Alvo Minerals (Australia) Price on May 8, 2024
| ALV Stock | 0.04 0.01 13.46% |
If you're considering investing in Alvo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alvo Minerals stands at 0.04, as last reported on the 20th of January, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Alvo Minerals secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15 % return per unit of risk over the last 3 months. Alvo Minerals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alvo Minerals' Mean Deviation of 3.93, risk adjusted performance of (0.14), and Standard Deviation of 6.5 to double-check the risk estimate we provide.
At this time, Alvo Minerals' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.2 M in 2025, whereas Common Stock is likely to drop slightly above 10.3 M in 2025. . Alvo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alvo |
Sharpe Ratio = -0.1549
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Estimated Market Risk
| 6.56 actual daily | 58 58% of assets are less volatile |
Expected Return
| -1.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alvo Minerals 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 Alvo Minerals by adding Alvo Minerals to a well-diversified portfolio.
Price Book 1.4104 | Book Value 0.032 | Enterprise Value 1.9 M | Enterprise Value Ebitda (0.77) | Price Sales 201.5262 |
Alvo Minerals Valuation on May 8, 2024
It is possible to determine the worth of Alvo Minerals on a given historical date. On May 8, 2024 Alvo was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alvo Minerals stock. Still, in general, we apply an absolute valuation method to find Alvo Minerals' 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 Alvo Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alvo Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.14 | 0.14 | 0.14 | 20,000 | |
05/08/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 152,008 |
| 0.14 | 0.14 | 0.14 | 0.14 | 1.00 |
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Alvo Minerals Trading Date Momentum on May 8, 2024
| On May 09 2024 Alvo Minerals was traded for 0.14 at the closing time. The maximum traded price for the trading interval was 0.14 and the lowest daily price was 0.14 . There was no trading activity during the period 1.0. Lack of trading volume on 9th of May 2024 did not affect price variability. The overall trading delta to the closing price today is 14.29% . |
Alvo Minerals Fundamentals Correlations and Trends
By evaluating Alvo Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alvo Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alvo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alvo Minerals Stock history
Alvo Minerals 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 Alvo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alvo Minerals 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 Alvo Minerals stock prices may prove useful in developing a viable investing in Alvo Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.8 M | 82.8 M | |
| Net Loss | -5.4 M | -5.1 M |
Alvo Minerals Stock Technical Analysis
Alvo Minerals 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
Alvo Minerals Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Alvo Minerals 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.
Alvo Minerals January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Alvo Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alvo Minerals shares will generate the highest return on investment. By undertsting and applying Alvo Minerals stock market strength indicators, traders can identify Alvo Minerals entry and exit signals to maximize returns
Alvo Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alvo Minerals' price direction in advance. Along with the technical and fundamental analysis of Alvo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alvo 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 | (0.14) | |||
| Jensen Alpha | (1.12) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | 1.02 |
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Additional Tools for Alvo Stock Analysis
When running Alvo Minerals' price analysis, check to measure Alvo Minerals' 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 Alvo Minerals is operating at the current time. Most of Alvo Minerals' value examination focuses on studying past and present price action to predict the probability of Alvo Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alvo Minerals' price. Additionally, you may evaluate how the addition of Alvo Minerals to your portfolios can decrease your overall portfolio volatility.