Australian Strategic (Australia) Price on March 15, 2024
| ASM Stock | 0.49 0.00 0.00% |
Below is the normalized historical share price chart for Australian Strategic Materials extending back to July 30, 2020. 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 Australian Strategic stands at 0.49, as last reported on the 29th of December, with the highest price reaching 0.53 and the lowest price hitting 0.48 during the day.
If you're considering investing in Australian Stock, it is important to understand the factors that can impact its price. Australian Strategic secures Sharpe Ratio (or Efficiency) of -0.0388, which signifies that the company had a -0.0388% return per unit of risk over the last 3 months. Australian Strategic Materials exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Australian Strategic's Risk Adjusted Performance of 0.0151, mean deviation of 3.11, and Downside Deviation of 4.5 to double-check the risk estimate we provide.
At this time, Australian Strategic's Common Stock is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to 1.21 in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 214.8 M in 2024. . Australian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.7546 | 50 Day MA 0.5166 | Beta 1.341 |
Australian |
Sharpe Ratio = -0.0388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASM |
Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Australian Strategic 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 Australian Strategic by adding Australian Strategic to a well-diversified portfolio.
Price Book 0.4343 | Book Value 1.129 | Enterprise Value 58.1 M | Enterprise Value Ebitda (8.10) | Price Sales 15.6918 |
Australian Strategic Valuation on March 15, 2024
It is possible to determine the worth of Australian Strategic on a given historical date. On March 15, 2024 Australian was worth 1.09 at the beginning of the trading date compared to the closed value of 1.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Australian Strategic stock. Still, in general, we apply an absolute valuation method to find Australian Strategic'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 Australian Strategic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Australian Strategic's related companies.
| Open | High | Low | Close | Volume | |
| 1.06 | 1.09 | 1.03 | 1.09 | 485,797 | |
03/15/2024 | 1.09 | 1.09 | 1.02 | 1.02 | 255,209 |
| 1.02 | 1.06 | 1.00 | 1.01 | 208,683 |
| Backtest Australian Strategic | | | Australian Strategic History | | | Australian Strategic Valuation | Previous | Next |
Australian Strategic Trading Date Momentum on March 15, 2024
| On March 18 2024 Australian Strategic Materials was traded for 1.01 at the closing time. The maximum traded price for the trading interval was 1.06 and the lowest daily price was 1.00 . The daily volume was recorded at 208.7 K. The volume of trading on 18th of March 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.98% . The overall trading delta to the closing price today is 41.18% . |
Australian Strategic Fundamentals Correlations and Trends
By evaluating Australian Strategic'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 Australian Strategic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Australian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Australian Strategic Stock history
Australian Strategic 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 Australian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Australian Strategic 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 Australian Strategic stock prices may prove useful in developing a viable investing in Australian Strategic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 169.3 M | 166.8 M | |
| Net Loss | -23.6 M | -22.5 M |
Australian Strategic Stock Technical Analysis
Australian Strategic 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
Australian Strategic Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Australian Strategic Materials 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.
Australian Strategic December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Australian Strategic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Australian Strategic shares will generate the highest return on investment. By undertsting and applying Australian Strategic stock market strength indicators, traders can identify Australian Strategic Materials entry and exit signals to maximize returns
Australian Strategic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Australian Strategic's price direction in advance. Along with the technical and fundamental analysis of Australian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Australian 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 | 0.0151 | |||
| Jensen Alpha | 0.0291 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0015 | |||
| Treynor Ratio | (2.45) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Australian Stock Analysis
When running Australian Strategic's price analysis, check to measure Australian Strategic'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 Australian Strategic is operating at the current time. Most of Australian Strategic's value examination focuses on studying past and present price action to predict the probability of Australian Strategic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Strategic's price. Additionally, you may evaluate how the addition of Australian Strategic to your portfolios can decrease your overall portfolio volatility.