Alto Metals (Australia) Price on July 24, 2024
| AME Stock | 0.09 0 1.09% |
Below is the normalized historical share price chart for Alto Metals extending back to December 20, 2012. 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 Metals stands at 0.09, as last reported on the 26th of November, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day.
If you're considering investing in Alto Stock, it is important to understand the factors that can impact its price. Alto Metals appears to be out of control, given 3 months investment horizon. Alto Metals secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Alto Metals' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Alto Metals' Mean Deviation of 2.23, risk adjusted performance of 0.167, and Downside Deviation of 3.33 to double-check if our risk estimates are consistent with your expectations.
At this time, Alto Metals' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 745.5 M in 2024, whereas Common Stock is likely to drop slightly above 29.1 M in 2024. . Alto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0483 | 50 Day MA 0.0724 | Beta (0.31) |
Alto |
Sharpe Ratio = 0.189
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Alto Metals is performing at about 14% 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 Metals by adding it to a well-diversified portfolio.
Price Book 2.0599 | Book Value 0.045 | Enterprise Value 64.6 M | Enterprise Value Ebitda (17.38) | Price Sales 923.1384 |
Alto Metals Valuation on July 24, 2024
It is possible to determine the worth of Alto Metals on a given historical date. On July 24, 2024 Alto was worth 0.035 at the beginning of the trading date compared to the closed value of 0.033. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alto Metals stock. Still, in general, we apply an absolute valuation method to find Alto Metals' 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 Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alto Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.03 | 0.03 | 750,000 | |
07/24/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 77,957 |
| 0.03 | 0.03 | 0.03 | 0.03 | 570,700 |
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Alto Metals Trading Date Momentum on July 24, 2024
| On July 25 2024 Alto Metals was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . The daily volume was recorded at 570.7 K. The volume of trading on 25th of July 2024 did not affect price variability. The overall trading delta to the closing price today is 69.70% . |
Alto Metals Fundamentals Correlations and Trends
By evaluating Alto Metals' 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 Metals' 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 Metals Stock history
Alto Metals 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 Metals 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 Metals stock prices may prove useful in developing a viable investing in Alto Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 710 M | 745.5 M | |
| Net Loss | -2.9 M | -3.1 M |
Alto Metals Stock Technical Analysis
Alto Metals 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 Metals Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Alto Metals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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 Metals November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Alto Metals 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 Metals shares will generate the highest return on investment. By undertsting and applying Alto Metals stock market strength indicators, traders can identify Alto Metals entry and exit signals to maximize returns
Alto Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alto Metals' 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 | 0.167 | |||
| Jensen Alpha | 0.5692 | |||
| Total Risk Alpha | 0.1556 | |||
| Sortino Ratio | 0.1555 | |||
| Treynor Ratio | 1.13 |
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Additional Tools for Alto Stock Analysis
When running Alto Metals' price analysis, check to measure Alto Metals' 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 Alto Metals is operating at the current time. Most of Alto Metals' value examination focuses on studying past and present price action to predict the probability of Alto Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Metals' price. Additionally, you may evaluate how the addition of Alto Metals to your portfolios can decrease your overall portfolio volatility.