Lundin Mining (Germany) Price on February 6, 2024

GXD Stock  EUR 7.91  0.37  4.47%   
If you're considering investing in Lundin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lundin Mining stands at 7.91, as last reported on the 20th of December, with the highest price reaching 7.91 and the lowest price hitting 7.91 during the day. Lundin Mining has Sharpe Ratio of -0.0397, which conveys that the firm had a -0.0397% return per unit of risk over the last 3 months. Lundin Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lundin Mining's Mean Deviation of 1.92, standard deviation of 2.42, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
  
Lundin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0397

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGXD

Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.1
  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 Lundin Mining 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 Lundin Mining by adding Lundin Mining to a well-diversified portfolio.

Lundin Mining Valuation on February 6, 2024

It is possible to determine the worth of Lundin Mining on a given historical date. On February 6, 2024 Lundin was worth 7.33 at the beginning of the trading date compared to the closed value of 7.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lundin Mining stock. Still, in general, we apply an absolute valuation method to find Lundin Mining'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 Lundin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lundin Mining's related companies.
 Open High Low Close Volume
  7.33    7.33    7.26    7.33    700.00  
02/06/2024
  7.33    7.33    7.32    7.32    220.00  
  7.37    7.37    7.37    7.37    1.00  
Backtest Lundin Mining  |  Lundin Mining History  |  Lundin Mining Valuation   PreviousNext  
Open Value
7.33
7.32
Closing Value
14.59
Upside

Lundin Mining Trading Date Momentum on February 6, 2024

On February 07 2024 Lundin Mining was traded for  7.37  at the closing time. The highest daily price throughout the period was 7.37  and the lowest price was  7.37 . There was no trading activity during the period 1.0. Lack of trading volume on 02/07/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.68% . The trading delta at closing time to current closing price is 0.68% .

Lundin Mining Fundamentals Correlations and Trends

By evaluating Lundin Mining'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 Lundin Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lundin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lundin Mining Stock history

Lundin Mining 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 Lundin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lundin Mining 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 Lundin Mining stock prices may prove useful in developing a viable investing in Lundin Mining
Lundin Mining Corporation, a diversified base metals mining company, engages in the exploration, development, and mining of mineral properties in Chile, the United States, Portugal, and Sweden. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada. LUNDIN MINING operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3347 people.

Lundin Mining Stock Technical Analysis

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

Lundin Mining Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Lundin Mining 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.

Lundin Mining December 20, 2024 Market Strength

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

Lundin Mining Technical and Predictive Indicators

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

When running Lundin Mining's price analysis, check to measure Lundin Mining'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 Lundin Mining is operating at the current time. Most of Lundin Mining's value examination focuses on studying past and present price action to predict the probability of Lundin Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lundin Mining's price. Additionally, you may evaluate how the addition of Lundin Mining to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges