Alterity Therapeutics Stock Price on August 19, 2024

ATHE Stock  USD 1.06  0.01  0.95%   
If you're considering investing in Alterity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alterity Therapeutics stands at 1.06, as last reported on the 27th of November, with the highest price reaching 1.10 and the lowest price hitting 1.06 during the day. Alterity Therapeutics secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Alterity Therapeutics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alterity Therapeutics' Risk Adjusted Performance of (0.11), standard deviation of 3.23, and Mean Deviation of 2.48 to double-check the risk estimate we provide.
  
Alterity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1546

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsATHE

Estimated Market Risk

 3.23
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alterity Therapeutics 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 Alterity Therapeutics by adding Alterity Therapeutics to a well-diversified portfolio.

Related Headline

Pmv Pharmaceuticals Headline on 19th of August 2024

PMVP EPS -0.97 GuruFocus.com

Alterity Therapeutics Valuation on August 19, 2024

It is possible to determine the worth of Alterity Therapeutics on a given historical date. On August 19, 2024 Alterity was worth 1.44 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alterity Therapeutics stock. Still, in general, we apply an absolute valuation method to find Alterity Therapeutics' 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 Alterity Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alterity Therapeutics' related companies.
 Open High Low Close Volume
  1.38    1.41    1.36    1.39    5,373  
08/19/2024
  1.44    1.47    1.44    1.46    6,033  
  1.47    1.48    1.31    1.36    14,517  
Backtest Alterity Therapeutics  |  Alterity Therapeutics History  |  Alterity Therapeutics Valuation   PreviousNext  
Open Value
1.44
1.46
Closing Value
11.13
Upside

Alterity Therapeutics Trading Date Momentum on August 19, 2024

On August 20 2024 Alterity Therapeutics was traded for  1.36  at the closing time. The top price for the day was 1.48  and the lowest listed price was  1.31 . The trading volume for the day was 14.5 K. The trading history from August 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.85% . The overall trading delta against the current closing price is 0.00% .

Alterity Therapeutics Fundamentals Correlations and Trends

By evaluating Alterity Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alterity Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alterity financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Alterity Therapeutics Stock history

Alterity Therapeutics 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 Alterity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alterity Therapeutics 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 Alterity Therapeutics stock prices may prove useful in developing a viable investing in Alterity Therapeutics
Alterity Therapeutics Limited engages in the research and development of therapeutic drugs to treat Alzheimers disease, Huntington disease, Parkinsons disease, and other neurological disorders in Australia. Alterity Therapeutics Limited was incorporated in 1997 and is headquartered in Melbourne, Australia. Alterity Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.

Alterity Therapeutics Stock Technical Analysis

Alterity Therapeutics 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.
A focus of Alterity Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alterity Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Alterity Therapeutics Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Alterity Therapeutics 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.

Alterity Therapeutics November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Alterity Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alterity Therapeutics shares will generate the highest return on investment. By undertsting and applying Alterity Therapeutics stock market strength indicators, traders can identify Alterity Therapeutics entry and exit signals to maximize returns

Alterity Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alterity Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Alterity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alterity 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.

Complementary Tools for Alterity Stock analysis

When running Alterity Therapeutics' price analysis, check to measure Alterity Therapeutics' 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 Alterity Therapeutics is operating at the current time. Most of Alterity Therapeutics' value examination focuses on studying past and present price action to predict the probability of Alterity Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alterity Therapeutics' price. Additionally, you may evaluate how the addition of Alterity Therapeutics to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency