Peak Resources (Germany) Price on August 17, 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.

Sharpe Ratio = -0.0446

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsM3U

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 August 17, 2023

It is possible to determine the worth of Peak Resources on a given historical date. On August 17, 2023 Peak was worth 0.23 at the beginning of the trading date compared to the closed value of 0.23. 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
  0.25    0.26    0.25    0.26    1,533  
08/17/2023
  0.23    0.23    0.23    0.23    1,533  
  0.25    0.25    0.25    0.25    1,533  
Backtest Peak Resources  |  Peak Resources History  |  Peak Resources Valuation   PreviousNext  
Open Value
0.23
0.23
Closing Value
27.67
Upside

Peak Resources Trading Date Momentum on August 17, 2023

On August 18 2023 Peak Resources Limited was traded for  0.25  at the closing time. The highest daily price throughout the period was 0.25  and the lowest price was  0.25 . The daily volume was 1.5 K. The net trading volume on 08/18/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 8.70% . The trading delta at closing time to current closing price is 17.39% .

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.
A focus of Peak Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Peak Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Peak Resources Period Price Range

Low
December 2, 2024
0.00  NaN%
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.

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.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities