Outback Goldfields Corp Stock Price on October 22, 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.
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.
200 Day MA 0.3205 | 50 Day MA 0.36 | Beta 2.04 |
Outback |
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 22, 2024
It is possible to determine the worth of Outback Goldfields on a given historical date. On October 22, 2024 Outback was worth 0.32 at the beginning of the trading date compared to the closed value of 0.34. 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 | |
| 0.39 | 0.40 | 0.39 | 0.39 | 30,027 | |
10/22/2024 | 0.32 | 0.38 | 0.32 | 0.34 | 324,063 |
| 0.35 | 0.39 | 0.35 | 0.39 | 18,000 |
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Outback Goldfields Trading Date Momentum on October 22, 2024
| On October 23 2024 Outback Goldfields Corp was traded for 0.39 at the closing time. The top price for the day was 0.39 and the lowest listed price was 0.35 . The trading volume for the day was 18 K. The trading history from October 23, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 14.71% . The trading delta at closing time against the current closing price is 2.94% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 67.1 M | 35.3 M | |
| Net Loss | -2.5 M | -2.3 M |
Outback Goldfields Quarterly Net Working Capital |
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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.
Price Boundaries
Outback Goldfields Period Price Range
Low | December 23, 2024
| 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.
| Risk Adjusted Performance | 0.0524 | |||
| Jensen Alpha | 0.3872 | |||
| Total Risk Alpha | 0.1991 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.3081 |
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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.