Stelar Metals (Australia) Price on August 22, 2024

SLB Stock   0.07  0  2.78%   
If you're considering investing in Stelar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Stelar Metals stands at 0.07, as last reported on the 22nd of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. Stelar Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0361, which indicates the firm had a -0.0361% return per unit of risk over the last 3 months. Stelar Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stelar Metals' Coefficient Of Variation of (2,770), risk adjusted performance of (0.02), and Variance of 9.91 to confirm the risk estimate we provide.
  
At this time, Stelar Metals' Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is expected to grow at the current pace this year, whereas Common Stock is likely to drop slightly above 7.8 M in 2024. . Stelar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0361

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Estimated Market Risk

 3.15
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.11
  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 Stelar Metals 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 Stelar Metals by adding Stelar Metals to a well-diversified portfolio.
Price Book
0.4876
Book Value
0.144
Enterprise Value
770.6 K
Enterprise Value Ebitda
(6.81)
Price Sales
90.912

Stelar Metals Valuation on August 22, 2024

It is possible to determine the worth of Stelar Metals on a given historical date. On August 22, 2024 Stelar was worth 0.086 at the beginning of the trading date compared to the closed value of 0.084. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stelar Metals stock. Still, in general, we apply an absolute valuation method to find Stelar Metals' 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 Stelar Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stelar Metals' related companies.
 Open High Low Close Volume
  0.09    0.09    0.09    0.09    101,676  
08/22/2024
  0.09    0.09    0.08    0.08    50,334  
  0.08    0.08    0.08    0.08    238,949  
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Open Value
0.086
0.0008
Downside
0.084
Closing Value
9.53
Upside

Stelar Metals Trading Date Momentum on August 22, 2024

On August 23 2024 Stelar Metals was traded for  0.08  at the closing time. The maximum traded price for the trading interval was 0.08  and the lowest daily price was  0.08 . The daily volume was recorded at 238.9 K. The volume of trading on 23rd of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.19% . The trading price change to the closing price today is 9.52% .

Stelar Metals Fundamentals Correlations and Trends

By evaluating Stelar Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stelar Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stelar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Stelar Metals Stock history

Stelar Metals 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 Stelar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stelar Metals 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 Stelar Metals stock prices may prove useful in developing a viable investing in Stelar Metals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58 M60.9 M
Net Loss-854.9 K-897.6 K

Stelar Metals Stock Technical Analysis

Stelar Metals 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 Stelar Metals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Stelar Metals 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

Stelar Metals Period Price Range

Low
December 22, 2024
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High

 0.00 

     

 0.00 

Stelar Metals 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.

Stelar Metals December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Stelar Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stelar Metals shares will generate the highest return on investment. By undertsting and applying Stelar Metals stock market strength indicators, traders can identify Stelar Metals entry and exit signals to maximize returns

Stelar Metals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Stelar Metals' price direction in advance. Along with the technical and fundamental analysis of Stelar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stelar 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.

Additional Tools for Stelar Stock Analysis

When running Stelar Metals' price analysis, check to measure Stelar Metals' 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 Stelar Metals is operating at the current time. Most of Stelar Metals' value examination focuses on studying past and present price action to predict the probability of Stelar Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stelar Metals' price. Additionally, you may evaluate how the addition of Stelar Metals to your portfolios can decrease your overall portfolio volatility.