Exxaro Resources (South Africa) Price on April 18, 2023

EXX Stock   15,958  128.00  0.81%   
If you're considering investing in Exxaro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Exxaro Resources stands at 15,958, as last reported on the 25th of December, with the highest price reaching 16,199 and the lowest price hitting 15,825 during the day. Exxaro Resources secures Sharpe Ratio (or Efficiency) of -0.0097, which denotes the company had a -0.0097% return per unit of risk over the last 3 months. Exxaro Resources exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exxaro Resources' Coefficient Of Variation of 1902.53, mean deviation of 1.32, and Downside Deviation of 1.48 to check the risk estimate we provide.
  
Exxaro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0097

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Estimated Market Risk

 1.65
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Exxaro Resources 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 Exxaro Resources by adding Exxaro Resources to a well-diversified portfolio.

Exxaro Resources Valuation on April 18, 2023

It is possible to determine the worth of Exxaro Resources on a given historical date. On April 18, 2023 Exxaro was worth 15510.66 at the beginning of the trading date compared to the closed value of 15515.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Exxaro Resources stock. Still, in general, we apply an absolute valuation method to find Exxaro Resources' 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 Exxaro Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Exxaro Resources' related companies.
 Open High Low Close Volume
  15,189    15,285    14,790    14,952    754,136  
04/18/2023
  15,511    15,680    15,042    15,515    983,925  
  15,470    15,470    14,960    15,415    1,242,064  
Backtest Exxaro Resources  |  Exxaro Resources History  |  Exxaro Resources Valuation   PreviousNext  
Open Value
15510.66
15,506
Downside
15515.43
Closing Value
15,516
Upside

Exxaro Resources Trading Date Momentum on April 18, 2023

On April 19 2023 Exxaro Resources was traded for  15,415  at the closing time. The highest price during the trading period was 15,470  and the lowest recorded bid was listed for  14,960 . The volume for the day was 1.2 M. This history from April 19, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the current price is 2.29% .

Exxaro Resources Fundamentals Correlations and Trends

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

About Exxaro Resources Stock history

Exxaro Resources 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 Exxaro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Exxaro 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 Exxaro Resources stock prices may prove useful in developing a viable investing in Exxaro Resources

Exxaro Resources Stock Technical Analysis

Exxaro Resources 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 Exxaro Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Exxaro Resources 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

Exxaro Resources Period Price Range

Low
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Exxaro Resources December 25, 2024 Market Strength

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

Exxaro Resources Technical and Predictive Indicators

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

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