Altius Minerals Stock Performance
| ALS Stock | CAD 20.97 0.02 0.1% |
On a scale of 0 to 100, Altius Minerals holds a performance score of 12. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altius Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Altius Minerals is expected to be smaller as well. Please check Altius Minerals' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Altius Minerals' price patterns will revert.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Altius Minerals are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Altius Minerals displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0153 | Payout Ratio 1.3333 | Last Split Factor 1:5 | Forward Dividend Rate 0.32 | Dividend Date 2024-04-01 |
1 | Closing Bell Altius Minerals Corp down on Tuesday - The Globe and Mail | 01/30/2024 |
2 | ALTIUS MINERALS CORP Earnings and Revenue MUNVTM TradingView - TradingView | 02/28/2024 |
3 | Altius Minerals Shares Up on 4Q Revenue Beat, Portfolio Developments - MarketWatch | 03/12/2024 |
4 | Altius Minerals Stock Price Passes Above 50 Day Moving Average of 18.26 - MarketBeat | 03/26/2024 |
5 | Altius Minerals Announces Positive Q1 2024 Updates - TipRanks.com - TipRanks | 04/09/2024 |
| Begin Period Cash Flow | 82.4 M |
Altius |
Altius Minerals Relative Risk vs. Return Landscape
If you would invest 1,784 in Altius Minerals on January 26, 2024 and sell it today you would earn a total of 313.00 from holding Altius Minerals or generate 17.54% return on investment over 90 days. Altius Minerals is generating 0.2757% of daily returns assuming 1.7349% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Altius Minerals, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Altius Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altius Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altius Minerals, and traders can use it to determine the average amount a Altius Minerals' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1589
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ALS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Altius Minerals is performing at about 12% 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 Altius Minerals by adding it to a well-diversified portfolio.
Altius Minerals Fundamentals Growth
Altius Stock prices reflect investors' perceptions of the future prospects and financial health of Altius Minerals, and Altius Minerals fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altius Stock performance.
| Return On Equity | 0.0166 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 1.09 B | ||||
| Shares Outstanding | 46.55 M | ||||
| Price To Earning | 24.03 X | ||||
| Price To Book | 2.01 X | ||||
| Price To Sales | 14.23 X | ||||
| Revenue | 68.71 M | ||||
| Gross Profit | 96.17 M | ||||
| EBITDA | 47.13 M | ||||
| Net Income | 9.54 M | ||||
| Cash And Equivalents | 82.39 M | ||||
| Cash Per Share | 2.25 X | ||||
| Total Debt | 120.87 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 8.46 X | ||||
| Book Value Per Share | 10.38 X | ||||
| Cash Flow From Operations | 36.51 M | ||||
| Earnings Per Share | 0.20 X | ||||
| Market Capitalization | 976.09 M | ||||
| Total Asset | 773.54 M | ||||
| Retained Earnings | 13.32 M | ||||
| Working Capital | 131.84 M | ||||
| Current Asset | 26.67 M | ||||
| Current Liabilities | 9.98 M | ||||
About Altius Minerals Performance
To evaluate Altius Minerals Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Altius Minerals generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Altius Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Altius Minerals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Altius's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (121.68) | (115.60) | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Altius Minerals performance evaluation
Checking the ongoing alerts about Altius Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altius Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Closing Bell Altius Minerals Corp down on Tuesday - The Globe and Mail |
- Analyzing Altius Minerals' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altius Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Altius Minerals' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altius Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altius Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altius Minerals' stock. These opinions can provide insight into Altius Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altius Minerals. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Altius Stock analysis
When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |