On December 13, 2024 Ajax Resources PLC had Day Typical Price of 2.87. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 16 2024 Ajax Resources PLC was traded for 3.00 at the closing time. The highest price during the trading period was 3.00 and the lowest recorded bid was listed for 3.00 . There was no trading activity during the period 1.0. Lack of trading volume on December 16, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in Ajax, whether a beginner or expert, Ajax Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ajax Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ajax. Basic forecasting techniques help filter out the noise by identifying Ajax Resources' price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ajax Resources stock to make a market-neutral strategy. Peer analysis of Ajax Resources could also be used in its relative valuation, which is a method of valuing Ajax Resources by comparing valuation metrics with similar companies.
Ajax Resources PLC Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ajax Resources' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ajax Resources' current price.
Market strength indicators help investors to evaluate how Ajax Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ajax Resources shares will generate the highest return on investment. By undertsting and applying Ajax Resources stock market strength indicators, traders can identify Ajax Resources PLC entry and exit signals to maximize returns.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Ajax Resources' price analysis, check to measure Ajax 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 Ajax Resources is operating at the current time. Most of Ajax Resources' value examination focuses on studying past and present price action to predict the probability of Ajax Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ajax Resources' price. Additionally, you may evaluate how the addition of Ajax Resources to your portfolios can decrease your overall portfolio volatility.