Andean Silver (Australia) Price on December 3, 2024
| ASL Stock | 1.02 0.06 5.56% |
If you're considering investing in Andean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Andean Silver stands at 1.02, as last reported on the 13th of December 2024, with the highest price reaching 1.10 and the lowest price hitting 1.00 during the day. Andean Silver Limited secures Sharpe Ratio (or Efficiency) of -0.0281, which signifies that the company had a -0.0281% return per unit of standard deviation over the last 3 months. Andean Silver Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Andean Silver's mean deviation of 3.3, and Risk Adjusted Performance of 0.0316 to double-check the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 3.4 M in 2024. Common Stock Shares Outstanding is likely to drop to about 43.8 M in 2024. Andean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Andean |
Sharpe Ratio = -0.0281
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| Negative Returns | ASL |
Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Andean Silver 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 Andean Silver by adding Andean Silver to a well-diversified portfolio.
Price Book 30.02 | Book Value 0.067 | Enterprise Value 112.3 M | Enterprise Value Ebitda (18.27) | Price Sales 1.9 K |
Andean Silver Valuation on December 3, 2024
It is possible to determine the worth of Andean Silver on a given historical date. On December 3, 2024 Andean was worth 1.01 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Andean Silver stock. Still, in general, we apply an absolute valuation method to find Andean Silver'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 Andean Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Andean Silver's related companies.
| Open | High | Low | Close | Volume | |
| 1.01 | 1.01 | 1.00 | 1.00 | 3,589 | |
12/03/2024 | 1.01 | 1.01 | 0.98 | 0.99 | 396,942 |
| 1.02 | 1.09 | 1.01 | 1.06 | 725,898 |
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Andean Silver Trading Date Momentum on December 3, 2024
| On December 04 2024 Andean Silver Limited was traded for 1.06 at the closing time. The maximum traded price for the trading interval was 1.09 and the lowest daily price was 1.01 . The daily volume was recorded at 725.9 K. The volume of trading on 4th of December 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 7.07% . The overall trading delta to the closing price today is 11.11% . |
Andean Silver Limited Fundamentals Correlations and Trends
By evaluating Andean Silver'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 Andean Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Andean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Andean Silver Stock history
Andean Silver 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 Andean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Andean Silver 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 Andean Silver stock prices may prove useful in developing a viable investing in Andean Silver
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.2 M | 43.8 M |
Andean Silver Stock Technical Analysis
Andean Silver 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
Andean Silver Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Andean Silver Limited 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.
Andean Silver December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Andean Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Andean Silver shares will generate the highest return on investment. By undertsting and applying Andean Silver stock market strength indicators, traders can identify Andean Silver Limited entry and exit signals to maximize returns
Andean Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Andean Silver's price direction in advance. Along with the technical and fundamental analysis of Andean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Andean 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 | 0.0316 | |||
| Jensen Alpha | 0.1316 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0074 | |||
| Treynor Ratio | 4.7 |
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Additional Tools for Andean Stock Analysis
When running Andean Silver's price analysis, check to measure Andean Silver'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 Andean Silver is operating at the current time. Most of Andean Silver's value examination focuses on studying past and present price action to predict the probability of Andean Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andean Silver's price. Additionally, you may evaluate how the addition of Andean Silver to your portfolios can decrease your overall portfolio volatility.