ALTRIA GROUP INC Price on January 31, 2024
| 02209SBP7 | 68.23 7.18 9.52% |
If you're considering investing in ALTRIA Bond, it is important to understand the factors that can impact its price. As of today, the current price of ALTRIA stands at 68.23, as last reported on the 4th of December, with the highest price reaching 68.23 and the lowest price hitting 68.23 during the day. ALTRIA GROUP INC secures Sharpe Ratio (or Efficiency) of -0.0847, which signifies that the bond had a -0.0847% return per unit of risk over the last 3 months. ALTRIA GROUP INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ALTRIA's risk adjusted performance of (0.03), and Mean Deviation of 1.56 to double-check the risk estimate we provide.
ALTRIA Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
ALTRIA |
Sharpe Ratio = -0.0847
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| Negative Returns | 02209SBP7 |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALTRIA 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 ALTRIA by adding ALTRIA to a well-diversified portfolio.
ALTRIA Valuation on January 31, 2024
It is possible to determine the worth of ALTRIA on a given historical date. On January 31, 2024 ALTRIA was worth 74.12 at the beginning of the trading date compared to the closed value of 74.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ALTRIA bond. 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 | |
| 72.57 | 72.57 | 72.57 | 72.57 | 1.00 | |
01/31/2024 | 74.12 | 74.12 | 74.12 | 74.12 | 1.00 |
| 73.47 | 73.47 | 73.47 | 73.47 | 1.00 |
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ALTRIA Trading Date Momentum on January 31, 2024
| On February 01 2024 ALTRIA GROUP INC was traded for 73.47 at the closing time. The highest price during the trading period was 73.47 and the lowest recorded bid was listed for 73.47 . There was no trading activity during the period 1.0. Lack of trading volume on February 1, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.88% . The overall trading delta to the current price is 4.09% . |
About ALTRIA Bond 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 INC 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
ALTRIA Bond Technical Analysis
ALTRIA technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
ALTRIA Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
ALTRIA GROUP INC cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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 December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how ALTRIA bond 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 bond market strength indicators, traders can identify ALTRIA GROUP INC 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 Bond 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.63) |
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| Volume Indicators |
Other Information on Investing in ALTRIA Bond
ALTRIA financial ratios help investors to determine whether ALTRIA Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ALTRIA with respect to the benefits of owning ALTRIA security.