Sandfire Resources (Germany) Price on February 20, 2023

S2Z Stock  EUR 5.55  0.10  1.83%   
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 5.55, as last reported on the 23rd of December, with the highest price reaching 5.55 and the lowest price hitting 5.55 during the day. Sandfire Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0509, which indicates the firm had a -0.0509% return per unit of risk over the last 3 months. Sandfire Resources Limited exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sandfire Resources' Risk Adjusted Performance of 0.0298, coefficient of variation of 3389.89, and Semi Deviation of 1.9 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.

Sharpe Ratio = -0.0509

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Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  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 20, 2023

It is possible to determine the worth of Sandfire Resources on a given historical date. On February 20, 2023 Sandfire was worth 3.98 at the beginning of the trading date compared to the closed value of 3.99. 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
  3.94    3.94    3.94    3.94    5,519  
02/20/2023
  3.98    3.99    3.98    3.99    5,519  
  4.06    4.06    4.06    4.06    5,519  
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Open Value
3.98
3.99
Closing Value
9.91
Upside

Sandfire Resources Trading Date Momentum on February 20, 2023

On February 21 2023 Sandfire Resources Limited was traded for  4.06  at the closing time. The highest daily price throughout the period was 4.06  and the lowest price was  4.06 . The daily volume was 5.5 K. The net trading volume on 02/21/2023 added to the next day price rise. The trading price change to closing price of the next trading day was 1.75% . The trading price change to current closing price is 6.02% .

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.
A focus of Sandfire Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sandfire Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sandfire Resources Period Price Range

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December 23, 2024
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Sandfire Resources December 23, 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.

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.
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