Arafura Resources Stock Price on September 19, 2023
ARAFF Stock | USD 0.09 0.01 10.00% |
If you're considering investing in Arafura Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Arafura Resources stands at 0.09, as last reported on the 27th of November, with the highest price reaching 0.09 and the lowest price hitting 0.08 during the day. Arafura Resources secures Sharpe Ratio (or Efficiency) of -0.0186, which signifies that the company had a -0.0186% return per unit of standard deviation over the last 3 months. Arafura Resources exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arafura Resources' risk adjusted performance of 0.0236, and Mean Deviation of 4.79 to double-check the risk estimate we provide.
Arafura Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Arafura |
Sharpe Ratio = -0.0186
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Estimated Market Risk
7.78 actual daily | 69 69% of assets are less volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arafura Resources 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 Arafura Resources by adding Arafura Resources to a well-diversified portfolio.
Arafura Resources Valuation on September 19, 2023
It is possible to determine the worth of Arafura Resources on a given historical date. On September 19, 2023 Arafura was worth 0.18 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arafura Resources pink sheet. Still, in general, we apply an absolute valuation method to find Arafura 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 Arafura Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arafura Resources' related companies.
Open | High | Low | Close | Volume | |
0.17 | 0.18 | 0.17 | 0.18 | 24,500 | |
09/19/2023 | 0.18 | 0.18 | 0.16 | 0.16 | 7,300 |
0.17 | 0.17 | 0.17 | 0.17 | 6,600 |
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Arafura Resources Trading Date Momentum on September 19, 2023
On September 20 2023 Arafura Resources was traded for 0.17 at the closing time. The highest daily price throughout the period was 0.17 and the lowest price was 0.17 . The daily volume was 6.6 K. The net trading volume on 09/20/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 6.25% . The overall trading delta to current closing price is 0.00% . |
Arafura Resources Fundamentals Correlations and Trends
By evaluating Arafura 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 Arafura Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Arafura financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Arafura Resources Pink Sheet history
Arafura 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 Arafura is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arafura 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 Arafura Resources stock prices may prove useful in developing a viable investing in Arafura Resources
Arafura Rare Earths Limited explores for and develops mineral properties in Australia. Arafura Rare Earths Limited was incorporated in 1997 and is based in Perth, Australia. Arafura Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Arafura Resources Pink Sheet Technical Analysis
Arafura Resources technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Arafura Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Arafura Resources cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Arafura Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Arafura Resources pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Arafura Resources shares will generate the highest return on investment. By undertsting and applying Arafura Resources pink sheet market strength indicators, traders can identify Arafura Resources entry and exit signals to maximize returns
Arafura Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arafura Resources' price direction in advance. Along with the technical and fundamental analysis of Arafura Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arafura 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 | 0.0236 | |||
Jensen Alpha | 0.1366 | |||
Total Risk Alpha | (1.10) | |||
Sortino Ratio | 0.0014 | |||
Treynor Ratio | 6.78 |
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Complementary Tools for Arafura Pink Sheet analysis
When running Arafura Resources' price analysis, check to measure Arafura 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 Arafura Resources is operating at the current time. Most of Arafura Resources' value examination focuses on studying past and present price action to predict the probability of Arafura Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arafura Resources' price. Additionally, you may evaluate how the addition of Arafura Resources to your portfolios can decrease your overall portfolio volatility.
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