Merafe Resources (Germany) Price on October 21, 2024
| RZT Stock | EUR 0.07 0.01 6.25% |
If you're considering investing in Merafe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merafe Resources stands at 0.07, as last reported on the 14th of December 2024, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. At this point, Merafe Resources is out of control. Merafe Resources has Sharpe Ratio of 0.0166, which conveys that the firm had a 0.0166% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Merafe Resources, which you can use to evaluate the volatility of the firm. Please verify Merafe Resources' Mean Deviation of 3.36, risk adjusted performance of 0.0249, and Downside Deviation of 6.01 to check out if the risk estimate we provide is consistent with the expected return of 0.0835%.
Merafe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Merafe |
Sharpe Ratio = 0.0166
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Estimated Market Risk
| 5.03 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Merafe Resources is performing at about 1% 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 Merafe Resources by adding it to a well-diversified portfolio.
Merafe Resources Valuation on October 21, 2024
It is possible to determine the worth of Merafe Resources on a given historical date. On October 21, 2024 Merafe was worth 0.072 at the beginning of the trading date compared to the closed value of 0.083. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merafe Resources stock. Still, in general, we apply an absolute valuation method to find Merafe 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 Merafe Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merafe Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 41,111 | |
10/21/2024 | 0.07 | 0.08 | 0.07 | 0.08 | 50,000 |
| 0.07 | 0.08 | 0.07 | 0.08 | 20,000 |
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Merafe Resources Trading Date Momentum on October 21, 2024
| On October 22 2024 Merafe Resources Limited was traded for 0.08 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.07 . The daily volume was 20 K. The net trading volume on 10/22/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.01% . The trading delta at closing time to current closing price is 10.84% . |
Merafe Resources Fundamentals Correlations and Trends
By evaluating Merafe 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 Merafe Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merafe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Merafe Resources Stock history
Merafe 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 Merafe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merafe 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 Merafe Resources stock prices may prove useful in developing a viable investing in Merafe Resources
Merafe Resources Limited engages in the mining and beneficiation of chrome ore into ferrochrome. The company was founded in 1987 and is headquartered in Bryanston, South Africa. Merafe Resources operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7489 people.
Merafe Resources Stock Technical Analysis
Merafe 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
Merafe Resources Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Merafe Resources Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Merafe Resources December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Merafe 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 Merafe Resources shares will generate the highest return on investment. By undertsting and applying Merafe Resources stock market strength indicators, traders can identify Merafe Resources Limited entry and exit signals to maximize returns
Merafe Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merafe Resources' price direction in advance. Along with the technical and fundamental analysis of Merafe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merafe 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 | 0.0249 | |||
| Jensen Alpha | 0.1293 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | (0.36) |
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Complementary Tools for Merafe Stock analysis
When running Merafe Resources' price analysis, check to measure Merafe 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 Merafe Resources is operating at the current time. Most of Merafe Resources' value examination focuses on studying past and present price action to predict the probability of Merafe Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merafe Resources' price. Additionally, you may evaluate how the addition of Merafe Resources to your portfolios can decrease your overall portfolio volatility.
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