Altura Mining Limited Stock Performance
| ALTAF Stock | USD 0.01 0.01 58.99% |
Altura Mining holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -11.35, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Altura Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Altura Mining is expected to outperform it. Use Altura Mining treynor ratio, expected short fall, day typical price, as well as the relationship between the potential upside and daily balance of power , to analyze future returns on Altura Mining.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altura Mining Limited are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Altura Mining reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 381.8 K | |
| Total Cashflows From Investing Activities | -1.3 M |
Altura |
Altura Mining Relative Risk vs. Return Landscape
If you would invest 1.60 in Altura Mining Limited on November 9, 2024 and sell it today you would lose (1.03) from holding Altura Mining Limited or give up 64.37% of portfolio value over 90 days. Altura Mining Limited is currently producing 5.3029% returns and takes up 42.1953% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Altura, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altura Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altura Mining's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Altura Mining Limited, and traders can use it to determine the average amount a Altura Mining'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 = 0.1257
| Best Portfolio | Best Equity | ALTAF | ||
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Estimated Market Risk
| 42.2 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Altura Mining is performing at about 9% 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 Altura Mining by adding it to a well-diversified portfolio.
Altura Mining Fundamentals Growth
Altura Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Altura Mining, and Altura Mining 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 Altura Pink Sheet performance.
| Return On Equity | -0.0327 | |||
| Return On Asset | -0.42 | |||
| Profit Margin | (0.86) % | |||
| Operating Margin | (7.43) % | |||
| Current Valuation | 61.69 M | |||
| Shares Outstanding | 6.1 B | |||
| Price To Earning | 2.50 X | |||
| Price To Book | 34.58 X | |||
| Price To Sales | 135.79 X | |||
| Revenue | 288.94 K | |||
| EBITDA | 219.08 K | |||
| Cash And Equivalents | 7.18 M | |||
| Total Debt | 3.35 M | |||
| Debt To Equity | 0.62 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (2.96 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 10.19 M | |||
| Retained Earnings | (84 M) | |||
| Current Asset | 24 M | |||
| Current Liabilities | 3 M | |||
About Altura Mining Performance
By analyzing Altura Mining's fundamental ratios, stakeholders can gain valuable insights into Altura Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altura Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altura Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. Morella Corporation Limited was incorporated in 2000 and is based in West Perth, Australia. Morella Corp operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Altura Mining Limited performance evaluation
Checking the ongoing alerts about Altura Mining for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Altura Mining Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altura Mining is way too risky over 90 days horizon | |
| Altura Mining has some characteristics of a very speculative penny stock | |
| Altura Mining appears to be risky and price may revert if volatility continues | |
| Altura Mining has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 288.94 K. Net Loss for the year was (681.03 K) with profit before overhead, payroll, taxes, and interest of 292.05 K. | |
| Altura Mining Limited has accumulated about 7.18 M in cash with (2.96 M) of positive cash flow from operations. | |
| Roughly 37.0% of the company shares are held by company insiders |
- Analyzing Altura Mining'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 Altura Mining's stock is overvalued or undervalued compared to its peers.
- Examining Altura Mining'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 Altura Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altura Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altura Mining's pink sheet. These opinions can provide insight into Altura Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altura Pink Sheet analysis
When running Altura Mining's price analysis, check to measure Altura Mining'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 Altura Mining is operating at the current time. Most of Altura Mining's value examination focuses on studying past and present price action to predict the probability of Altura Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altura Mining's price. Additionally, you may evaluate how the addition of Altura Mining to your portfolios can decrease your overall portfolio volatility.
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