Minbos Resources (Australia) Price on May 29, 2024
| MNB Stock | 0.09 0 3.41% |
Below is the normalized historical share price chart for Minbos Resources extending back to October 18, 2010. 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 Minbos Resources stands at 0.09, as last reported on the 14th of December 2024, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day.
If you're considering investing in Minbos Stock, it is important to understand the factors that can impact its price. Minbos Resources appears to be out of control, given 3 months investment horizon. Minbos Resources has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Minbos Resources' technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Minbos Resources' Mean Deviation of 4.51, downside deviation of 5.66, and Risk Adjusted Performance of 0.0815 to check out if our risk estimates are consistent with your expectations.
At this time, Minbos Resources' Common Stock Shares Outstanding is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 28.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 16.7 M in 2024. . Minbos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0623 | 50 Day MA 0.055 | Beta 0.965 |
Minbos |
Sharpe Ratio = 0.1085
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Estimated Market Risk
| 6.64 actual daily | 59 59% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Minbos Resources is performing at about 8% 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 Minbos Resources by adding it to a well-diversified portfolio.
Price Book 2.6902 | Book Value 0.033 | Enterprise Value 74.8 M | Enterprise Value Ebitda (154.89) | Price Sales 1000 K |
Minbos Resources Valuation on May 29, 2024
It is possible to determine the worth of Minbos Resources on a given historical date. On May 29, 2024 Minbos was worth 0.054 at the beginning of the trading date compared to the closed value of 0.054. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Minbos Resources stock. Still, in general, we apply an absolute valuation method to find Minbos 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 Minbos Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Minbos Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.06 | 0.05 | 0.05 | 131,771 | |
05/29/2024 | 0.05 | 0.05 | 0.05 | 0.05 | 204,749 |
| 0.05 | 0.06 | 0.05 | 0.06 | 832,154 |
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Minbos Resources Trading Date Momentum on May 29, 2024
| On May 30 2024 Minbos Resources was traded for 0.06 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.05 . The daily volume was recorded at 832.2 K. The volume of trading on 30th of May 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.70% . The trading delta at closing time to the closing price today is 7.41% . |
Minbos Resources Fundamentals Correlations and Trends
By evaluating Minbos 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 Minbos Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Minbos financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Minbos Resources Stock history
Minbos 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 Minbos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Minbos 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 Minbos Resources stock prices may prove useful in developing a viable investing in Minbos Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 784.6 M | 823.8 M | |
| Net Loss | -2.6 M | -2.8 M |
Minbos Resources Quarterly Net Working Capital |
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Minbos Resources Stock Technical Analysis
Minbos 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
Minbos Resources Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Minbos 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.
Minbos Resources December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Minbos 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 Minbos Resources shares will generate the highest return on investment. By undertsting and applying Minbos Resources stock market strength indicators, traders can identify Minbos Resources entry and exit signals to maximize returns
Minbos Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Minbos Resources' price direction in advance. Along with the technical and fundamental analysis of Minbos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Minbos 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 | 0.0815 | |||
| Jensen Alpha | 0.7571 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0991 | |||
| Treynor Ratio | (0.55) |
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Additional Tools for Minbos Stock Analysis
When running Minbos Resources' price analysis, check to measure Minbos 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 Minbos Resources is operating at the current time. Most of Minbos Resources' value examination focuses on studying past and present price action to predict the probability of Minbos Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minbos Resources' price. Additionally, you may evaluate how the addition of Minbos Resources to your portfolios can decrease your overall portfolio volatility.