Jindalee Resources Limited Stock Price on November 26, 2024
| JNDAF Stock | USD 0.14 0.02 12.50% |
If you're considering investing in Jindalee OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jindalee Resources stands at 0.14, as last reported on the 13th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. Jindalee Resources appears to be out of control, given 3 months investment horizon. Jindalee Resources holds Efficiency (Sharpe) Ratio of 0.0594, which attests that the entity had a 0.0594% return per unit of risk over the last 3 months. By evaluating Jindalee Resources' technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Jindalee Resources' Downside Deviation of 19.37, risk adjusted performance of 0.0516, and Market Risk Adjusted Performance of (0.14) to validate if our risk estimates are consistent with your expectations.
Jindalee OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jindalee |
Sharpe Ratio = 0.0594
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Estimated Market Risk
| 12.94 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Jindalee 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 Jindalee Resources by adding it to a well-diversified portfolio.
Jindalee Resources Valuation on November 26, 2024
It is possible to determine the worth of Jindalee Resources on a given historical date. On November 26, 2024 Jindalee was worth 0.15 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jindalee Resources otc stock. Still, in general, we apply an absolute valuation method to find Jindalee 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 Jindalee Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jindalee Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 | |
11/26/2024 | 0.15 | 0.17 | 0.15 | 0.17 | 5,500 |
| 0.16 | 0.16 | 0.16 | 0.16 | 22,000 |
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Jindalee Resources Trading Date Momentum on November 26, 2024
| On November 27 2024 Jindalee Resources Limited was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . The daily volume was 22 K. The net trading volume on 11/27/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 5.88% . The trading delta at closing time to current closing price is 17.65% . |
Jindalee Resources Fundamentals Correlations and Trends
By evaluating Jindalee 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 Jindalee Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jindalee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jindalee Resources OTC Stock history
Jindalee 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 Jindalee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jindalee Resources 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 Jindalee Resources stock prices may prove useful in developing a viable investing in Jindalee Resources
The company explores for gold, nickel, lithium, magnesite, iron, uranium, copper, alumina, and base metals. Jindalee Resources Limited was incorporated in 1994 and is based in West Perth, Australia. Jindalee Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Jindalee Resources OTC Stock Technical Analysis
Jindalee Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Jindalee Resources Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Jindalee Resources Limited cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Jindalee Resources December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Jindalee Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jindalee Resources shares will generate the highest return on investment. By undertsting and applying Jindalee Resources otc stock market strength indicators, traders can identify Jindalee Resources Limited entry and exit signals to maximize returns
Jindalee Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jindalee Resources' price direction in advance. Along with the technical and fundamental analysis of Jindalee OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jindalee 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 | 0.0516 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | (0.15) |
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Complementary Tools for Jindalee OTC Stock analysis
When running Jindalee Resources' price analysis, check to measure Jindalee 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 Jindalee Resources is operating at the current time. Most of Jindalee Resources' value examination focuses on studying past and present price action to predict the probability of Jindalee Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindalee Resources' price. Additionally, you may evaluate how the addition of Jindalee Resources to your portfolios can decrease your overall portfolio volatility.
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