Alta Copper Corp Stock Price on February 29, 2024
| ATCU Stock | 0.48 0.01 2.13% |
Below is the normalized historical share price chart for Alta Copper Corp extending back to May 15, 2000. 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 Alta Copper stands at 0.48, as last reported on the 30th of November, with the highest price reaching 0.48 and the lowest price hitting 0.48 during the day.
If you're considering investing in Alta Stock, it is important to understand the factors that can impact its price. Alta Copper Corp secures Sharpe Ratio (or Efficiency) of -0.0264, which signifies that the company had a -0.0264% return per unit of risk over the last 3 months. Alta Copper Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alta Copper's Mean Deviation of 2.96, standard deviation of 3.99, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
As of the 30th of November 2024, Total Stockholder Equity is likely to drop to about 71.2 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 72.1 M. Alta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.5491 | 50 Day MA 0.5414 | Beta 2.903 |
Alta |
Sharpe Ratio = -0.0264
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| Negative Returns | ATCU |
Estimated Market Risk
| 4.06 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alta Copper 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 Alta Copper by adding Alta Copper to a well-diversified portfolio.
Price Book 0.4354 | Book Value 0.787 | Enterprise Value 39.8 M | Enterprise Value Ebitda (16.73) | Shares Float 54.4 M |
Alta Copper Valuation on February 29, 2024
It is possible to determine the worth of Alta Copper on a given historical date. On February 29, 2024 Alta was worth 0.37 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alta Copper stock. Still, in general, we apply an absolute valuation method to find Alta Copper'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 Alta Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alta Copper's related companies.
| Open | High | Low | Close | Volume | |
| 0.36 | 0.36 | 0.36 | 0.36 | 20,000 | |
02/29/2024 | 0.37 | 0.40 | 0.37 | 0.40 | 70,500 |
| 0.38 | 0.38 | 0.37 | 0.38 | 7,000 |
| Backtest Alta Copper | | | Alta Copper History | | | Alta Copper Valuation | Previous | Next |
Alta Copper Trading Date Momentum on February 29, 2024
| On March 01 2024 Alta Copper Corp was traded for 0.38 at the closing time. The highest price during the trading period was 0.38 and the lowest recorded bid was listed for 0.37 . The volume for the day was 7 K. This history from March 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.00% . The overall trading delta to the current price is 5.00% . |
Alta Copper Corp Fundamentals Correlations and Trends
By evaluating Alta Copper'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 Alta Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alta Copper Stock history
Alta Copper 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 Alta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alta Copper Corp 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 Alta Copper stock prices may prove useful in developing a viable investing in Alta Copper
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 78.5 M | 72.1 M | |
| Net Loss | -2.4 M | -2.6 M |
Alta Copper Stock Technical Analysis
Alta Copper 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
Alta Copper Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Alta Copper Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Alta Copper November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alta Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alta Copper shares will generate the highest return on investment. By undertsting and applying Alta Copper stock market strength indicators, traders can identify Alta Copper Corp entry and exit signals to maximize returns
Alta Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alta Copper's price direction in advance. Along with the technical and fundamental analysis of Alta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alta 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 | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.22) |
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Other Information on Investing in Alta Stock
Alta Copper financial ratios help investors to determine whether Alta 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 Alta with respect to the benefits of owning Alta Copper security.