Altamira Gold Corp Stock Price on May 8, 2024
| EQTRF Stock | USD 0.09 0 2.51% |
If you're considering investing in Altamira Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Altamira Gold stands at 0.09, as last reported on the 27th of November, with the highest price reaching 0.1 and the lowest price hitting 0.09 during the day. Altamira Gold appears to be out of control, given 3 months investment horizon. Altamira Gold Corp secures Sharpe Ratio (or Efficiency) of 0.057, which signifies that the company had a 0.057% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Altamira Gold Corp, which you can use to evaluate the volatility of the firm. Please makes use of Altamira Gold's Mean Deviation of 3.59, downside deviation of 6.23, and Risk Adjusted Performance of 0.0426 to double-check if our risk estimates are consistent with your expectations.
Altamira Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Altamira |
Sharpe Ratio = 0.057
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Estimated Market Risk
| 5.91 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Altamira Gold is performing at about 4% 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 Altamira Gold by adding it to a well-diversified portfolio.
Altamira Gold Valuation on May 8, 2024
It is possible to determine the worth of Altamira Gold on a given historical date. On May 8, 2024 Altamira was worth 0.0843 at the beginning of the trading date compared to the closed value of 0.0825. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altamira Gold pink sheet. Still, in general, we apply an absolute valuation method to find Altamira Gold'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 Altamira Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altamira Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.09 | 0.09 | 0.08 | 0.08 | 133,850 | |
05/08/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 2,265 |
| 0.08 | 0.08 | 0.08 | 0.08 | 124,500 |
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Altamira Gold Trading Date Momentum on May 8, 2024
| On May 09 2024 Altamira Gold Corp was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.08 . The daily volume was 124.5 K. The net trading volume on 05/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.03% . The overall trading delta to current closing price is 1.70% . |
Altamira Gold Corp Fundamentals Correlations and Trends
By evaluating Altamira Gold'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 Altamira Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altamira financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altamira Gold Pink Sheet history
Altamira Gold 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 Altamira is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altamira Gold 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 Altamira Gold stock prices may prove useful in developing a viable investing in Altamira Gold
Altamira Gold Corp. engages in the acquisition, exploration, development, and mining of mineral properties in Brazil. Altamira Gold Corp. was incorporated in 1994 and is headquartered in Vancouver, Canada. ALTAMIRA GOLD is traded on OTC Exchange in the United States.
Altamira Gold Pink Sheet Technical Analysis
Altamira Gold technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Altamira Gold Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Altamira Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Altamira Gold November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Altamira Gold pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altamira Gold shares will generate the highest return on investment. By undertsting and applying Altamira Gold pink sheet market strength indicators, traders can identify Altamira Gold Corp entry and exit signals to maximize returns
Altamira Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altamira Gold's price direction in advance. Along with the technical and fundamental analysis of Altamira Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altamira 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 | 0.0426 | |||
| Jensen Alpha | 0.3714 | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | 0.0213 | |||
| Treynor Ratio | (0.25) |
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| Volume Indicators |
Complementary Tools for Altamira Pink Sheet analysis
When running Altamira Gold's price analysis, check to measure Altamira Gold's 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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.
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