Searchlight Resources Stock Price on September 14, 2023
If you're considering investing in Searchlight Stock, it is important to understand the factors that can impact its price. Searchlight Resources is out of control given 3 months investment horizon. Searchlight Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate fifteen different technical indicators, which can help you to evaluate if expected returns of 3.23% are justified by taking the suggested risk. Use Searchlight Resources Variance of 809.1, coefficient of variation of 881.78, and Risk Adjusted Performance of 0.1029 to evaluate company specific risk that cannot be diversified away.
Searchlight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Searchlight |
Sharpe Ratio = 0.1134
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Estimated Market Risk
| 28.44 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.23 actual daily | 64 64% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Searchlight Resources is performing at about 8% 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 Searchlight Resources by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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| TRX | TRON | |
| BNB | Binance Coin |
Price Boundaries
Searchlight Resources Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
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Searchlight Resources January 12, 2025 Market Strength
Market strength indicators help investors to evaluate how Searchlight 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 Searchlight Resources shares will generate the highest return on investment. By undertsting and applying Searchlight Resources stock market strength indicators, traders can identify Searchlight Resources entry and exit signals to maximize returns
Searchlight Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Searchlight Resources' price direction in advance. Along with the technical and fundamental analysis of Searchlight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Searchlight 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 | 0.1029 | |||
| Jensen Alpha | 3.39 | |||
| Total Risk Alpha | 3.62 | |||
| Treynor Ratio | 0.2124 |
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Additional Tools for Searchlight Stock Analysis
When running Searchlight Resources' price analysis, check to measure Searchlight 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 Searchlight Resources is operating at the current time. Most of Searchlight Resources' value examination focuses on studying past and present price action to predict the probability of Searchlight Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Searchlight Resources' price. Additionally, you may evaluate how the addition of Searchlight Resources to your portfolios can decrease your overall portfolio volatility.