Alithya Group Price on June 13, 2024
ALYADelisted Stock | USD 1.84 0.06 3.16% |
If you're considering investing in Alithya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alithya stands at 1.84, as last reported on the 26th of November, with the highest price reaching 1.90 and the lowest price hitting 1.83 during the day. We have found twenty-three technical indicators for Alithya Group, which you can use to evaluate the volatility of the firm. Please confirm Alithya's Risk Adjusted Performance of (0.03), mean deviation of 2.23, and Standard Deviation of 2.85 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Alithya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Alithya 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 Alithya by adding Alithya to a well-diversified portfolio.
Alithya Valuation on June 13, 2024
It is possible to determine the worth of Alithya on a given historical date. On June 13, 2024 Alithya was worth 1.9 at the beginning of the trading date compared to the closed value of 1.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alithya stock. Still, in general, we apply an absolute valuation method to find Alithya'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 Alithya where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alithya's related companies.
Open | High | Low | Close | Volume | |
11/26/2024 | 1.90 | 1.90 | 1.83 | 1.84 | 0.00 |
Backtest Alithya | | | Alithya History | | | Alithya Valuation |
Alithya Trading Date Momentum on June 13, 2024
Alithya Group Fundamentals Correlations and Trends
By evaluating Alithya'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 Alithya's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alithya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alithya Stock history
Alithya 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 Alithya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alithya Group 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 Alithya stock prices may prove useful in developing a viable investing in Alithya
Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe. Alithya Group Inc. was founded in 1992 and is headquartered in Montreal, Canada. Alithya operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 00 people.
Alithya Stock Technical Analysis
Alithya 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Alithya Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Alithya Group 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.
Alithya November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Alithya stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alithya shares will generate the highest return on investment. By undertsting and applying Alithya stock market strength indicators, traders can identify Alithya Group entry and exit signals to maximize returns
Alithya Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alithya's price direction in advance. Along with the technical and fundamental analysis of Alithya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alithya 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 | (0.11) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | 0.5716 |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in Alithya Stock
If you are still planning to invest in Alithya Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alithya's history and understand the potential risks before investing.
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