Adriatic Metals (Australia) Price on December 16, 2024
| ADT Stock | 4.04 0.04 1.00% |
Below is the normalized historical share price chart for Adriatic Metals Plc extending back to May 01, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Adriatic Metals stands at 4.04, as last reported on the 22nd of December, with the highest price reaching 4.07 and the lowest price hitting 3.99 during the day.
If you're considering investing in Adriatic Stock, it is important to understand the factors that can impact its price. Adriatic Metals appears to be slightly risky, given 3 months investment horizon. Adriatic Metals Plc secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Adriatic Metals Plc, which you can use to evaluate the volatility of the firm. Please makes use of Adriatic Metals' Mean Deviation of 1.93, downside deviation of 2.04, and Risk Adjusted Performance of 0.1109 to double-check if our risk estimates are consistent with your expectations.
At this time, Adriatic Metals' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 215.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 178.6 M in 2024. . Adriatic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.8136 | 50 Day MA 4.126 | Beta 1.027 |
Adriatic |
Sharpe Ratio = 0.1293
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Adriatic Metals is performing at about 10% 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 Adriatic Metals by adding it to a well-diversified portfolio.
Price Book 5.2666 | Enterprise Value Ebitda (55.90) | Price Sales 5.5 K | Shares Float 306.1 M | Wall Street Target Price 4.7667 |
Adriatic Metals Valuation on December 16, 2024
It is possible to determine the worth of Adriatic Metals on a given historical date. On December 16, 2024 Adriatic was worth 4.16 at the beginning of the trading date compared to the closed value of 4.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adriatic Metals stock. Still, in general, we apply an absolute valuation method to find Adriatic 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 Adriatic Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adriatic Metals' related companies.
| Open | High | Low | Close | Volume | |
| 4.25 | 4.27 | 4.15 | 4.18 | 379,059 | |
12/16/2024 | 4.16 | 4.22 | 3.94 | 4.14 | 904,715 |
| 4.15 | 4.23 | 4.11 | 4.18 | 342,259 |
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Adriatic Metals Trading Date Momentum on December 16, 2024
| On December 17 2024 Adriatic Metals Plc was traded for 4.18 at the closing time. The maximum traded price for the trading interval was 4.23 and the lowest daily price was 4.11 . The daily volume was recorded at 342.3 K. The volume of trading on 17th of December 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 0.97% . The overall trading delta to the closing price today is 2.90% . |
Adriatic Metals Plc Fundamentals Correlations and Trends
By evaluating Adriatic 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 Adriatic Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adriatic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adriatic Metals Stock history
Adriatic 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 Adriatic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adriatic Metals Plc 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 Adriatic Metals stock prices may prove useful in developing a viable investing in Adriatic Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 292.7 M | 178.6 M | |
| Net Loss | -42.4 M | -40.3 M |
Adriatic Metals Stock Technical Analysis
Adriatic 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
Adriatic Metals Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Adriatic Metals Plc cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Adriatic Metals December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Adriatic 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 Adriatic Metals shares will generate the highest return on investment. By undertsting and applying Adriatic Metals stock market strength indicators, traders can identify Adriatic Metals Plc entry and exit signals to maximize returns
Adriatic Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adriatic Metals' price direction in advance. Along with the technical and fundamental analysis of Adriatic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adriatic 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 | 0.1109 | |||
| Jensen Alpha | 0.3347 | |||
| Total Risk Alpha | 0.2614 | |||
| Sortino Ratio | 0.1533 | |||
| Treynor Ratio | 20.43 |
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Additional Tools for Adriatic Stock Analysis
When running Adriatic Metals' price analysis, check to measure Adriatic 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 Adriatic Metals is operating at the current time. Most of Adriatic Metals' value examination focuses on studying past and present price action to predict the probability of Adriatic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adriatic Metals' price. Additionally, you may evaluate how the addition of Adriatic Metals to your portfolios can decrease your overall portfolio volatility.