We analyze noise-free headlines and recent hype associated with Altaba which may create opportunities for some arbitrage if properly timed. With Altaba hype-based prediction module you can estimate the value of Altaba from the prospective of Altaba response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Altaba over a specific investment horizon. Check also Altaba Basic Forecasting Models to cross-verify your projections.
Altaba is presently traded for70.53. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Altaba is projected not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 766.67%. The immediate return on the next news is projected to be very small where as daily expected return is presently at 0.03%. The volatility of relative hype elasticity to Altaba is about 173.58%%. The volatility of related hype on Altaba is about 173.58% with expected price after next announcement by competition of 70.54. About 73.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altaba recorded loss per share of 8.1. The entity last dividend was issued on 2019-09-24. The firm had a split on 2004-05-12. Given the investment horizon of 30 days, the next projected press release will be in about 11 days. Check also Altaba Basic Forecasting Models to cross-verify your projections.