Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Altaba is 'Buy'. Macroaxis provides Altaba buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Altaba positions. The advice algorithm takes into account all of Altaba available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Altaba buy-and-hold prospective. Check also Altaba Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Altaba has a risk adjusted performance of 0.0477, jensen alpha of 0.0358, total risk alpha of 0.0746, sortino ratio of 0.2749 and treynor ratio of 0.1319Macroaxis provides unbiased buy, hold, or sell recommendation on Altaba that should be used to complement current analysts and expert consensus on Altaba. Our buy or sell advice engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Altaba is not overpriced, please confirm all Altaba fundamentals including its EBITDA, Debt to Equity and the relationship between Revenue and Cash and Equivalents . Given that Altaba has Price to Earning of 2.48X, we suggest you validate Altaba market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Altaba Trading Alerts and Improvement Suggestions
The company reported previous year revenue of 332.8M. Net Loss for the year was (9.02B) with profit before overhead, payroll, taxes, and interest of 332.8M.
About 73.0% of the company shares are held by institutions such as insurance companies
Altaba exhibits very low volatility with skewness of 0.62 and kurtosis of 3.04. However, we advise investors to further study Altaba technical indicators to make sure all market info is available and is reliable.