Australian Stocks signal
ALQ

ALQ

ALS Limited · Industrials

Australian StocksConsulting ServicesASXAUD-10.3% from ATH
Current Price

$23.36

Drawdown from ATH

-10.3%

Last Updated

Jun 17, 2026

Dipsern Grade90d

D

Weak

Graded against ALQ's own history at this drawdown — not the market's.

What it means: ALQ's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days+5.49%
May 6Jun 17
About ALQ

ALS Limited

ALS Limited engages in the provision of professional technical services primarily in the areas of testing, measurement, and inspection in Africa, Asia Pacific, Europe, the Middle East, North Africa, and the United States. It operates in two segments, Commodities and Life Sciences. The Commodities segment offers assaying and analytical testing, and metallurgical services for the mining and mineral exploration companies. Its testing and consulting services cover the resource life cycle, including

The reading

How Dipsern reads ALQ right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is ALQ doing right now?

In plain terms: ALQ is 10.3% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now ALQ — ALS Ltd. — is in a moderate correction, down 10.3% from its record high. Last price: $23.36. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.

Historical base rate

What history says at this drawdown

Across all available history, ALQ has spent enough trading days in the 15%-to-10% drawdown band to build a large sample (1120 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for ALQ

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to ALQ's own volatility history. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for ALQ is in the full app, alongside the segment-level win rate.

Comparable signals

Other Australian Stocks at similar drawdown levels

Five tickers closest to ALQ's distance from all-time high. Same category, one tap away.

Atlas Arteria

-10.5% from ATH

Challenger Ltd.

-9.6% from ATH

South32 Ltd.

-11.5% from ATH

Wesfarmers Ltd.

-9.0% from ATH

Telstra Group Ltd.

-8.7% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for ALQ. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-80% to -75%6
-75% to -70%10
-70% to -65%70
-65% to -60%76
-60% to -55%312
-55% to -50%272
-50% to -45%209
-45% to -40%291
-40% to -35%205
-35% to -30%326
-30% to -25%600
-25% to -20%638
Methodology

Every grade is reproducible.

We segment 40+ years of ALQ's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock ALQ's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for ALQ.

Dipsern is research and a second opinion — not a broker. You'd buy ALQ at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.