Latin Resources (Australia) Price on October 20, 2023
| LRS Stock | 0.16 0.01 5.88% |
Below is the normalized historical share price chart for Latin Resources extending back to September 21, 2010. 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 Latin Resources stands at 0.16, as last reported on the 1st of December, with the highest price reaching 0.17 and the lowest price hitting 0.16 during the day.
If you're considering investing in Latin Stock, it is important to understand the factors that can impact its price. Latin Resources has Sharpe Ratio of -0.054, which conveys that the firm had a -0.054% return per unit of risk over the last 3 months. Latin Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Latin Resources' Standard Deviation of 4.45, risk adjusted performance of (0.03), and Mean Deviation of 3.11 to check out the risk estimate we provide.
At this time, Latin Resources' Common Stock is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 121.2 M in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (4.1 M). . Latin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1959 | 50 Day MA 0.1945 | Beta 2.04 |
Latin |
Sharpe Ratio = -0.054
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| Negative Returns | LRS |
Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Latin Resources 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 Latin Resources by adding Latin Resources to a well-diversified portfolio.
Price Book 4.3307 | Book Value 0.037 | Enterprise Value 428.1 M | Enterprise Value Ebitda (22.83) | Price Sales 5.2 K |
Latin Resources Valuation on October 20, 2023
It is possible to determine the worth of Latin Resources on a given historical date. On October 20, 2023 Latin was worth 0.27 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Latin Resources stock. Still, in general, we apply an absolute valuation method to find Latin 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 Latin Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Latin Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.27 | 0.27 | 0.26 | 0.27 | 7,423,508 | |
10/20/2023 | 0.27 | 0.27 | 0.27 | 0.27 | 1.00 |
| 0.26 | 0.26 | 0.24 | 0.25 | 11,643,890 |
| Backtest Latin Resources | | | Latin Resources History | | | Latin Resources Valuation | Previous | Next |
Latin Resources Trading Date Momentum on October 20, 2023
| On October 23 2023 Latin Resources was traded for 0.25 at the closing time. The maximum traded price for the trading interval was 0.26 and the lowest daily price was 0.24 . The daily volume was recorded at 11.6 M. The volume of trading on 23rd of October 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 7.41% . The trading delta at closing time to the closing price today is 3.70% . |
Latin Resources Fundamentals Correlations and Trends
By evaluating Latin 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 Latin Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Latin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Latin Resources Stock history
Latin 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 Latin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Latin 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 Latin Resources stock prices may prove useful in developing a viable investing in Latin Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.5 B | 2.6 B | |
| Net Loss | -8.3 M | -8.7 M |
Latin Resources Stock Technical Analysis
Latin 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
Latin Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Latin Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Latin Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Latin 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 Latin Resources shares will generate the highest return on investment. By undertsting and applying Latin Resources stock market strength indicators, traders can identify Latin Resources entry and exit signals to maximize returns
Latin Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Latin Resources' price direction in advance. Along with the technical and fundamental analysis of Latin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Latin 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 | (0.03) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (0.50) |
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Additional Tools for Latin Stock Analysis
When running Latin Resources' price analysis, check to measure Latin 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 Latin Resources is operating at the current time. Most of Latin Resources' value examination focuses on studying past and present price action to predict the probability of Latin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Latin Resources' price. Additionally, you may evaluate how the addition of Latin Resources to your portfolios can decrease your overall portfolio volatility.