Altri Sgps Sa Stock Market Capitalization
| ACJ Stock | EUR 5.15 0.05 0.98% |
Altri SGPS SA fundamentals help investors to digest information that contributes to Altri SGPS's financial success or failures. It also enables traders to predict the movement of Altri Stock. The fundamental analysis module provides a way to measure Altri SGPS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altri SGPS stock.
Altri |
Altri SGPS SA Company Market Capitalization Analysis
Altri SGPS's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Altri SGPS Market Capitalization | 648.5 M |
Most of Altri SGPS's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altri SGPS SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Altri SGPS SA is about 648.5 M. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The market capitalization for all Germany stocks is notably lower than that of the firm.
Altri Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altri SGPS's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altri SGPS could also be used in its relative valuation, which is a method of valuing Altri SGPS by comparing valuation metrics of similar companies.Altri SGPS is currently under evaluation in market capitalization category among related companies.
Altri Fundamentals
| Current Valuation | 1.5 B | |||
| Price To Book | 1.94 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 785.22 M | |||
| EBITDA | 226.33 M | |||
| Net Income | 123.68 M | |||
| Total Debt | 458.22 M | |||
| Market Capitalization | 648.5 M | |||
| Total Asset | 2.29 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.19 % | |||
| Net Asset | 2.29 B | |||
| Last Dividend Paid | 0.72 |
About Altri SGPS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altri SGPS SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altri SGPS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altri SGPS SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altri SGPS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altri SGPS's short interest history, or implied volatility extrapolated from Altri SGPS options trading.
Pair Trading with Altri SGPS
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altri SGPS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altri SGPS will appreciate offsetting losses from the drop in the long position's value.Moving together with Altri Stock
| 0.69 | MSF | Microsoft Earnings Call Tomorrow | PairCorr |
Moving against Altri Stock
| 0.73 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.61 | APC | Apple Inc Earnings Call Next Week | PairCorr |
| 0.61 | APC | Apple Inc Earnings Call Next Week | PairCorr |
| 0.61 | APC | Apple Inc Earnings Call Next Week | PairCorr |
| 0.61 | APC | Apple Inc Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Altri SGPS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altri SGPS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altri SGPS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altri SGPS SA to buy it.
The correlation of Altri SGPS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altri SGPS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altri SGPS SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altri SGPS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altri SGPS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Altri Stock analysis
When running Altri SGPS's price analysis, check to measure Altri SGPS'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 Altri SGPS is operating at the current time. Most of Altri SGPS's value examination focuses on studying past and present price action to predict the probability of Altri SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altri SGPS's price. Additionally, you may evaluate how the addition of Altri SGPS to your portfolios can decrease your overall portfolio volatility.
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