Altima Resources Stock Technical Analysis
| ARSLF Stock | USD 0.24 0.01 4.35% |
As of the 4th of February, Altima Resources shows the Standard Deviation of 7.29, mean deviation of 5.59, and Risk Adjusted Performance of (0.08). Altima Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Altima Resources market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Altima Resources is priced correctly, providing market reflects its regular price of 0.24 per share. As Altima Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Altima Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Altima, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AltimaAltima |
Altima Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Altima Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Altima Resources.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in Altima Resources on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Altima Resources or generate 0.0% return on investment in Altima Resources over 90 days. Altima Resources is related to or competes with Guardian Exploration, Eco (Atlantic), Desert Mountain, CGX Energy, and Wilton Resources. Altima Resources Ltd. engages in the acquisition, exploration, and development of petroleum and natural gas properties More
Altima Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Altima Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Altima Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 38.15 | |||
| Value At Risk | (13.16) | |||
| Potential Upside | 9.09 |
Altima Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altima Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altima Resources' standard deviation. In reality, there are many statistical measures that can use Altima Resources historical prices to predict the future Altima Resources' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | 0.717 |
Altima Resources February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 0.727 | |||
| Mean Deviation | 5.59 | |||
| Coefficient Of Variation | (867.06) | |||
| Standard Deviation | 7.29 | |||
| Variance | 53.17 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | 0.717 | |||
| Maximum Drawdown | 38.15 | |||
| Value At Risk | (13.16) | |||
| Potential Upside | 9.09 | |||
| Skewness | 0.1157 | |||
| Kurtosis | 1.15 |
Altima Resources Backtested Returns
Altima Resources secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of risk over the last 3 months. Altima Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altima Resources' Risk Adjusted Performance of (0.08), standard deviation of 7.29, and Mean Deviation of 5.59 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Altima Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Altima Resources is expected to outperform it. At this point, Altima Resources has a negative expected return of -0.76%. Please make sure to confirm Altima Resources' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Altima Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Altima Resources has good predictability. Overlapping area represents the amount of predictability between Altima Resources time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Altima Resources price movement. The serial correlation of 0.75 indicates that around 75.0% of current Altima Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Altima Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Altima Resources Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Altima Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Altima Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Altima Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Altima Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Altima Resources price pattern first instead of the macroeconomic environment surrounding Altima Resources. By analyzing Altima Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Altima Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Altima Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Altima Resources February 4, 2026 Technical Indicators
Most technical analysis of Altima help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Altima from various momentum indicators to cycle indicators. When you analyze Altima charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 0.727 | |||
| Mean Deviation | 5.59 | |||
| Coefficient Of Variation | (867.06) | |||
| Standard Deviation | 7.29 | |||
| Variance | 53.17 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | 0.717 | |||
| Maximum Drawdown | 38.15 | |||
| Value At Risk | (13.16) | |||
| Potential Upside | 9.09 | |||
| Skewness | 0.1157 | |||
| Kurtosis | 1.15 |
Altima Resources February 4, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Altima stock. With literally thousands of 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.
| Accumulation Distribution | 3,348 | ||
| Daily Balance Of Power | 0.50 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 0.24 | ||
| Day Typical Price | 0.24 | ||
| Price Action Indicator | 0.00 |
Complementary Tools for Altima Pink Sheet analysis
When running Altima Resources' price analysis, check to measure Altima Resources' 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 Altima Resources is operating at the current time. Most of Altima Resources' value examination focuses on studying past and present price action to predict the probability of Altima Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altima Resources' price. Additionally, you may evaluate how the addition of Altima Resources to your portfolios can decrease your overall portfolio volatility.
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