AfriTin Mining (UK) Price on November 21, 2024
| ATM Stock | 2.45 0.05 2.08% |
Below is the normalized historical share price chart for AfriTin Mining extending back to November 09, 2017. 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 AfriTin Mining stands at 2.45, as last reported on the 23rd of November, with the highest price reaching 2.46 and the lowest price hitting 2.34 during the day.
If you're considering investing in AfriTin Stock, it is important to understand the factors that can impact its price. AfriTin Mining secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. AfriTin Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AfriTin Mining's Risk Adjusted Performance of (0.10), mean deviation of 2.03, and Standard Deviation of 3.38 to double-check the risk estimate we provide.
At present, AfriTin Mining's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 24.7 M, whereas Other Stockholder Equity is forecasted to decline to (451 M). . AfriTin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.9561 | 50 Day MA 3.1525 | Beta 0.791 |
AfriTin |
Sharpe Ratio = -0.1321
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATM |
Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.45 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 AfriTin 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 AfriTin Mining by adding AfriTin Mining to a well-diversified portfolio.
Price Book 1.2429 | Enterprise Value Ebitda (153.62) | Price Sales 2.2557 | Shares Float 1.6 B | Wall Street Target Price 17.67 |
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AfriTin Mining Valuation on November 21, 2024
It is possible to determine the worth of AfriTin Mining on a given historical date. On November 21, 2024 AfriTin was worth 2.4 at the beginning of the trading date compared to the closed value of 2.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AfriTin Mining stock. Still, in general, we apply an absolute valuation method to find AfriTin 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 AfriTin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AfriTin Mining's related companies.
| Open | High | Low | Close | Volume | |
| 2.20 | 2.40 | 2.15 | 2.40 | 5,367,915 | |
11/21/2024 | 2.40 | 2.46 | 2.34 | 2.45 | 3,175,091 |
| 2.45 | 2.47 | 2.40 | 2.45 | 1,488,686 |
| Backtest AfriTin Mining | | | AfriTin Mining History | | | AfriTin Mining Valuation | Previous | Next |
AfriTin Mining Trading Date Momentum on November 21, 2024
| On November 22 2024 AfriTin Mining was traded for 2.45 at the closing time. The highest price during the trading period was 2.47 and the lowest recorded bid was listed for 2.40 . The volume for the day was 1.5 M. This history from November 22, 2024 did not affect price variability. The overall trading delta to the current price is 2.04% . |
AfriTin Mining Fundamentals Correlations and Trends
By evaluating AfriTin 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 AfriTin Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AfriTin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AfriTin Mining Stock history
AfriTin 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 AfriTin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AfriTin 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 AfriTin Mining stock prices may prove useful in developing a viable investing in AfriTin Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 29.7 M | |
| Net Loss | -1.8 M | -1.9 M |
AfriTin Mining Stock Technical Analysis
AfriTin 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
AfriTin Mining Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
AfriTin Mining cannot be verified against its exchange. Please verify the symbol is currently traded on London 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.
AfriTin Mining November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how AfriTin 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 AfriTin Mining shares will generate the highest return on investment. By undertsting and applying AfriTin Mining stock market strength indicators, traders can identify AfriTin Mining entry and exit signals to maximize returns
AfriTin Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AfriTin Mining's price direction in advance. Along with the technical and fundamental analysis of AfriTin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AfriTin 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 | (0.10) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (0.73) |
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Complementary Tools for AfriTin Stock analysis
When running AfriTin Mining's price analysis, check to measure AfriTin 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 AfriTin Mining is operating at the current time. Most of AfriTin Mining's value examination focuses on studying past and present price action to predict the probability of AfriTin 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 AfriTin Mining's price. Additionally, you may evaluate how the addition of AfriTin Mining to your portfolios can decrease your overall portfolio volatility.
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