Altai Resources Stock Performance
| ATI Stock | CAD 0.07 0.01 16.67% |
Altai Resources has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Altai Resources are expected to decrease at a much lower rate. During the bear market, Altai Resources is likely to outperform the market. Altai Resources right now shows a risk of 3.72%. Please confirm Altai Resources jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Altai Resources will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altai Resources are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Altai Resources is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Dividend Date 2016-06-09 | Ex Dividend Date 2016-06-10 |
1 | Closing Bell Altai Resources Inc Down On Wednesday - Barchart | 01/03/2025 |
| Begin Period Cash Flow | 1.2 M |
Altai |
Altai Resources Relative Risk vs. Return Landscape
If you would invest 7.00 in Altai Resources on November 3, 2024 and sell it today you would earn a total of 0.00 from holding Altai Resources or generate 0.0% return on investment over 90 days. Altai Resources is currently producing 0.0672% returns and takes up 3.7151% volatility of returns over 90 trading days. Put another way, 33% of traded stocks are less volatile than Altai, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Altai Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altai Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altai Resources, and traders can use it to determine the average amount a Altai Resources' 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 = 0.0181
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Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Altai Resources is performing at about 1% 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 Altai Resources by adding it to a well-diversified portfolio.
Altai Resources Fundamentals Growth
Altai Stock prices reflect investors' perceptions of the future prospects and financial health of Altai Resources, and Altai Resources 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 Altai Stock performance.
| Return On Equity | 0.0087 | ||||
| Return On Asset | -0.0195 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | (0.28) % | ||||
| Current Valuation | (387.5 K) | ||||
| Shares Outstanding | 56.03 M | ||||
| Price To Earning | (135.00) X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 18.24 X | ||||
| Revenue | 194.78 K | ||||
| Gross Profit | 136.17 K | ||||
| EBITDA | (95 K) | ||||
| Net Income | 39.38 K | ||||
| Cash And Equivalents | 3.73 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 372.79 K | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | 78.05 K | ||||
| Total Asset | 5 M | ||||
| Retained Earnings | (33.63 M) | ||||
About Altai Resources Performance
Evaluating Altai Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Altai Resources 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 Altai Resources 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.
Altai Resources Inc. operates as a natural resource exploration and development company in Canada. Altai Resources Inc. was founded in 1955 and is headquartered in Toronto, Canada. Altai Resources operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange.Things to note about Altai Resources performance evaluation
Checking the ongoing alerts about Altai Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altai Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altai Resources has some characteristics of a very speculative penny stock | |
| Altai Resources had very high historical volatility over the last 90 days | |
| Altai Resources has a very high chance of going through financial distress in the upcoming years | |
| About 21.0% of the company shares are held by company insiders |
- Analyzing Altai Resources' 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 Altai Resources' stock is overvalued or undervalued compared to its peers.
- Examining Altai Resources' 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 Altai Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altai Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altai Resources' stock. These opinions can provide insight into Altai Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Altai Stock Analysis
When running Altai Resources' price analysis, check to measure Altai Resources' 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 Altai Resources is operating at the current time. Most of Altai Resources' value examination focuses on studying past and present price action to predict the probability of Altai Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altai Resources' price. Additionally, you may evaluate how the addition of Altai Resources to your portfolios can decrease your overall portfolio volatility.