Sandfire Resources (Germany) Price on February 19, 2024
S2Z Stock | EUR 5.65 0.00 0.00% |
If you're considering investing in Sandfire Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sandfire Resources stands at 5.65, as last reported on the 29th of December, with the highest price reaching 5.65 and the lowest price hitting 5.65 during the day. Sandfire Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Sandfire Resources Limited exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sandfire Resources' Risk Adjusted Performance of (0.02), variance of 3.87, and Coefficient Of Variation of (2,735) to confirm the risk estimate we provide.
Sandfire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sandfire |
Sharpe Ratio = -0.1206
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | S2Z |
Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sandfire Resources 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 Sandfire Resources by adding Sandfire Resources to a well-diversified portfolio.
Sandfire Resources Valuation on February 19, 2024
It is possible to determine the worth of Sandfire Resources on a given historical date. On February 19, 2024 Sandfire was worth 4.37 at the beginning of the trading date compared to the closed value of 4.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sandfire Resources stock. Still, in general, we apply an absolute valuation method to find Sandfire 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 Sandfire Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sandfire Resources' related companies.
Open | High | Low | Close | Volume | |
4.26 | 4.26 | 4.26 | 4.26 | 10.00 | |
02/19/2024 | 4.37 | 4.37 | 4.37 | 4.37 | 1.00 |
4.36 | 4.36 | 4.36 | 4.36 | 1.00 |
Backtest Sandfire Resources | | | Sandfire Resources History | | | Sandfire Resources Valuation | Previous | Next |
Sandfire Resources Trading Date Momentum on February 19, 2024
On February 20 2024 Sandfire Resources Limited was traded for 4.36 at the closing time. The highest daily price throughout the period was 4.36 and the lowest price was 4.36 . There was no trading activity during the period 1.0. Lack of trading volume on 02/20/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.23% . The trading price change to current closing price is 2.29% . |
Sandfire Resources Fundamentals Correlations and Trends
By evaluating Sandfire 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 Sandfire Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sandfire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sandfire Resources Stock history
Sandfire 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 Sandfire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sandfire 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 Sandfire Resources stock prices may prove useful in developing a viable investing in Sandfire Resources
Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. Sandfire Resources NL was incorporated in 2003 and is based in West Perth, Australia. SANDFIRE RESOURCES operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange.
Sandfire Resources Stock Technical Analysis
Sandfire 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
Sandfire Resources Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sandfire 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.
Sandfire Resources December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sandfire 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 Sandfire Resources shares will generate the highest return on investment. By undertsting and applying Sandfire Resources stock market strength indicators, traders can identify Sandfire Resources Limited entry and exit signals to maximize returns
Sandfire Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sandfire Resources' price direction in advance. Along with the technical and fundamental analysis of Sandfire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sandfire 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | (1.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Sandfire Stock analysis
When running Sandfire Resources' price analysis, check to measure Sandfire 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 Sandfire Resources is operating at the current time. Most of Sandfire Resources' value examination focuses on studying past and present price action to predict the probability of Sandfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandfire Resources' price. Additionally, you may evaluate how the addition of Sandfire Resources to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |