Altai Resources Stock Price on April 29, 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 30th of November, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day.
200 Day MA
0.0641
50 Day MA
0.0736
Beta
1.404
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.98% is justified by implied risk. Please makes use of Altai Resources' Downside Deviation of 16.51, mean deviation of 5.17, and Risk Adjusted Performance of 0.0843 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.

Sharpe Ratio = 0.1006

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Estimated Market Risk

 9.69
  actual daily
86
86% of assets are less volatile

Expected Return

 0.98
  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
0.8088
Enterprise Value Ebitda
(4.81)
Price Sales
19.6415
Shares Float
44.4 M
Shares Short
713

Altai Resources Valuation on April 29, 2024

It is possible to determine the worth of Altai Resources on a given historical date. On April 29, 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
  0.06    0.06    0.06    0.06    1.00  
04/29/2024
  0.06    0.06    0.06    0.06    322,000  
  0.06    0.06    0.06    0.06    250,200  
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Open Value
0.06
0.0006
Downside
0.06
Closing Value
29.14
Upside

Altai Resources Trading Date Momentum on April 29, 2024

On April 30 2024 Altai Resources was traded for  0.06  at the closing time. The highest daily price throughout the period was 0.06  and the lowest price was  0.06 . The daily volume was 250.2 K. The net trading volume on 04/30/2024 did not affect price variability. 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 ReportedProjected for Next Year
Common Stock Shares Outstanding64.4 M61.5 M
Net Loss-49.7 K-52.2 K

Altai Resources Quarterly Net Working Capital

3.6 Million

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.
A focus of Altai Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altai Resources 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

Altai Resources Period Price Range

Low
November 30, 2024
0.00  NaN%
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 30, 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.

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.