Alderan Resources (Australia) Price History

AL8 Stock   0.02  0  16.67%   
Below is the normalized historical share price chart for Alderan Resources extending back to June 09, 2017. 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 Alderan Resources stands at 0.02, as last reported on the 21st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
200 Day MA
0.0347
50 Day MA
0.0299
Beta
1.084
 
Covid
If you're considering investing in Alderan Stock, it is important to understand the factors that can impact its price. Alderan Resources secures Sharpe Ratio (or Efficiency) of -0.019, which signifies that the company had a -0.019% return per unit of standard deviation over the last 3 months. Alderan Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alderan Resources' risk adjusted performance of (0.01), and Mean Deviation of 5.18 to double-check the risk estimate we provide.
  
At this time, Alderan Resources' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 971.8 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 15.8 M in 2024. . Alderan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.019

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Estimated Market Risk

 9.62
  actual daily
85
85% of assets are less volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Alderan 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 Alderan Resources by adding Alderan Resources to a well-diversified portfolio.
Price Book
0.9898
Book Value
0.004
Enterprise Value
4.6 M
Enterprise Value Ebitda
(0.40)
Price Sales
135.7569

Alderan Resources Stock Price History Chart

There are several ways to analyze Alderan Stock price data. The simplest method is using a basic Alderan candlestick price chart, which shows Alderan Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 30, 20240.04
Lowest PriceDecember 19, 20240.02

Alderan Resources December 21, 2024 Stock Price Synopsis

Various analyses of Alderan Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Alderan Stock. It can be used to describe the percentage change in the price of Alderan Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Alderan Stock.
Alderan Resources Price Daily Balance Of Power(4.00)
Alderan Resources Accumulation Distribution 2,351 
Alderan Resources Price Rate Of Daily Change 0.83 

Alderan Resources December 21, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alderan Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Alderan Resources intraday prices and daily technical indicators to check the level of noise trading in Alderan Stock and then apply it to test your longer-term investment strategies against Alderan.

Alderan Stock Price History Data

The price series of Alderan Resources for the period between Sun, Sep 22, 2024 and Sat, Dec 21, 2024 has a statistical range of 0.02 with a coefficient of variation of 15.47. The prices are distributed with arithmetic mean of 0.03. The median price for the last 90 days is 0.03. The company had 1:10 stock split on 21st of November 2024.
OpenHighLowCloseVolume
12/20/2024 0.02  0.02  0.02  0.02  47,021 
12/19/2024 0.02  0.02  0.02  0.02  1,137,746 
12/18/2024 0.02  0.02  0.02  0.02  239,515 
12/17/2024 0.02  0.02  0.02  0.02  168,277 
12/16/2024 0.03  0.03  0.03  0.03  149,818 
12/13/2024 0.03  0.03  0.02  0.02  376,083 
12/12/2024 0.03  0.03  0.03  0.03  265,182 
12/11/2024 0.03  0.03  0.03  0.03  45,000 
12/10/2024 0.02  0.03  0.02  0.03  218,602 
12/09/2024 0.03  0.03  0.02  0.03  1,085,059 
12/06/2024 0.03  0.03  0.03  0.03  51,875 
12/05/2024 0.03  0.03  0.03  0.03  393,879 
12/04/2024 0.03  0.03  0.03  0.03  55,332 
12/03/2024 0.03  0.03  0.03  0.03  385,550 
12/02/2024 0.03  0.03  0.03  0.03  1.00 
11/29/2024 0.03  0.03  0.03  0.03  1.00 
11/28/2024 0.03  0.03  0.03  0.03  406,301 
11/27/2024 0.03  0.03  0.03  0.03  48,426 
11/26/2024 0.03  0.03  0.03  0.03  79,192 
11/25/2024 0.03  0.03  0.03  0.03  173,168 
11/22/2024 0.03  0.03  0.03  0.03  1.00 
11/21/2024 0.03  0.03  0.03  0.03  1.00 
11/20/2024 0.03  0.04  0.03  0.03  498,256 
11/19/2024 0.04  0.04  0.04  0.04  1.00 
11/18/2024 0.04  0.04  0.04  0.04  90,500 
11/15/2024 0.03  0.03  0.03  0.03  1.00 
11/14/2024 0.03  0.03  0.03  0.03  1.00 
11/13/2024 0.03  0.03  0.03  0.03  51,666 
11/12/2024 0.03  0.03  0.03  0.03  1.00 
11/11/2024 0.03  0.03  0.03  0.03  1.00 
11/08/2024 0.03  0.03  0.03  0.03  1.00 
11/07/2024 0.03  0.03  0.03  0.03  1,050 
11/06/2024 0.04  0.04  0.04  0.04  1.00 
11/05/2024 0.04  0.04  0.04  0.04  140,000 
11/04/2024 0.03  0.04  0.03  0.03  755,761 
11/01/2024 0.04  0.04  0.04  0.04  1.00 
10/31/2024 0.03  0.04  0.03  0.04  41,800 
10/30/2024 0.04  0.04  0.04  0.04  122,300 
10/29/2024 0.04  0.04  0.04  0.04  1,214,222 
10/28/2024 0.04  0.04  0.04  0.04  100,000 
10/25/2024 0.03  0.03  0.03  0.03  450,000 
10/24/2024 0.03  0.03  0.03  0.03  300,000 
10/23/2024 0.03  0.03  0.02  0.03  324,401 
10/22/2024 0.03  0.03  0.03  0.03  423,930 
10/21/2024 0.04  0.04  0.03  0.03  963,269 
10/18/2024 0.03  0.03  0.03  0.03  1,427,652 
10/17/2024 0.03  0.03  0.03  0.03  61,569 
10/16/2024 0.03  0.04  0.03  0.04  20,254 
10/15/2024 0.04  0.04  0.04  0.04  1.00 
10/14/2024 0.04  0.04  0.04  0.04  1.00 
10/11/2024 0.04  0.04  0.04  0.04  6,125 
10/10/2024 0.04  0.04  0.04  0.04  1.00 
10/09/2024 0.04  0.04  0.04  0.04  387,023 
10/08/2024 0.03  0.03  0.03  0.03  29,999 
10/07/2024 0.03  0.04  0.03  0.03  117,000 
10/04/2024 0.03  0.04  0.03  0.04  103,559 
10/03/2024 0.04  0.04  0.04  0.04  40,000 
10/02/2024 0.04  0.04  0.04  0.04  7,987 
10/01/2024 0.04  0.04  0.04  0.04  880,686 
09/30/2024 0.05  0.05  0.04  0.04  7,212,702 
09/27/2024 0.03  0.03  0.03  0.03  1.00 

About Alderan Resources Stock history

Alderan 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 Alderan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alderan 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 Alderan Resources stock prices may prove useful in developing a viable investing in Alderan Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding925.6 M971.8 M
Net Loss-2.2 M-2.3 M

Alderan Resources Stock Technical Analysis

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

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Alderan Resources Technical and Predictive Indicators

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

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