Altur Slatina (Romania) Price on November 27, 2024
| ALT Stock | 0.07 0 4.29% |
If you're considering investing in Altur Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altur Slatina stands at 0.07, as last reported on the 1st of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Altur Slatina secures Sharpe Ratio (or Efficiency) of -0.0427, which signifies that the company had a -0.0427% return per unit of risk over the last 3 months. Altur Slatina exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altur Slatina's Mean Deviation of 1.66, standard deviation of 2.52, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Altur Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altur |
Sharpe Ratio = -0.0427
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| Negative Returns | ALT |
Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altur Slatina 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 Altur Slatina by adding Altur Slatina to a well-diversified portfolio.
Altur Slatina Valuation on November 27, 2024
It is possible to determine the worth of Altur Slatina on a given historical date. On November 27, 2024 Altur was worth 0.0735 at the beginning of the trading date compared to the closed value of 0.073. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altur Slatina stock. Still, in general, we apply an absolute valuation method to find Altur Slatina'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 Altur Slatina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altur Slatina's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.08 | 0.07 | 0.08 | 10,003 | |
11/27/2024 | 0.07 | 0.07 | 0.07 | 0.07 | 5,000 |
| 0.07 | 0.07 | 0.07 | 0.07 | 208,272 |
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Altur Slatina Trading Date Momentum on November 27, 2024
| On November 28 2024 Altur Slatina was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . The daily volume was recorded at 208.3 K. The volume of trading on 28th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.11% . The overall trading delta to the closing price today is 0.00% . |
About Altur Slatina Stock history
Altur Slatina 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 Altur is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altur Slatina 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 Altur Slatina stock prices may prove useful in developing a viable investing in Altur Slatina
Altur Slatina Stock Technical Analysis
Altur Slatina 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
Altur Slatina Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Altur Slatina cannot be verified against its exchange. Please verify the symbol is currently traded on Bucharest Stock 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.
Altur Slatina December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Altur Slatina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altur Slatina shares will generate the highest return on investment. By undertsting and applying Altur Slatina stock market strength indicators, traders can identify Altur Slatina entry and exit signals to maximize returns
Altur Slatina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altur Slatina's price direction in advance. Along with the technical and fundamental analysis of Altur Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altur 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 | (0.03) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.27) |
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Other Information on Investing in Altur Stock
Altur Slatina financial ratios help investors to determine whether Altur 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 Altur with respect to the benefits of owning Altur Slatina security.