Althea Group (Australia) Performance
| AGH Stock | 0.04 0 10.00% |
Althea Group holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Althea Group are expected to decrease at a much lower rate. During the bear market, Althea Group is likely to outperform the market. Use Althea Group total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Althea Group.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Althea Group Holdings are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain technical indicators, Althea Group unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Althea Group subsidiary Peak USA begins production of cannabis beverages in Florida - Proactive Investors Australia | 09/16/2024 |
2 | Althea Group Holdings Reveals Significant Shareholder Changes - TipRanks | 11/20/2024 |
| Begin Period Cash Flow | 3.9 M |
Althea |
Althea Group Relative Risk vs. Return Landscape
If you would invest 2.00 in Althea Group Holdings on September 2, 2024 and sell it today you would earn a total of 1.60 from holding Althea Group Holdings or generate 80.0% return on investment over 90 days. Althea Group Holdings is generating 1.0362% of daily returns assuming 5.4378% volatility of returns over the 90 days investment horizon. Simply put, 48% of all stocks have less volatile historical return distribution than Althea Group, and 80% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Althea Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Althea Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Althea Group Holdings, and traders can use it to determine the average amount a Althea Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1906
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Estimated Market Risk
| 5.44 actual daily | 48 52% of assets are more volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Althea Group is performing at about 15% 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 Althea Group by adding it to a well-diversified portfolio.
Althea Group Fundamentals Growth
Althea Stock prices reflect investors' perceptions of the future prospects and financial health of Althea Group, and Althea Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Althea Stock performance.
| Return On Equity | -2.13 | ||||
| Return On Asset | -0.19 | ||||
| Profit Margin | (1.06) % | ||||
| Operating Margin | (0.31) % | ||||
| Current Valuation | 20.84 M | ||||
| Shares Outstanding | 406.5 M | ||||
| Price To Book | 46.61 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 29.4 M | ||||
| Gross Profit | 12.89 M | ||||
| EBITDA | (28.56 M) | ||||
| Net Income | (32.06 M) | ||||
| Total Debt | 6.54 M | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (4.39 M) | ||||
| Earnings Per Share | (0.09) X | ||||
| Total Asset | 23.65 M | ||||
| Retained Earnings | (88.74 M) | ||||
About Althea Group Performance
Assessing Althea Group's fundamental ratios provides investors with valuable insights into Althea Group's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Althea Group is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Althea Group is entity of Australia. It is traded as Stock on AU exchange.Things to note about Althea Group Holdings performance evaluation
Checking the ongoing alerts about Althea Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Althea Group Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Althea Group is way too risky over 90 days horizon | |
| Althea Group has some characteristics of a very speculative penny stock | |
| Althea Group appears to be risky and price may revert if volatility continues | |
| Althea Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 29.4 M. Net Loss for the year was (32.06 M) with profit before overhead, payroll, taxes, and interest of 12.89 M. | |
| Althea Group generates negative cash flow from operations | |
| About 42.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Althea Group Holdings Reveals Significant Shareholder Changes - TipRanks |
- Analyzing Althea Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Althea Group's stock is overvalued or undervalued compared to its peers.
- Examining Althea Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Althea Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Althea Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Althea Group's stock. These opinions can provide insight into Althea Group's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Althea Stock Analysis
When running Althea Group's price analysis, check to measure Althea Group'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 Althea Group is operating at the current time. Most of Althea Group's value examination focuses on studying past and present price action to predict the probability of Althea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Althea Group's price. Additionally, you may evaluate how the addition of Althea Group to your portfolios can decrease your overall portfolio volatility.