Altai Resources Stock Price on April 12, 2024
| ATI Stock | CAD 0.07 0.00 0.00% |
Below is the normalized historical share price chart for Altai Resources extending back to October 22, 2001. 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 Altai Resources stands at 0.07, as last reported on the 27th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
If you're considering investing in Altai Stock, it is important to understand the factors that can impact its price. Altai Resources appears to be out of control, given 3 months investment horizon. Altai Resources secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. By analyzing Altai Resources' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please makes use of Altai Resources' Downside Deviation of 16.51, risk adjusted performance of 0.0843, and Mean Deviation of 5.17 to double-check if our risk estimates are consistent with your expectations.
At this time, Altai Resources' Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 26.2 K in 2024, whereas Other Stockholder Equity is likely to drop slightly above 806.8 K in 2024. . Altai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.064 | 50 Day MA 0.0744 | Beta 1.404 |
Altai |
Sharpe Ratio = 0.1014
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Estimated Market Risk
| 9.77 actual daily | 86 86% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Altai Resources 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 Altai Resources by adding it to a well-diversified portfolio.
Price Book 0.8633 | Enterprise Value Ebitda (4.81) | Price Sales 19.6415 | Shares Float 44.4 M | Shares Short 713 |
Altai Resources Valuation on April 12, 2024
It is possible to determine the worth of Altai Resources on a given historical date. On April 12, 2024 Altai was worth 0.06 at the beginning of the trading date compared to the closed value of 0.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altai Resources stock. Still, in general, we apply an absolute valuation method to find Altai Resources' 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 Altai Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altai Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
04/12/2024 | 0.06 | 0.06 | 0.06 | 0.06 | 67,000 |
| 0.06 | 0.07 | 0.06 | 0.07 | 64,500 |
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Altai Resources Trading Date Momentum on April 12, 2024
| On April 15 2024 Altai Resources was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.07 and the lowest price was 0.06 . The daily volume was 64.5 K. The net trading volume on 04/15/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 16.67% . The overall trading delta to current closing price is 0.00% . |
Altai Resources Fundamentals Correlations and Trends
By evaluating Altai Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altai Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altai Resources Stock history
Altai Resources 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 Altai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altai Resources 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 Altai Resources stock prices may prove useful in developing a viable investing in Altai Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64.4 M | 61.5 M | |
| Net Loss | -49.7 K | -52.2 K |
Altai Resources Quarterly Net Working Capital |
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Altai Resources Stock Technical Analysis
Altai Resources 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
Altai Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Altai Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Altai Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Altai Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altai Resources shares will generate the highest return on investment. By undertsting and applying Altai Resources stock market strength indicators, traders can identify Altai Resources entry and exit signals to maximize returns
Altai Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altai Resources' price direction in advance. Along with the technical and fundamental analysis of Altai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altai 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 | 0.0843 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | (1.06) |
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Additional Tools for Altai Stock Analysis
When running Altai Resources' price analysis, check to measure Altai Resources' 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 Altai Resources is operating at the current time. Most of Altai Resources' value examination focuses on studying past and present price action to predict the probability of Altai Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altai Resources' price. Additionally, you may evaluate how the addition of Altai Resources to your portfolios can decrease your overall portfolio volatility.