Akora Resources (Australia) Price on December 4, 2024
| AKO Stock | 0.11 0.01 8.33% |
If you're considering investing in Akora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akora Resources stands at 0.11, as last reported on the 12th of December 2024, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. Akora Resources appears to be out of control, given 3 months investment horizon. Akora Resources secures Sharpe Ratio (or Efficiency) of 0.0669, which signifies that the company had a 0.0669% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Akora Resources, which you can use to evaluate the volatility of the firm. Please makes use of Akora Resources' Mean Deviation of 3.18, risk adjusted performance of 0.0583, and Downside Deviation of 7.66 to double-check if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 7.1 M in 2024. Common Stock Shares Outstanding is likely to drop to about 68.3 M in 2024. Akora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akora |
Sharpe Ratio = 0.0669
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Estimated Market Risk
| 5.73 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Akora Resources is performing at about 5% of its full potential. 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 Akora Resources by adding it to a well-diversified portfolio.
Price Book 0.9952 | Book Value 0.115 | Enterprise Value 10.8 M | Enterprise Value Ebitda (8.30) | Price Sales 678.8008 |
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Akora Resources Valuation on December 4, 2024
It is possible to determine the worth of Akora Resources on a given historical date. On December 4, 2024 Akora was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akora Resources stock. Still, in general, we apply an absolute valuation method to find Akora 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 Akora Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akora Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.11 | 0.11 | 0.11 | 0.11 | 2,592 | |
12/04/2024 | 0.12 | 0.12 | 0.12 | 0.12 | 140.00 |
| 0.12 | 0.12 | 0.12 | 0.12 | 134,979 |
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Akora Resources Trading Date Momentum on December 4, 2024
| On December 05 2024 Akora Resources was traded for 0.12 at the closing time. The maximum traded price for the trading interval was 0.12 and the lowest daily price was 0.12 . The daily volume was recorded at 135 K. The volume of trading on 5th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 8.33% . |
Akora Resources Fundamentals Correlations and Trends
By evaluating Akora 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 Akora Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akora Resources Stock history
Akora 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 Akora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akora 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 Akora Resources stock prices may prove useful in developing a viable investing in Akora Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.3 M | 68.3 M | |
| Net Loss | -1.4 M | -1.4 M |
Akora Resources Quarterly Net Working Capital |
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Akora Resources Stock Technical Analysis
Akora 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
Akora Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Akora Resources 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.
Akora Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Akora 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 Akora Resources shares will generate the highest return on investment. By undertsting and applying Akora Resources stock market strength indicators, traders can identify Akora Resources entry and exit signals to maximize returns
Akora Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akora Resources' price direction in advance. Along with the technical and fundamental analysis of Akora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akora 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 | 0.0583 | |||
| Jensen Alpha | 0.412 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0347 | |||
| Treynor Ratio | (1.38) |
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| Volume Indicators |
Additional Tools for Akora Stock Analysis
When running Akora Resources' price analysis, check to measure Akora 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 Akora Resources is operating at the current time. Most of Akora Resources' value examination focuses on studying past and present price action to predict the probability of Akora Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akora Resources' price. Additionally, you may evaluate how the addition of Akora Resources to your portfolios can decrease your overall portfolio volatility.