As of the 26th of January, AltaGas shows the Mean Deviation of 0.8543, risk adjusted performance of (0.03), and Standard Deviation of 1.09. AltaGas 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.
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AltaGas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AltaGas
AltaGas
AltaGas' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Please note, there is a significant difference between AltaGas' value and its price as these two are different measures arrived at by different means. Investors typically determine if AltaGas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AltaGas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
AltaGas 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to AltaGas' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of AltaGas.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure AltaGas' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess AltaGas upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AltaGas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AltaGas' standard deviation. In reality, there are many statistical measures that can use AltaGas historical prices to predict the future AltaGas' volatility.
AltaGas secures Sharpe Ratio (or Efficiency) of -0.0293, which signifies that the company had a -0.0293 % return per unit of risk over the last 3 months. AltaGas exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AltaGas' Mean Deviation of 0.8543, standard deviation of 1.09, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AltaGas are expected to decrease at a much lower rate. During the bear market, AltaGas is likely to outperform the market. At this point, AltaGas has a negative expected return of -0.0325%. Please make sure to confirm AltaGas' accumulation distribution, and the relationship between the potential upside and day median price , to decide if AltaGas performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.29
Weak reverse predictability
AltaGas has weak reverse predictability. Overlapping area represents the amount of predictability between AltaGas time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AltaGas price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current AltaGas price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.29
Spearman Rank Test
-0.19
Residual Average
0.0
Price Variance
0.28
AltaGas technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AltaGas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AltaGas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
AltaGas Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AltaGas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About AltaGas Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AltaGas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AltaGas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AltaGas price pattern first instead of the macroeconomic environment surrounding AltaGas. By analyzing AltaGas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AltaGas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AltaGas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Most technical analysis of AltaGas help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AltaGas from various momentum indicators to cycle indicators. When you analyze AltaGas charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AltaGas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
AltaGas financial ratios help investors to determine whether AltaGas Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AltaGas with respect to the benefits of owning AltaGas security.