Alumina Limited Stock Price on December 1, 2023
| AWCMF Stock | USD 1.15 0.00 0.00% |
If you're considering investing in Alumina OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alumina stands at 1.15, as last reported on the 18th of June 2024, with the highest price reaching 1.15 and the lowest price hitting 1.15 during the day. Alumina appears to be extremely dangerous, given 3 months investment horizon. Alumina Limited secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. By analyzing Alumina's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please makes use of Alumina's Risk Adjusted Performance of 0.1503, mean deviation of 2.06, and Downside Deviation of 4.62 to double-check if our risk estimates are consistent with your expectations.
Alumina OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alumina |
Sharpe Ratio = 0.2069
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Estimated Market Risk
| 3.91 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Alumina is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alumina by adding it to a well-diversified portfolio.
Alumina Valuation on December 1, 2023
It is possible to determine the worth of Alumina on a given historical date. On December 1, 2023 Alumina was worth 0.54 at the beginning of the trading date compared to the closed value of 0.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alumina otc stock. Still, in general, we apply an absolute valuation method to find Alumina's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alumina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alumina's related companies.
| Open | High | Low | Close | Volume | |
| 0.54 | 0.54 | 0.54 | 0.54 | 1.00 | |
12/01/2023 | 0.54 | 0.54 | 0.54 | 0.54 | 1.00 |
| 0.54 | 0.54 | 0.54 | 0.54 | 1.00 |
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Alumina Trading Date Momentum on December 1, 2023
| On December 05 2023 Alumina Limited was traded for 0.54 at the closing time. The highest daily price throughout the period was 0.54 and the lowest price was 0.54 . There was no trading activity during the period 1.0. Lack of trading volume on 12/05/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Alumina Limited Fundamentals Correlations and Trends
By evaluating Alumina's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alumina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alumina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alumina OTC Stock history
Alumina investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alumina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alumina Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alumina stock prices may prove useful in developing a viable investing in Alumina
Alumina Limited, through its 40 percent interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia. ALUMINA operates under Aluminum classification in the United States and is traded on OTC Exchange.
Alumina OTC Stock Technical Analysis
Alumina technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Alumina Period Price Range
Low | December 1, 2023
| High |
0.54 | 0.54 |
Alumina June 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Alumina otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alumina shares will generate the highest return on investment. By undertsting and applying Alumina otc stock market strength indicators, traders can identify Alumina Limited entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.54 | |||
| Day Typical Price | 0.54 | |||
| Period Momentum Indicator | 0.61 | |||
| Relative Strength Index | 95.36 |
Alumina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alumina's price direction in advance. Along with the technical and fundamental analysis of Alumina OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alumina to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1503 | |||
| Jensen Alpha | 0.8105 | |||
| Total Risk Alpha | 0.6254 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | (1.44) |
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| Volume Indicators |
Complementary Tools for Alumina OTC Stock analysis
When running Alumina's price analysis, check to measure Alumina'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 Alumina is operating at the current time. Most of Alumina's value examination focuses on studying past and present price action to predict the probability of Alumina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alumina's price. Additionally, you may evaluate how the addition of Alumina to your portfolios can decrease your overall portfolio volatility.
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