Sandfire Resources (Australia) Price on October 5, 2023
| SFR Stock | 9.45 0.22 2.38% |
Below is the normalized historical share price chart for Sandfire Resources NL extending back to March 03, 2004. 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 Sandfire Resources stands at 9.45, as last reported on the 24th of December, with the highest price reaching 9.46 and the lowest price hitting 9.24 during the day.
If you're considering investing in Sandfire Stock, it is important to understand the factors that can impact its price. Sandfire Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.045, which indicates the firm had a -0.045% return per unit of risk over the last 3 months. Sandfire Resources NL exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sandfire Resources' Semi Deviation of 1.7, risk adjusted performance of 0.028, and Coefficient Of Variation of 3574.93 to confirm the risk estimate we provide.
At this time, Sandfire Resources' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 438.4 M in 2024, whereas Sale Purchase Of Stock is likely to drop (2.7 M) in 2024. . Sandfire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.3824 | 50 Day MA 10.2982 | Beta 1.498 |
Sandfire |
Sharpe Ratio = -0.045
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| Negative Returns | SFR |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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.
Price Book 1.6095 | Enterprise Value Ebitda 8.6218 | Price Sales 4.6838 | Shares Float 450.8 M | Wall Street Target Price 10.5037 |
Sandfire Resources Valuation on October 5, 2023
It is possible to determine the worth of Sandfire Resources on a given historical date. On October 5, 2023 Sandfire was worth 5.94 at the beginning of the trading date compared to the closed value of 6.02. 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 | |
| 5.97 | 6.05 | 5.94 | 6.02 | 1,270,383 | |
10/05/2023 | 5.94 | 6.02 | 5.89 | 6.02 | 1,295,471 |
| 6.06 | 6.09 | 5.93 | 5.98 | 1,279,265 |
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Sandfire Resources Trading Date Momentum on October 5, 2023
| On October 06 2023 Sandfire Resources NL was traded for 5.98 at the closing time. The maximum traded price for the trading interval was 6.09 and the lowest daily price was 5.93 . The daily volume was recorded at 1.3 M. The volume of trading on 6th of October 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.66% . The trading price change to the closing price today is 1.33% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 457 M | 435.7 M | |
| Net Loss | -46.4 M | -44.1 M |
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 24, 2024
| High |
0.00 | 0.00 |
Sandfire Resources NL 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.
Sandfire Resources December 24, 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 NL 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 | 0.028 | |||
| Jensen Alpha | 0.0404 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0116 | |||
| Treynor Ratio | 0.2977 |
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Additional 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.