Red Mountain (Australia) Price on August 24, 2023
| RMX Stock | 0.01 0 11.11% |
Below is the normalized historical share price chart for Red Mountain Mining extending back to September 01, 2011. 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 Red Mountain stands at 0.01, as last reported on the 27th of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
If you're considering investing in Red Stock, it is important to understand the factors that can impact its price. Red Mountain appears to be out of control, given 3 months investment horizon. Red Mountain Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.0401, which implies the firm had a 0.0401% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Red Mountain Mining, which you can use to evaluate the volatility of the company. Please evaluate Red Mountain's Semi Deviation of 5.96, coefficient of variation of 2552.72, and Risk Adjusted Performance of 0.0401 to confirm if our risk estimates are consistent with your expectations.
At this time, Red Mountain's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 54.5 M in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (172.1 K). . Red Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0111 | 50 Day MA 0.0101 | Beta 0.484 |
Red |
Sharpe Ratio = 0.0401
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Estimated Market Risk
| 8.27 actual daily | 73 73% of assets are less volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Red Mountain is performing at about 3% 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 Red Mountain by adding it to a well-diversified portfolio.
Price Book 2.0396 | Book Value 0.007 | Enterprise Value 4.3 M | Enterprise Value Ebitda (1.07) | Price Sales 54.7539 |
Red Mountain Valuation on August 24, 2023
It is possible to determine the worth of Red Mountain on a given historical date. On August 24, 2023 Red was worth 0.035 at the beginning of the trading date compared to the closed value of 0.035. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red Mountain stock. Still, in general, we apply an absolute valuation method to find Red Mountain'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 Red Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red Mountain's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 10,217 | |
08/24/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 316,921 |
| 0.04 | 0.04 | 0.04 | 0.04 | 179,729 |
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Red Mountain Trading Date Momentum on August 24, 2023
| On August 25 2023 Red Mountain Mining was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 179.7 K. The volume of trading on 25th of August 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 12.57% . The trading delta at closing time to the closing price today is 0.29% . |
Red Mountain Mining Fundamentals Correlations and Trends
By evaluating Red Mountain'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 Red Mountain's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Red Mountain Stock history
Red Mountain 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 Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red Mountain Mining 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 Red Mountain stock prices may prove useful in developing a viable investing in Red Mountain
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.7 B | 2.9 B | |
| Net Loss | -4 M | -4.2 M |
Red Mountain Quarterly Net Working Capital |
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Red Mountain Stock Technical Analysis
Red Mountain 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
Red Mountain Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Red Mountain Mining 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.
Red Mountain December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Red Mountain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Mountain shares will generate the highest return on investment. By undertsting and applying Red Mountain stock market strength indicators, traders can identify Red Mountain Mining entry and exit signals to maximize returns
Red Mountain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Red Mountain's price direction in advance. Along with the technical and fundamental analysis of Red Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red 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 | 0.0401 | |||
| Jensen Alpha | 0.3527 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | (0.29) |
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Additional Tools for Red Stock Analysis
When running Red Mountain's price analysis, check to measure Red Mountain'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 Red Mountain is operating at the current time. Most of Red Mountain's value examination focuses on studying past and present price action to predict the probability of Red Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Mountain's price. Additionally, you may evaluate how the addition of Red Mountain to your portfolios can decrease your overall portfolio volatility.