Cadence Minerals (UK) Price on November 18, 2024
| KDNC Stock | 2.40 0.10 4.35% |
Below is the normalized historical share price chart for Cadence Minerals PLC extending back to March 24, 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 Cadence Minerals stands at 2.40, as last reported on the 29th of November, with the highest price reaching 2.40 and the lowest price hitting 2.32 during the day.
If you're considering investing in Cadence Stock, it is important to understand the factors that can impact its price. Cadence Minerals PLC secures Sharpe Ratio (or Efficiency) of -0.0614, which signifies that the company had a -0.0614% return per unit of standard deviation over the last 3 months. Cadence Minerals PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cadence Minerals' risk adjusted performance of (0.04), and Mean Deviation of 1.17 to double-check the risk estimate we provide.
At this time, Cadence Minerals' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 179.9 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 14.2 M in 2024. . Cadence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.3561 | 50 Day MA 2.409 | Beta 2.177 |
Cadence |
Sharpe Ratio = -0.0614
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| Negative Returns | KDNC |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cadence Minerals 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 Cadence Minerals by adding Cadence Minerals to a well-diversified portfolio.
Price Book 0.3241 | Enterprise Value Ebitda (0.65) | Price Sales 23.1299 | Shares Float 180.5 M | Wall Street Target Price 25 |
Cadence Minerals Main Headline on 18th of November 2024
Cadence Minerals notes drilling has begun at Bynoe project -... by news.google.com
Cadence Minerals notes drilling has begun at Bynoe project Marketscreener.com
Cadence Minerals Valuation on November 18, 2024
It is possible to determine the worth of Cadence Minerals on a given historical date. On November 18, 2024 Cadence was worth 2.4 at the beginning of the trading date compared to the closed value of 2.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cadence Minerals stock. Still, in general, we apply an absolute valuation method to find Cadence Minerals' 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 Cadence Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cadence Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 2.30 | 2.34 | 2.20 | 2.20 | 336,998 | |
11/18/2024 | 2.40 | 2.50 | 2.30 | 2.40 | 359,755 |
| 2.40 | 2.40 | 2.30 | 2.40 | 3,224 |
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Cadence Minerals Trading Date Momentum on November 18, 2024
| On November 19 2024 Cadence Minerals PLC was traded for 2.40 at the closing time. The highest price during the trading period was 2.40 and the lowest recorded bid was listed for 2.30 . The volume for the day was 3.2 K. This history from November 19, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Cadence Minerals PLC Fundamentals Correlations and Trends
By evaluating Cadence Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cadence Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cadence financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cadence Minerals Stock history
Cadence Minerals 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 Cadence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cadence Minerals PLC 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 Cadence Minerals stock prices may prove useful in developing a viable investing in Cadence Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 171.3 M | 179.9 M | |
| Net Loss | -165.6 K | -173.9 K |
Cadence Minerals Quarterly Net Working Capital |
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Cadence Minerals Stock Technical Analysis
Cadence Minerals 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
Cadence Minerals Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Cadence Minerals PLC 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.
Cadence Minerals November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Cadence Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cadence Minerals shares will generate the highest return on investment. By undertsting and applying Cadence Minerals stock market strength indicators, traders can identify Cadence Minerals PLC entry and exit signals to maximize returns
Cadence Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cadence Minerals' price direction in advance. Along with the technical and fundamental analysis of Cadence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cadence 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 | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (3.60) |
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Additional Tools for Cadence Stock Analysis
When running Cadence Minerals' price analysis, check to measure Cadence Minerals' 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 Cadence Minerals is operating at the current time. Most of Cadence Minerals' value examination focuses on studying past and present price action to predict the probability of Cadence Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Minerals' price. Additionally, you may evaluate how the addition of Cadence Minerals to your portfolios can decrease your overall portfolio volatility.