Metals X Limited Stock Price on October 16, 2024
| MLXEF Stock | USD 0.26 0.01 4.00% |
If you're considering investing in Metals Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Metals X stands at 0.26, as last reported on the 2nd of December, with the highest price reaching 0.26 and the lowest price hitting 0.26 during the day. Metals X appears to be out of control, given 3 months investment horizon. Metals X Limited has Sharpe Ratio of 0.0613, which conveys that the firm had a 0.0613% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Metals X, which you can use to evaluate the volatility of the firm. Please exercise Metals X's Downside Deviation of 8.81, risk adjusted performance of 0.023, and Mean Deviation of 3.43 to check out if our risk estimates are consistent with your expectations.
Metals Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Metals |
Sharpe Ratio = 0.0613
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Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Metals X is performing at about 4% 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 Metals X by adding it to a well-diversified portfolio.
Metals X Valuation on October 16, 2024
It is possible to determine the worth of Metals X on a given historical date. On October 16, 2024 Metals was worth 0.29 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metals X pink sheet. Still, in general, we apply an absolute valuation method to find Metals X'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 Metals X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metals X's related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.29 | 0.27 | 0.29 | 25,200 | |
10/16/2024 | 0.29 | 0.29 | 0.29 | 0.29 | 1.00 |
| 0.33 | 0.33 | 0.31 | 0.31 | 25,000 |
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Metals X Trading Date Momentum on October 16, 2024
| On October 17 2024 Metals X Limited was traded for 0.31 at the closing time. The highest daily price throughout the period was 0.33 and the lowest price was 0.31 . The daily volume was 25 K. The net trading volume on 10/17/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 6.90% . The trading delta at closing time to current closing price is 6.90% . |
Metals X Limited Fundamentals Correlations and Trends
By evaluating Metals X'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 Metals X's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metals financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metals X Pink Sheet history
Metals X 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 Metals is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metals X Limited 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 Metals X stock prices may prove useful in developing a viable investing in Metals X
Metals X Limited engages in the production of tin in Australia. Metals X Limited was incorporated in 2004 and is based in South Perth, Australia. Metals X operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Metals X Pink Sheet Technical Analysis
Metals X technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Metals X Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Metals X Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Metals X December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Metals X pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metals X shares will generate the highest return on investment. By undertsting and applying Metals X pink sheet market strength indicators, traders can identify Metals X Limited entry and exit signals to maximize returns
Metals X Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metals X's price direction in advance. Along with the technical and fundamental analysis of Metals Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metals 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 | 0.023 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.88) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.073 |
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| Volume Indicators |
Complementary Tools for Metals Pink Sheet analysis
When running Metals X's price analysis, check to measure Metals X'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 Metals X is operating at the current time. Most of Metals X's value examination focuses on studying past and present price action to predict the probability of Metals X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metals X's price. Additionally, you may evaluate how the addition of Metals X to your portfolios can decrease your overall portfolio volatility.
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