Alto Ingredients Stock Price on December 31, 2023
| ALTO Stock | USD 1.40 0.02 1.41% |
Below is the normalized historical share price chart for Alto Ingredients extending back to March 24, 2005. 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 Alto Ingredients stands at 1.40, as last reported on the 25th of November, with the highest price reaching 1.44 and the lowest price hitting 1.38 during the day.
If you're considering investing in Alto Stock, it is important to understand the factors that can impact its price. As of now, Alto Stock is very risky. Alto Ingredients secures Sharpe Ratio (or Efficiency) of 0.0308, which signifies that the company had a 0.0308% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alto Ingredients, which you can use to evaluate the volatility of the firm. Please confirm Alto Ingredients' Mean Deviation of 2.77, risk adjusted performance of 0.0378, and Downside Deviation of 7.72 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Alto Ingredients' Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0, while Total Stockholder Equity is likely to drop about 169.5 M. . At this time, Alto Ingredients' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Cash Flow Ratio is likely to grow to 9.30, while Price To Sales Ratio is likely to drop 0.15. Alto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of March 2005 | 200 Day MA 1.695 | 50 Day MA 1.6202 | Beta 1.981 |
Alto |
Sharpe Ratio = 0.0308
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Alto Ingredients is performing at about 2% 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 Alto Ingredients by adding it to a well-diversified portfolio.
Price Book 0.4124 | Enterprise Value Ebitda 52.8435 | Price Sales 0.1086 | Shares Float 72.6 M | Wall Street Target Price 4.5 |
Alto Ingredients Valuation on December 31, 2023
It is possible to determine the worth of Alto Ingredients on a given historical date. On December 31, 2023 Alto was worth 2.75 at the beginning of the trading date compared to the closed value of 2.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alto Ingredients stock. Still, in general, we apply an absolute valuation method to find Alto Ingredients' 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 Alto Ingredients where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alto Ingredients' related companies.
| Open | High | Low | Close | Volume | |
| 2.78 | 2.82 | 2.69 | 2.75 | 1,415,295 | |
12/29/2023 | 2.75 | 2.79 | 2.66 | 2.66 | 943,832 |
| 2.66 | 2.80 | 2.63 | 2.68 | 715,055 |
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Alto Ingredients Trading Date Momentum on December 31, 2023
| On January 02 2024 Alto Ingredients was traded for 2.68 at the closing time. The top price for the day was 2.80 and the lowest listed price was 2.63 . The trading volume for the day was 715.1 K. The trading history from January 2, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.75% . The overall trading delta against the current closing price is 0.75% . |
Alto Ingredients Fundamentals Correlations and Trends
By evaluating Alto Ingredients' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alto Ingredients' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alto Ingredients Stock history
Alto Ingredients 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 Alto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alto Ingredients 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 Alto Ingredients stock prices may prove useful in developing a viable investing in Alto Ingredients
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 73.3 M | 77 M | |
| Net Loss | -49.3 M | -51.8 M |
Alto Ingredients Stock Technical Analysis
Alto Ingredients 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
Alto Ingredients Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Alto Ingredients 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.
Alto Ingredients November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Alto Ingredients stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alto Ingredients shares will generate the highest return on investment. By undertsting and applying Alto Ingredients stock market strength indicators, traders can identify Alto Ingredients entry and exit signals to maximize returns
Alto Ingredients Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alto Ingredients' price direction in advance. Along with the technical and fundamental analysis of Alto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alto 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 | 0.0378 | |||
| Jensen Alpha | 0.1358 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.362 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alto Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alto Ingredients. If investors know Alto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alto Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (0.51) | Revenue Per Share 13.684 | Quarterly Revenue Growth (0.21) | Return On Assets (0.03) |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.