Anax Metals (Australia) Price on May 15, 2024
| ANX Stock | 0.01 0 7.69% |
Below is the normalized historical share price chart for Anax Metals extending back to June 11, 2004. 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 Anax Metals stands at 0.01, as last reported on the 23rd of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
If you're considering investing in Anax Stock, it is important to understand the factors that can impact its price. Anax Metals secures Sharpe Ratio (or Efficiency) of -0.0886, which signifies that the company had a -0.0886% return per unit of standard deviation over the last 3 months. Anax Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anax Metals' risk adjusted performance of (0.06), and Mean Deviation of 4.22 to double-check the risk estimate we provide.
At this time, Anax Metals' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 45.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 11.6 M in 2024. . Anax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0228 | 50 Day MA 0.0113 | Beta 3.285 |
Anax |
Sharpe Ratio = -0.0886
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| Negative Returns | ANX |
Estimated Market Risk
| 6.51 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Anax Metals 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 Anax Metals by adding Anax Metals to a well-diversified portfolio.
Price Book 0.4718 | Book Value 0.032 | Enterprise Value 9.2 M | Enterprise Value Ebitda (11.82) | Price Sales 301.5173 |
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Anax Metals Valuation on May 15, 2024
It is possible to determine the worth of Anax Metals on a given historical date. On May 15, 2024 Anax was worth 0.056 at the beginning of the trading date compared to the closed value of 0.054. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anax Metals stock. Still, in general, we apply an absolute valuation method to find Anax 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 Anax Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anax Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.05 | 0.06 | 10,533,052 | |
05/15/2024 | 0.06 | 0.06 | 0.05 | 0.05 | 5,396,480 |
| 0.06 | 0.06 | 0.05 | 0.05 | 11,155,974 |
| Backtest Anax Metals | | | Anax Metals History | | | Anax Metals Valuation | Previous | Next |
Anax Metals Trading Date Momentum on May 15, 2024
| On May 16 2024 Anax Metals was traded for 0.05 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.05 . The daily volume was recorded at 11.2 M. The volume of trading on 16th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 9.26% . The overall trading delta to the closing price today is 16.67% . |
Anax Metals Fundamentals Correlations and Trends
By evaluating Anax 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 Anax Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anax Metals Stock history
Anax 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 Anax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anax 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 Anax Metals stock prices may prove useful in developing a viable investing in Anax Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 496.7 M | 521.6 M | |
| Net Loss | -3.3 M | -3.1 M |
Anax Metals Stock Technical Analysis
Anax 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
Anax Metals Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Anax Metals 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.
Anax Metals December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Anax 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 Anax Metals shares will generate the highest return on investment. By undertsting and applying Anax Metals stock market strength indicators, traders can identify Anax Metals entry and exit signals to maximize returns
Anax Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anax Metals' price direction in advance. Along with the technical and fundamental analysis of Anax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anax 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 | (0.06) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | 1.88 |
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Additional Tools for Anax Stock Analysis
When running Anax Metals' price analysis, check to measure Anax 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 Anax Metals is operating at the current time. Most of Anax Metals' value examination focuses on studying past and present price action to predict the probability of Anax Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anax Metals' price. Additionally, you may evaluate how the addition of Anax Metals to your portfolios can decrease your overall portfolio volatility.