LABYRINTH RESOURCES (Germany) Price on October 16, 2024
| GG20 Stock | 0.07 0.00 0.00% |
If you're considering investing in LABYRINTH Stock, it is important to understand the factors that can impact its price. As of today, the current price of LABYRINTH RESOURCES stands at 0.07, as last reported on the 22nd of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. LABYRINTH RESOURCES is out of control given 3 months investment horizon. LABYRINTH RESOURCES LTD retains Efficiency (Sharpe Ratio) of 0.15, which conveys that the company had a 0.15% return per unit of return volatility over the last 3 months. We were able to analyze twenty-five different technical indicators, which can help you to evaluate if expected returns of 6.24% are justified by taking the suggested risk. Use LABYRINTH RESOURCES LTD Mean Deviation of 16.13, market risk adjusted performance of (0.58), and Downside Deviation of 37.0 to evaluate company specific risk that cannot be diversified away.
LABYRINTH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LABYRINTH |
Sharpe Ratio = 0.146
| Best Portfolio | Best Equity | GG20 | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 42.76 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average LABYRINTH RESOURCES is performing at about 11% 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 LABYRINTH RESOURCES by adding it to a well-diversified portfolio.
LABYRINTH RESOURCES Valuation on October 16, 2024
It is possible to determine the worth of LABYRINTH RESOURCES on a given historical date. On October 16, 2024 LABYRINTH was worth 0.045 at the beginning of the trading date compared to the closed value of 0.045. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LABYRINTH RESOURCES stock. Still, in general, we apply an absolute valuation method to find LABYRINTH RESOURCES'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 LABYRINTH RESOURCES where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LABYRINTH RESOURCES's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
10/16/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| Backtest LABYRINTH RESOURCES | | | LABYRINTH RESOURCES History | Previous | Next |
LABYRINTH RESOURCES Trading Date Momentum on October 16, 2024
| On October 17 2024 LABYRINTH RESOURCES LTD was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 17th of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 122.22% . |
Price Boundaries
LABYRINTH RESOURCES Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
LABYRINTH RESOURCES LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
LABYRINTH RESOURCES December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how LABYRINTH 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 LABYRINTH RESOURCES shares will generate the highest return on investment. By undertsting and applying LABYRINTH RESOURCES stock market strength indicators, traders can identify LABYRINTH RESOURCES LTD entry and exit signals to maximize returns
LABYRINTH RESOURCES Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LABYRINTH RESOURCES's price direction in advance. Along with the technical and fundamental analysis of LABYRINTH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LABYRINTH 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 | 0.1169 | |||
| Jensen Alpha | 5.98 | |||
| Total Risk Alpha | 4.57 | |||
| Sortino Ratio | 0.1552 | |||
| Treynor Ratio | (0.59) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for LABYRINTH Stock analysis
When running LABYRINTH RESOURCES's price analysis, check to measure LABYRINTH RESOURCES'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 LABYRINTH RESOURCES is operating at the current time. Most of LABYRINTH RESOURCES's value examination focuses on studying past and present price action to predict the probability of LABYRINTH RESOURCES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LABYRINTH RESOURCES's price. Additionally, you may evaluate how the addition of LABYRINTH RESOURCES to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |