Peak Resources (Germany) Price on July 24, 2023
M3U Stock | EUR 0.06 0 5.83% |
If you're considering investing in Peak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Peak Resources stands at 0.06, as last reported on the 2nd of December, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. Peak Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0446, which implies the firm had a -0.0446% return per unit of risk over the last 3 months. Peak Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Peak Resources' Coefficient Of Variation of (2,260), risk adjusted performance of (0.02), and Variance of 82.39 to confirm the risk estimate we provide.
Peak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Peak |
Sharpe Ratio = -0.0446
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Estimated Market Risk
9.15 actual daily | 81 81% of assets are less volatile |
Expected Return
-0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Peak 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 Peak Resources by adding Peak Resources to a well-diversified portfolio.
Peak Resources Valuation on July 24, 2023
It is possible to determine the worth of Peak Resources on a given historical date. On July 24, 2023 Peak was worth 0.29 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Peak Resources stock. Still, in general, we apply an absolute valuation method to find Peak 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 Peak Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Peak Resources' related companies.
Open | High | Low | Close | Volume | |
0.29 | 0.29 | 0.29 | 0.29 | 1,533 | |
07/24/2023 | 0.29 | 0.29 | 0.29 | 0.29 | 1,533 |
0.29 | 0.29 | 0.29 | 0.29 | 1,533 |
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Peak Resources Trading Date Momentum on July 24, 2023
On July 25 2023 Peak Resources Limited was traded for 0.29 at the closing time. The highest daily price throughout the period was 0.29 and the lowest price was 0.29 . The daily volume was 1.5 K. The net trading volume on 07/25/2023 did not cause price change. The trading delta at closing time to current closing price is 6.90% . |
Peak Resources Fundamentals Correlations and Trends
By evaluating Peak 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 Peak Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Peak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Peak Resources Stock history
Peak 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 Peak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Peak 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 Peak Resources stock prices may prove useful in developing a viable investing in Peak Resources
Peak Resources Limited engages in the exploration and evaluation of mineral licenses in Tanzania. It owns a 100 percent interest in the Ngualla project located in Tanzania and a 75 percent interests in Mikuwo and Mlingi projects situated in Tanzania. Peak Resources operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.
Peak Resources Stock Technical Analysis
Peak 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
Peak Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Peak Resources Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Peak Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Peak 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 Peak Resources shares will generate the highest return on investment. By undertsting and applying Peak Resources stock market strength indicators, traders can identify Peak Resources Limited entry and exit signals to maximize returns
Peak Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Peak Resources' price direction in advance. Along with the technical and fundamental analysis of Peak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Peak 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 | (0.36) | |||
Total Risk Alpha | (1.93) | |||
Treynor Ratio | 0.9919 |
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Complementary Tools for Peak Stock analysis
When running Peak Resources' price analysis, check to measure Peak 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 Peak Resources is operating at the current time. Most of Peak Resources' value examination focuses on studying past and present price action to predict the probability of Peak Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peak Resources' price. Additionally, you may evaluate how the addition of Peak Resources to your portfolios can decrease your overall portfolio volatility.
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