ELEMENT 29 (Germany) Price on January 7, 2025

2IK Stock  EUR 0.23  0.01  4.17%   
If you're considering investing in ELEMENT Stock, it is important to understand the factors that can impact its price. As of today, the current price of ELEMENT 29 stands at 0.23, as last reported on the 25th of March, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. ELEMENT 29 RESOURCES secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13 % return per unit of return volatility over the last 3 months. ELEMENT 29 RESOURCES exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ELEMENT 29's mean deviation of 4.86, and Standard Deviation of 6.69 to check the risk estimate we provide.
  
ELEMENT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1347

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Estimated Market Risk

 5.99
  actual daily
53
53% of assets are less volatile

Expected Return

 -0.81
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average ELEMENT 29 is not performing at its full potential. However, 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 ELEMENT 29 by adding ELEMENT 29 to a well-diversified portfolio.

ELEMENT 29 Valuation on January 7, 2025

It is possible to determine the worth of ELEMENT 29 on a given historical date. On January 7, 2025 ELEMENT was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ELEMENT 29 stock. Still, in general, we apply an absolute valuation method to find ELEMENT 29's 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 ELEMENT 29 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ELEMENT 29's related companies.
 Open High Low Close Volume
  0.41    0.41    0.41    0.41    30.00  
01/07/2025
  0.35    0.35    0.35    0.35    30.00  
  0.32    0.32    0.32    0.32    30.00  
Backtest ELEMENT 29  |  ELEMENT 29 History  |  ELEMENT 29 Valuation   PreviousNext  
Open Value
0.35
0.35
Closing Value
18.33
Upside

ELEMENT 29 Trading Date Momentum on January 7, 2025

On January 08 2025 ELEMENT 29 RESOURCES was traded for  0.32  at the closing time. The highest daily price throughout the period was 0.32  and the lowest price was  0.32 . The daily volume was 30.0. The net trading volume on 01/08/2025 added to the next day price reduction. The daily price change to closing price of the next trading day was 8.57% . The overall trading delta to current closing price is 0.00% .

ELEMENT 29 RESOURCES Fundamentals Correlations and Trends

By evaluating ELEMENT 29's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ELEMENT 29's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ELEMENT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ELEMENT 29 Stock history

ELEMENT 29 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 ELEMENT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ELEMENT 29 RESOURCES 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 ELEMENT 29 stock prices may prove useful in developing a viable investing in ELEMENT 29
Element 29 Resources Inc. acquires, explores for, evaluates, and develops mineral properties in Peru. Element 29 Resources Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. ELEMENT 29 operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange.

ELEMENT 29 Stock Technical Analysis

ELEMENT 29 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.
A focus of ELEMENT 29 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ELEMENT 29 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ELEMENT 29 Period Price Range

Low
March 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

ELEMENT 29 RESOURCES cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ELEMENT 29 March 25, 2025 Market Strength

Market strength indicators help investors to evaluate how ELEMENT 29 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELEMENT 29 shares will generate the highest return on investment. By undertsting and applying ELEMENT 29 stock market strength indicators, traders can identify ELEMENT 29 RESOURCES entry and exit signals to maximize returns

ELEMENT 29 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ELEMENT 29's price direction in advance. Along with the technical and fundamental analysis of ELEMENT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ELEMENT 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.

Complementary Tools for ELEMENT Stock analysis

When running ELEMENT 29's price analysis, check to measure ELEMENT 29's 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 ELEMENT 29 is operating at the current time. Most of ELEMENT 29's value examination focuses on studying past and present price action to predict the probability of ELEMENT 29's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELEMENT 29's price. Additionally, you may evaluate how the addition of ELEMENT 29 to your portfolios can decrease your overall portfolio volatility.
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