Axelum Resources (Philippines) Price on April 25, 2023
| AXLM Stock | 2.07 0.19 10.11% |
If you're considering investing in Axelum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axelum Resources stands at 2.07, as last reported on the 1st of December, with the highest price reaching 2.07 and the lowest price hitting 1.89 during the day. Axelum Resources appears to be very risky, given 3 months investment horizon. Axelum Resources Corp secures Sharpe Ratio (or Efficiency) of 0.0625, which signifies that the company had a 0.0625% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Axelum Resources Corp, which you can use to evaluate the volatility of the firm. Please makes use of Axelum Resources' risk adjusted performance of 0.0446, and Mean Deviation of 2.16 to double-check if our risk estimates are consistent with your expectations.
Axelum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axelum |
Sharpe Ratio = 0.0625
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Axelum Resources is performing at about 4% of its full potential. 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 Axelum Resources by adding it to a well-diversified portfolio.
Axelum Resources Valuation on April 25, 2023
It is possible to determine the worth of Axelum Resources on a given historical date. On April 25, 2023 Axelum was worth 2.52 at the beginning of the trading date compared to the closed value of 2.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axelum Resources stock. Still, in general, we apply an absolute valuation method to find Axelum 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 Axelum Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axelum Resources' related companies.
| Open | High | Low | Close | Volume | |
| 2.55 | 2.55 | 2.52 | 2.52 | 115,000 | |
04/25/2023 | 2.52 | 2.53 | 2.51 | 2.51 | 215,000 |
| 2.52 | 2.53 | 2.51 | 2.51 | 401,000 |
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Axelum Resources Trading Date Momentum on April 25, 2023
| On April 26 2023 Axelum Resources Corp was traded for 2.51 at the closing time. The highest price during the trading period was 2.53 and the lowest recorded bid was listed for 2.51 . The volume for the day was 401 K. This history from April 26, 2023 did not affect price variability. The overall trading delta to the current price is 2.39% . |
Axelum Resources Corp Fundamentals Correlations and Trends
By evaluating Axelum 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 Axelum Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axelum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axelum Resources Stock history
Axelum 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 Axelum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axelum Resources Corp 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 Axelum Resources stock prices may prove useful in developing a viable investing in Axelum Resources
Axelum Resources Stock Technical Analysis
Axelum Resources 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
Axelum Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Axelum Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Philippine Stock 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.
Axelum Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Axelum Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axelum Resources shares will generate the highest return on investment. By undertsting and applying Axelum Resources stock market strength indicators, traders can identify Axelum Resources Corp entry and exit signals to maximize returns
Axelum Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axelum Resources' price direction in advance. Along with the technical and fundamental analysis of Axelum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axelum 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 | 0.0446 | |||
| Jensen Alpha | 0.1808 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0064 | |||
| Treynor Ratio | (0.52) |
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Additional Tools for Axelum Stock Analysis
When running Axelum Resources' price analysis, check to measure Axelum 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 Axelum Resources is operating at the current time. Most of Axelum Resources' value examination focuses on studying past and present price action to predict the probability of Axelum Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axelum Resources' price. Additionally, you may evaluate how the addition of Axelum Resources to your portfolios can decrease your overall portfolio volatility.