was 0.44 and the lowest price was 0.44 . The daily volume was 500. The net trading volume on 05/17/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.35% . The overall trading delta to current closing price is 2.17% . |
Almonty Industries Fundamentals Correlations and Trends
By evaluating Almonty Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Almonty Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Almonty financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Almonty Industries OTC Stock history
Almonty Industries 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 Almonty is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Almonty Industries 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 Almonty Industries stock prices may prove useful in developing a viable investing in Almonty Industries
Almonty Industries Inc. engages in mining, processing, and shipping tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal the Sangdong tungsten mine located in Gangwon Province, Republic of Korea and the Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 5 people.
Almonty Industries OTC Stock Technical Analysis
Almonty Industries technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Almonty Industries Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Almonty Industries cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Almonty Industries December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Almonty Industries otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Almonty Industries shares will generate the highest return on investment. By undertsting and applying Almonty Industries otc stock market strength indicators, traders can identify Almonty Industries entry and exit signals to maximize returns
Almonty Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Almonty Industries' price direction in advance. Along with the technical and fundamental analysis of Almonty OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Almonty 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 | 0.0575 | |||
| Jensen Alpha | 0.1757 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0325 | |||
| Treynor Ratio | 0.5159 |
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Complementary Tools for Almonty OTC Stock analysis
When running Almonty Industries' price analysis, check to measure Almonty Industries' 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 Almonty Industries is operating at the current time. Most of Almonty Industries' value examination focuses on studying past and present price action to predict the probability of Almonty Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almonty Industries' price. Additionally, you may evaluate how the addition of Almonty Industries to your portfolios can decrease your overall portfolio volatility.
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