Altius Renewable Royalties Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Altius Renewable are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Altius Renewable Royalties has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Altius Renewable is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 19.2 K | |
| Total Cashflows From Investing Activities | -27.9 M |
Altius |
Altius Renewable Relative Risk vs. Return Landscape
If you would invest (100.00) in Altius Renewable Royalties on December 10, 2024 and sell it today you would earn a total of 100.00 from holding Altius Renewable Royalties or generate -100.0% return on investment over 90 days. Altius Renewable Royalties is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Altius, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altius Renewable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altius Renewable's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Altius Renewable Royalties, and traders can use it to determine the average amount a Altius Renewable'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 = 0.0
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Based on monthly moving average Altius Renewable 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 Altius Renewable by adding Altius Renewable to a well-diversified portfolio.
Altius Renewable Fundamentals Growth
Altius OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Altius Renewable, and Altius Renewable 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 Altius OTC Stock performance.
| Return On Equity | -0.0099 | |||
| Return On Asset | -0.0095 | |||
| Operating Margin | (7.17) % | |||
| Current Valuation | 119.84 M | |||
| Shares Outstanding | 30.78 M | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 538.18 X | |||
| EBITDA | (2.13 M) | |||
| Cash And Equivalents | 61.91 M | |||
| Cash Per Share | 2.34 X | |||
| Total Debt | 172.4 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 6.31 X | |||
| Cash Flow From Operations | (1.37 M) | |||
| Earnings Per Share | (0.13) X | |||
| Total Asset | 165.57 M | |||
Things to note about Altius Renewable Roy performance evaluation
Checking the ongoing alerts about Altius Renewable for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Altius Renewable Roy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altius Renewable Roy is not yet fully synchronised with the market data | |
| Altius Renewable Roy has some characteristics of a very speculative penny stock | |
| Altius Renewable Roy has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.42 M) with profit before overhead, payroll, taxes, and interest of 81.6 K. | |
| Altius Renewable Royalties has accumulated about 61.91 M in cash with (1.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34. | |
| Roughly 59.0% of the company shares are held by company insiders |
- Analyzing Altius Renewable'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 Altius Renewable's stock is overvalued or undervalued compared to its peers.
- Examining Altius Renewable'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 Altius Renewable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altius Renewable's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Altius Renewable's otc stock. These opinions can provide insight into Altius Renewable's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Altius OTC Stock
If you are still planning to invest in Altius Renewable Roy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altius Renewable's history and understand the potential risks before investing.
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