Altria Group Stock Price on November 2, 2024

MO Stock  USD 57.74  0.09  0.16%   
Below is the normalized historical share price chart for Altria Group extending back to January 02, 1962. 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 Altria stands at 57.74, as last reported on the 29th of November, with the highest price reaching 57.75 and the lowest price hitting 57.21 during the day.
IPO Date
2nd of January 1970
200 Day MA
47.7023
50 Day MA
52.2512
Beta
0.67
 
Embargo
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Altria Stock, it is important to understand the factors that can impact its price. As of now, Altria Stock is very steady. Altria Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Altria Group, which you can use to evaluate the volatility of the firm. Please confirm Altria's Mean Deviation of 0.7729, downside deviation of 0.9289, and Risk Adjusted Performance of 0.1026 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At this time, Altria's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 56.8 B, though Total Stockholder Equity is likely to grow to (3.4 B). . At this time, Altria's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.30, while Price Earnings Ratio is likely to drop 4.91. Altria Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1079

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Altria is performing at about 8% 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 Altria by adding it to a well-diversified portfolio.
Price Book
27.3016
Enterprise Value Ebitda
8.0215
Price Sales
4.7984
Shares Float
1.7 B
Dividend Share
3.96

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Altria Valuation on November 2, 2024

It is possible to determine the worth of Altria on a given historical date. On November 2, 2024 Altria was worth 54.46 at the beginning of the trading date compared to the closed value of 53.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altria stock. Still, in general, we apply an absolute valuation method to find Altria'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 Altria where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altria's related companies.
 Open High Low Close Volume
  51.38    54.84    51.34    54.46    25,481,188  
11/01/2024
  54.46    54.60    53.75    53.87    7,582,016  
  53.93    54.05    53.57    53.88    6,278,503  
Backtest Altria  |  Altria History  |  Altria Valuation   PreviousNext  
Open Value
54.46
53.87
Closing Value
58.38
Upside

Altria Trading Date Momentum on November 2, 2024

On November 04 2024 Altria Group was traded for  53.88  at the closing time. The highest price during the trading period was 54.05  and the lowest recorded bid was listed for  53.57 . The volume for the day was 6.3 M. This history from November 4, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.02% . The overall trading delta to the current price is 0.45% .

Altria Group Fundamentals Correlations and Trends

By evaluating Altria'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 Altria's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altria financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Altria Stock history

Altria 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 Altria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altria Group 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 Altria stock prices may prove useful in developing a viable investing in Altria
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.8 B
Net Income Applicable To Common Shares5.2 B5.4 B

Altria Stock Technical Analysis

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

Altria Period Price Range

Low
November 29, 2024
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High

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 0.00 

Altria Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Altria November 29, 2024 Market Strength

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

Altria Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Altria's price direction in advance. Along with the technical and fundamental analysis of Altria Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altria 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Altria Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altria. If investors know Altria will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altria listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.099
Dividend Share
3.96
Earnings Share
5.92
Revenue Per Share
11.726
Quarterly Revenue Growth
0.013
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altria's market value can be influenced by many factors that don't directly affect Altria's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.