Alta Copper (Peru) Performance
| ATCU Stock | 0.39 0.00 0.00% |
On a scale of 0 to 100, Alta Copper holds a performance score of 11. The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alta Copper are expected to decrease at a much lower rate. During the bear market, Alta Copper is likely to outperform the market. Please check Alta Copper's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Alta Copper's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Alta Copper Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak forward indicators, Alta Copper demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
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Alta Copper Relative Risk vs. Return Landscape
If you would invest 35.00 in Alta Copper Corp on August 30, 2024 and sell it today you would earn a total of 4.00 from holding Alta Copper Corp or generate 11.43% return on investment over 90 days. Alta Copper Corp is generating 0.7177% of daily returns and assumes 5.0541% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than Alta, and 86% 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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Alta Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alta Copper's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alta Copper Corp, and traders can use it to determine the average amount a Alta Copper'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 = 0.142
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Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Alta Copper is performing at about 11% 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 Alta Copper by adding it to a well-diversified portfolio.
Things to note about Alta Copper Corp performance evaluation
Checking the ongoing alerts about Alta Copper for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alta Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alta Copper Corp is not yet fully synchronised with the market data | |
| Alta Copper Corp is way too risky over 90 days horizon | |
| Alta Copper Corp has some characteristics of a very speculative penny stock | |
| Alta Copper Corp appears to be risky and price may revert if volatility continues |
- Analyzing Alta Copper'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 Alta Copper's stock is overvalued or undervalued compared to its peers.
- Examining Alta Copper'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 Alta Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alta Copper's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alta Copper's stock. These opinions can provide insight into Alta Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Alta Stock analysis
When running Alta Copper's price analysis, check to measure Alta Copper'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 Alta Copper is operating at the current time. Most of Alta Copper's value examination focuses on studying past and present price action to predict the probability of Alta Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alta Copper's price. Additionally, you may evaluate how the addition of Alta Copper to your portfolios can decrease your overall portfolio volatility.
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