Ardiden Limited Stock Analysis

Ardiden Pink Sheet Analysis Notes

About 13.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.61. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ardiden Limited had not issued any dividends in recent years. Ardiden Limited engages in the exploration of mineral properties in Australia and Canada. Ardiden Limited was incorporated in 2004 and is based in West Perth, Australia. Ardiden operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Ardiden Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Ardiden Limited please contact the company at 61 8 6184 5938 or go to https://www.ardiden.com.au.

Ardiden Limited Investment Alerts

Ardiden Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 13.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ardiden's market, we take the total number of its shares issued and multiply it by Ardiden's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ardiden Profitablity

The company has Profit Margin (PM) of 1575.72 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large.

Technical Drivers

As of the 13th of December 2024, Ardiden shows the mean deviation of 3.83, and Risk Adjusted Performance of (0.11). Ardiden Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Ardiden Limited standard deviation, as well as the relationship between the treynor ratio and kurtosis to decide if Ardiden Limited is priced correctly, providing market reflects its regular price of 0.0054 per share. As Ardiden Limited appears to be a penny stock we also recommend to validate its information ratio numbers.

Ardiden Limited Price Movement Analysis

Ardiden Predictive Daily Indicators

Ardiden Forecast Models

Ardiden's time-series forecasting models are one of many Ardiden's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ardiden's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Ardiden prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ardiden shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Ardiden. By using and applying Ardiden Pink Sheet analysis, traders can create a robust methodology for identifying Ardiden entry and exit points for their positions.

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