African Metals Stock Price on April 29, 2024
| AFR Stock | CAD 0.01 0.00 0.00% |
If you're considering investing in African Stock, it is important to understand the factors that can impact its price. As of today, the current price of African Metals stands at 0.01, as last reported on the 16th of June 2024, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. African Metals is out of control given 3 months investment horizon. African Metals secures Sharpe Ratio (or Efficiency) of 0.0784, which signifies that the company had a 0.0784% return per unit of risk over the last 3 months. We were able to interpolate nineteen different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use African Metals Standard Deviation of 18.58, risk adjusted performance of 0.0565, and Mean Deviation of 7.41 to evaluate company specific risk that cannot be diversified away.
Other Stockholder Equity is likely to drop to about 102.8 K in 2024. Common Stock is likely to drop to about 35.1 M in 2024. African Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
African |
Sharpe Ratio = 0.0784
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Estimated Market Risk
| 19.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.53 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average African Metals is performing at about 6% 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 African Metals by adding it to a well-diversified portfolio.
Price Book 0.8116 | Book Value 0.007 | Enterprise Value 113.1 K | Enterprise Value Ebitda 0.2146 | Price Sales 0.6411 |
African Metals Valuation on April 29, 2024
It is possible to determine the worth of African Metals on a given historical date. On April 29, 2024 African was worth 0.01 at the beginning of the trading date compared to the closed value of 0.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of African Metals stock. Still, in general, we apply an absolute valuation method to find African Metals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of African Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against African Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
04/29/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
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African Metals Trading Date Momentum on April 29, 2024
| On April 30 2024 African Metals was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on 04/30/2024 did not affect price variability. The overall trading delta to current closing price is 100.00% . |
African Metals Fundamentals Correlations and Trends
By evaluating African Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among African Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. African financial account trend analysis is a perfect complement when working with valuation or volatility modules.About African Metals Stock history
African Metals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for African is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in African Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing African Metals stock prices may prove useful in developing a viable investing in African Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.7 M | 18.1 M | |
| Net Loss | -487 K | -462.6 K |
African Metals Quarterly Net Working Capital |
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African Metals Stock Technical Analysis
African Metals technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
African Metals Period Price Range
Low | April 29, 2024
| High |
0.01 | 0.01 |
African Metals June 16, 2024 Market Strength
Market strength indicators help investors to evaluate how African Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading African Metals shares will generate the highest return on investment. By undertsting and applying African Metals stock market strength indicators, traders can identify African Metals entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.01 | |||
| Day Typical Price | 0.01 | |||
| Period Momentum Indicator | 0.005 | |||
| Relative Strength Index | 28.44 |
African Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for African Metals' price direction in advance. Along with the technical and fundamental analysis of African Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of African to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0565 | |||
| Jensen Alpha | 1.59 | |||
| Total Risk Alpha | 2.12 | |||
| Treynor Ratio | 0.1678 |
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Additional Tools for African Stock Analysis
When running African Metals' price analysis, check to measure African Metals' 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 African Metals is operating at the current time. Most of African Metals' value examination focuses on studying past and present price action to predict the probability of African Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move African Metals' price. Additionally, you may evaluate how the addition of African Metals to your portfolios can decrease your overall portfolio volatility.