Altamira Gold Corp Stock Performance
| ALTA Stock | CAD 0.14 0.01 7.69% |
On a scale of 0 to 100, Altamira Gold holds a performance score of 8. The firm shows a Beta (market volatility) of -2.56, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Altamira Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Altamira Gold is expected to outperform it. Please check Altamira Gold's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Altamira Gold's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altamira Gold Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Altamira Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Dividend Date 2017-01-03 | Last Split Date 2017-01-03 |
1 | 3 Promising Penny Stocks On TSX With Up To CA30M Market Cap - Yahoo Finance | 11/18/2024 |
| Begin Period Cash Flow | 1.6 M |
Altamira |
Altamira Gold Relative Risk vs. Return Landscape
If you would invest 10.00 in Altamira Gold Corp on August 30, 2024 and sell it today you would earn a total of 4.00 from holding Altamira Gold Corp or generate 40.0% return on investment over 90 days. Altamira Gold Corp is generating 0.7314% of daily returns assuming 6.4292% volatility of returns over the 90 days investment horizon. Simply put, 57% of all stocks have less volatile historical return distribution than Altamira Gold, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Altamira Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altamira Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altamira Gold Corp, and traders can use it to determine the average amount a Altamira Gold'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 = 0.1138
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Estimated Market Risk
| 6.43 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Altamira Gold is performing at about 8% 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 Altamira Gold by adding it to a well-diversified portfolio.
Altamira Gold Fundamentals Growth
Altamira Stock prices reflect investors' perceptions of the future prospects and financial health of Altamira Gold, and Altamira Gold 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 Altamira Stock performance.
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0648 | ||||
| Current Valuation | 24.34 M | ||||
| Shares Outstanding | 211.98 M | ||||
| Price To Book | 1.22 X | ||||
| EBITDA | (1.68 M) | ||||
| Net Income | (1.63 M) | ||||
| Cash And Equivalents | 778.05 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 39.48 K | ||||
| Current Ratio | 4.64 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (1.07 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 28.62 M | ||||
| Total Asset | 24.96 M | ||||
| Retained Earnings | (34.01 M) | ||||
| Working Capital | 4.16 M | ||||
About Altamira Gold Performance
Evaluating Altamira Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Altamira Gold 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 Altamira Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (313.21) | (297.55) | |
| Return On Tangible Assets | (0.07) | (0.07) | |
| Return On Capital Employed | (0.07) | (0.06) | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.07) | (0.07) |
Things to note about Altamira Gold Corp performance evaluation
Checking the ongoing alerts about Altamira Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altamira Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altamira Gold Corp is way too risky over 90 days horizon | |
| Altamira Gold Corp has some characteristics of a very speculative penny stock | |
| Altamira Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (1.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Altamira Gold Corp has accumulated about 778.05 K in cash with (1.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: 3 Promising Penny Stocks On TSX With Up To CA30M Market Cap - Yahoo Finance |
- Analyzing Altamira Gold'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 Altamira Gold's stock is overvalued or undervalued compared to its peers.
- Examining Altamira Gold'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 Altamira Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altamira Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altamira Gold's stock. These opinions can provide insight into Altamira Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Altamira Stock Analysis
When running Altamira Gold's price analysis, check to measure Altamira Gold'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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.