Anax Metals (Australia) Price on November 24, 2024

ANX Stock   0.01  0.0005  4.76%   
Below is the normalized historical share price chart for Anax Metals extending back to June 11, 2004. 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 Anax Metals stands at 0.01, as last reported on the 28th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
200 Day MA
0.0236
50 Day MA
0.0147
Beta
3.285
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Anax Stock, it is important to understand the factors that can impact its price. Anax Metals secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of standard deviation over the last 3 months. Anax Metals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anax Metals' risk adjusted performance of (0.13), and Mean Deviation of 4.0 to double-check the risk estimate we provide.
  
At this time, Anax Metals' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 45.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 11.6 M in 2024. . Anax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1839

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsANX

Estimated Market Risk

 5.42
  actual daily
48
52% of assets are more volatile

Expected Return

 -1.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Anax Metals 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 Anax Metals by adding Anax Metals to a well-diversified portfolio.
Price Book
0.4105
Book Value
0.032
Enterprise Value
7.8 M
Enterprise Value Ebitda
(11.82)
Price Sales
301.5173

Related Headline

Autosports Headline on 22nd of November 2024

Autosports Group Limited agreed to acquire B S Stillwell Motor Group Pty. Ltd. from from Stilwell family for AUD 55 million. Marketscreener.com

Anax Metals Valuation on November 24, 2024

It is possible to determine the worth of Anax Metals on a given historical date. On November 24, 2024 Anax was worth 0.011 at the beginning of the trading date compared to the closed value of 0.011. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anax Metals stock. Still, in general, we apply an absolute valuation method to find Anax Metals' 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 Anax Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anax Metals' related companies.
 Open High Low Close Volume
  0.01    0.01    0.01    0.01    50,029  
11/22/2024
  0.01    0.01    0.01    0.01    550,439  
  0.01    0.01    0.01    0.01    104,781  
Backtest Anax Metals  |  Anax Metals History  |  Anax Metals Valuation   PreviousNext  
Open Value
0.011
0.0001
Downside
0.011
Closing Value
16.28
Upside

Anax Metals Trading Date Momentum on November 24, 2024

On November 25 2024 Anax Metals was traded for  0.01  at the closing time. The maximum traded price for the trading interval was 0.01  and the lowest daily price was  0.01 . The daily volume was recorded at 104.8 K. The volume of trading on 25th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 9.09% . The overall trading delta to the closing price today is 0.00% .

Anax Metals Fundamentals Correlations and Trends

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

About Anax Metals Stock history

Anax Metals 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 Anax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anax Metals 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 Anax Metals stock prices may prove useful in developing a viable investing in Anax Metals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding496.7 M521.6 M
Net Loss-3.3 M-3.1 M

Anax Metals Stock Technical Analysis

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

Anax Metals Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Anax Metals 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.

Anax Metals November 28, 2024 Market Strength

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

Anax Metals Technical and Predictive Indicators

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

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