Butn (Australia) Price on December 22, 2023
| BTN Stock | 0.07 0.00 0.00% |
If you're considering investing in Butn Stock, it is important to understand the factors that can impact its price. As of today, the current price of Butn stands at 0.07, as last reported on the 29th of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Butn appears to be out of control, given 3 months investment horizon. Butn secures Sharpe Ratio (or Efficiency) of 0.0747, which signifies that the company had a 0.0747% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Butn, which you can use to evaluate the volatility of the firm. Please makes use of Butn's Downside Deviation of 5.41, risk adjusted performance of 0.0485, and Mean Deviation of 2.05 to double-check if our risk estimates are consistent with your expectations.
At this time, Butn's Total Stockholder Equity is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 7.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 190.9 M in 2024. . Butn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Butn |
Sharpe Ratio = 0.0747
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Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Butn is performing at about 5% 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 Butn by adding it to a well-diversified portfolio.
Price Book 2.4123 | Enterprise Value Ebitda 38.1681 | Price Sales 2.7793 | Shares Float 58.9 M | Wall Street Target Price 0.24 |
Butn Valuation on December 22, 2023
It is possible to determine the worth of Butn on a given historical date. On December 22, 2023 Butn was worth 0.072 at the beginning of the trading date compared to the closed value of 0.069. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Butn stock. Still, in general, we apply an absolute valuation method to find Butn'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 Butn where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Butn's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 | |
12/22/2023 | 0.07 | 0.07 | 0.07 | 0.07 | 45,886 |
| 0.07 | 0.07 | 0.07 | 0.07 | 1.00 |
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Butn Trading Date Momentum on December 22, 2023
| On December 27 2023 Butn was traded for 0.07 at the closing time. The maximum traded price for the trading interval was 0.07 and the lowest daily price was 0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of December 2023 did not affect price variability. The overall trading delta to the closing price today is 4.35% . |
Butn Fundamentals Correlations and Trends
By evaluating Butn'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 Butn's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Butn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Butn Stock history
Butn 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 Butn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Butn 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 Butn stock prices may prove useful in developing a viable investing in Butn
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 196.2 M | 190.9 M | |
| Net Loss | -5.9 M | -6.2 M |
Butn Quarterly Net Working Capital |
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Butn Stock Technical Analysis
Butn 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
Butn Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Butn 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.
Butn December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Butn stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Butn shares will generate the highest return on investment. By undertsting and applying Butn stock market strength indicators, traders can identify Butn entry and exit signals to maximize returns
Butn Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Butn's price direction in advance. Along with the technical and fundamental analysis of Butn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Butn 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 | 0.0485 | |||
| Jensen Alpha | 0.1862 | |||
| Total Risk Alpha | 0.0783 | |||
| Sortino Ratio | 0.0301 | |||
| Treynor Ratio | (3.44) |
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Additional Tools for Butn Stock Analysis
When running Butn's price analysis, check to measure Butn'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 Butn is operating at the current time. Most of Butn's value examination focuses on studying past and present price action to predict the probability of Butn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butn's price. Additionally, you may evaluate how the addition of Butn to your portfolios can decrease your overall portfolio volatility.