Altai Resources Stock Analysis
| ATI Stock | CAD 0.07 0.00 0.00% |
Altai Resources is overvalued with Real Value of 0.0588 and Hype Value of 0.07. The main objective of Altai Resources stock analysis is to determine its intrinsic value, which is an estimate of what Altai Resources is worth, separate from its market price. There are two main types of Altai Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Altai Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Altai Resources' stock to identify patterns and trends that may indicate its future price movements.
The Altai Resources stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Altai Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Altai Stock trading window is adjusted to America/Toronto timezone.
Altai |
Altai Stock Analysis Notes
About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altai Resources last dividend was issued on the 10th of June 2016. 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. For more info on Altai Resources please contact the company at 416 383 1328 or go to https://www.altairesources.com.Altai Resources Quarterly Total Revenue |
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Altai Resources Investment Alerts
| Altai Resources is way too risky over 90 days horizon | |
| Altai Resources has some characteristics of a very speculative penny stock | |
| Altai Resources appears to be risky and price may revert if volatility continues | |
| Altai Resources has high likelihood to experience some financial distress in the next 2 years | |
| About 21.0% of the company shares are held by company insiders |
Altai Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altai Resources's market, we take the total number of its shares issued and multiply it by Altai Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Altai Profitablity
Altai Resources' profitability indicators refer to fundamental financial ratios that showcase Altai Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Altai Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Altai Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Altai Resources' profitability requires more research than a typical breakdown of Altai Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.2 %, 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 (0.28) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.28. Management Efficiency
Altai Resources has return on total asset (ROA) of (0.0195) % which means that it has lost $0.0195 on every $100 spent on assets. This is way below average. Altai Resources' management efficiency ratios could be used to measure how well Altai Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Altai Resources' Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 5.6 M in 2024, whereas Total Current Assets are likely to drop slightly above 3.5 M in 2024.Leadership effectiveness at Altai Resources is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (0.28) | Profit Margin 0.1993 | Beta 1.404 | Return On Assets (0.02) | Return On Equity 0.0087 |
Technical Drivers
As of the 27th of November, Altai Resources shows the Downside Deviation of 16.51, risk adjusted performance of 0.0843, and Mean Deviation of 5.17. Altai Resources 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. Please confirm Altai Resources variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Altai Resources is priced correctly, providing market reflects its regular price of 0.07 per share.Altai Resources Price Movement Analysis
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Altai Resources Outstanding Bonds
Altai Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altai Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altai bonds can be classified according to their maturity, which is the date when Altai Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Altai Resources Predictive Daily Indicators
Altai Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altai Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Altai Resources Forecast Models
Altai Resources' time-series forecasting models are one of many Altai Resources' 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 Altai Resources' 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.About Altai Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Altai Resources 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 Altai shares will generate the highest return on investment. We also built our 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 Stock such as Altai Resources. By using and applying Altai Stock analysis, traders can create a robust methodology for identifying Altai entry and exit points for their positions.
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.
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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.