Aris Mining Stock Price on February 14, 2024
| ARMN Stock | 3.79 0.30 7.33% |
Below is the normalized historical share price chart for Aris Mining extending back to January 14, 2005. 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 Aris Mining stands at 3.79, as last reported on the 29th of November, with the highest price reaching 3.91 and the lowest price hitting 3.79 during the day.
If you're considering investing in Aris Stock, it is important to understand the factors that can impact its price. Aris Mining secures Sharpe Ratio (or Efficiency) of -0.0439, which signifies that the company had a -0.0439% return per unit of risk over the last 3 months. Aris Mining exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aris Mining's Mean Deviation of 2.4, standard deviation of 3.08, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
At this time, Aris Mining's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 143.9 M, while Other Stockholder Equity is likely to drop about 142.3 M. . At this time, Aris Mining's Price Fair Value is very stable compared to the past year. Aris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 2007 | 200 Day MA 4.0834 | 50 Day MA 4.486 | Beta 1.609 |
Aris |
Sharpe Ratio = -0.0439
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| Negative Returns | ARMN |
Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aris 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 Aris Mining by adding Aris Mining to a well-diversified portfolio.
Price Book 0.8642 | Enterprise Value Ebitda 12.8591 | Price Sales 1.4427 | Shares Float 138.2 M | Earnings Share (0.03) |
Aris Mining Valuation on February 14, 2024
It is possible to determine the worth of Aris Mining on a given historical date. On February 14, 2024 Aris was worth 2.86 at the beginning of the trading date compared to the closed value of 2.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aris Mining stock. Still, in general, we apply an absolute valuation method to find Aris 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 Aris Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aris Mining's related companies.
| Open | High | Low | Close | Volume | |
| 3.00 | 3.00 | 2.84 | 2.85 | 83,800 | |
02/14/2024 | 2.86 | 2.92 | 2.82 | 2.87 | 33,000 |
| 2.98 | 3.01 | 2.90 | 2.95 | 109,800 |
| Backtest Aris Mining | | | Aris Mining History | | | Aris Mining Valuation | Previous | Next |
Aris Mining Trading Date Momentum on February 14, 2024
| On February 15 2024 Aris Mining was traded for 2.95 at the closing time. The top price for the day was 3.01 and the lowest listed price was 2.90 . The trading volume for the day was 109.8 K. The trading history from February 15, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 2.79% . The overall trading delta against the current closing price is 1.05% . |
Aris Mining Fundamentals Correlations and Trends
By evaluating Aris 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 Aris Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aris Mining Stock history
Aris 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 Aris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aris 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 Aris Mining stock prices may prove useful in developing a viable investing in Aris Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 137.1 M | 143.9 M | |
| Net Income Applicable To Common Shares | 715.3 K | 679.5 K |
Aris Mining Quarterly Net Working Capital |
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Aris Mining Stock Technical Analysis
Aris 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
Aris Mining Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Aris Mining cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Aris Mining November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aris 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 Aris Mining shares will generate the highest return on investment. By undertsting and applying Aris Mining stock market strength indicators, traders can identify Aris Mining entry and exit signals to maximize returns
Aris Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aris Mining's price direction in advance. Along with the technical and fundamental analysis of Aris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aris 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 | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.53) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aris Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aris Mining. If investors know Aris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aris Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.495 | Earnings Share (0.03) | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.157 | Return On Assets 0.0422 |
The market value of Aris Mining is measured differently than its book value, which is the value of Aris that is recorded on the company's balance sheet. Investors also form their own opinion of Aris Mining's value that differs from its market value or its book value, called intrinsic value, which is Aris Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aris Mining's market value can be influenced by many factors that don't directly affect Aris Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aris Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aris Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aris Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.