Outback Goldfields Corp Stock Price on October 11, 2024

OZ Stock   0.33  0.05  17.86%   
Below is the normalized historical share price chart for Outback Goldfields Corp extending back to August 08, 2019. 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 Outback Goldfields stands at 0.33, as last reported on the 23rd of December, with the highest price reaching 0.33 and the lowest price hitting 0.28 during the day.
200 Day MA
0.3205
50 Day MA
0.36
Beta
2.04
 
Covid
If you're considering investing in Outback Stock, it is important to understand the factors that can impact its price. Outback Goldfields appears to be out of control, given 3 months investment horizon. Outback Goldfields Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0557, which implies the firm had a 0.0557% return per unit of risk over the last 3 months. We have found thirty technical indicators for Outback Goldfields Corp, which you can use to evaluate the volatility of the company. Please evaluate Outback Goldfields' Coefficient Of Variation of 1823.77, semi deviation of 5.12, and Risk Adjusted Performance of 0.0524 to confirm if our risk estimates are consistent with your expectations.
  
Common Stock is likely to climb to about 37.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 13.2 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.02 in 2024, whereas Price Earnings Ratio is likely to drop (2.28) in 2024. Outback Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0557

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Estimated Market Risk

 7.91
  actual daily
70
70% of assets are less volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Outback Goldfields 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 Outback Goldfields by adding it to a well-diversified portfolio.
Price Book
0.5472
Book Value
2.842
Enterprise Value
10.4 M
Enterprise Value Ebitda
(0.84)
Shares Float
3.2 M

Outback Goldfields Valuation on October 11, 2024

It is possible to determine the worth of Outback Goldfields on a given historical date. On October 11, 2024 Outback was worth 0.39 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Outback Goldfields stock. Still, in general, we apply an absolute valuation method to find Outback Goldfields' 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 Outback Goldfields where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Outback Goldfields' related companies.
 Open High Low Close Volume
  0.40    0.40    0.40    0.40    83,800  
10/11/2024
  0.39    0.40    0.36    0.40    66,520  
  0.40    0.40    0.40    0.40    5,358  
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Open Value
0.39
0.4
Closing Value
24.13
Upside

Outback Goldfields Trading Date Momentum on October 11, 2024

On October 15 2024 Outback Goldfields Corp was traded for  0.40  at the closing time. The top price for the day was 0.40  and the lowest listed price was  0.40 . The trading volume for the day was 5.4 K. The trading history from October 15, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.50% .

Outback Goldfields Corp Fundamentals Correlations and Trends

By evaluating Outback Goldfields' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Outback Goldfields' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Outback financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Outback Goldfields Stock history

Outback Goldfields 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 Outback is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Outback Goldfields Corp 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 Outback Goldfields stock prices may prove useful in developing a viable investing in Outback Goldfields
Last ReportedProjected for Next Year
Common Stock Shares Outstanding67.1 M35.3 M
Net Loss-2.5 M-2.3 M

Outback Goldfields Quarterly Net Working Capital

414,784

Outback Goldfields Stock Technical Analysis

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

Outback Goldfields Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Outback Goldfields Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Outback Goldfields December 23, 2024 Market Strength

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

Outback Goldfields Technical and Predictive Indicators

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

Additional Tools for Outback Stock Analysis

When running Outback Goldfields' price analysis, check to measure Outback Goldfields' 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 Outback Goldfields is operating at the current time. Most of Outback Goldfields' value examination focuses on studying past and present price action to predict the probability of Outback Goldfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outback Goldfields' price. Additionally, you may evaluate how the addition of Outback Goldfields to your portfolios can decrease your overall portfolio volatility.