Albion Resources (Australia) Price on November 22, 2024
| ALB Stock | 0.04 0 2.17% |
If you're considering investing in Albion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Albion Resources stands at 0.04, as last reported on the 12th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Currently, Albion Resources Limited is out of control. Albion Resources secures Sharpe Ratio (or Efficiency) of 0.0642, which signifies that the company had a 0.0642% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Albion Resources Limited, which you can use to evaluate the volatility of the firm. Please confirm Albion Resources' risk adjusted performance of 0.0264, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Albion Resources' Common Stock is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 1.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 2.1 M in 2024. . Albion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Albion |
Sharpe Ratio = 0.0642
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Albion 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 Albion Resources by adding it to a well-diversified portfolio.
Price Book 1.386 | Book Value 0.041 | Enterprise Value 274.3 K | Enterprise Value Ebitda (1.75) | Price Sales 29.0119 |
Albion Resources Valuation on November 22, 2024
It is possible to determine the worth of Albion Resources on a given historical date. On November 22, 2024 Albion was worth 0.044 at the beginning of the trading date compared to the closed value of 0.044. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albion Resources stock. Still, in general, we apply an absolute valuation method to find Albion 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 Albion Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albion Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
11/22/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 69,999 |
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Albion Resources Trading Date Momentum on November 22, 2024
| On November 25 2024 Albion Resources Limited was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 70 K. The volume of trading on 25th of November 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.27% . The overall trading delta to the closing price today is 4.55% . |
Albion Resources Fundamentals Correlations and Trends
By evaluating Albion 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 Albion Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Albion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Albion Resources Stock history
Albion 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 Albion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Albion 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 Albion Resources stock prices may prove useful in developing a viable investing in Albion Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.3 M | 51.8 M | |
| Net Loss | -719.2 K | -755.1 K |
Albion Resources Quarterly Net Working Capital |
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Albion Resources Stock Technical Analysis
Albion 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
Albion Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Albion Resources Limited 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.
Albion Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Albion 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 Albion Resources shares will generate the highest return on investment. By undertsting and applying Albion Resources stock market strength indicators, traders can identify Albion Resources Limited entry and exit signals to maximize returns
Albion Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Albion Resources' price direction in advance. Along with the technical and fundamental analysis of Albion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Albion 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 | 0.0264 | |||
| Jensen Alpha | 0.0782 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.70) |
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Additional Tools for Albion Stock Analysis
When running Albion Resources' price analysis, check to measure Albion 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 Albion Resources is operating at the current time. Most of Albion Resources' value examination focuses on studying past and present price action to predict the probability of Albion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albion Resources' price. Additionally, you may evaluate how the addition of Albion Resources to your portfolios can decrease your overall portfolio volatility.