Rand Mining (Australia) Price on November 14, 2024
| RND Stock | 1.48 0.03 2.07% |
Below is the normalized historical share price chart for Rand Mining extending back to January 29, 1988. 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 Rand Mining stands at 1.48, as last reported on the 6th of January, with the highest price reaching 1.48 and the lowest price hitting 1.48 during the day.
If you're considering investing in Rand Stock, it is important to understand the factors that can impact its price. Rand Mining maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Rand Mining exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rand Mining's Coefficient Of Variation of (1,419), variance of 6.87, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
At this time, Rand Mining's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 125.9 M in 2025, despite the fact that Other Stockholder Equity is likely to grow to (83.5 M). . Rand Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.6274 | 50 Day MA 1.7515 | Beta 0.204 |
Rand |
Sharpe Ratio = -0.1259
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rand Mining is not performing at its full potential. However, 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 Rand Mining by adding Rand Mining to a well-diversified portfolio.
Price Book 0.8531 | Book Value 1.735 | Enterprise Value 82 M | Enterprise Value Ebitda 6.159 | Price Sales 2.4216 |
Rand Mining Valuation on November 14, 2024
It is possible to determine the worth of Rand Mining on a given historical date. On November 14, 2024 Rand was worth 1.99 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rand Mining stock. Still, in general, we apply an absolute valuation method to find Rand Mining'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 Rand Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rand Mining's related companies.
| Open | High | Low | Close | Volume | |
| 2.01 | 2.01 | 1.95 | 1.96 | 23,760 | |
11/14/2024 | 1.99 | 1.99 | 1.95 | 1.99 | 14,530 |
| 2.05 | 2.08 | 1.97 | 2.05 | 71,278 |
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Rand Mining Trading Date Momentum on November 14, 2024
| On November 15 2024 Rand Mining was traded for 2.05 at the closing time. The maximum traded price for the trading interval was 2.08 and the lowest daily price was 1.97 . The daily volume was recorded at 71.3 K. The volume of trading on 15th of November 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.02% . The trading delta at closing time to the closing price today is 6.03% . |
Rand Mining Fundamentals Correlations and Trends
By evaluating Rand Mining'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 Rand Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rand financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rand Mining Stock history
Rand Mining 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 Rand is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rand 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 Rand Mining stock prices may prove useful in developing a viable investing in Rand Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.4 M | 50.2 M | |
| Net Income Applicable To Common Shares | 9.5 M | 10.1 M |
Rand Mining Quarterly Net Working Capital |
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Rand Mining Stock Technical Analysis
Rand Mining 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
Rand Mining Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Rand 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.
Rand Mining January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Rand Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rand Mining shares will generate the highest return on investment. By undertsting and applying Rand Mining stock market strength indicators, traders can identify Rand Mining entry and exit signals to maximize returns
Rand Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rand Mining's price direction in advance. Along with the technical and fundamental analysis of Rand Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rand 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 | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.4505 |
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Additional Tools for Rand Stock Analysis
When running Rand Mining's price analysis, check to measure Rand Mining'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 Rand Mining is operating at the current time. Most of Rand Mining's value examination focuses on studying past and present price action to predict the probability of Rand Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rand Mining's price. Additionally, you may evaluate how the addition of Rand Mining to your portfolios can decrease your overall portfolio volatility.