Altius Minerals Stock Buy Hold or Sell Recommendation
| ALS Stock | CAD 21.04 0.30 1.41% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Altius Minerals is 'Strong Buy'. Macroaxis provides Altius Minerals buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALS positions. The advice algorithm takes into account all of Altius Minerals' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Altius Minerals' buy or sell advice are summarized below:
Real Value 22.54 | Hype Value 21.14 | Market Value 21.04 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Altius Minerals given historical horizon and risk tolerance towards Altius Minerals. When Macroaxis issues a 'buy' or 'sell' recommendation for Altius Minerals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Altius |
Execute Altius Minerals Buy or Sell Advice
The Altius recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altius Minerals. Macroaxis does not own or have any residual interests in Altius Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altius Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Altius Minerals Trading Alerts and Improvement Suggestions
| About 19.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Altius Minerals Announces Positive Q1 2024 Updates - TipRanks.com - TipRanks |
Altius Minerals Returns Distribution Density
The distribution of Altius Minerals' historical returns is an attempt to chart the uncertainty of Altius Minerals' future price movements. The chart of the probability distribution of Altius Minerals daily returns describes the distribution of returns around its average expected value. We use Altius Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altius Minerals returns is essential to provide solid investment advice for Altius Minerals.
| Mean Return | 0.21 | Value At Risk | -2.15 | Potential Upside | 2.71 | Standard Deviation | 1.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altius Minerals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Altius Minerals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (6.3M) | (324K) | 78.2M | (17.6M) | 52.7M | 55.3M | |
| Free Cash Flow | 11.5M | 34.4M | 46.6M | 71.9M | 36.1M | 37.9M | |
| Depreciation | (1.2M) | 45.4M | 22.9M | 24.3M | 27.9M | 29.3M | |
| Other Non Cash Items | 7.0M | 53.8M | (21.2M) | (7.0M) | 10.3M | 10.8M | |
| Capital Expenditures | 15.9M | 2.7M | 1.1M | 2.3M | 405K | 384.8K | |
| Net Income | 18.3M | (26.2M) | 38.3M | 39.5M | 9.5M | 10.0M | |
| End Period Cash Flow | 22.1M | 21.8M | 100.0M | 82.4M | 130.4M | 136.9M | |
| Dividends Paid | 13.1M | 12.9M | 14.2M | 16.5M | (14.3M) | (13.6M) | |
| Investments | (8.4M) | (50.2M) | (25.2M) | (85.8M) | 55.1M | 57.8M | |
| Net Borrowings | (5.5M) | 27.2M | (17.2M) | 1.8M | 1.6M | 1.6M | |
| Change To Netincome | (13.2M) | 47.3M | (16.1M) | 10.6M | 9.6M | 8.9M |
Altius Minerals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Altius Minerals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Altius Minerals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Altius stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | 0.57 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.09 |
Altius Minerals Volatility Alert
Altius Minerals has relatively low volatility with skewness of 1.0 and kurtosis of 2.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Altius Minerals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Altius Minerals' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Altius Minerals Fundamentals Vs Peers
Comparing Altius Minerals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Altius Minerals' direct or indirect competition across all of the common fundamentals between Altius Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altius Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Altius Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Altius Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Altius Minerals to competition |
| Fundamentals | Altius Minerals | Peer Average |
| Return On Equity | 0.0166 | -0.31 |
| Return On Asset | 0.0246 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.45 % | (5.51) % |
| Current Valuation | 1.1 B | 16.62 B |
| Shares Outstanding | 46.54 M | 571.82 M |
| Shares Owned By Insiders | 18.86 % | 10.09 % |
| Shares Owned By Institutions | 26.40 % | 39.21 % |
| Number Of Shares Shorted | 861.32 K | 4.71 M |
| Price To Earning | 24.03 X | 28.72 X |
| Price To Book | 2.01 X | 9.51 X |
| Price To Sales | 14.23 X | 11.42 X |
| Revenue | 68.71 M | 9.43 B |
| Gross Profit | 96.17 M | 27.38 B |
| EBITDA | 47.13 M | 3.9 B |
| Net Income | 9.54 M | 570.98 M |
| Cash And Equivalents | 82.39 M | 2.7 B |
| Cash Per Share | 2.25 X | 5.01 X |
| Total Debt | 120.87 M | 5.32 B |
| Debt To Equity | 0.22 % | 48.70 % |
| Current Ratio | 8.46 X | 2.16 X |
| Book Value Per Share | 10.38 X | 1.93 K |
| Cash Flow From Operations | 36.51 M | 971.22 M |
| Short Ratio | 9.04 X | 4.00 X |
| Earnings Per Share | 0.20 X | 3.12 X |
| Target Price | 23.91 | |
| Number Of Employees | 19 | 18.84 K |
| Beta | 0.97 | -0.15 |
| Market Capitalization | 993.15 M | 19.03 B |
| Total Asset | 773.54 M | 29.47 B |
| Retained Earnings | 13.32 M | 9.33 B |
| Working Capital | 131.84 M | 1.48 B |
| Current Asset | 26.67 M | 9.34 B |
Altius Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altius . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Altius Minerals Buy or Sell Advice
When is the right time to buy or sell Altius Minerals? Buying financial instruments such as Altius Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 5.6M | 6.0M | 7.0M | 7.3M | Total Assets | 721.4M | 780.6M | 773.5M | 812.2M |
Use Investing Ideas to Build Portfolios
In addition to having Altius Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Check out Altius Minerals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.
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