State Gas (Australia) Price on September 30, 2024
| GAS Stock | 0.05 0 2.13% |
Below is the normalized historical share price chart for State Gas extending back to October 10, 2017. 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 State Gas stands at 0.05, as last reported on the 12th of December 2024, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day.
If you're considering investing in State Stock, it is important to understand the factors that can impact its price. State Gas appears to be out of control, given 3 months investment horizon. State Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.031, which indicates the firm had a 0.031% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for State Gas, which you can use to evaluate the volatility of the company. Please review State Gas' Risk Adjusted Performance of 0.0351, coefficient of variation of 2770.17, and Semi Deviation of 5.09 to confirm if our risk estimates are consistent with your expectations.
At this time, State Gas' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 330.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 26.5 M in 2024. . State Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0883 | 50 Day MA 0.0461 | Beta 0.715 |
State |
Sharpe Ratio = 0.031
| Best Portfolio | Best Equity | |||
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| Small Returns | GAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.34 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average State Gas is performing at about 2% 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 State Gas by adding it to a well-diversified portfolio.
Price Book 0.448 | Book Value 0.147 | Enterprise Value 20.2 M | Enterprise Value Ebitda 76.8443 | Price Sales 1 K |
Related Headline
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State Gas Valuation on September 30, 2024
It is possible to determine the worth of State Gas on a given historical date. On September 30, 2024 State was worth 0.05 at the beginning of the trading date compared to the closed value of 0.053. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Gas stock. Still, in general, we apply an absolute valuation method to find State Gas' 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 State Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against State Gas' related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 89,449 | |
09/30/2024 | 0.05 | 0.06 | 0.05 | 0.05 | 1,801,009 |
| 0.06 | 0.06 | 0.05 | 0.05 | 393,725 |
| Backtest State Gas | | | State Gas History | | | State Gas Valuation | Previous | Next |
State Gas Trading Date Momentum on September 30, 2024
| On October 01 2024 State Gas 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 393.7 K. The volume of trading on 1st of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.89% . The trading price change to the closing price today is 3.77% . |
State Gas Fundamentals Correlations and Trends
By evaluating State Gas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among State Gas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. State financial account trend analysis is a perfect complement when working with valuation or volatility modules.About State Gas Stock history
State Gas 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 State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State Gas 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 State Gas stock prices may prove useful in developing a viable investing in State Gas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 314.4 M | 330.1 M | |
| Net Loss | -1.1 M | -1 M |
State Gas Stock Technical Analysis
State Gas 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
State Gas Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
State Gas 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.
State Gas December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how State Gas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading State Gas shares will generate the highest return on investment. By undertsting and applying State Gas stock market strength indicators, traders can identify State Gas entry and exit signals to maximize returns
State Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for State Gas' price direction in advance. Along with the technical and fundamental analysis of State Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of State 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 | 0.0351 | |||
| Jensen Alpha | 0.2208 | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | 0.0178 | |||
| Treynor Ratio | (6.26) |
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Additional Tools for State Stock Analysis
When running State Gas' price analysis, check to measure State Gas' 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 State Gas is operating at the current time. Most of State Gas' value examination focuses on studying past and present price action to predict the probability of State Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Gas' price. Additionally, you may evaluate how the addition of State Gas to your portfolios can decrease your overall portfolio volatility.