Apex Mining (Philippines) Price on November 14, 2024
APX Stock | 3.58 0.03 0.85% |
If you're considering investing in Apex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Apex Mining stands at 3.58, as last reported on the 29th of November, with the highest price reaching 3.65 and the lowest price hitting 3.49 during the day. Apex Mining secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. Apex Mining Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apex Mining's mean deviation of 1.43, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
Apex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Apex |
Sharpe Ratio = -0.1015
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Apex 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 Apex Mining by adding Apex Mining to a well-diversified portfolio.
Apex Mining Valuation on November 14, 2024
It is possible to determine the worth of Apex Mining on a given historical date. On November 14, 2024 Apex was worth 3.59 at the beginning of the trading date compared to the closed value of 3.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Apex Mining stock. Still, in general, we apply an absolute valuation method to find Apex 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 Apex Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Apex Mining's related companies.
Open | High | Low | Close | Volume | |
3.68 | 3.69 | 3.51 | 3.61 | 3,688,000 | |
11/14/2024 | 3.59 | 3.59 | 3.39 | 3.50 | 5,537,000 |
3.46 | 3.59 | 3.46 | 3.49 | 2,706,000 |
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Apex Mining Trading Date Momentum on November 14, 2024
On November 15 2024 Apex Mining Co was traded for 3.49 at the closing time. The highest price during the trading period was 3.59 and the lowest recorded bid was listed for 3.46 . The volume for the day was 2.7 M. This history from November 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.29% . The overall trading delta to the current price is 4.29% . |
Apex Mining Fundamentals Correlations and Trends
By evaluating Apex 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 Apex Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Apex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Apex Mining Stock history
Apex 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 Apex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Apex 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 Apex Mining stock prices may prove useful in developing a viable investing in Apex Mining
Apex Mining Stock Technical Analysis
Apex 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.
Price Boundaries
Apex Mining Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Apex Mining Co cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
Apex Mining November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Apex 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 Apex Mining shares will generate the highest return on investment. By undertsting and applying Apex Mining stock market strength indicators, traders can identify Apex Mining Co entry and exit signals to maximize returns
Apex Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Apex Mining's price direction in advance. Along with the technical and fundamental analysis of Apex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Apex 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 | (0.08) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 0.3169 |
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Volume Indicators |
Complementary Tools for Apex Stock analysis
When running Apex Mining's price analysis, check to measure Apex 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 Apex Mining is operating at the current time. Most of Apex Mining's value examination focuses on studying past and present price action to predict the probability of Apex 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 Apex Mining's price. Additionally, you may evaluate how the addition of Apex Mining to your portfolios can decrease your overall portfolio volatility.
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