Aspire Mining (Australia) Price on March 7, 2023

AKM Stock   0.29  0.01  3.33%   
Below is the normalized historical share price chart for Aspire Mining extending back to February 06, 2007. 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 Aspire Mining stands at 0.29, as last reported on the 23rd of November, with the highest price reaching 0.31 and the lowest price hitting 0.29 during the day.
IPO Date
7th of February 2007
200 Day MA
0.2621
50 Day MA
0.2984
Beta
1.026
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Aspire Stock, it is important to understand the factors that can impact its price. Currently, Aspire Mining is out of control. Aspire Mining secures Sharpe Ratio (or Efficiency) of 0.0115, which signifies that the company had a 0.0115% return per unit of risk over the last 3 months. We have found thirty technical indicators for Aspire Mining, which you can use to evaluate the volatility of the firm. Please confirm Aspire Mining's Downside Deviation of 5.31, risk adjusted performance of 0.0258, and Mean Deviation of 3.46 to double-check if the risk estimate we provide is consistent with the expected return of 0.0535%.
  
At this time, Aspire Mining's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 613 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 45.4 M in 2024. . Aspire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0115

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Estimated Market Risk

 4.64
  actual daily
41
59% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aspire Mining 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 Aspire Mining by adding Aspire Mining to a well-diversified portfolio.
Price Book
3.4264
Book Value
0.088
Enterprise Value
131.3 M
Enterprise Value Ebitda
11.6196
Price Sales
1.9 K

Aspire Mining Valuation on March 7, 2023

It is possible to determine the worth of Aspire Mining on a given historical date. On March 7, 2023 Aspire was worth 0.057 at the beginning of the trading date compared to the closed value of 0.056. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aspire Mining stock. Still, in general, we apply an absolute valuation method to find Aspire Mining's 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 Aspire Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aspire Mining's related companies.
 Open High Low Close Volume
  0.06    0.06    0.06    0.06    35,000  
03/07/2023
  0.06    0.06    0.06    0.06    64,000  
  0.06    0.06    0.05    0.05    150,889  
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Open Value
0.057
0.0006
Downside
0.056
Closing Value
13.97
Upside

Aspire Mining Trading Date Momentum on March 7, 2023

On March 08 2023 Aspire Mining was traded for  0.05  at the closing time. The maximum traded price for the trading interval was 0.06  and the lowest daily price was  0.05 . The daily volume was recorded at 150.9 K. The volume of trading on 8th of March 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.57% . The overall trading delta to the closing price today is 5.36% .

Aspire Mining Fundamentals Correlations and Trends

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

About Aspire Mining Stock history

Aspire Mining 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 Aspire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aspire Mining 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 Aspire Mining stock prices may prove useful in developing a viable investing in Aspire Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding583.8 M613 M
Net Loss-640.7 K-672.8 K

Aspire Mining Quarterly Net Working Capital

28.84 Million

Aspire Mining Stock Technical Analysis

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

Aspire Mining Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aspire Mining 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.

Aspire Mining November 23, 2024 Market Strength

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

Aspire Mining Technical and Predictive Indicators

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

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