Alta Equipment Group Preferred Stock Analysis

Alta Preferred Stock Analysis Notes

The company recorded a loss per share of 0.61. Alta Equipment Group last dividend was issued on the 13th of July 2023. Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on NYQ Exchange. It employs 2250 people. For more info on Alta Equipment Group please contact Ryan Greenawalt at 248 449 6700 or go to https://www.altaequipment.com.

Alta Equipment Group Investment Alerts

Alta Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Technical Drivers

As of the 31st of January, Alta Equipment shows the Mean Deviation of 0.436, risk adjusted performance of 0.0441, and Downside Deviation of 0.7402. Alta Equipment Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Alta Equipment Group Price Movement Analysis

Alta Equipment Predictive Daily Indicators

Alta Equipment Forecast Models

Alta Equipment's time-series forecasting models are one of many Alta Equipment's preferred stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alta Equipment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Preferred Stock analysis is the technique used by a trader or investor to examine and evaluate how Alta Equipment prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alta shares will generate the highest return on investment. We also built our preferred stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Preferred Stock such as Alta Equipment. By using and applying Alta Preferred Stock analysis, traders can create a robust methodology for identifying Alta entry and exit points for their positions.

When running Alta Equipment's price analysis, check to measure Alta Equipment'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 Equipment is operating at the current time. Most of Alta Equipment's value examination focuses on studying past and present price action to predict the probability of Alta Equipment'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 Equipment's price. Additionally, you may evaluate how the addition of Alta Equipment to your portfolios can decrease your overall portfolio volatility.