Kumba Iron (South Africa) Price on December 10, 2024
| KIO Stock | 33,804 758.00 2.19% |
If you're considering investing in Kumba Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kumba Iron stands at 33,804, as last reported on the 13th of December 2024, with the highest price reaching 34,564 and the lowest price hitting 33,746 during the day. At this point, Kumba Iron is very steady. Kumba Iron Ore has Sharpe Ratio of 0.0049, which conveys that the firm had a 0.0049% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kumba Iron, which you can use to evaluate the volatility of the firm. Please verify Kumba Iron's Mean Deviation of 1.93, risk adjusted performance of 0.0328, and Downside Deviation of 2.29 to check out if the risk estimate we provide is consistent with the expected return of 0.0126%.
Kumba Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kumba |
Sharpe Ratio = 0.0049
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| Negative Returns | KIO |
Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kumba Iron 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 Kumba Iron by adding Kumba Iron to a well-diversified portfolio.
Kumba Iron Valuation on December 10, 2024
It is possible to determine the worth of Kumba Iron on a given historical date. On December 10, 2024 Kumba was worth 36035.0 at the beginning of the trading date compared to the closed value of 35115.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kumba Iron stock. Still, in general, we apply an absolute valuation method to find Kumba Iron'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 Kumba Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kumba Iron's related companies.
| Open | High | Low | Close | Volume | |
| 34,393 | 36,175 | 33,601 | 36,175 | 470,357 | |
12/10/2024 | 36,035 | 36,035 | 35,115 | 35,115 | 162,853 |
| 34,802 | 34,969 | 34,387 | 34,653 | 290,835 |
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Kumba Iron Trading Date Momentum on December 10, 2024
| On December 11 2024 Kumba Iron Ore was traded for 34,653 at the closing time. The highest price during the trading period was 34,969 and the lowest recorded bid was listed for 34,387 . The volume for the day was 290.8 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.32% . The trading delta at closing time to the current price is 2.23% . |
Kumba Iron Ore Fundamentals Correlations and Trends
By evaluating Kumba Iron'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 Kumba Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kumba financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kumba Iron Stock history
Kumba Iron 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 Kumba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kumba Iron Ore 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 Kumba Iron stock prices may prove useful in developing a viable investing in Kumba Iron
Kumba Iron Stock Technical Analysis
Kumba Iron 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
Kumba Iron Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Kumba Iron Ore cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Kumba Iron December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Kumba Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kumba Iron shares will generate the highest return on investment. By undertsting and applying Kumba Iron stock market strength indicators, traders can identify Kumba Iron Ore entry and exit signals to maximize returns
Kumba Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kumba Iron's price direction in advance. Along with the technical and fundamental analysis of Kumba Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kumba 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 | 0.0328 | |||
| Jensen Alpha | 0.0575 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3608 |
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Complementary Tools for Kumba Stock analysis
When running Kumba Iron's price analysis, check to measure Kumba Iron'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 Kumba Iron is operating at the current time. Most of Kumba Iron's value examination focuses on studying past and present price action to predict the probability of Kumba Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kumba Iron's price. Additionally, you may evaluate how the addition of Kumba Iron to your portfolios can decrease your overall portfolio volatility.
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