Mineral Resources (Australia) Price on February 27, 2023
| MIN Stock | 35.80 1.11 3.01% |
Below is the normalized historical share price chart for Mineral Resources extending back to July 28, 2006. 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 Mineral Resources stands at 35.80, as last reported on the 16th of December 2024, with the highest price reaching 37.32 and the lowest price hitting 35.80 during the day.
If you're considering investing in Mineral Stock, it is important to understand the factors that can impact its price. Currently, Mineral Resources is not too volatile. Mineral Resources has Sharpe Ratio of 0.0038, which conveys that the firm had a 0.0038% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Mineral Resources, which you can use to evaluate the volatility of the firm. Please verify Mineral Resources' Standard Deviation of 4.54, risk adjusted performance of 0.008, and Mean Deviation of 3.31 to check out if the risk estimate we provide is consistent with the expected return of 0.0173%.
At this time, Mineral Resources' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 12.8 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (90.2 M). . Mineral Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 57.1937 | 50 Day MA 41.1564 | Beta 1.332 |
Mineral |
Sharpe Ratio = 0.0038
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| Negative Returns | MIN |
Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.02 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 Mineral 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 Mineral Resources by adding Mineral Resources to a well-diversified portfolio.
Price Book 1.9846 | Enterprise Value Ebitda 11.7332 | Price Sales 1.3069 | Shares Float 163.4 M | Dividend Share 0.2 |
Mineral Resources Valuation on February 27, 2023
It is possible to determine the worth of Mineral Resources on a given historical date. On February 27, 2023 Mineral was worth 80.95 at the beginning of the trading date compared to the closed value of 77.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mineral Resources stock. Still, in general, we apply an absolute valuation method to find Mineral 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 Mineral Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mineral Resources' related companies.
| Open | High | Low | Close | Volume | |
| 79.84 | 83.70 | 77.64 | 82.68 | 1,309,366 | |
02/27/2023 | 80.95 | 81.77 | 76.44 | 77.41 | 1,280,441 |
| 79.17 | 80.89 | 78.20 | 80.39 | 2,048,126 |
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Mineral Resources Trading Date Momentum on February 27, 2023
| On February 28 2023 Mineral Resources was traded for 80.39 at the closing time. The maximum traded price for the trading interval was 80.89 and the lowest daily price was 78.20 . The daily volume was recorded at 2 M. The volume of trading on 28th of February 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.85% . The trading delta at closing time to the closing price today is 11.23% . |
Mineral Resources Fundamentals Correlations and Trends
By evaluating Mineral 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 Mineral Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mineral financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mineral Resources Stock history
Mineral 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 Mineral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mineral 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 Mineral Resources stock prices may prove useful in developing a viable investing in Mineral Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 197.5 M | 191.8 M | |
| Net Income Applicable To Common Shares | 279.8 M | 294.8 M |
Mineral Resources Quarterly Net Working Capital |
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Mineral Resources Stock Technical Analysis
Mineral 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.
Price Boundaries
Mineral Resources Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Mineral Resources 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.
Mineral Resources December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Mineral 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 Mineral Resources shares will generate the highest return on investment. By undertsting and applying Mineral Resources stock market strength indicators, traders can identify Mineral Resources entry and exit signals to maximize returns
Mineral Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mineral Resources' price direction in advance. Along with the technical and fundamental analysis of Mineral Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mineral 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 | 0.008 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.03) |
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Additional Tools for Mineral Stock Analysis
When running Mineral Resources' price analysis, check to measure Mineral 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 Mineral Resources is operating at the current time. Most of Mineral Resources' value examination focuses on studying past and present price action to predict the probability of Mineral Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Resources' price. Additionally, you may evaluate how the addition of Mineral Resources to your portfolios can decrease your overall portfolio volatility.