Kumba Iron Ore Stock Price on November 19, 2024
| KIROY Stock | USD 6.23 0.08 1.30% |
If you're considering investing in Kumba Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Kumba Iron stands at 6.23, as last reported on the 29th of November, with the highest price reaching 6.38 and the lowest price hitting 6.16 during the day. At this stage we consider Kumba Pink Sheet to be slightly risky. Kumba Iron Ore has Sharpe Ratio of 0.0226, which conveys that the firm had a 0.0226% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Kumba Iron, which you can use to evaluate the volatility of the firm. Please verify Kumba Iron's Standard Deviation of 2.68, mean deviation of 2.07, and Risk Adjusted Performance of (0.02) to check out if the risk estimate we provide is consistent with the expected return of 0.0566%.
Kumba Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Kumba |
Sharpe Ratio = 0.0226
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Kumba Iron is performing at about 1% 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 Kumba Iron by adding it to a well-diversified portfolio.
Kumba Iron Valuation on November 19, 2024
It is possible to determine the worth of Kumba Iron on a given historical date. On November 19, 2024 Kumba was worth 6.16 at the beginning of the trading date compared to the closed value of 6.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kumba Iron pink sheet. Still, in general, we apply an absolute valuation method to find Kumba Iron'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 Kumba Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kumba Iron's related companies.
| Open | High | Low | Close | Volume | |
| 6.26 | 6.26 | 6.26 | 6.26 | 3,939 | |
11/19/2024 | 6.16 | 6.16 | 6.16 | 6.16 | 1,334 |
| 6.64 | 6.64 | 6.32 | 6.33 | 2,500 |
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Kumba Iron Trading Date Momentum on November 19, 2024
| On November 20 2024 Kumba Iron Ore was traded for 6.33 at the closing time. The highest daily price throughout the period was 6.64 and the lowest price was 6.32 . The daily volume was 2.5 K. The net trading volume on 11/20/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.76% . The trading delta at closing time to current closing price is 1.46% . |
Kumba Iron Ore Fundamentals Correlations and Trends
By evaluating Kumba Iron'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 Kumba Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kumba financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kumba Iron Pink Sheet history
Kumba Iron 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 Kumba is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kumba Iron Ore 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 Kumba Iron stock prices may prove useful in developing a viable investing in Kumba Iron
Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore primarily in South Africa. Kumba Iron Ore Limited is a subsidiary of Anglo American plc. Kumba Iron is traded on OTC Exchange in the United States.
Kumba Iron Pink Sheet Technical Analysis
Kumba Iron technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Kumba Iron Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Kumba Iron Ore cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Kumba Iron November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Kumba Iron pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kumba Iron shares will generate the highest return on investment. By undertsting and applying Kumba Iron pink sheet market strength indicators, traders can identify Kumba Iron Ore entry and exit signals to maximize returns
Kumba Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kumba Iron's price direction in advance. Along with the technical and fundamental analysis of Kumba Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kumba 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 | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.18) |
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Additional Tools for Kumba Pink Sheet Analysis
When running Kumba Iron's price analysis, check to measure Kumba Iron'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 Kumba Iron is operating at the current time. Most of Kumba Iron's value examination focuses on studying past and present price action to predict the probability of Kumba Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kumba Iron's price. Additionally, you may evaluate how the addition of Kumba Iron to your portfolios can decrease your overall portfolio volatility.