Altri SGPS (Portugal) Price on December 3, 2024
| ALTR Stock | EUR 5.16 0.05 0.98% |
If you're considering investing in Altri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altri SGPS stands at 5.16, as last reported on the 11th of December 2024, with the highest price reaching 5.20 and the lowest price hitting 5.13 during the day. Currently, Altri SGPS SA is somewhat reliable. Altri SGPS SA secures Sharpe Ratio (or Efficiency) of 0.0892, which signifies that the company had a 0.0892% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Altri SGPS SA, which you can use to evaluate the volatility of the firm. Please confirm Altri SGPS's Mean Deviation of 0.8358, downside deviation of 1.06, and Risk Adjusted Performance of 0.0821 to double-check if the risk estimate we provide is consistent with the expected return of 0.0998%.
Altri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altri |
Sharpe Ratio = 0.0892
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ALTR | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Altri SGPS is performing at about 7% 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 Altri SGPS by adding it to a well-diversified portfolio.
Altri SGPS Valuation on December 3, 2024
It is possible to determine the worth of Altri SGPS on a given historical date. On December 3, 2024 Altri was worth 4.99 at the beginning of the trading date compared to the closed value of 4.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altri SGPS stock. Still, in general, we apply an absolute valuation method to find Altri SGPS'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 Altri SGPS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altri SGPS's related companies.
| Open | High | Low | Close | Volume | |
| 5.01 | 5.01 | 4.93 | 4.93 | 625,649 | |
12/03/2024 | 4.99 | 4.99 | 4.94 | 4.99 | 654,399 |
| 5.01 | 5.15 | 5.00 | 5.05 | 738,816 |
| Backtest Altri SGPS | | | Altri SGPS History | | | Altri SGPS Valuation | Previous | Next |
Altri SGPS Trading Date Momentum on December 3, 2024
| On December 04 2024 Altri SGPS SA was traded for 5.05 at the closing time. The highest price during the trading period was 5.15 and the lowest recorded bid was listed for 5.00 . The volume for the day was 738.8 K. This history from December 4, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.20% . The overall trading delta to the current price is 2.81% . |
Altri SGPS SA Fundamentals Correlations and Trends
By evaluating Altri SGPS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altri SGPS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altri financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altri SGPS Stock history
Altri SGPS 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 Altri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altri SGPS SA 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 Altri SGPS stock prices may prove useful in developing a viable investing in Altri SGPS
Altri SGPS Stock Technical Analysis
Altri SGPS 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
Altri SGPS Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Altri SGPS SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Lisbon. 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.
Altri SGPS December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Altri SGPS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altri SGPS shares will generate the highest return on investment. By undertsting and applying Altri SGPS stock market strength indicators, traders can identify Altri SGPS SA entry and exit signals to maximize returns
Altri SGPS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altri SGPS's price direction in advance. Along with the technical and fundamental analysis of Altri Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altri 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 | 0.0821 | |||
| Jensen Alpha | 0.118 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (2.22) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Altri Stock Analysis
When running Altri SGPS's price analysis, check to measure Altri SGPS's 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 Altri SGPS is operating at the current time. Most of Altri SGPS's value examination focuses on studying past and present price action to predict the probability of Altri SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altri SGPS's price. Additionally, you may evaluate how the addition of Altri SGPS to your portfolios can decrease your overall portfolio volatility.