Leonard Lovallo - Altair International CEO and President

ATAO Stock  USD 0.04  0.01  18.16%   

Insider

Leonard Lovallo is CEO and President of Altair International Corp
Age 42
Phone412 770 3140
Webhttps://altairinternationalcorp.com

Altair International Management Efficiency

The company has return on total asset (ROA) of (6.7526) % which means that it has lost $6.7526 on every $100 spent on assets. This is way below average. Altair International's management efficiency ratios could be used to measure how well Altair International manages its routine affairs as well as how well it operates its assets and liabilities.
Altair International Corp currently holds 139.76 K in liabilities with Debt to Equity (D/E) ratio of 6.81, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altair International Corp has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Altair International until it has trouble settling it off, either with new capital or with free cash flow. So, Altair International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Altair International Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altair to invest in growth at high rates of return. When we think about Altair International's use of debt, we should always consider it together with cash and equity.

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Altair International Corp. operates in the metals and mining and green technology sectors. The company was incorporated in 2012 and is based in Pittsburgh, Pennsylvania. ALTAIR INTERNATIONAL operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Altair International Corp [ATAO] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Altair Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Altair International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Altair International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair International will appreciate offsetting losses from the drop in the long position's value.

Moving against Altair OTC Stock

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The ability to find closely correlated positions to Altair International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair International Corp to buy it.
The correlation of Altair International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair International Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Altair OTC Stock

Altair International financial ratios help investors to determine whether Altair OTC Stock 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 Altair with respect to the benefits of owning Altair International security.