Ardiden Limited Stock Price on September 6, 2024

ARDDF Stock  USD 0.05  0.04  41.18%   
If you're considering investing in Ardiden Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ardiden stands at 0.05, as last reported on the 30th of November, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. Ardiden Limited secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Ardiden Limited exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ardiden's mean deviation of 1.23, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
Ardiden Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.126

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Estimated Market Risk

 5.19
  actual daily
46
54% of assets are more volatile

Expected Return

 -0.65
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ardiden 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 Ardiden by adding Ardiden to a well-diversified portfolio.

Ardiden Valuation on September 6, 2024

It is possible to determine the worth of Ardiden on a given historical date. On September 6, 2024 Ardiden was worth 0.085 at the beginning of the trading date compared to the closed value of 0.085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ardiden pink sheet. Still, in general, we apply an absolute valuation method to find Ardiden'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 Ardiden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ardiden's related companies.
 Open High Low Close Volume
  0.09    0.09    0.09    0.09    1.00  
09/06/2024
  0.09    0.09    0.09    0.09    1.00  
  0.09    0.09    0.09    0.09    1.00  
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Open Value
0.085
0.0009
Downside
0.085
Closing Value
15.65
Upside

Ardiden Trading Date Momentum on September 6, 2024

On September 09 2024 Ardiden Limited was traded for  0.09  at the closing time. The highest daily price throughout the period was 0.09  and the lowest price was  0.09 . There was no trading activity during the period 1.0. Lack of trading volume on 09/09/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Ardiden Limited Fundamentals Correlations and Trends

By evaluating Ardiden'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 Ardiden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ardiden financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ardiden Pink Sheet history

Ardiden 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 Ardiden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ardiden Limited 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 Ardiden stock prices may prove useful in developing a viable investing in Ardiden
Ardiden Limited engages in the exploration of mineral properties in Australia and Canada. Ardiden Limited was incorporated in 2004 and is based in West Perth, Australia. Ardiden operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Ardiden Pink Sheet Technical Analysis

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

Ardiden Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ardiden Limited 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.

Ardiden November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Ardiden 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 Ardiden shares will generate the highest return on investment. By undertsting and applying Ardiden pink sheet market strength indicators, traders can identify Ardiden Limited entry and exit signals to maximize returns

Ardiden Technical and Predictive Indicators

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

Complementary Tools for Ardiden Pink Sheet analysis

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